The largest onchain marketplace. Buy and sell crypto on Ethereum and 13+ other chains.

Currently, new launches work in 1 of 2 ways:

1) Coin is deployed, minting authority is renounced, liquidity is seeded on a DEX like @uniswap  & LP token is locked/burned

2) Same process but w/ a presale: ETH is sent to random address for nothing in return (at least initially)

How are these solved?

1. Pick name, ticker, JPG
2. Token begins trading on a bonding curve which replicates standard xyk
3. When mcap = $69k, all the bonding curve liquidity is used to seed a liquidity pool on @uniswap. The LP creation and LP token burn happen automatically

It's equally bad for everyone else

d) Extremely easy to rug a pre-sale when people send ETH to a random wallet

e) Need sophisticated tools on hand to quickly detect renouncing of mint authority, LP token burn, token distribution, etc.

f) and many more

What's wrong with this?

a) It costs at least a couple thousand to seed a pool with decent liquidity on launch

b) Set-up fees are extortionate (1-3 ETH)

c) The entire process is needlessly complicated