Emojicoin.fun, a cryptocurrency project from Econia Labs centered on community engagement and creativity, has officially launched on the Aptos mainnet.
Econia Labs is originally a decentralized order book protocol that has processed over $210 million in trading volume since its launch.
Emojicoin.fun Goes Live on Aptos Mainnet
This move marks the project’s transition from development to a fully operational blockchain environment, allowing users to interact with Emojicoin directly. Emojicoin can also be used for activities like tipping creators, purchasing emoji-themed NFTs, participating in community governance, and storing tokens.
“Emojicoin.fun is live on mainnet as a launchpad for emoji-tickered tokens, or “emojicoins”. Built natively on a Move-based blockchain, emojicoin.fun merges innovation and fun, providing a unique platform for users to launch, trade, and swap emojicoins in a fully open-source environment,” the announcement read.
Following the launch, the project team plans to expand its offerings, including marketplace integrations and new collaborations. These additions are expected to increase the token’s utility and create more opportunities for user engagement.
To participate, users can set up a compatible wallet and acquire Emojicoin through supported platforms. Tutorials and guides are available to assist those unfamiliar with the ecosystem. Econia Labs has released a detailed black paper that delves into the mathematical principles underpinning the platform for those seeking in-depth technical insights.
One of their emoji tokens that has already experienced substantial success is DOGFACE, which has a market cap of $10 million at the time of writing.
The new venture draws on the success of Pump.fun, which reached a $100 million revenue milestone just 217 days post-launch. Meme coin mania has been the market’s buzzword lately, but despite many traders making significant yields, it is the businesses that are generating the largest profits.
Businesses like Emojicoin, Pump.fun, or the recently launched Vector.fun, which leverages the meme coin phenomenon, tap into the frenzy by offering services that drive trading volume, enhance liquidity, or facilitate listings. Their profits are not solely tied to the performance of individual coins but to the overall activity of their user base, which will keep expanding so long as traders are interested. This makes their business models more sustainable compared to the volatile gains of individual traders.
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Source: https://beincrypto.com/emojicoin-fun-goes-live/