Meme Coin New Model: VIRGEN and NOTHING Lead the Transformation of Blockchain Project Launch Platform

Recently, on an emerging blockchain project issuance platform, several eye-catching meme coin projects have emerged, breaking the previous project issuance model of the platform. The most notable among them is the meme coin VIRGEN launched by a well-known AI agency team.

The special feature of this project is that it is a well-known meme coin publicly issued by a reputable team in the industry. Although it is positioned as a meme coin, its issuance mechanism shows a friendly attitude towards the community. In addition to presales and liquidity distribution, a considerable proportion is also allocated for airdrops to staked users in the ecosystem and some holders of classic meme coins.

Another unique feature of VIRGEN is that there is no lock-up period, which means that users who participated in the pre-sale can immediately trade and profit after the token goes live. This is an operational opportunity that many investors dream of. Although some are concerned that this might lead to a sharp decline in the token's price, the reality has been surprising: after the token went live, not only did it not plummet, but it continued to rise.

The subsequent actions of the project team have won market recognition. They not only completed the promised airdrop but also provided additional rewards to users who continuously held the tokens, and used the profits obtained to buy back tokens in the market. This series of actions has made VIRGEN quickly become the most representative meme coin in the ecosystem.

Following closely, another meme coin project called NOTHING has also attracted attention. This project is not just a simple meme coin; it provides actual utility to the token: by permanently locking the tokens, holders can continuously earn points for participating in the platform's sales. NOTHING has also successfully issued and conducted two additional airdrops, exceeding market expectations.

The success of these two projects stems, on one hand, from their generous token distribution mechanism, and on the other hand, from the integrity of the team behind them, in stark contrast to many meme coin projects that are solely focused on short-term profits.

However, this successful model is difficult to replicate, and it is also hard to find project teams of a similar level. Therefore, people are starting to worry whether this permissionless issuance platform will attract a large number of projects of varying quality, ultimately becoming another speculative platform.

In the face of this situation, the simplest solution is for the platform to intervene directly by increasing constraint mechanisms to limit low-quality projects. However, this approach may lead to excessive control, ultimately stifling the vitality of the platform. A more ideal way is to maintain the openness of the platform and allow market mechanisms to naturally eliminate inferior projects. This requires cultivating a group of high-quality participants who can consciously resist poor projects.

It has been proven that the market indeed demonstrates this self-regulating ability. After VIRGEN and NOTHING, several uninspired meme coin projects attempted issuance one after another. The first one was successfully sold, but the price quickly plummeted after going online. The subsequent projects were directly ignored by the market.

This trend is encouraging, showing that the maturity of market participants is increasing. I hope this healthy ecological atmosphere can continue, allowing this platform to truly become a high-quality project incubator rather than devolving into another speculative platform.