CrazyMeme Launches Innovative Meme coin Distribution Model with Dutch Auction-Style Release

New York, United States, October eighth, 2024, Chainwire
CrazyMeme has unveiled a novel linear launch mechanism for its meme tokens, geared toward offering a extra balanced and equitable token distribution course of. The mechanism resembles a Dutch public sale, designed to mitigate the benefits generally afforded to early insiders in token launches.
Based on CrazyMeme, conventional meme coin launches typically enable a number of insiders to accumulate tokens at low costs earlier than most of the people has entry. This technique, nevertheless, restricts broader participation, skewing the token distribution. CrazyMeme addresses this subject by implementing a timed public sale course of that steadily releases tokens at a set price over time, serving to to make sure that extra people have an equal alternative to take part.
Key Options of the Meme Coin Launch
The CRAZY token launch mechanism consists of the next components, which align with the platform’s dedication to equity and transparency:
- No Pre-sale or Crew Allocation: All tokens are made obtainable to the general public with no allocation for pre-sales or inside group distributions.
- Renounced Possession: CrazyMeme has renounced possession of the token contract, making certain no single entity has management over token parameters post-launch.
- No Freeze or Mint Authority: Tokens can’t be frozen or minted additional, stopping any future manipulation of the token provide.
- Everlasting Liquidity Lock: The liquidity pool on CrazySwap is completely locked, eradicating the power of the deployer or any entity to withdraw liquidity.
How the CRAZY Token Distribution Works
The meme coin launch course of is designed to be clear and accessible. Key steps embrace:
- Meme Token Creation: For a charge of 1 SOL, customers can create a Meme Token, receiving 500,000 tokens (0.05% of the full provide).
- Liquidity Addition: The charge is utilized so as to add liquidity to CrazySwap, with an equal variety of tokens added. As soon as added, this liquidity is completely locked.
- Token Public sale: A complete of 999 million tokens (99.9% of the availability) are launched linearly into the liquidity pool per block throughout a particular public sale interval (starting from one hour to as much as one 12 months). The token value will lower linearly if there isn’t a buying exercise through the public sale.
- Buying and selling on CrazySwap: Meme cash may be traded on CrazySwap, utilizing a regular AMM buying and selling mannequin.
- Buying and selling Payment Allocation: A 2% charge applies to all trades. Half of this charge helps the creator, whereas the remaining 50% funds the protocol.
CRAZY Token Airdrop Allocation
CrazyMeme has launched a complete airdrop marketing campaign to encourage neighborhood participation and token distribution. The CRAZY token, with a complete provide of 100 billion, shall be allotted as follows:
- 45% (45B) – Twitter Airdrop: Distributed based mostly on customers’ Twitter engagement and scores.
- 40% (40B) – Handle Airdrop: Eligible addresses holding a minimal stability of $500 (as of the snapshot taken on October 1, 2024) will obtain 10,000 CRAZY tokens.
- 5% (5B) – Creation & Buying and selling Airdrop: Customers can earn CRAZY tokens based mostly on their buying and selling exercise and participation in token creation.
- 10% (10B) – Reserved for itemizing and liquidity provision.
Moreover, an Invitation Airdrop affords customers a ten% referral reward based mostly on the full airdrop quantity earned by invited contributors.
CRAZY Token Utility
Holders of CRAZY tokens can take pleasure in buying and selling charge reductions on the platform, with reductions starting from 20% to 50%, relying on the quantity of CRAZY held.
For extra data on CrazyMeme’s token launch mechanism, together with contract particulars, go to the official CrazyMeme website and social media channels.
About CrazyMeme
CrazyMeme is a decentralized platform designed to innovate and promote equity on the planet of meme tokens. With a deal with transparency and equitable token distribution, CrazyMeme leverages cutting-edge know-how, together with Dutch auction-style mechanisms and completely locked liquidity swimming pools, to forestall insider benefits and guarantee broader participation. CrazyMeme is dedicated to offering a safe, accessible, and community-driven ecosystem for meme token fans worldwide.
For extra data, customers can go to crazy.meme.
Official Hyperlinks
CrazMeme Contract | CRAZY Token address | Invitation Contract
Contact
assist
[email protected]