Reviewing 10 emerging Launchpad platforms worth following.

Original author: Nancy, PANews

With the influx of funds and a recovery in sentiment, the on-chain world is quietly warming up, and many emerging token issuance platforms have begun to launch blood-sucking attacks on the leading Pump.fun. This article by PANews reviews 10 recently popular Launchpad platforms, focusing on MEME, AI Agent, and SocialFi tracks, primarily concentrated in the Solana ecosystem. These platforms each have their unique characteristics, mostly relying on a solid ecological foundation and resource advantages, and they compete for market share through innovative mechanisms and differentiated positioning by optimizing issuance mechanisms, enriching creator incentives, enhancing token empowerment, and improving platform security.

LaunchLab

LaunchLab is a token issuance platform based on Solana, launched by Raydium in mid-April this year. Creators use the JustSendIt model to issue tokens, and once the liquidity reaches 85 SOL, the tokens will be immediately migrated to Raydium's AMM. LaunchLab offers various customization options, including token supply settings, distribution curves, vesting periods, etc., and there is an option to receive a 10% share of transaction fees. The platform's transaction fee is 1%, of which 50% goes to the community pool, 25% is used for $RAY buybacks, and 25% is allocated for project infrastructure and operations. On April 26, Raydium announced the opening of a 50,000 RAY reward pool to reward users trading with LaunchLab.

According to Dune data, as of April 29, LaunchLab has issued 24,916 tokens, with a graduation rate of 0.84%. In terms of the number of tokens created, since the launch of LaunchLab on April 16, the issuance of tokens has been in the doldrums, usually in the hundreds, but since April 25, the number of tokens issued has increased significantly, reaching thousands per day. In the 210 graduation programs, the total transaction volume is mainly concentrated in LetsBONK, TIME, and Hosico tokens, with a cumulative transaction volume of nearly $350 million, and the trading volume of the remaining tokens is mostly concentrated in the tens of thousands to hundreds of thousands of dollars.

Letsbonk.Fun

Letsbonk.Fun, built on Solana, is developed in collaboration with the BONK community members and Raydium, allowing users to create their own MEME coins through simple steps by clicking "Create Token", filling in token details, and customizing supply. It provides developers with features such as wallet tagging and binding curves. Once the token is launched, it can be quickly integrated with DEXs like Raydium and Jupiter. Each transaction on the platform incurs a 1% fee, which is used for developing the funding pool, BONKsol validators, and for repurchasing and burning BONK. Platform users can also participate in the LaunchLab's 50,000 RAY prize pool.

Arc Forge

Arc Forge is an Agent token issuance solution launched in mid-February this year by the AI Agent project arc on Solana. The platform is built on Meteora DLMM and integrated with Jupiter routing, offering key advantages such as more efficient liquidity, prevention of sniping bots, and customizable liquidity strategies, with only reviewed high-quality projects allowed to participate.

auto.fun

auto.fun is a Solana-based no-code AI agent Launchpad platform launched by Eliza Labs for the issuance of new tokens and autonomous agents, the native token is ai16z, the platform allows users to deploy complex AI agents without technical background, adopting a fairer token issuance mechanism. auto.fun adopts a dual-pool system: the SOL:AT main pool is the main liquidity pool of the platform, pairing the newly issued Proxy Token (AT) with SOL and providing liquidity through Raydium; $ai 16z: AT is the target for the future phase, which aims to be liquidity matched with AT through $ai16z from the repo platform revenue. Each project released on auto.fun receives a liquidity NFT powered by Raydium, which gives the project creator ownership of the liquidity and enables ongoing yield capture through NFTs. In the liquidity pool of each AT token, the auto.fun charges a 10% fee, which will be used to return $ai 16z tokens from the market. According to the official website, as of April 27, the maximum market value of tokens on auto.fun is only hundreds of thousands of dollars.

Time.fun

Time.fun is a time tokenization platform that has migrated from Base to the Solana ecosystem. Creators need to register through the platform interface, customize the token name, symbol, and initial supply, and set the pricing for time services (in USDC), but identity verification is required.

Time.fun has been frequently recommended by Solana co-founder Toly over the past two months. Recently, he even launched an auction on the platform, attracting a total bid amount of over 1.2 million dollars. Three entrepreneurs won the opportunity to present their projects to Toly himself and the Solana ecosystem community, and they will introduce their startup projects in a live broadcast on May 6 and receive live feedback from Toly.

According to Dune data, as of April 28, the total number of tokens issued on the Time.fun platform is only 396, but the daily issuance has continuously declined since peaking on the first day of launch, with several days seeing issuance drop to single digits or even zero. Meanwhile, the platform's total trading volume has exceeded 200 million USD, with over 100 million USD contributed on the first day of launching on Solana, after which the trading volume gradually decreased and is currently maintained in the range of tens of thousands to hundreds of thousands of USD. The trading volume is mainly driven by the token $toly, which has consistently accounted for over half.

Genesis Launches

Genesis Launches is a launch platform recently introduced by the Virtuals Protocol based on Base and Solana, with the core goal of allowing community users to fairly and early participate in the incubation of new AI Agent projects, preventing bots and snipers from underpricing and protecting participants' capital safety. Each new project starts with a fixed diluted market value of 112,000 $VIRTUAL (approximately $120,000), and users participate by staking Virgin Points. Each round has a 24-hour auction period, and the more points users have, the higher the allocation. Currently, users have three main ways to earn points: by investing in Sentient and Prototype Agent tokens to earn Trenchor points, holding $VIRTUAL tokens to earn, and staking $VADER tokens to earn. Unused points will expire after 30 days.

Shell Launchpad

Shell Launchpad is an AI Agent platform launched by MyShel on the BNB Chain, designed to help users easily launch and tokenize their AI Agents. The platform offers various creation modes, including Classic Mode, Professional Configuration Mode, and ShellAgent Mode, catering to novice users, developers with some technical background, and professional developers respectively. Shell Launchpad provides 300+ modular AI widgets, allowing users to quickly combine and build complex AI Agents, and set basic information such as the name, description, token, and category of their AI Agents according to their needs, as well as configure the token economic model, including total supply and fundraising amount. Once the financing for the AI Agent reaches the target, the platform will automatically launch on DEX.

Swarms LaunchPad

Swarms LaunchPad is an AI proxy token issuance platform developed by Swarms, an AI Agent project on Solana, for creating, deploying, tokenizing, and monetizing smart agents. Users can build custom AI agents through the Swarms SDK (supports Python/Rust SDK), upload their own AI agents for tokenization, and trade them through Swarms Dex, these tokenized AI agents can be sold or leased on the Swarms marketplace, and developers can profit through purchase fees, lease shares, or transaction revenues. Developers of high-quality proxies are rewarded with additional SWARMS tokens.

Recently, Swarms LaunchPad underwent a major upgrade, including performance optimization, integration of Gecko Terminal, new commenting features and position pages, and the source code has been fully open-sourced to GitHub, among other improvements.

The Swarms LaunchPad official website shows that as of April 29, there are a total of 20 Agents on the platform, with a total market value of approximately 1.5 million USD.

someting

Currently, someting has not been officially launched and is still in the whitelist phase. According to known information, someting has partnered with Meteora, including unilateral liquidity, dynamic pools, and vaults, and features a unique Bonding Curve mechanism with lower fees and faster binding times. On the someting platform, a token liquidity graduation requires 42 SOL, with a transaction fee of 0.69%. It supports customizable bonding curves, has anti-sniping features, and integrates market makers to provide liquidity automatically. Additionally, to enhance the project's credibility, someting also possesses a verification badge from platform X.

Launch Coin on Believe

Launch Coin on Believe allows users to create and issue new tokens through simple social interactions. The core mechanism is to trigger the generation of a new token by replying to a tweet with @launchacoin+token name.

It is important to note that Launch Coin on Believe was formerly known as PASTERNAK, which is a celebrity coin created by Clout founder Ben Pasternak. Pasternak is also one of the founders of Monkey, one of the largest social applications in Web2. Clout is a SocialFi platform that combines features from platforms like Friend.Tech, Pump.fun, and Moonshot, allowing celebrities and creators to issue tokens named after themselves, and has received support from organizations like Alliance DAO.

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