PROMO
by BSCN
November 26, 2024
Learn how jump.fun revolutionizes meme coin launches with one-click deployment, transparent liquidity, and community-driven rewards on Ethereum.
A brand new meme-launching platform, jump.fun, went live, and it has introduced a few exciting new features. Its token donation feature which introduced and adopted a “last man standing” countdown mechanism resembles the Fomo3D of old. It also encouraged new token creators to create meme coins on its platform by giving away 6ETH liquidity support to every new memecoin launched on the platform.
Pump.fun is undoubtedly the most successful platform in the meme space thus far. It not open create a new era of meme creation, but it also cemented itself into the folklore as the top platform for issuing memecoins.
As of November 26, pump.fun had total revenue of more than 1.38 million $SOL (about $360 million), sweeping the total revenue of more than 24 protocols, and has sold more than $160 million worth of $SOL in the past few months.
However, the meme market of the Solana ecosystem has fallen into a state of extreme involution and endless PvP - whoever is the first to issue coins has a greater chance to attract liquidity, And the earlier buyers get in, the more likely they are to make a profit.
This high turnover rate has made the market short-sighted. Everyone’s goal is focused on being the first wave during the issuance period, and few are interested in hodling. This has made deriving any sort of long-term value in memecoins to a minimum.
In contrast, turning our attention to the Ethereum ecosystem, Jump.fun looks to support innovative features for the trading period after meme's release; combined with Fomo3D gameplay, it abandons the tedious review process of meme deployment and transaction, and allows users to quickly launch meme projects through one-click deployment. Both developers and ordinary users can "fair PvP", and respond quickly to market trends to seize hot opportunities according to their discretion;
On the other hand, Jump.fun has created a smart contract where 100% of all meme coin launches would inject 100% of their initial liquidity Uniswap, eliminating any foul play. The donation mechanism (50% donation of ETH to $JUMP) allows for the support of a 6 ETH initial liquidity.
This not only lowers the threshold for issuing new tokens but also ensures that every project starts at the same starting line when it is launched. Users can also buy into new tokens without fear of any honeypot or foul play.
To expand on the liquidity loan, each newly issued token is eligible for a 6 ETH liquidity loan to provide initial liquidity on Uniswap.
Users on the platform can also participate in donating or supporting their favourite meme project through a countdown incentive and reward distribution mechanism, fostering a stronger bond within any community.
This not only ensures the fairness and transparency of a meme project but also encourages the wider community to participate in the construction of liquidity, which gives the possibility of long-term sustainable development.
In terms of functionality, Jump.fun can be divided into three modules: meme one-click deployment (Liquidity War mode), donation activities (Fomo3D gameplay,) and creating/joining community teams.
As mentioned above, there is a serious PvP phenomenon in the memecoin track at present. Whoever issues coins first is more likely to gather funds, and the earlier the buyer enters, the easier it is to make profits.
Therefore, the one-click deployment and launching of meme is also the standard for jump.fun to achieve "fair PvP" - any user can quickly complete the creation and release of meme by filling in the basic token information (such as token name, token symbol, simple description, participation in Liquidity War mode, initial purchase.
At the same time, users can also freely choose whether to participate in the Liquidity War model (coming soon), which provides a new "20/80" market game mechanism for different meme tokens through batch liquidity competition:
●Each meme token participating in the Liq War tag will automatically enter the liquidity competition mode at 0:00 UTC every day; in this mode, the system will divide the 10 meme tokens with the closest liquidity into a group, and each group will enter the 24-hour competition phase.
In addition, meme tokens that fail to win for five consecutive times in the Liquidity War will automatically and permanently withdraw from the competition and be labeled as "CTO", and all remaining liquidity will be destroyed. Of course, these "failed" meme tokens will not exclude some unique market attraction due to their unique "history". It may become an alternative investment target for some users.
Donations are at the heart of jump.fun's entire meme issuance and trading mechanism, linked directly to the liquidity pool of newly issued meme tokens - divided into 20 phases, the first aiming to raise 460 ETH, and from the second phase, The amount of ETH raised in each phase will increase by 1% compared to the previous phase, so that the theoretical total hard top amount is 10,128.74 ETH.
At present, the donation campaign is in the second stage, and the plan is to raise 460×1.01=464.6 ETH, and the cumulative maximum amount is 460+464.6=924.6 ETH。
At the same time, the donation campaign is directly linked to the JUMP token offering of Jump.Fun: The ETH donated by users will be exchanged with JUMP in a fixed proportion (minimum donation amount is 0.1 ETH), of which 40 million will be allocated at each stage. A total of 800 million JUMP tokens, or 80% of the theoretical total of 1 billion, will be issued in the 20 stages for a Fair Launch.
This also means that the donation is essentially participating in all launches on jump.fun. As the donation phase continues, the amount of JUMP received per donation of the same amount of ETH will gradually decrease, thus incentivizing more users to participate early on.
At the same time, jump.fun also sets aside 7% of the donated funds into the Fomo3D prize pool and sets a 96-hour countdown at the start of the donation campaign. Each time a new donation is added, the countdown will be extended by 30 seconds, which can be extended to a maximum of 96 hours.
At the end of the countdown, the final five donors will share the Fomo3D prize pool, creating a sense of urgency and participation similar to Fomo3D, and with the end of the countdown, any remaining tokens will be destroyed directly, ensuring fairness and transparency of the donation.
As mentioned above, jump.fun has also set up a unique "Uni-swap Liquidity loan of 6 ETH" (soon to be launched) based on the donated ETH: it can be accessed regardless of whether or not you participate in the Liquidity War mode. Jump.fun Vault receives an initial liquidity loan of 6 ETH, and upon token release, the borrowed 6 ETH liquidity and 100% of the token supply will automatically be added to Uni-swap V2 as initial liquidity.
This process is automated by smart contracts so that when the token is listed, it ensures sufficient Liquidity to help the project get off the ground quickly and attract users to trade, and the repayment mechanism is differentiated according to whether or not it participates in the Liquidity War:
This mechanism ensures that even newly launched meme tokens can quickly receive initial liquidity support and can increase their market liquidity through the Liq-war model, driving the price up while ensuring a healthy launch and transparency of the token.
Last month, Pump.fun revealed that it was thinking about building a social platform, saying that it wanted to combine social elements with high spending and active users on the platform to create a more interesting product, and that it planned to make social elements the focus of the next phase of functionality.
In this regard, jump.fun has directly embedded social elements into its platform design, driving a deep integration of social interaction and platform functionality by allowing users to create or join communities: Users can choose to create their own community or join an existing one, thus generating a unique recommendation code and listing it on jump.fun's community board to attract new members to join.
At the same time, when a community member makes a donation, the donor, the community creator, and the recommender receive the donation funds, respectively. In this way, it not only rewards direct donations but also inspires community building and referral activities.
In addition, 50% of the Jump.Fun agreement revenue is also allocated to the community rewards (in the form of JUMP); the specific allocation is 25% to the trader, 15% to the referrer, and 10% to the community creator; all of the rewards are traceable, and even before the user joins the community, these rewards continue to accumulate. Ensure that each community is fairly rewarded for its contributions.
From this perspective, the community mechanism of jump.fun not only motivates users to participate in jump.fun, but also maximizes the needs of community creators and ordinary community users, providing a mutually beneficial reward mechanism - community creators can continuously increase revenue through community exposure, reward distribution, and reward distribution. Users who join the community not only receive a 1% rebate on their donations but also continue to earn additional revenue by referring new members.
At present, jump.fun has opened the community module and is in the donation stage; and will officially open the one-click deployment and issuance function of meme tokens on November 26 after the donation campaign comes to an end.
From this perspective, the core of jump.fun is the combination of Fomo3D's donation gameplay, which is not only a means to raise liquidity early, but also a narrative framework for unconditional access to the initial liquidity of meme, especially through the introduction of the community module. This donation-based competition model further enhances the user's sense of participation and belonging, and provides a strong user base and public opinion support for the marketing and brand-building of subsequent memes.
It also has the potential to redefine how the Ethereum meme is issued and operated, injecting more community-led vitality and innovation into this highly speculative market - how to promote the fairness and sustainable development of the meme market through DeFi+ community economy.
First of all, one-click meme issuance establishes a fair market competition environment, avoids the ecological internal friction caused by reservation operation and speculation in the traditional meme market, and gives more users the opportunity to participate in the construction of meme market.
Secondly, the Uni swap Liquidity loan and Liquidity War of 6 ETH further realize the market positioning of fair PvP, deeply bind funds and community participation through competitive liquidity allocation incentive mechanism, users not only enjoy new investment opportunities, but also enhance the transparency and sustainability of the entire ecology.
The Ethereum meme market has been a hot segment for a long time, and the market has a strong demand for interesting narrative and community-oriented gameplay. If jump.fun can lower the technical barriers to meme issuance through instrumentalization and community-oriented methods, then with the launch of one-click publishing and the opening of community team module, the market will be able to improve its performance. It is expected to attract users of the pan-Ethereum ecosystem to join and build a prosperous Ethereum meme ecosystem.
In addition, the economic model design of the Jump.fun protocol also pays more attention to the value return to jump holders, and it plans to use 100% of the JUMP tokens to buy back JUMP tokens. This direct value distribution mechanism not only strengthens the economic benefits of the project tokens, but also brings higher long-term income expectations to the holders. Encourage long-term ownership and participation of users.
With the continuous growth of users and the expansion of the community ecology, the potential user coverage of jump.fun and its market impact force does have the possibility of developing into a phenomenon project in the Ethereum meme market.
pump.fun is a good business, but as of now, the Ethereum ecosystem still lacks a truly barrier-lowering, instrumentalized, and community-oriented platform for publishing and trading meme projects, and jump.fun fills that void.
Whether it is the Fomo3D type donation campaign, the Fair and transparent issuance mechanism, the 6 ETH Uni-swap loan, or the Liquidity-war model, it lays the financial and community foundation for the opening of the future features of jump.fun.
We can also see that jump.fun doesn’t want to position its product only as a meme distribution platform on Ethereum, but as a huge Meme-based mobility ecosystem, which is worth looking forward to in the future.
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $600. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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BSCN
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