:#Alpha

Binance Alpha will launch on August 3rd with MOMOFUN (MM).

MOMOFUN ($MM) is not just a meme coin. According to public information, its positioning is more like a Web3 entertainment platform, combining GameFi models, community governance, and NFT economic mechanisms. Its core concept is "fun value," which seeks to transform virtual characters, player interaction, and engagement with the platform into a basis for value circulation.

According to information from RootData, the MOMOFUN team claims to have backgrounds in platforms like Binance, Bybit, OKX, and Tencent. They also emphasize that their AI-based MemeFi technology combines multichain IDO with asset issuance capabilities, creating a seamless channel to financial entertainment.

Support comes from Mantle EcoFund, HashKey Capital, and Bybit Ecosystem Fund.

However, after searching for information about the project, I discovered that the white paper has not yet been published, and details about the economic model, launch mechanism, funding institutions, among others, have not been fully made public. For a startup, transparency really leaves much to be desired, and it is not the ideal option for common investors.

Does the "useless" really have value? Could a "demonic coin" emerge? We will stay tuned and look forward to the launch on the 3rd.