Veteran public chain going all out, finding a hundredfold opportunity standing on the shoulders of the MEME launchpad.

By: blockbeats|2024/12/05 19:15:01

Everyone underestimated the resilience of established public blockchains. After the end of the new public blockchain craze, it was time for the celebration of the old-school public blockchains.

EOS surged 3x in a month; XLM skyrocketed 6x in a month; while XRP jumped 4x in a month, surpassing Solana in market capitalization to rank third in the cryptocurrency market.

Veteran public chain going all out, finding a hundredfold opportunity standing on the shoulders of the MEME launchpad.

In such a market environment, besides directly investing in the mainstream coins of these established public blockchains, meme coins within their ecosystems may also hold hidden opportunities for hundredfold growth. Focusing on these meme launch platforms is a great way to find these hundredfold opportunities.

Therefore, in this Chinese article, BlockBeats introduces several meme launch platforms on established public blockchains for everyone to use.

BNB: Four.meme

There's no need to talk much about the strength and background of the BNB Chain. Since CZ's release from prison, there seems to be a "revival" of the BNB Chain ecosystem, with many recent hot memes. Moreover, the level of inside jokes and player-vs-player (pvp) intensity on this chain is relatively low, so there are many high-quality memes. Therefore, it's essential to keep an eye on the meme launch platforms on this chain.

The platform introduced to you on the BNB Chain is Four.meme. Four.meme is not only the leading meme coin issuance platform on the BNB Chain but also a driving force dedicated to promoting cryptocurrency innovation and community building.

Four.meme has currently listed over 10,440 tokens on the platform and has shown extremely rich widespread acceptance and activity on the BNB Chain. Over a hundred tokens have been launched on PancakeSwap, such as $banana, $Aicell, demonstrating good market performance and investment returns, with recent success in the trending desci concept and AI projects. Related Read: "With the Support of the BNB Chain, How Does Four.meme Build a Sustainable Meme Platform?"

In terms of basic coin issuance features, low coin issuance costs, Bonding Curve mechanism, and initial liquidity settings, Four.meme has them all. It's worth mentioning that currently, coin issuance on Four.meme is free, and the transaction fee on the platform is only 1%, with a minimum fee of 0.001 BNB. Once a meme coin reaches 100% of the Bonding Curve, Four.meme will automatically create a 20% total circulating token liquidity pool on PancakeSwap. Additionally, users can currently customize how much funding they need to raise for the launch. Once launched, the platform rewards the creator with a 1% liquidity incentive.

What's even more significant and unique is that Four.meme is not just a token issuance platform, but also an accelerator that provides comprehensive support for meme coin projects. Through its distinctive support system, Four.meme can help projects evolve from basic marketing stages to impactful community building and ecosystem collaboration phases. This sets it apart from other similar products like Pumpfun, as Four.meme offers not just a technical solution but holistic growth support.

When a meme coin is launched on Four.meme, as long as its market cap reaches 80% of the on-chain liquidity, it is eligible for a badge display and qualifies for developer airdrop events to increase the project's visibility. After a successful PancakeSwap listing, the project will be featured in the platform's weekly meme posters.

Projects that achieve a $1M market cap with a daily trading volume exceeding $100K will receive support from official KOL partners and the community matrix. They will also tap into additional traffic through partnerships with multi-chain wallet TokenPocket, derivatives DEX kiloex Finance, and other partners.

Some of Four.meme's Partnerships

When a project's market cap reaches even higher trading volumes, it will qualify for joint marketing from the BNB Chain, including official brand endorsements and resource connections. During this phase, the project will not only receive market support but also have the opportunity for CEX listing referrals and market maker recommendations, facilitating crucial steps in market penetration and community expansion.

Four.meme's accelerator program has proven its effectiveness, successfully incubating multiple meme coins with market caps exceeding $10M. For example, $BIC saw a significant surge from July, multiplying its value several times within a week, surpassing $18M in market cap by August 22nd. $Binancedog achieved a trading volume of $70M within 24 hours of listing and reached a peak market cap of 16M. Recent popular coins like $banana and $Aicell currently hold market caps of $62M and $11M, respectively, demonstrating Four.meme's effective project promotion and market capture capabilities.

Ripple: First Ledger

When it comes to Ripple, the first thing that comes to mind is its three-year-long lawsuit with the SEC regarding whether "XRP is a security." This is because, in the recent U.S. election, they made significant "political donations" to the Trump team. Additionally, ETF provider WisdomTree has submitted an S-1 registration filing for an XRP ETF with the SEC. This has labeled Ripple and $XRP as "compliant." As the price of $XRP has risen, the prices of ecosystem meme coins have naturally surged as well.

First Ledger is a project based on the XRP network similar to the Pumpfun project, aiming to provide more flexible wallet management and fast transaction options, including one-click token issuance.

It is worth noting that on the XRP network, after creating a wallet, you must deposit 10 XRP to activate the wallet. After utilizing the wallet, you can withdraw the 10 XRP upon completing transactions. However, on First Ledger, after creating a wallet, a minimum of 11 XRP is required to start transactions.

Similar to signing a contract on the Ethereum Virtual Machine (EVM) chain to interact with decentralized applications (dApps), users on XRPL need to sign a "trustline" to interact with tokens. When signing a trustline, 2 XRP is reserved for interacting with the token. Once a user completely sells their held tokens, First Ledger will automatically remove the trustline and return the 2 XRP.

First Ledger implements a 1% transaction fee. The distribution of these fees is as follows: 20% for the referral program, 25% owned by the team, 10% for infrastructure and expansion, and 45% pending allocation.

First Ledger has shown strong market performance, and some of the memes previously listed have performed well. Currently, the top-ranked meme coins on the market showcase their popularity and potential growth momentum. There is currently a meme challenge spreading on First Ledger, inviting more friends and creating more meme coins to earn points and rewards and rank on the leaderboard.

In light of the continued popularity of XRP, First Ledger may give rise to more promising meme coins. Stay tuned for further developments.

Cardano: Snek.fun

When it comes to the story of Cardano, many newcomers to the crypto world are unaware. This story dates back to a pivotal moment in Ethereum's history in 2014 when the eight co-founders had a significant disagreement over whether Ethereum's future should be a nonprofit organization or a for-profit entity, leading to their dispersal. One of the co-founders, Charles, departed from Ethereum, founded the development company IOHK (later restructured as a venture studio), and launched a PoS blockchain called Cardano.

This is the story of Cardano's inception, which has been a favorite for many years, positioning itself in the top ten cryptocurrencies by market cap. Due to its early focus on the Japanese market, it was dubbed the "Japanese Ethereum" and was also known as the first-generation "Ethereum killer." It rode the wave of the rise of established blockchains and gained prominence in the community through various meme trends.

Snek.fun is an innovative meme coin issuance platform based on the Cardano blockchain, a collaboration between the Cardano meme coin $SNEK and the Cardano ecosystem DEX Splash.

Snek.fun's operation is similar to Pump.fun. When 75% of a token's supply is bought on the market, reaching a market cap of 42,069 ADA, a liquidity pool containing 25% of the token's supply will be created on DEX Splash, and the corresponding LP (Liquidity Provider) tokens will be burned. This model aims to increase the token's market value by enhancing scarcity.

Snek.fun started its pre-launch at the end of July and officially launched in early September. Despite facing some technical challenges at the outset, such as wallet API overload, as stated on the official Twitter account, with 20,000 users flooding the website every 10 seconds, the system underwent immense pressure. Users in the tweet comments reported experiencing delays of up to 5 hours in transactions. Related Reading: "Is Cardano's meme launchpad Snek.fun a real deal?｜Web3 ..."

Despite these early hurdles, in the long run, as the Cardano ecosystem heats up, liquidity for $ADA and profit-taking may flow into the ecosystem.

Another noteworthy mention is the meme coin $SNEK, launched in May 2023, which saw a 13x increase in value in the first two months until the end of the year, reaching a market cap exceeding $130 million. After a more than 70% drop from its peak, the market cap in early September was $5 million; however, as of the time of writing, $SNEK's market cap has grown to $500 million.

Tron: SunPump

Tron's TRON needs little introduction, as everyone is familiar with Sun Yuchen (Justin Sun); he recently made headlines for buying a banana at Sotheby's for $40 million, which also seems to have boosted the memes on Tron.

It is the first meme coin-focused launchpad on the TRON blockchain. When any token project's bonding curve reaches a 100% funding goal, liquidity will automatically be injected into SunSwap V2. This mechanism avoids common issues during pre-sales on traditional platforms, such as team allocations and high fees, providing users with a fully transparent token management and creation process.

When a token project's bonding curve reaches a 100% funding goal, the smart contract will automatically add approximately 100,000 TRX and the remaining 200 million tokens to the liquidity pool of SunSwap V2. Additionally, the smart contract will deduct about 3,000 TRX from the bonding curve to cover the cost of adding liquidity.

Creating a token on SunPump only requires paying around 20 TRX as a creation fee. The platform charges a highly competitive 1% transaction fee. The product itself is similar to Pump Fun, but SunPump's success mainly stems from the powerful marketing prowess of Tron's founder, Justin Sun. During the Token 2049 event in Dubai, Justin Sun openly expressed optimism about the meme market, stating, "Meme coins may seem a bit strange, but they highlight the power of community in cryptocurrency."

On the debut day of SunPump, its protocol revenue in the first 24 hours exceeded that of Pump.fun, showcasing its efficient profit-making ability. Furthermore, DWF Labs announced a partnership with SunPump, although the specific details of the collaboration have not been disclosed. SunPump has also strategically invested in other meme coin projects within the Tron ecosystem, such as SunDog.

Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.

The following is the original content:

Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.

Never Underestimate "Institutional Inertia"

In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.

When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."

Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.

A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.

I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.

The Software Industry Has "Infinite Demand" for Labor

Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.

But everyone overlooks one thing: the current state of these software products is simply terrible.

I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.

From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.

Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.

I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.

This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.

Redemption of "Reindustrialization"

Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.

But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.

As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.

We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.

We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.

Towards Abundance

The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.

My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.

At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.

If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.

Source: Original Post Link

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