Aptos joins the Meme battlefield, a quick look at the Meme coin issuance platform emojicoin.fun

avatar
ODAILY
2 days ago
This article is machine translated
Show original

Author: Anderson Sima, Foresight News

On November 20, the Aptos blockchain of the Move ecosystem officially announced the launch of the meme coin platform emojicoin.fun mainnet. After the mainnet launch, the price of Aptos surged by over 10% and broke through $13.

After the platform's launch, it also retweeted community posts about its flagship MEME DOGFACE. The market capitalization of DOGFACE 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 "emoji coins" (emojicoin), which are 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. 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 presentation form for 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 independently generate tokens by connecting their wallets, selecting emojis or emoji combinations, and clicking "Launch Emojicoin".

Through its fun design and fair mechanism, the emojicoin.fun platform allows users to participate in cryptocurrency trading in an easy manner. Will this pose a competitive threat to the dominant Solana meme ecosystem? Further observation is needed. For more details, please refer to its official documentation and platform homepage.

Sector:
Source
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.
Like
Add to Favorites
Comments