Aptos officially announced the launch of the emojicoin.fun platform, reflecting a potential connection between the platform and Aptos.
Written by: Anderson Sima, Foresight News
On November 20, the Move-based public chain Aptos officially announced the mainnet launch of the meme coin issuance platform emojicoin.fun. Following the mainnet launch, the price of Aptos briefly surged over 10%, breaking through $13.
After the platform went live, it also retweeted community posts regarding its leading MEME DOGFACE, whose market cap subsequently surpassed $14 million.
It is reported that Emojicoin.fun is an emoji-based meme launch platform that combines the fun of emojis with the (DeFi) ecosystem, providing users with a unique and user-friendly trading environment. The platform is built on the Aptos ecosystem, allowing users to create and trade "emoji coins" (emojicoin), which are tokens represented by emojis.
The official Twitter account shows that emojicoin.fun is incubated by Econia Labs. Econia Labs is a Portland-based team known for its decentralized order protocol, which has processed over $210 million in transaction volume. The team is led by CEO Alex Kahn and COO Kirsten.
The emojicoin.fun platform is powered by Aptos and the Move programming language. The Aptos official tweet announced the launch of the emojicoin.fun platform, reflecting a potential connection between the platform and Aptos. Additionally, the official Twitter account indicates that emojicoin.fun is operated by infranomicon.net.
Core features and characteristics of Emojicoin.fun:
- Fair launch mechanism: Tokens on the platform are fairly launched with a preset supply, without pre-sales or team allocations, ensuring fairness in token distribution while reducing the risk of scams commonly found in traditional meme token platforms.
- Innovative token form: Emojicoin.fun provides a new presentation form for digital assets by using emojis as token symbols, breaking the convention of traditional letter or number symbols and adding more creativity to the decentralized finance world.
- Open-source trading platform: Unlike some platforms with closed-source code and private APIs, the source code for the Move package, indexer, and frontend of emojicoin.fun is open-sourced on GitHub, increasing the platform's transparency and credibility.
- On-chain chat feature: Emojicoin.fun also features an on-chain chat function, allowing users to interact with the community in real-time.
- Self-created tokens: Users can independently generate tokens by simply linking their wallets, selecting emojis or emoji combinations, and clicking "Launch Emojicoin."
The emojicoin.fun platform allows users to participate in crypto trading in an easy and fun way through its engaging design and fair mechanisms. Does this pose a competitive threat to the dominant Solana Meme ecosystem? Further observation is needed; for more details, please refer to its official documentation and platform homepage.
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