Innovation and Self-Cleaning: An Exploration of the Meme Coin Ecosystem on the Launch Platform

Since the launch of the platform, although there have been some projects with varying quality, cases of publicly issued pure meme coins are relatively rare, and even when they do appear, they are mostly low-quality products.

Recently, this pattern has been broken - the well-known AI Agent Vader, which has long-term cooperation with the platform, has directly launched its created meme coin VIRGEN on the platform.

The uniqueness of this meme coin lies in the fact that it is a well-known team publicly issuing a clear meme token. Although positioned as a meme coin, its issuance mechanism demonstrates a friendly attitude towards the community: in addition to the presale portion and liquidity reserve, a considerable proportion has been allocated for airdrops to platform ecosystem stakers and specific classic meme coin holders.

Another notable feature of this token is that there is no lock-up period, meaning that after a successful launch, participants can freely trade and profit at the first moment it goes online — this is exactly the operation model that many investors have been looking forward to.

This mechanism has sparked speculation in the market about the possibility of a token plummeting immediately after its launch. However, despite various concerns, a large number of users still participated and ensured the successful completion of the sale.

To the market's surprise, after the token went live, there was not the expected crash; instead, it continued to appreciate in value. The team not only fulfilled their promise of an airdrop for the presale, but also provided additional airdrops for users who participated in the presale and did not sell immediately, and continued to use the profits to buy back the tokens on the market.

This series of operations has quickly established a unique image for the token, making it the undisputed first successful meme coin in the platform ecosystem.

Subsequently, a new meme coin called NOTHING appeared in the ecosystem. This project is not just a simple meme token; its team has given it a clear purpose: to "permanently" lock the tokens, allowing stakers to continuously earn participation points released by the platform.

NOTHING was successfully issued and conducted two additional airdrops, performing beyond market expectations.

The reason these two meme coins can stand out in the current environment flooded with memes is, on one hand, because they have adopted some generous mechanism designs; on the other hand, it is due to the actions of the team behind them, which are fundamentally different from most purely profit-oriented meme coin projects.

However, such a successful model is difficult to replicate, and there are not many teams that operate with such dedication.

Therefore, I started to think: as a permissionless open launch platform, anyone can launch projects on it. These two successful cases will inevitably attract a variety of mixed followers, which may damage the entire ecological environment and lead to the situation of "a single mouse droppings spoils a pot of porridge."

If this situation continues to develop, will the platform become another speculative platform? If so, it may struggle to sustain long-term growth.

A simple way to change this situation is for the platform team to directly intervene and adjust the rules, limiting low-quality projects through additional constraint mechanisms. However, if not handled properly, this approach can easily lead to overregulation, ultimately stifling the platform's vitality.

The ideal solution is still to maintain the permissionless nature of project issuance while allowing market mechanisms to naturally eliminate subpar projects. If the platform can establish such a healthy market mechanism, it can create a unique cultural atmosphere, and this ecological self-purification ability will become a strong competitive barrier.

The key to forming this mechanism lies in attracting high-quality participants who can resist low-quality projects through voluntary actions.

Therefore, I closely monitor the dynamics of subsequent projects. As expected, several uninspired pure meme coins were successively issued on the platform. Although the first one completed its sale, the price quickly collapsed after it went live. The following projects were directly marginalized by the market.

Seeing this market self-purification phenomenon, I feel a bit relieved.

I hope this healthy atmosphere and mechanism can continue to help the platform form an ecosystem that is completely different from a purely speculative platform.