A quick look at the Meme coin issuance platform that caused APT to surge 12% in a single day emojicoin.fun

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3 days ago
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Aptos officially announced the launch of the emojicoin.fun platform, which indicates a potential association between the platform and Aptos official.

Author: Anderson Sima, Foresight News

On November 20, the Move-based public chain Aptos officially announced the mainnet launch of the Meme coin platform emojicoin.fun, and the Aptos price surged by over 10% in the short term, breaking through $13.

After the platform's launch, it also retweeted community posts about its flagship MEME DOGFACE, whose market capitalization subsequently exceeded $14 million.

Emojicoin.fun is a meme launch platform based on emojis, combining the fun of emojis with the (DeFi) ecosystem to provide users with a unique and easy-to-use trading environment. The platform is built on the Aptos ecosystem, allowing users to create and trade "emojicoin," tokens represented by emojis.

The Official Twitter shows that emojicoin.fun is incubated by Econia Labs, a team based in Portland known for its decentralized order protocol, which has processed over $210 million in transaction volume. The team is led by CEO Alex Kahn and COO Kirsten.

The emojicoin.fun platform is powered by Aptos and the Move programming language. Aptos officially announced the launch of the emojicoin.fun platform, indicating a potential association between the platform and Aptos official. Additionally, the Official Twitter shows that emojicoin.fun is operated by infranomicon.net.

Core features and characteristics of Emojicoin.fun:

  • Fair launch mechanism: Tokens on the platform are fairly launched through a pre-set supply, without pre-sales or team allocations, ensuring the fairness of token distribution and reducing the risk of scams common in traditional meme token platforms.

  • Innovative token form: Emojicoin.fun uses emojis as token symbols, providing a new way of presenting digital assets, breaking the convention of traditional letter or numeric symbols and adding more creativity to the decentralized finance world.

  • Open-source trading platform: Unlike some platforms with closed-source code and private APIs, the Move packages, indexers, and front-end source code of emojicoin.fun are open-sourced on Github, increasing the platform's transparency and credibility.

  • On-chain chat function: Emojicoin.fun also has an on-chain chat function, allowing users to interact with the community in real-time.

  • Self-creation of tokens: Users can generate their own tokens by simply connecting their wallets, selecting emojis or emoji combinations, and clicking "Launch Emojicoin".

The emojicoin.fun platform, through its fun design and fair mechanism, allows users to participate in crypto trading in an easy way. Whether this poses a competitive threat to the dominant Solana meme ecosystem remains to be seen. For more details, please refer to its official documentation and platform homepage.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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