Mining.fun
Last updated
Last updated
Pump.fun is a Solana-based platform that facilitates fair launches of meme coins, based on a unique bonding curve pricing model. It is one of the easiest ways to release tokens as you don’t have to provide the liquidity for your token.
As it was built for quick token launches, most launches here are now rugs or quick pump-and-dump schemes, creating a hyper-gambling casino environment, which can be seen as a net negative expected value (-EV) for the Web3 space.
SOLO offers transaction mining curve launches which allows for a new equitable and transparent system for launching utility tokens and memecoins. This offers a more sustainable and transparent model for token distribution compared to platforms like Pump.fun, which often cater to speculative and short-term gains through pump-and-dump schemes.
Equitable Distribution
Tokens are shared based on real participation and contributions to the network. This means those who join in project launches receive rewards. By distributing tokens fairly, we avoid problems like speculative presales or private sales, where insiders might get early access and manipulate token prices.
Sustainability
Promoting sustainable participation by creating mining curve launches that reward long-term commitment and network engagement. Projects that prioritize fairness and sustainability can build strong communities and grow naturally, leading to healthier ecosystems.
The transparent nature of mining curve launches ensures that tokenomics are clear from the start. There are no hidden incentives or insider advantages; everyone knows how rewards will be distributed, reducing the risk of manipulation.
By incentivizing projects to focus on sustainability and fairness, the SoloChain naturally attracts builders and participants who are invested in long-term success. These projects are more likely to develop strong communities and meaningful ecosystems around them.
The SoloChain promotes an approach where "hard work = rewards," aligning incentives between participants and the success of the project. In contrast, Pump.fun and similar speculative platforms drive a Net Negative EV for the Web3 space by fostering a culture of quick profit, often leaving participants with losses and tarnishing the reputation of decentralized launches.
The mining curve model of SOLO is designed to mitigate these issues by creating transparent, equitable, and sustainable token launches that prioritize the health of the project and its community, rather than facilitating only short-term profiteering schemes.
