In the past few days, the $AXR of Virtuals Genesis Launches has increased 100 times, and the Believe platform token $lauchcoin has increased 100 times in three days, officially opening the summer of money printing. There are so many platforms and so many complex models. Let's take a look at the advantages and disadvantages of each one and get started quickly:
1. Believe in the trenches
As a hot new launch platform, everyone is talking about the platform token $launchcoin, which increased a hundred times in three days. However, we should look deeper into its vision of expanding from consumer-grade applications to consumer-grade cryptocurrencies. The big golden dogs that emerged in the first few days were all projects that developed products in web2 and imported them into web3.
The platform will soon launch tools that will allow coin builders on the platform to easily empower the tokens they issue, provide SDKs, and integrate web3 tokens into the web2 product experience of each coin issuer.
Advantages:
1. It can be directly installed through the iOS App Store, and debit cards, Apple Pay, and direct chain recharges can be used in the APP, allowing novices to easily enter the web3 world and purchase cryptocurrencies;
2. Friendly interface and experience for ordinary users, easy to use, good at calling on founders from Web2 to launch high-quality products and empower tokens
3. Through patient research, you can find projects with actual product usage and interaction and buy them early, or there are still buying opportunities in the second stage after the callback
Disadvantages :
1. No customer consumption value accumulation feedback mechanism
2. No revenue sharing, no buyback, and lack of token growth engine
3. Twitter scrapers are gradually increasing, affecting the user experience and money-making effect
Suitable for: New users of Web2, new PvP players
Battle portal: believescreener.com
2. Virtuals trenches
After obtaining Genesis points through staking rewards, new coin purchase rewards, diamond hand holding rewards, etc., the Virtuals Genesis Launch new issuance mechanism guides players not to sell, and do everything possible to lock in the liquidity of new coins and $VIRTUAL, easily bringing multiple projects with 30-100 times returns. The novel and effective mechanism was immediately "borrowed" (chaoxi) by Binance Alpha.
Advantages:
1. The best AI project token trenches, many old coins are also beginning to rejuvenate
2. The innovation of the issuance mechanism allows new investors to continuously achieve excess returns of 30×–100×
3. Trading tokens, holding $VIRTUAL, staking cooperative project tokens ($vader, etc.), and holding "Diamond Hands" of new coins will have the opportunity to obtain Genesis points to participate in the next round of new issuance (0.5% supply) quota
4. $VIRTUAL and top agent tokens have good brand value and traffic pool accumulation effect
Disadvantages:
1. Players cannot purchase large amounts of new shares
2. Liquidity of some new projects is relatively thin
3. The Genesis Points mechanism is a black box with many uncertainties. In addition, there is a black room mechanism for selling on the day of new listings, and there are many participants. It is not easy for retail investors to obtain a large number of Genesis Points.
Suitable for people: Geek AI investment and research enthusiasts, new beginners, first-generation old currency tycoons (@hellosuoha, etc.), P v E trenches
Battle Portal: app.virtuals.io
3. Boop Trench
Launched in May by @dingalingts, the founder of Pancakeswap and former Binance “CRO” (why put double quotes, ask CZ), the platform has a strategic airdrop mechanism to provide airdrop rewards to early supporters and active users (mainly high-traffic KOLs).
Advantages:
1. The platform introduces a clever airdrop model to encourage creators on Twitter to issue tokens to receive $BOOP airdrops
2. Interesting value accumulation mechanism: token holders and creators can receive $BOOP airdrops every day
3. $BOOP ecosystem has a stronger positive feedback mechanism: 1% transaction fee, 30% for repurchase, and 60% for pledgers
Disadvantages:
1. A considerable number of creators issue "forbidden to buy" tokens. In addition to not building them themselves, they also encourage their own communities not to buy them, just to get $BOOP airdrops. This kind of "want both" attitude is very bad.
2. The platform has not yet generated meaningful trading volume on a sustained basis
Suitable for: Twitter creators with $BOOP airdrop qualifications who want to harvest fools, wealthy people who want to support their favorite Twitter creators/scientists and the platform, P v fool trench
Colosseum portal: boop.fun
4. Pumpfun Trench
The oldest and most classic meme launch platform
Advantages:
1. The originator of the memecoin/shitcoin trend
2. Has the largest community and distribution network
3. The new version adds a creator revenue sharing mechanism, distributing 50% of PumpSwap revenue to creators
Disadvantages:
1. Behind every “surge” project, there are often hundreds or even tens of thousands of rug pulls
2. History is littered with panic selling and dramatic disputes
3. No ecological token support
Suitable for people: old players of Kuaishou, scientists, KOLs who shout orders, and the most P v P trenches
Colosseum portal: pump.fun/board
5. Bonkfun Trench
@bonk_fun (aka LetsBONK.fun) is a code-free, community-driven memecoin launch platform from the famous Solana meme project BONK
Advantages:
1. Collaboration with @RaydiumProtocol / LaunchLab
2. The number of tokens issued daily is small, but the number of successful projects launched exceeds that of Pumpfun
3. Strong support from the Solana community and senior people
Disadvantages:
1. There are too many similar orange animal-themed memecoins on the market
2. The items that players can grab are basically reset to zero, and the items that players cannot grab are basically abandoned
Suitable for: Experienced meme and animal players, relatively new PvP trench players
Colosseum portal: letsbonk.fun
