Launch Coin on Believe (LAUNCHCOIN)
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About LAUNCHCOIN
Launch Coin on Believe (LAUNCHCOIN) is a Solana-based token powering a permissionless fundraising platform where creators launch new tokens by tweeting '@launchcoin $TICKER NAME'. Developed by entrepreneur Ben Pasternak, the platform uses bonding curves to price tokens, starting with dynamic anti-sniping fees that taper to 2%, split between the creator and Believe. Once a project hits a $100K market cap, its liquidity auto-migrates to Meteora for long-term DEX support. There are no presales or team allocations: 100% of tokens launch publicly.
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Frequently Asked Questions about Launch Coin on Believe
What is Launch Coin on Believe?
Launch Coin on Believe (LAUNCHCOIN) is a Solana-based meme and launchpad token that powers a fundraising platform on the Believe app. Creators can instantly launch tokens by tweeting a command and bootstrap liquidity via bonding curves with no team allocations or presales.
Who created Launch Coin on Believe?
Launch Coin was created by Australian entrepreneur Ben Pasternak, known for founding SIMULATE and previously launching the PASTERNAK token, which was later rebranded into LAUNCHCOIN.
How do I launch a token on Believe?
Simply tweet '@launchcoin $TICKER TOKEN NAME' from an X account. The Believe protocol will create a Solana SPL token, deploy a bonding curve, and fund it with an initial pool.
What fees are applied to new token launches?
Tokens launched on Believe use bonding curves with dynamic anti-sniping fees that start high and taper to 2%. Fees are split 50/50 between the creator and Believe and are claimable daily.
What happens when a token reaches $100K market cap?
Once a launch token hits a $100,000 market cap, its bonding curve pool automatically migrates to a permanent, locked liquidity pool on Meteora, supporting DEX trading.
Is LAUNCHCOIN just a meme or does it have utility?
LAUNCHCOIN began as a meme but now functions as the core token for the Believe platform, funding development and serving as the fee sink for all token launches on the protocol.
What wallets support LAUNCHCOIN?
Any Solana-compatible wallet supports LAUNCHCOIN, including Phantom, Solflare, and Ledger.
Is there a presale or team allocation for LAUNCHCOIN?
No. LAUNCHCOIN launched with 100% of supply available to the public and no reserved allocations, vesting schedules, or team wallets.