Is it launchpad season on @Base?
Can anyone really compete with @virtuals_io ?
While @pumpdotfun has made launchpads great again, their model suffered from two main pain points:
✦ Low Token Quality
✦ Extractive Value
This has opened up a new space of opportunity for new launchpads which are adopting a less "greedy" approach.
Among those @basepumpFUN is focusing on the two pain points highlighted above.
1. Ensuring Token Quality
One of the main issues with launchpads is the low quality of tokens launched there. BasePump builts a series of tools which are embedded in the UI, allowing users to take more informed tradition decisions.
These include:
✦ Aileen AI agent: this AI can be accessed by holding 100k of its tokens, and can be leveraged as a personal research assistant.
✦ Token Card Metrics: Each token launched on the platform has its own card. The card itself highlights several aspects of the token including distribution, sniped supply and more.
✦ BubbleMaps chart and Filters: users can leverage further filters to view particularly aspects they are interested in, as well as being able to access Bubble maps on the token distribution directly in the UI.
2. Redistributing Value
It's no news that the pumpdotfun team are not exactly bagholders...
While they have made over $700m in revenues, this value has never been redistributed in the ecosystem, or across participants in the token.
@basepumpFUN focuses on a less extractive model where 50% of the revenues (at least) will be distributed in the ecosystem (either through a staking model or a buyback and burn).
Last but not least, the team has been funded organically without VCs.
Is this enough to ensure the success of the platform?
Will BasePump be able to capture a significant % of market share within the Base Ecosystem?
Time will tell!