Basic Information

Project Name: boop (@boopdotfun)

Website: [boop.fun](https://boop.fun)

Twitter: [@boopdotfun](https://twitter.com/boopdotfun)

Blockchain: Solana

Token Symbol: $BOOP

Total Token Supply: 1,000,000,000 BOOP

Project Type: Memecoin Issuance Platform

Founder: dingaling (@dingalingts)

Established: 2025

Project Slogan: "start your own cult with boop coming soon to solanya~ ≽^•⩊•^≼ ₊˚⊹♡"

Release Date: May 1, 2025, 10 PM (Beijing Time)

Project Introduction

boop.fun is a memecoin issuance platform based on the Solana blockchain, created by renowned NFT investor and PancakeSwap founder dingaling (@dingalingts). The platform allows users to create and trade meme tokens, similar to the already successful Pump.fun platform but with its unique mechanisms and features.

The core idea of the boop platform is "start ur cult" (create your own fan group), aiming to provide creators with a simple way to issue their own tokens and build communities. The platform positions itself as a "revolutionary" alternative to Pump.fun, introducing staking rewards and token sharing mechanisms.

Project Concept and Design Ideas

According to founder dingaling's shares on Twitter, the design concept of @boopdotfun stems from an observation of a common phenomenon in the market:

> "The core idea comes from our observation that some users continuously buy at highs and then get sold off. Friends share contract addresses and treat you as exit liquidity. Sound familiar?"

This indicates that one of boop.fun's design goals is to address issues present in the traditional memecoin market, particularly those that lead ordinary users to frequently buy at highs and become "exit liquidity." By introducing staking rewards and a "graduation" mechanism, boop.fun aims to create a fairer and more sustainable token issuance and trading environment.

Token Mechanism

Supply Distribution

- 75% added to the bonding curve.

- 5% allocated as rewards to BOOP stakers (at the time of token "graduation").

- 20% reserved for the Raydium liquidity pool (created at graduation).

Creators' Rights

- Creators can purchase a maximum of 50% of the supply at creation (payment required).

- Token issuance is free, but purchasing own supply requires payment.

### Transaction Fees

- A 1% fee charged for each transaction, distributed as follows:

- 60% allocated to BOOP stakers.

- 30% used for BOOP buybacks.

- 10% belongs to the team.

### $BOOP Token Details

#### Distribution Mechanism

- Initial circulation primarily achieved through airdrops, collaborating with @KaitoAI for ranking-based airdrops.

- Projects that launch successfully on the first day can share a portion of $BOOP.

- The team retains 10% (100 million BOOP).

- Lock-up rules: 6-month lock-up period, 24-month linear unlocking.

- During the lock-up period, part of the tokens participates in staking, not exceeding 5% of the staking pool.

#### Functions (in staking case)

1. Share 5% reserved for each successfully launched token.

2. Share 60% of the LP profits from each successfully launched token.

#### Acquisition Methods

1. Direct purchases on the secondary market.

2. Buy before the token launch and participate in the daily sharing of the $BOOP airdrop after the launch.

#### Staking Mechanism

- All rewards are obtained under staking conditions.

- A minimum of 10,000 $BOOP needs to be staked to initiate.

- There are two options to cancel staking:

- Immediate settlement: 5% fee deducted.

- Wait for 5 days: No fee (no rewards during the waiting period).

## Core Highlights

### 1. "Graduation" Mechanism

When the token reaches a market value of about 400 SOL, it is considered "graduated." The actual market value calculation formula is: Token price (in SOL) × SOL USD price × total supply. When the bonding curve requires about 80 SOL and 206.9 million tokens, it is considered to meet the graduation criteria.

After graduation, 80 SOL and the remaining tokens will migrate to the Raydium liquidity pool, with 6 SOL allocated to the team for deployment costs. At graduation, creators will also receive a 10% reward.

### 2. BOOP Staking Mechanism

- 5% of the supply and 60% of trading fees for each new token issued through the platform goes directly into the BOOP staking pool.

- Stakers can obtain: part of the new token supply and passive SOL liquidity returns.

- For example: If a token is issued through the BOOP platform and reaches a market value of $2 billion, $100 million will be proportionally distributed to BOOP stakers.

### 3. Airdrop Mechanism

- Airdrops based on @KaitoAI's MEME-related accounts.

- Users with a yaps score and create content about boop also have a chance to receive airdrops.

### 4. "(3,3)" Economic Model

boop.fun uses a game theory model similar to Olympus DAO's "(3,3)" to encompass all roles:

1. Token Creator: When the created token launches successfully, they can receive 90% of the total $BOOP allocated to that token.

2. Token Traders: When the traded token launches successfully, they can receive 10% of the total $BOOP allocated to that token.

3. $BOOP Stakers: When any token launches successfully, they can share 5% of the reserved proportional share.

This model encourages "entrepreneurship" (creating tokens), "playing the internal market" (trading), and "staking" (long-term holding), forming a self-reinforcing economic cycle.

## Project Timeline

- April 30, 2025: The project was first mentioned on social media.

- May 1, 2025: The platform officially launches (10 PM Beijing Time).

- Planned for the first day of launch:

1. Airdrop based on @KaitoAI's MEME-related accounts.

2. Open mining and internal mining.

3. Launch platform token staking dividend mechanism.

## Comparison with Similar Projects

### Similarities between boop.fun and Pump.fun

1. Launch Curve: All successfully launch when the market value reaches about 400 SOL, directly launching on Raydium.

2. After a successful launch, the team will charge a fee of 6 SOL.

### Differences between boop.fun and Pump.fun

1. Creators can purchase a maximum of 50% of the token supply.

2. After a successful launch, a 1% transaction fee will be distributed according to the documentation (whereas Pump.fun seems to charge the entire fee after using its own DEX).

3. After the successful launch of the token, creators can share the $BOOP airdrop for that day (a fixed daily amount shared among all successfully launched projects).

4. Token Distribution: 75% added to the curve, 5% reserved for $BOOP stakers, 20% added to the liquidity pool after successful launch.

boop.fun shares similarities with the following similar projects but also has its unique mechanisms:

1. Pump.fun: The earliest Solana memecoin issuance platform, has successfully attracted many users with huge trading volume.

2. 39A: Token and website issuance platform.

3. DogWifTools: All-in-one launch pad platform.

4. blnk.fun: Token launch pad with Solana blinks.

5. Pump Starter: Memecoin launch pad.

6. Catamoto: A Fair Issuance Platform for Memecoins

7. Pumpup.Ai: Memecoin issuance and leverage platform.

8. Moonshot: Launch pad built on Solana.

Compared to Pump.fun, the main differences of boop.fun lie in its staking mechanism and "graduation" system, which provide more incentives and revenue paths for token holders.

## Project Participation Methods

1. Buy BOOP: Directly purchase from the market after the platform launches (link to be determined).

2. Earn BOOP by supporting the project:

- Buy ungraduated tokens and bet that they will graduate.

- After the token graduates, you can earn BOOP rewards.

3. Stake BOOP: Enjoy 5% airdrop of new tokens and 60% share of SOL trading fees.

## Advantages of Issuing Tokens on boop.fun

Compared to other platforms, the main advantage of issuing tokens on boop.fun is:

- Under the same conditions, both creators and traders can receive additional $BOOP rewards.

- Not only can the project side benefit, but traders can also receive rewards, increasing participation enthusiasm.

- When the value of $BOOP is high, it acts as a "subsidy" for creators and traders.

## Expected Returns

1. Staking Rewards: Earn 5% supply of newly issued tokens and 60% of trading fees by staking BOOP.

2. Token Appreciation: As the native token of an emerging platform, BOOP may appreciate as the platform's user base grows.

3. Early Participant Advantage: As an early participant, you may receive more airdrops and community rewards.

## Valuation Analysis

As the project has not yet officially launched, an accurate valuation cannot be provided. However, considering the following factors:

1. Founder Background: dingaling is a well-known NFT investor and founder of PancakeSwap, with a strong community influence.

2. Solana Ecosystem: Memecoin projects on Solana have recently been active, with Pump.fun generating about $60 million in transaction fees.

3. Innovative Mechanisms: Staking and "graduation" mechanisms provide users with multiple revenue pathways.

4. Community Expectations: According to RootData's voting, 82.9% of users hold a positive attitude towards the project.

Based on the above factors, boop.fun has the potential to become an important project in the Solana ecosystem, especially in the memecoin field.

## Potential Risks

1. Market Volatility: The cryptocurrency market is highly volatile, and token prices may fluctuate dramatically.

2. Competitive Risk: Several similar platforms already exist, such as Pump.fun, which has established a user base.

3. Regulatory Risk: The regulatory environment in the cryptocurrency space is constantly changing, which may affect project development.

4. Technical Risk: Smart contracts may have vulnerabilities or security issues.

5. Team Execution Risk: Whether the project can be executed as planned depends on the team's capabilities and decisions.

## Potential Challenges

1. $BOOP Price Stability Issues: If too much $BOOP is produced daily without sufficient market buying, it may lead to a price drop.

2. SOL collected by the team may be sold off in large quantities.

3. There may be an "actuary" calculating arbitrage space based on market prices, arranging successfully launched projects.

4. APIs similar to Pump.fun may lead to intense early competition.

5. The circulation of $BOOP on the first day is low, which may lead to many users creating projects for "mining."

## KOL Perspectives

Currently, several cryptocurrency KOLs have expressed interest and anticipation for the project:

1. Snowball (Chinese KOL): "@boopdotfun is launching! Airdrop based on @KaitoAI's MEME-related accounts!"

2. lanxing 🇨🇳: "It could be a 10x opportunity! PancakeSwap founder @dingalingts's SOL chain meme coin issuance platform @boopdotfun will launch."

3. Professor Suo says: "Finally, there is a product worth revolutionizing pumpfun for, and it is highly likely to airdrop to everyone who has used pumpfun."

## Founder Background

Dingaling is not only the founder of PancakeSwap but also a well-known NFT investor and cryptocurrency KOL with a large following on Twitter. Before founding @boopdotfun, he was mainly known as an NFT collector. His entrepreneurial history includes:

- PancakeSwap founder.

- Formerly the CRO (Chief Revenue Officer) of a company.

- Has extensive experience in cryptocurrency projects.

His deep understanding of the market and insights into user behavior provided an important foundation for the design of boop.fun.

## Follow-up Progress

1. Platform Function Expansion: May add more features and tools to enhance user experience.

2. Ecosystem Development: Collaborating with other projects in the Solana ecosystem to expand influence.

3. Community Development: Establishing an active community and governance mechanism.

4. More exchanges for token listing: As the project develops, BOOP may be listed on more centralized exchanges.

## Summary

@boopdotfun (boop.fun) is a memecoin issuance platform set to launch on Solana, created by renowned investor dingaling. The platform offers users various participation and profit opportunities through an innovative staking mechanism and "graduation" system.

The platform adopts the "(3,3)" economic model, encouraging creators, traders, and stakers to participate together, forming a self-reinforcing ecosystem. Although facing market competition and risks, boop.fun has the potential to hold a place in the memecoin field due to its founding team's background and unique token economic model.

The success or failure of the entire ecosystem will largely depend on the performance of the $BOOP token. While boop.fun may not completely replace Pump.fun, it represents an innovative attempt, similar to previous LooksRare's challenge to OpenSea.

For investors, this is a noteworthy emerging project, especially for users interested in the Solana ecosystem and memecoins. As the platform is set to launch on May 1, we will be able to see more information about its actual operation and market performance.