Kava, an open-source non-custodial DeFi ecosystem, announced the launch of its community-controlled memecoins creation platform, HARD.fun. According to Kava, the AI-powered decentralized memecoins launchpad will be the first of its kind. The Layer 1 protocol said the AI chatbot can generate new memecoins on any selected blockchain.
In its November 13 press release, Kava said the automated platform will pave the way for the crypto community to actualize their “memetic visions.” The statement claims that the decentralized memecoins generator is in line with crypto’s community-first fundamental values.
HARD.fun can create memecoins across blockchains
Prop #82 https://t.co/SXUEdKsZhb Signaling Proposal has PASSED! https://t.co/SXUEdKsZhb will be launching shortly on Kava EVM following the community’s approval. pic.twitter.com/Wax523ROP9
— HARD.fun (@hard_protocol) November 12, 2024
Kava stated that its automated memecoins generator will give full control to the crypto community. It claims the Kava AI chatbot is designed to promote the crypto community’s autonomy, unlike the centralized Gra.fun, Pump.fun, and Moonshot, which are developer-controlled.
Hard.fun claims one of its main missions is to break down the barriers to memecoins creation through the Kava AI chatbot, which directly relates with the Kava Chain, plus any EVM and Cosmo-based network.
In the statement, Kava says users only have to tell the chatbot what kind of token they want to create and the required variables. Then, the memecoins will be generated automatically to the user’s preferred blockchain. It also cited the importance of this feature, saying that the most successful memecoins are based on the best ideas, not the best codebase.
Kava also disclosed that a portion of HARD.fun’s protocol fees will be programmatically allocated to a community wallet address. From there, the community can decide through a vote how the rewards will be distributed and used. That means all the token holders will directly influence what the memecoin platform becomes and how rewards are deployed.
Notably, the statement claims that HARD holders can vote on crucial token parameters such as the deploy service fee, trading fee, migration fee, and liquidity for DEX.
HARD.fun’s AI integration to simplify memecoin creation
Kava revealed that users will benefit more by leveraging Kava AI’s ability to access the entire Kava Chain user base. The statement said that users can create AI-based agents that automatically tweet updates and news. Kava disclosed that there are many more AI updates in the pipeline for memecoin creators, making HARD.fun a valuable tool for community management.
The statement also mentioned accessibility as another major goal that HARD.fun wants to take advantage of. Kava claims that creators can launch memecoins that span the Kava EVM, Ethereum, Cosmos, and IBS ecosystems. Kava added that creators can take advantage of Kava Chain’s interoperable cross-chain bridge to launch memecoins on the BNB chain, and Solana, Tron, and others later on.
Kava emphasized that HARD.fun will help drive significant growth and adaptation of the Kava Chain as the first community-run memecoin platform. It also expects the memecoin platform’s AI chatbot to eliminate friction and bring more value to the next generation of memecoin creators.
Kava also mentioned that HARD.fun will bring additional utility to HARD token holders by creating a cycle of community rewards that drive increased transaction volume. Kava noted that this will boost demand and bolster the value of HARD in the long run.
Source: https://www.cryptopolitan.com/hard-fun-offers-ai-powered-memecoins/