Forwarding the original title “Hotcoin Research | The War of One-Click Issuing Coin Platforms Begins: The Shuffle of Meme Launchpad Starts, Industry Status and Speculations on the Final Outcome”
Pump.fun has ignited an unprecedented wave of Meme coin issuance, allowing users to deploy tokens and start trading with a single click without technical skills, triggering a new “coin minting craze.” As a pioneer, Pump.fun has almost monopolized the Meme Launchpad market. Other blockchain networks have also launched their own Meme launchpads, with Tron network’s SunPump experiencing rapid growth under the strong promotion and support of founder Justin Sun; Four.meme has become the Meme launchpad officially supported by Binance, driving the prosperity of Meme on the BNB chain.
Due to the Pump.fun team’s continuous selling of the earned SOL, it has become the second largest source of selling pressure in the Solana ecosystem after FTX/Alameda. Raydium once derived about 41% of its Swap fee income from the liquidity brought by Pump.fun, but with the launch of PumpSwap by Pump.fun, Raydium’s revenue has significantly decreased. In response, Raydium launched LaunchLab to start direct competition with Pump.fun. Additionally, the on-chain aggregator Jupiter is also trying to launch a similar one-click issue coin service, and the established DEX tool DexScreener’s Moonshot has attracted some players, but the overall effect has not been good. Pump.fun still maintains an absolute advantage in terms of Meme issuance quantity and user transaction volume. However, recently, with renowned NFT collector Dingaling launching Boop.fun, the BONK community launching the LetsBonk.fun launchpad based on LaunchLab, and Believe rebranding its return, the one-click issue coin platform race has entered a competitive phase with multiple contenders. Pump.fun is no longer the only option, and a reshuffling battle around “issue coin rights” has begun.
However, behind the rapid development of one-click issue coin platforms, there are various problems and challenges such as token proliferation, KOL manipulation, frequent Rug Pulls, and regulatory gray areas. How will the war over the “issue coin rights” develop? What direction will the future of the industry take? This article will delve into the current landscape and future trends of the one-click issue coin platform industry, revealing the true logic behind the Meme Launchpad war.
The reason why the one-click issue coin platform can attract a large number of users in a short period is that it significantly simplifies the technical process of token issuance. Its operating model can be summarized as: no-code contract deployment + instant liquidity trading, making “anyone can issue coin” possible.
In addition to the basic functions mentioned above, different platforms have also designed various unique incentive mechanisms such as Gas subsidies and reward/profit-sharing mechanisms to attract users and creators.
Through the aforementioned profit-sharing mechanism, the Meme Launchpad has transformed the early “platform wins, users lose” zero-sum structure into a win-win situation for multiple parties, enhancing user stickiness and creator retention.
Meme Launchpad is a one-click issue coin platform, also known as MemePad, which has essential differences from traditional token Launchpads.
In summary, traditional Launchpads resemble a “investment bank + exchange” role, selecting a small number of projects for IPO-style issuance; whereas MemePad is an endless creative testing ground or casino, with a multitude of tokens flourishing simultaneously, featuring both hits and scams.
Source:https://dune.com/adam_tehc/memecoin-wars
Source:https://dune.com/adam_tehc/memecoin-wars
According to data from the Dune platform, the market share changes of daily newly issued tokens on the Solana chain show that Pump.fun has long held nearly 100% of the share. Moonshot and SunPump experienced a brief boom in 2024 but gradually fell into silence. After April 2025, competitors quickly emerged, and on May 12, the daily issuance proportion of Pump.fun dropped to about 57%, the lowest. According to the latest data from May 21, Pump.fun’s daily issuance proportion is still as high as 80%, while LetsBonk, Believe, LaunchLab, and Boop occupy the remaining approximately 20% of the market share, presenting a pattern of one strong player with many strong competitors, flourishing in diversity.
With the rise in popularity of the Meme and AI Agent concepts, various one-click issue coin platforms have emerged, creating a situation where one is dominant and many are strong. Currently, there are several major players in the one-click issue coin field, including: Pump.fun, Raydium LaunchLab, LetsBonk.fun, Believe, Boop.fun.
As a pioneering platform, Pump.fun has created a paradigm of one-click issue coin + binding curve, attracting a massive user base with Solana’s low transaction fees. Its main features include zero threshold and no review, allowing anyone to instantly issue coin and trade. Pump.fun uses an internal “internal market” and “external market” two-phase model: new coins first trade in the AMM pool within the platform, and once the market cap reaches about $69,000, they graduate to external DEX, initially using Raydium, later switching to its own PumpSwap. The platform charges a 2% transaction fee. To prevent exit scams, Pump.fun ensures liquidity safety through LP locking and burning mechanisms.
Pump.fun dominated the market in 2024, contributing over 98% of the daily issued coin share. On the peak day of October 24, 2024, the number of coins created in a single day exceeded 36,000, with an average of 25 new coins born every minute. Such an exaggerated “production rate” of coins led to Solana being jokingly referred to as the largest “casino” on-chain. However, beneath the surface of Pump.fun’s success lies a heavy concern: the majority of the projects that surged are of questionable quality, with a graduation rate of less than 1%. The vast majority of coins are fleeting and quickly go to zero. The phenomenon of the platform making money while users lose money is particularly prominent.
LaunchLab is a one-click issue coin platform launched by the well-established Solana DEX Raydium in March 2025. Raydium previously derived about 41% of its Swap fee revenue from the liquidity brought in by Pump.fun. With the introduction of PumpSwap, Raydium’s earnings significantly decreased. Therefore, the launch of LaunchLab is seen as Raydium’s counterattack. The overall model of LaunchLab is highly similar to Pump.fun, also featuring one-click issue coin on the DApp page + curve pricing + AMM trading, but with targeted optimizations in some details.
The advantage of LaunchLab lies in its reliance on the Raydium brand and the depth of its liquidity pool, successfully attracting a number of projects to switch to its platform, thus weakening the dominance of Pump.fun. According to on-chain data, LaunchLab’s daily active users are growing rapidly, and there are currently 14 coin issuance platforms based on LaunchLab, accounting for about 10% of the daily token issuance volume on the Solana network.
Source:https://raydium.io/launchpad/
LetsBonk.fun is a one-click issue coin platform built on the technical framework of Raydium LaunchLab by the popular meme coin BONK community on Solana, specifically serving the issue coin needs of the BONK community and its derivative creations. The issue coin process and rules for users on LetsBonk.fun are similar to those of LaunchLab, such as the default graduation of 85 SOL and a 1% fee, but the entry interface and community orientation are more in line with the Bonk style.
LetsBonk.fun made a significant impact when it was launched, successfully capturing about 17-20% of the daily issuance share at one point, and even surpassing Pump.fun in certain periods to become the platform with the highest number of daily graduated tokens. This is seen as a victory of community power against giants: Bonk, as a Meme coin that spontaneously rose from the Solana community, built its own Launchpad leveraging its appeal, thereby forming a “wolf pack strategy” to attack Pump.fun.
The popularity of LetsBonk.fun shows the value of well-known Meme coin IP in platform competition, bringing its own traffic and user base, ensuring that the platform starts with attention. However, its sustainability remains to be seen; for now, it seems more like a part of the auxiliary LaunchLab strategy.
The founder of Believe is Australian young entrepreneur Ben Pasternak. The platform was originally a social token application called Clout. Clout fell silent due to over-reliance on celebrity endorsements, but Ben made a comeback at the end of April 2025 with an upgraded version of Believe, changing the slogan from “Believe in Someone” to “Believe in Something,” no longer promoting celebrities, but instead looking for meaningful creative projects.
In terms of issuance method, Believe adopts an innovative interaction by using social platforms as the entry point for issuing coins. Users do not need to log in to any DApp, just give their account on the X platform.@launchcoinPost on Twitter with the desired token name, and the Believe system will automatically detect the instruction, invoking the on-chain contract to create the token using the Meteora platform’s joint curve model.
Source:https://x.com/launchcoin/
Believe has also introduced a “B-point” mechanism similar to crowdfunding: after each token is issued, the total accumulated transaction fees will be counted, and if it reaches a certain threshold (B-point) set by the platform, the token founder can withdraw these funds to fulfill their project Roadmap; if the target is not met, it is regarded as market disapproval, and the funds remain in the pool or belong to the platform. This logic is similar to Kickstarter’s all-or-nothing crowdfunding, but the B-point is not a fixed value, rather it is dynamically determined based on the project’s situation, with the core idea being “trading enthusiasm is market voting.” In terms of revenue distribution, half of the 2% tax on each transaction is returned to the creators (1%) and Scouts (0.1%). This way, founders and early evangelists who help spread the project can also share profits, encouraging community participation in discovering quality content. According to statistics, since its launch, the Believe platform has recorded a total transaction amount of $1.8 billion, bringing approximately $9.5 million in direct income to various token creators.
The Believe platform has faced some controversies. The token LaunchCoin, issued by founder Ben himself, skyrocketed 200 times on the day it was launched. Subsequently, Ben sold off most of his LaunchCoin in batches, making a profit of about $1.3 million, which raised community questions about whether the “founder exploited trust for arbitrage.” Additionally, in the early stages of Believe’s issuance, in order to prevent selling pressure, a high slippage tax was set on token transactions, resulting in blockchain bots taking advantage of this high tax period to acquire tokens at low prices, and then massively selling them off after the tax rate decreased over time, causing many token prices to crash rapidly after reaching market valuations of tens of millions. Some in the community joked, “The founder, Scout, and the platform are all fine, but the retail investors who took over are really hurt.”
Boop.fun is an issue coin platform on the Solana chain launched by well-known NFT collector Dingaling, featuring a strong personal brand color. Its model is similar to Pump.fun, also utilizing a bonding curve + Raydium LP scheme, but adds some proprietary token economics: for instance, each new coin issued through Boop.fun will deduct a “developer tax” of 5% to distribute to holders of the Boop native token, reflecting the platform’s intention to create a value-returning ecosystem for its own tokens.
Due to the influence of Dingaling in the community, Boop.fun attracted a group of loyal fans after its launch, but its overall scale is relatively smaller compared to the aforementioned platforms. Currently, its daily issuance accounts for about 1-2%, with a graduation rate slightly higher than Pump.fun.
Source:https://dune.com/adam_tehc/memecoin-wars
The differentiation of Boop.fun lies in its small but beautifully managed community operation. Dingaling backs the platform with personal credibility, bringing users together through the $BOOP token. However, this also means its scalability is limited, playing more of a role in niche markets.
The one-click issue coin platform makes “fast coin creation” a reality, but also amplifies the speculation and fraud risks in the crypto market. The extremely low threshold is an invisible hand: it invigorates the market while allowing bubbles to grow unchecked.
Looking to the future, can the one-click issue coin platform sustain its development in this track, and where will the next phase lead? We can think from three aspects: market, technology, and narrative:
After nearly a year of crazy growth, the Meme issue coin craze has clearly cooled down, and the “get rich quick effect” is difficult to replicate on a large scale. After the wave of淘沙, the one-click issue coin platforms may settle down to a few that operate steadily, continuously providing services for new projects. From the perspective of revenue models, the early Pump.fun’s “harvesting” profit model is not sustainable, and now new platforms are exploring healthier win-win models. For example, guiding creators to improve project quality, supporting promising projects, and eliminating purely scam Tokens.
The one-click issue coin platform is essentially a combination application of issuing + liquidity on the blockchain, and its future evolution may have several directions:
These technological improvements represent a vision: in the future, Launchpad will not just be a speculative tool, but an incubator for Web3 innovation. If the narrative can successfully transform and win the trust of mainstream developers and entrepreneurs, then the one-click issue coin platform will undergo a qualitative change.
A developer or creative person has a new Web3 project idea. In the past, they might have needed to write a white paper, seek investment, and assemble a team to create an MVP. Now, they can directly issue a token on the issue coin platform, package their idea into a story, and test community interest through market trading. If the token receives a positive response, they can obtain initial funding to hire a team and develop the product; the community will also become early users and promoters of the project by holding the token. This is almost a new paradigm that disrupts the traditional startup financing model: no VC, no crowdfunding sites, and instead, good ideas are discovered and funded directly by the open market. This will attract more serious entrepreneurs to try this approach, and the issue coin platform will not just be a “token issuance tool,” but will upgrade to become the “project cold start infrastructure,” becoming a part of the Web3 entrepreneurial ecosystem.
If a one-click issue coin platform wants to have a long-term future, it must find a balance between complete disorder and excessive regulation. Possible directions include: community self-discipline + protocol governance, meaning the platform introduces a set of community guidelines and a DAO governance mechanism to vote to delist or mark warnings on obviously fraudulent or illegal projects; introducing optional KYC/real-name channels, allowing willing founders to prove their identity for higher trust, while also complying with bottom-line requirements such as anti-money laundering monitoring. In addition, strengthening security audits and real-time monitoring of abnormal transactions can also reduce the frequency of malicious incidents.
Conclusion: The one-click issue coin platform has evolved from the dominance of Pump.fun to a current landscape of one strong player and many strong contenders, showcasing the astonishing power of “decentralized creativity” in the crypto world. It has decentralized the power of financial experimentation to the public, giving countless imaginative ideas the opportunity to shine on the chain through tokenization. The future winners may not necessarily be the platforms with the lowest fees, but those that can build content flywheels, community consensus, and platform trust mechanisms, growing into fertile ground for innovation. When every good idea can be freely experimented with in the form of tokens, perhaps that is the kind of future full of infinite possibilities that Web3 strives for.
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global cryptocurrency investors. We have built a “trend judgment + value excavation + real-time tracking” service system. Through in-depth analysis of cryptocurrency industry trends, multidimensional evaluation of potential projects, and around-the-clock market volatility monitoring, combined with the weekly updates of the “Hotcoin Selection” strategy live broadcast and the daily news delivery of “Blockchain Today Headlines,” we provide precise market interpretations and practical strategies for investors at different levels. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower novice investors to establish cognitive frameworks and assist professional institutions in capturing alpha returns, jointly seizing the value growth opportunities of the Web3 era.
Share
Content
Forwarding the original title “Hotcoin Research | The War of One-Click Issuing Coin Platforms Begins: The Shuffle of Meme Launchpad Starts, Industry Status and Speculations on the Final Outcome”
Pump.fun has ignited an unprecedented wave of Meme coin issuance, allowing users to deploy tokens and start trading with a single click without technical skills, triggering a new “coin minting craze.” As a pioneer, Pump.fun has almost monopolized the Meme Launchpad market. Other blockchain networks have also launched their own Meme launchpads, with Tron network’s SunPump experiencing rapid growth under the strong promotion and support of founder Justin Sun; Four.meme has become the Meme launchpad officially supported by Binance, driving the prosperity of Meme on the BNB chain.
Due to the Pump.fun team’s continuous selling of the earned SOL, it has become the second largest source of selling pressure in the Solana ecosystem after FTX/Alameda. Raydium once derived about 41% of its Swap fee income from the liquidity brought by Pump.fun, but with the launch of PumpSwap by Pump.fun, Raydium’s revenue has significantly decreased. In response, Raydium launched LaunchLab to start direct competition with Pump.fun. Additionally, the on-chain aggregator Jupiter is also trying to launch a similar one-click issue coin service, and the established DEX tool DexScreener’s Moonshot has attracted some players, but the overall effect has not been good. Pump.fun still maintains an absolute advantage in terms of Meme issuance quantity and user transaction volume. However, recently, with renowned NFT collector Dingaling launching Boop.fun, the BONK community launching the LetsBonk.fun launchpad based on LaunchLab, and Believe rebranding its return, the one-click issue coin platform race has entered a competitive phase with multiple contenders. Pump.fun is no longer the only option, and a reshuffling battle around “issue coin rights” has begun.
However, behind the rapid development of one-click issue coin platforms, there are various problems and challenges such as token proliferation, KOL manipulation, frequent Rug Pulls, and regulatory gray areas. How will the war over the “issue coin rights” develop? What direction will the future of the industry take? This article will delve into the current landscape and future trends of the one-click issue coin platform industry, revealing the true logic behind the Meme Launchpad war.
The reason why the one-click issue coin platform can attract a large number of users in a short period is that it significantly simplifies the technical process of token issuance. Its operating model can be summarized as: no-code contract deployment + instant liquidity trading, making “anyone can issue coin” possible.
In addition to the basic functions mentioned above, different platforms have also designed various unique incentive mechanisms such as Gas subsidies and reward/profit-sharing mechanisms to attract users and creators.
Through the aforementioned profit-sharing mechanism, the Meme Launchpad has transformed the early “platform wins, users lose” zero-sum structure into a win-win situation for multiple parties, enhancing user stickiness and creator retention.
Meme Launchpad is a one-click issue coin platform, also known as MemePad, which has essential differences from traditional token Launchpads.
In summary, traditional Launchpads resemble a “investment bank + exchange” role, selecting a small number of projects for IPO-style issuance; whereas MemePad is an endless creative testing ground or casino, with a multitude of tokens flourishing simultaneously, featuring both hits and scams.
Source:https://dune.com/adam_tehc/memecoin-wars
Source:https://dune.com/adam_tehc/memecoin-wars
According to data from the Dune platform, the market share changes of daily newly issued tokens on the Solana chain show that Pump.fun has long held nearly 100% of the share. Moonshot and SunPump experienced a brief boom in 2024 but gradually fell into silence. After April 2025, competitors quickly emerged, and on May 12, the daily issuance proportion of Pump.fun dropped to about 57%, the lowest. According to the latest data from May 21, Pump.fun’s daily issuance proportion is still as high as 80%, while LetsBonk, Believe, LaunchLab, and Boop occupy the remaining approximately 20% of the market share, presenting a pattern of one strong player with many strong competitors, flourishing in diversity.
With the rise in popularity of the Meme and AI Agent concepts, various one-click issue coin platforms have emerged, creating a situation where one is dominant and many are strong. Currently, there are several major players in the one-click issue coin field, including: Pump.fun, Raydium LaunchLab, LetsBonk.fun, Believe, Boop.fun.
As a pioneering platform, Pump.fun has created a paradigm of one-click issue coin + binding curve, attracting a massive user base with Solana’s low transaction fees. Its main features include zero threshold and no review, allowing anyone to instantly issue coin and trade. Pump.fun uses an internal “internal market” and “external market” two-phase model: new coins first trade in the AMM pool within the platform, and once the market cap reaches about $69,000, they graduate to external DEX, initially using Raydium, later switching to its own PumpSwap. The platform charges a 2% transaction fee. To prevent exit scams, Pump.fun ensures liquidity safety through LP locking and burning mechanisms.
Pump.fun dominated the market in 2024, contributing over 98% of the daily issued coin share. On the peak day of October 24, 2024, the number of coins created in a single day exceeded 36,000, with an average of 25 new coins born every minute. Such an exaggerated “production rate” of coins led to Solana being jokingly referred to as the largest “casino” on-chain. However, beneath the surface of Pump.fun’s success lies a heavy concern: the majority of the projects that surged are of questionable quality, with a graduation rate of less than 1%. The vast majority of coins are fleeting and quickly go to zero. The phenomenon of the platform making money while users lose money is particularly prominent.
LaunchLab is a one-click issue coin platform launched by the well-established Solana DEX Raydium in March 2025. Raydium previously derived about 41% of its Swap fee revenue from the liquidity brought in by Pump.fun. With the introduction of PumpSwap, Raydium’s earnings significantly decreased. Therefore, the launch of LaunchLab is seen as Raydium’s counterattack. The overall model of LaunchLab is highly similar to Pump.fun, also featuring one-click issue coin on the DApp page + curve pricing + AMM trading, but with targeted optimizations in some details.
The advantage of LaunchLab lies in its reliance on the Raydium brand and the depth of its liquidity pool, successfully attracting a number of projects to switch to its platform, thus weakening the dominance of Pump.fun. According to on-chain data, LaunchLab’s daily active users are growing rapidly, and there are currently 14 coin issuance platforms based on LaunchLab, accounting for about 10% of the daily token issuance volume on the Solana network.
Source:https://raydium.io/launchpad/
LetsBonk.fun is a one-click issue coin platform built on the technical framework of Raydium LaunchLab by the popular meme coin BONK community on Solana, specifically serving the issue coin needs of the BONK community and its derivative creations. The issue coin process and rules for users on LetsBonk.fun are similar to those of LaunchLab, such as the default graduation of 85 SOL and a 1% fee, but the entry interface and community orientation are more in line with the Bonk style.
LetsBonk.fun made a significant impact when it was launched, successfully capturing about 17-20% of the daily issuance share at one point, and even surpassing Pump.fun in certain periods to become the platform with the highest number of daily graduated tokens. This is seen as a victory of community power against giants: Bonk, as a Meme coin that spontaneously rose from the Solana community, built its own Launchpad leveraging its appeal, thereby forming a “wolf pack strategy” to attack Pump.fun.
The popularity of LetsBonk.fun shows the value of well-known Meme coin IP in platform competition, bringing its own traffic and user base, ensuring that the platform starts with attention. However, its sustainability remains to be seen; for now, it seems more like a part of the auxiliary LaunchLab strategy.
The founder of Believe is Australian young entrepreneur Ben Pasternak. The platform was originally a social token application called Clout. Clout fell silent due to over-reliance on celebrity endorsements, but Ben made a comeback at the end of April 2025 with an upgraded version of Believe, changing the slogan from “Believe in Someone” to “Believe in Something,” no longer promoting celebrities, but instead looking for meaningful creative projects.
In terms of issuance method, Believe adopts an innovative interaction by using social platforms as the entry point for issuing coins. Users do not need to log in to any DApp, just give their account on the X platform.@launchcoinPost on Twitter with the desired token name, and the Believe system will automatically detect the instruction, invoking the on-chain contract to create the token using the Meteora platform’s joint curve model.
Source:https://x.com/launchcoin/
Believe has also introduced a “B-point” mechanism similar to crowdfunding: after each token is issued, the total accumulated transaction fees will be counted, and if it reaches a certain threshold (B-point) set by the platform, the token founder can withdraw these funds to fulfill their project Roadmap; if the target is not met, it is regarded as market disapproval, and the funds remain in the pool or belong to the platform. This logic is similar to Kickstarter’s all-or-nothing crowdfunding, but the B-point is not a fixed value, rather it is dynamically determined based on the project’s situation, with the core idea being “trading enthusiasm is market voting.” In terms of revenue distribution, half of the 2% tax on each transaction is returned to the creators (1%) and Scouts (0.1%). This way, founders and early evangelists who help spread the project can also share profits, encouraging community participation in discovering quality content. According to statistics, since its launch, the Believe platform has recorded a total transaction amount of $1.8 billion, bringing approximately $9.5 million in direct income to various token creators.
The Believe platform has faced some controversies. The token LaunchCoin, issued by founder Ben himself, skyrocketed 200 times on the day it was launched. Subsequently, Ben sold off most of his LaunchCoin in batches, making a profit of about $1.3 million, which raised community questions about whether the “founder exploited trust for arbitrage.” Additionally, in the early stages of Believe’s issuance, in order to prevent selling pressure, a high slippage tax was set on token transactions, resulting in blockchain bots taking advantage of this high tax period to acquire tokens at low prices, and then massively selling them off after the tax rate decreased over time, causing many token prices to crash rapidly after reaching market valuations of tens of millions. Some in the community joked, “The founder, Scout, and the platform are all fine, but the retail investors who took over are really hurt.”
Boop.fun is an issue coin platform on the Solana chain launched by well-known NFT collector Dingaling, featuring a strong personal brand color. Its model is similar to Pump.fun, also utilizing a bonding curve + Raydium LP scheme, but adds some proprietary token economics: for instance, each new coin issued through Boop.fun will deduct a “developer tax” of 5% to distribute to holders of the Boop native token, reflecting the platform’s intention to create a value-returning ecosystem for its own tokens.
Due to the influence of Dingaling in the community, Boop.fun attracted a group of loyal fans after its launch, but its overall scale is relatively smaller compared to the aforementioned platforms. Currently, its daily issuance accounts for about 1-2%, with a graduation rate slightly higher than Pump.fun.
Source:https://dune.com/adam_tehc/memecoin-wars
The differentiation of Boop.fun lies in its small but beautifully managed community operation. Dingaling backs the platform with personal credibility, bringing users together through the $BOOP token. However, this also means its scalability is limited, playing more of a role in niche markets.
The one-click issue coin platform makes “fast coin creation” a reality, but also amplifies the speculation and fraud risks in the crypto market. The extremely low threshold is an invisible hand: it invigorates the market while allowing bubbles to grow unchecked.
Looking to the future, can the one-click issue coin platform sustain its development in this track, and where will the next phase lead? We can think from three aspects: market, technology, and narrative:
After nearly a year of crazy growth, the Meme issue coin craze has clearly cooled down, and the “get rich quick effect” is difficult to replicate on a large scale. After the wave of淘沙, the one-click issue coin platforms may settle down to a few that operate steadily, continuously providing services for new projects. From the perspective of revenue models, the early Pump.fun’s “harvesting” profit model is not sustainable, and now new platforms are exploring healthier win-win models. For example, guiding creators to improve project quality, supporting promising projects, and eliminating purely scam Tokens.
The one-click issue coin platform is essentially a combination application of issuing + liquidity on the blockchain, and its future evolution may have several directions:
These technological improvements represent a vision: in the future, Launchpad will not just be a speculative tool, but an incubator for Web3 innovation. If the narrative can successfully transform and win the trust of mainstream developers and entrepreneurs, then the one-click issue coin platform will undergo a qualitative change.
A developer or creative person has a new Web3 project idea. In the past, they might have needed to write a white paper, seek investment, and assemble a team to create an MVP. Now, they can directly issue a token on the issue coin platform, package their idea into a story, and test community interest through market trading. If the token receives a positive response, they can obtain initial funding to hire a team and develop the product; the community will also become early users and promoters of the project by holding the token. This is almost a new paradigm that disrupts the traditional startup financing model: no VC, no crowdfunding sites, and instead, good ideas are discovered and funded directly by the open market. This will attract more serious entrepreneurs to try this approach, and the issue coin platform will not just be a “token issuance tool,” but will upgrade to become the “project cold start infrastructure,” becoming a part of the Web3 entrepreneurial ecosystem.
If a one-click issue coin platform wants to have a long-term future, it must find a balance between complete disorder and excessive regulation. Possible directions include: community self-discipline + protocol governance, meaning the platform introduces a set of community guidelines and a DAO governance mechanism to vote to delist or mark warnings on obviously fraudulent or illegal projects; introducing optional KYC/real-name channels, allowing willing founders to prove their identity for higher trust, while also complying with bottom-line requirements such as anti-money laundering monitoring. In addition, strengthening security audits and real-time monitoring of abnormal transactions can also reduce the frequency of malicious incidents.
Conclusion: The one-click issue coin platform has evolved from the dominance of Pump.fun to a current landscape of one strong player and many strong contenders, showcasing the astonishing power of “decentralized creativity” in the crypto world. It has decentralized the power of financial experimentation to the public, giving countless imaginative ideas the opportunity to shine on the chain through tokenization. The future winners may not necessarily be the platforms with the lowest fees, but those that can build content flywheels, community consensus, and platform trust mechanisms, growing into fertile ground for innovation. When every good idea can be freely experimented with in the form of tokens, perhaps that is the kind of future full of infinite possibilities that Web3 strives for.
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global cryptocurrency investors. We have built a “trend judgment + value excavation + real-time tracking” service system. Through in-depth analysis of cryptocurrency industry trends, multidimensional evaluation of potential projects, and around-the-clock market volatility monitoring, combined with the weekly updates of the “Hotcoin Selection” strategy live broadcast and the daily news delivery of “Blockchain Today Headlines,” we provide precise market interpretations and practical strategies for investors at different levels. Relying on cutting-edge data analysis models and industry resource networks, we continuously empower novice investors to establish cognitive frameworks and assist professional institutions in capturing alpha returns, jointly seizing the value growth opportunities of the Web3 era.