2.5 LaunchPlaza Blind Boxes
LaunchPlaza Blind Boxes are an innovative feature of the platform, primarily targeting Memecoins, designed to further enhance the fun and liquidity of Memecoins. The Blind Box feature allows users to bundle a selection of Memecoins and have them packaged into blind boxes through LaunchPlaza. The platform evaluates the potential value of each Memecoin project based on market data and the actual performance of the Memecoins, considering factors such as market performance, community engagement, historical performance, and liquidity. The blind boxes are then priced accordingly.Once priced, the value of each blind box remains fixed and will be sold at a constant price in the market. Unopened blind boxes can be traded on the secondary market, where their value is determined by supply and demand once they are listed. Memecoins are inherently volatile assets, meaning that the blind boxes themselves have a certain probability of yielding returns significantly higher than their initial value. This feature acts more like a derivative investment model for Memecoin investments. Of course, we also aim to provide liquidity to these Memecoins through this mechanism.
Initially, LaunchPlaza will only support assets launched within the platform, as well as some certified blue-chip Memecoins, in the blind box system to ensure early benefits for users purchasing blind boxes. As the platform develops, we plan to expand support for multi-chain Meme projects and integrate a wider range of Memecoins into the blind box system.
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