【ƒlaunch】Token Launchpad with automatic buyback via Uniswap v4 hook / 100% return of transaction fees, NFTing the right to receive transaction fees, fixed price sales for 30 minutes / @flaunchgg
This is a remarkable project that solves the problems of existing launchpads.
Good morning.
Mitsui from web3 researcher.
Today we researched ƒlaunch.
🔴What is ƒlaunch?
💧Token issuance method and on-chain data
💬Enabling long-term operationsMeme Token Launchpad
🔴What is ƒlaunch?
"ƒlaunch" is a newly launched token launch pad on Base. 30 minutesIt has new features that solve the challenges of existing token launchpads, including fixed price sales, 100% revenue sharing to the creator, NFTing of revenue sharing rights, and an automated buyback system that utilizes the Uniswap v4 hook.
Let's start with the challenges of existing token launch pads.The existing token launchpads we are referring to here are platforms like Pump[...].fun-like platforms.
There are four main issues mentioned.
Some parties get large profits from early purchases
No ongoing revenue for the creator (= no incentive to continue)
Platformer (token launchpad) has a monopoly on all profits
No financial metanism exists to support token prices
Pump[...].The advent of FUN has made it easy for anyone to launch tokens, but this mechanism has led to the continued indiscriminate issuance of tokens.Moreover, after the token launch, some parties often purchase the tokens, promote them to raise the price, and then sell them for a profit.
This phenomenon is due to the lowering of the token issuance hurdle, as well as a distorted incentive design whereby the creator has no ongoing income, and therefore, it is more profitable to continue issuing new tokens than to operate the tokens that have been issued.
ƒlaunch is a new launchpad that solves these issues.
Let's take a look at some of its unique features.
30-minute fixed price sale
When a token is launched in "ƒlaunch", it goes into a fixed price fair launch.During this period, a certain number of tokens are available to anyone at a fixed price.In a normal fair launch, they are sold on a bonding curve, with early buyers buying at a lower price and later discoverers at a higher price.In this case, some parties or traders may monopolize the profits.ƒlaunch" is sold at a fixed price for 30 minutes.
In addition, purchased tokens cannot be sold while the fair launch is active.Thereafter, tokens purchased during the fair launch can be sold at the same price (excluding commissions) as when they were purchased, so that initial buyers can rest assured that they will not lose money.
100% transaction fee reduction
ƒlaunch" collects a swap fee of 1% on trades, but distributes 100% of the fee to the token creator.The platform (ƒlaunch) does not charge 1%.
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