Project introduction:
Believe is a token launch platform based on Solana, where anyone can generate tokens by replying to posts on the 'Launch Coin' X account.
This application was founded by Australian entrepreneur Ben Pasternak, rebranding from the previous project Clout. Its native token Launch Coin (LAUNCHCOIN) — initially called PASTERNK — has surged sharply in the past 7 days.
Ben himself commented on this transformation, saying, 'This is a shift from influence to trust. We no longer hype celebrities but seek meaningful projects.'
#Believe allows creators to instantly issue meme tokens through social media, collect transaction fees, and transfer tokens to Meteora once the market cap reaches $100,000.
Vision:
Believe's guiding principle is simple — we want to provide an enjoyable experience for traders and an excellent opportunity for builders to succeed.
At Believe, we are building a brand-new way of future financing — turning attention into capital, allowing anyone with a good idea to quickly receive community funding. Whether you are an independent entrepreneur, a vibrant team, or just someone with a dream, we are happy to lend you a helping hand.
This script will guide you on how to make the most of 'Believe': how to create your project, how to grow it, and how to build lasting momentum with those who believe in you.
Based on feedback from builders and traders using Believe, this script is continuously improved.
Link:
Official website: https://believe.app/
Main Twitter: https://x.com/believeapp (72.2K)
Token issuance Twitter: https://x.com/launchcoin (49.3K)
App: https://apps.apple.com/us/app/believe/id6737437664 (iOS only)
Platform token price: https://dexscreener.com/solana/yrrustgpugdp8bbfosqdefssen6sa75zs1qjvgnhtmy ($0.21/token)
Relevant data:
Platform token: 2025/5/19 17:40
Name: $LAUNCHCOIN
Price: $0.2165
Market cap/FDV: $218.7M
24-hour trading volume: $38.03M
Liquidity: $1.8M
Relevant background:
PASTERNAK was initially launched by the Web3 SocialFi platform Clout, aiming to become the 'Wall Street + Hollywood of Web3,' but due to a lack of transparency and practicality, PASTERNAK plummeted from $80 million to $190,000, raising concerns about soft rug pulls.
In April 2025, Clout was renamed Believe, upgrading its technology and ecosystem. Its token was also renamed to Launch Coin ($LAUNCHCOIN) on Believe.
Platform ecology: 2025/5/19 17:40
Total issued token amount: 21,212
Total trading users: 368,753
Total trading volume: $2,674,363,241
Number of tokens with trading volume greater than $1000: 1,120
Daily new issued token amount:
From May 13 to May 15, the Believe app issued over 4,000 new tokens daily through social media platforms, leading to a surge in usage. This explosive activity briefly made Believe one of the most active launch platforms in the Solana ecosystem. However, its pace then significantly slowed, with about 2,600 new tokens on May 16 and only 895 on May 17. This decline indicates that the initial high interest in the platform has cooled at least in the short term.
Data from: https://dune.com/gm365/believe
Creator support:
Creator support program:
Providing $10,000 support for S-level projects that can launch on the Believe APP
(https://x.com/believeapp/status/1920248651902865496)
Slack group for launchers:
Believe has a Slack community composed of publishers to ensure builders can smoothly launch and receive support after publication. Please fill out the form below to apply:
https://docs.google.com/forms/d/e/1FAIpQLSfJc9PG7oI982jJrIrrX5A5-vRnVASs8IsnfSDUkZiAwa1KmQ/viewform
Creator incentives:
Of the 2% transaction fee, 1% is rewarded to the token creator, and 0.1% is rewarded to Scouts (users who discovered or promoted the token first)
Token issuance process:
Token issuance:
Users simply need to @LaunchACoin on the X platform and attach the token name, and the system will automatically create the token using Meteora's joint curve without logging into the DApp or filling out forms. For example: @launchcoin $TICKER + Name
Joint curve:
When a token is issued, it first enters the joint curve. Once its market cap reaches $100,000, it will automatically be listed on the Dex platform of Meteora, where deeper liquidity can be obtained.
Buy and sell transaction fee:
To prevent sniper bots from abusing the system, they use dynamic transaction fees:
The initial purchase fees were very high (no specific value provided)
As trading stabilizes, the rate of transaction fees gradually decreases to 2%, and a 2% transaction tax will still be charged for buy and sell after launch.
Fee distribution:
The allocation structure is highly incentive-oriented: sourced from 2% transaction fees
1% is allocated to the token creator (founder)
0.1% is rewarded to Scouts (users who discovered or promoted the token first)
The remaining 0.9% goes to platform operations
(Such a mechanism not only provides creators with instant revenue guarantees but also incorporates 'token discoverers' into the revenue-sharing system for the first time, greatly incentivizing the community to proactively discover and spread quality ideas.)
How to claim transaction fees: (Only tokens after graduation can be claimed)
To claim your creator rewards, simply link the creator's X account with your Believe account in the app settings. The platform pays rewards to creators once a day.
Star project research:
Trading volume occupies the first place in the ecosystem: 2025/5/20 10:18
Name: $GOONC
Price: $0.02725
Market cap/FDV: $27.2M
24-hour trading volume: $16.25M
Liquidity: $1.16M
CA: ENfpbQUM5xAnNP8ecyEQGFJ6KwbuPjMwv7ZjR29cDuAb
Twitter community: https://x.com/i/communities/1923237359187001542
Founder's Twitter: https://x.com/basedalexandoor
Relevant background: The founder is a developer (rumored to work at OpenAI), tweets frequently with at least 8 tweets a day, and the issued tokens are fully transparent, with community members eager to interact with him on Twitter.
Timeline:
Token issuance date: May 13, 2025
The founder did not hold any tokens at the time of token issuance
The official APP features projects and tweets, with the founder retweeting
Token reached a peak market cap of $50 million within 24 hours of launch on May 14, 2025
Public purchase of its own issued tokens on May 18, 2025
Receive 1% of the transaction fee allocated by the platform as an incentive for creators
Publicly repurchasing its issued tokens, equivalent to a buyback
The founder publicly updates personal information about the project
Summary:
Believe is redefining the issuance and financing logic of MEME tokens in a brand new way. It transforms attention economy into tradable assets, allowing every creator to ignite the spark of consensus on-chain with their inspiration. Backed by Solana's high-speed ecosystem and the natural dissemination power of social platforms, Believe achieves extreme simplification from token issuance to listing, while the supporting revenue incentive mechanism also stimulates participation enthusiasm among creators and early supporters.
Although the daily issuance of tokens has decreased and the popularity has seen a pullback, this has instead provided clearer development space for projects with genuine community drive. The emergence of star projects like $GOONC validates the platform's ability to incubate 'on-chain new cultural symbols'.
As more quality creators join, platform mechanisms continue to optimize, and user consensus gradually solidifies, Believe may not only be a MEME platform but could also become a long-term example of Web3 social narratives and emotional economy.
The next wave of MEME tokens starts with Believe.
