In recent days, Virtuals Genesis Launches' $AXR has skyrocketed, and Believe platform's token $launchcoin has rapidly reached 100x in three days, officially launching the money-printing summer. With numerous platforms and complex models, let's break down their pros and cons and quickly get started:
1. Believe Trench
As a popular launch platform, people are talking about the platform token $launchcoin reaching 100x in three days. However, it's more important to see its vision of expanding from consumer-level applications to consumer-level cryptocurrencies, with the early large MC memecoin projects being those that developed products in web2 and imported them to web3.
The platform will soon launch tools to help token creators easily empower their issued tokens, providing SDK to integrate web3 tokens into the web2 product experience of each token launch.
Advantages:
1. Directly installable from the iOS App Store, with debit card, Apple Pay, and on-chain recharge within the app, making it easy for newcomers to enter the web3 world and purchase cryptocurrencies;
2. User-friendly interface and experience for ordinary users, easy to get started, good at attracting founders from Web2 to launch quality products and empower tokens
3. Through patient research, one can find early-stage projects with actual product usage and interaction, or buy during the second stage pullback
Disadvantages:
1. No customer consumption value accumulation and feedback mechanism
2. No revenue sharing, no buyback, lacking a token growth engine
3. Twitter shills are gradually increasing, affecting experience and money-making effect
Suitable for: Web2 newcomers, new PvP trench
Battle portal: believescreener.com
2. Virtuals Trench
After obtaining Genesis points through staking rewards, new token purchase rewards, and diamond hand holding rewards, Virtuals Genesis Launch's mechanism guides players not to sell, doing everything possible to lock the liquidity of new tokens and $VIRTUAL, easily bringing multiple 30-100x projects. This novel and effective mechanism was quickly "borrowed" by Binance Alpha.
Advantages:
1. Best AI project token trench, many old tokens are also reviving
2. Innovative issuance mechanism allows new token players to continuously achieve 30x-100x excess returns
3. Trading tokens, holding $VIRTUAL, staking partner project tokens ($vader, etc.), holding new tokens as "diamond hands", with a chance to obtain Genesis points to participate in the next token launch (0.5% supply) quota
4. $VIRTUAL and top-tier agent tokens have good brand value and traffic pool accumulation effect
Disadvantages:
1. Players cannot make large token launches
2. Liquidity of some new projects is relatively thin
3. Genesis points mechanism is a black box with many uncertainties, plus the mechanism of being locked up for selling on the launch day, and with many participants, retail investors find it difficult to obtain large amounts of Genesis points
Suitable for: Geek AI research enthusiasts, newcomers, first-generation old token whales (like @hellosuoha), PvE trench
Battle portal: app.virtuals.io
3. Boop Trench
Launched in May by PancakeSwap founder and former Binance "CRO" @dingalingts, the platform has a strategic airdrop mechanism that rewards early supporters and active users (mainly high-traffic KOLs).
Advantages:
1. Platform introduces a clever airdrop model, incentivizing token issuance by creators on Twitter to obtain $BOOP airdrops
2. Interesting value accumulation mechanism: token holders and creators can claim daily $BOOP airdrops
3. Stronger positive feedback mechanism for $BOOP ecosystem: 1% transaction fee, 30% used for buyback, 60% distributed to stakers
Disadvantages:
1. A considerable number of creators issue "do not buy" tokens, not building anything themselves and also encouraging their community not to buy, just to obtain $BOOP airdrops, which feels very hypocritical
2. The platform has not yet generated meaningful trading volume
Suitable for: Twitter creators with $BOOP airdrop qualifications to harvest fools, wealthy individuals who want to support their favorite Twitter creators/scientists and the platform, PvFool trench
Arena portal: boop.fun
4. Pumpfun Trench
The oldest classic meme launch platform
Advantages:
1. Originator of the memecoin/shitcoin wave
2. Largest community and distribution network
3. New version added creator revenue sharing mechanism, distributing 50% of PumpSwap revenue to creators
Disadvantages:
1. Each "surging" project is often accompanied by hundreds or even tens of thousands of Rug Pulls
2. Historically filled with panic selling and dramatic disputes
3. No ecosystem token support
Suitable for: Veteran players, scientists, shill KOLs, most PvP trench
Arena portal: pump.fun/board
5. Bonkfun Trench
@bonk_fun (also known as LetsBONK.fun) is a no-code, community-driven memecoin launch platform launched by the famous Solana meme project BONK
Advantages:
1. Collaboration with @RaydiumProtocol / LaunchLab
2. Few daily token issuances, yet more successful project launches than Pumpfun
3. Strong support from Solana community and veterans
Disadvantages:
1. Too many orange animal-themed memecoins in the market
2. Players can barely grab top projects, and those who can't grab top projects are likely to be wiped out
Suitable for: Veteran meme animal players, relatively new PvP trench
Arena portal: letsbonk.fun
