As a seasoned crypto investor with battle scars and war stories from the wild west of DeFi, I have seen my fair share of memecoins come and go like trends on TikTok. The latest buzz in town is Hard.fun versus Pump.fun, and let me tell you, it’s a game-changer for those who want to get their toes wet in the world of AI-powered memecoin launchpads.
Pump.fun has broken records and become a benchmark in the field of memecoin development, yet the competition continues to be intense. On the other hand, Hard.fun is rapidly gaining recognition as a dominant player in the decentralized market for creating and trading meme coins.
On the Kava blockchain, and overseen by HARD token holders, this AI-enhanced, user-centric memecoin launchpad allows users to transform their concepts into reality. The community is a vital aspect of the platform’s growth, contributing to profit sharing and having a say in deciding key features through voting processes.
Hard.fun Versus Pump.fun
Pump.fun operates on the Solana network, known for spawning numerous popular meme coins, some of which have raised eyebrows. Additionally, it’s been swamped with crypto bots. Unfortunately, compared to Hard.fun, Pump.fun is missing several attractive features like AI-driven token generation, decentralized management, interoperability across multiple chains, and a community-managed revenue system.
At the peak of its operation, Pump.fun was issuing approximately 13,450 tokens daily, an astounding figure to say the least. Regrettably or not, a staggering 98% of these tokens failed to complete their bonding curve procedure and ended up on Raydium. Interestingly enough, an identical percentage of meme coins lasted less than three months. As per Chainplay’s data, approximately 10,417 tokens are launched every day, with a shocking 9,912 disappearing shortly after that. The average lifespan of a token on Pump.fun is just 12 days, and an alarming 15% vanish within the first day.
In comparison to Pump.fun, Hard.fun excels in universally accessibility due to its focus on a specific niche audience. As a beginner within the memecoin launchpad sector, Hard.fun proves especially valuable for HARD and KAVA token holders, experienced traders, and businesses alike.
On this versatile platform, businesses specializing in DeFi and blockchain can connect with the rapidly growing memecoin market using cross-chain compatibility. This unique aspect allows users on Solana, Tron, and Binance Smart Chain to effortlessly access the platform straight from their native chains, eliminating the need for network switches.
By collaborating with Kava’s network of partners, businesses can leverage a smooth and efficient launchpad, thereby boosting transaction activity, fostering user involvement, and broadening cross-blockchain interactions.
As a HARD token holder, I get to reap the benefits from our community-run launchpad’s earnings, making it a far more lucrative option compared to centralized launchpads where the profits go straight to developers. A chunk of these protocol fees is deposited into a communal wallet, empowering us, the members, to have a say in matters such as service fees, migration costs, trading fees, reward distributions, and other decisions.
In simpler terms, holders of HARD tokens have the ability to determine the cost at which new tokens can be introduced or existing ones moved, when these tokens reach a certain threshold on the bonding curve. This fee, which the community votes upon, is applied to trades and transactions, thereby maintaining a balance between fairness in trading and ensuring sufficient liquidity. Additionally, it’s the community that decides on the amount of liquidity needed on the bonding curve to migrate a token.
How Does Hard.fun Work?
Community-memecoin launchpad users can link their digital wallets to set up a personalized profile using a distinct username. This profile serves as a connection point for the tokens they acquire or initiate, with the ability to launch tokens swiftly taking only a few seconds.
In simpler terms, the bonding curve determines the token’s price based on its current supply. This curve shows how the value changes as more tokens enter the market. The curve is derived from the formula x*y = k and has been commonly used in the launch of meme coins and Automated Market Making (AMM).
Its simplicity helps create engaging and accessible entry points for users, making it a popular choice for memecoin launches on hard.fun. Specifically, the total supply is 1,000,000,000 tokens; 80% are allocated for sale, and 20% for liquidity on the listing. As collateral, 8,875 virtual KAVA units initiate the curve and set the starting price. The liquidity target comes to 35,000 KAVA after subtracting the virtual collateral to be burned and the platform listing fee.
Reasons Hard.fun wins as a meme coin launchpad
As a crypto investor, I find Hard.fun to be a dynamic, decentralized platform that puts power in the hands of its users. It returns governance and rewards back to the community, allowing HARD token holders like me to have a say in significant decisions such as liquidity requirements, deployment, trading fees, and migration plans. These votes directly impact the operations and future trajectory of this platform.
The launchpad uses KavaAI, an AI-powered chatbot, to simplify the token creation process. Users can launch meme coins without advanced coding skills, making the platform accessible to a broader audience.
Instead of Pump.fun, there’s Hard.fun – a centralized meme coin launchpad on the Solana blockchain. It offers users an accessible way to create and distribute tokens. However, it falls short in areas such as decentralized governance, community-led reward distribution, AI integration for seamless token deployment, and cross-chain compatibility. In contrast, Hard.fun presents a more community-driven and multifunctional platform for meme coin launches compared to Pump.fun.
Hard.fun is similar to developing AI-driven meme coins. Unlike pump.fun, which is managed by developers and centralized, d.fun gives HARD token owners control over revenue decisions, management of the platform, and influence on the project’s future direction.
In the early stages, it’s anticipated that this decentralized launch platform will experience an increase in both user activity and trading volume, as well as strong engagement within its community – particularly among new HARD token holders who are moving over from Tron, Solana, and BSC networks. To foster adoption among users on other blockchains, the platform has scheduled airdrops as incentives.
Read More
- Crypto ETPs hit $44.5b in YTD inflows amid Bitcoin surge
- AI16Z PREDICTION. AI16Z cryptocurrency
- A Palace x Nike Air Max DN8 Collab Is Rumored for 2025
- Amy Adams’ Nightbitch Has A Scene That Was So Disgusting, Crew Members Had To Leave The Room While They Filmed It
- Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund
- Li Haslett Chen to Leave Warner Bros. Discovery Board
- The Best Fashion Audiobooks on Audible for Aspiring Stylists, Hypebeasts and Everyone In Between
- When Dharmendra said Sunny Deol and Bobby Deol didn’t have affairs with heroines and were ‘innocent’, recalls Gadar 2 director Anil Sharma
- Smino and Samara Cyn To Hit the Road on ‘Kountry Kousins’ Tour
- Felicity Jones Has a Fresh (and Minimalist) Take on Method Dressing Trend at ‘The Brutalist’ Premiere
2024-12-20 14:29