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Boop.Fun leading the way with a new launchpad on Solana.
Doubt @believeapp @pasternak knows of us or care about our opinions but, there's always room to learn.
We propose to rework the mechanism:
- The first month is crucial to keep on the current tax rate, so let's call it bootstrapping mode.
- Let founders go at it hard in the first 4-8 weeks to raise trade volume so they can raise the funds they need to operate their project.
- After, consider lowering your take rate from trades over time. This is only fair.
- Reinvest portion of Believe's take rate into the tokens of projects. It's a free bag anyway, since you are just reinvesting from fees you made.
- Your long term capital gains from holding these projects will far outstrip any fee you generate from trading.
- Launchcoin becomes an index for great utility projects.
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