The Makenow project allows users to create meme tokens on Solana’s blockchain. Its infrastructure combines the Web2 social media platform X with blockchain technology, allowing users to launch tokens with a single tweet.
When a user’s meme token gains enough traction and purchase, Makenow utilizes Raydium to launch the token on Solana. While the tokens are purely speculative, users can create, launch, and manage meme projects with minimal stress.
The platform also subsidizes the creation of new tokens on Solana, allowing users to deploy projects at zero cost.
The Makenow project was created on July 10, 2024, and little is known about the founding team. On July 31st, 2024, Nansen Research CEO Alex Svanevik launched the IQ meme coin on Makenow.meme, boosting the project’s popularity.
On August 1st, 2024, Raydium, the popular swap and AMM platform on Solana, tested the Makenow.meme Twitter feature. This resulted in the creation of CTO tokens, pumped to a market cap of $11 million.
The project introduced wallet-to-Twitter account bonding on Aug 8, 2024, enhancing security and user engagement. Later in the same month, it experienced a misunderstanding with the Twitter platform, which led to a temporary account suspension.
Moving forward, the project is focused on expanding its features and growing its user base.
The Makenow project leverages Solana’s low transaction fees and high processing speeds to create, mint, and deploy tokens easily and efficiently. It also uses Solana’s infrastructure to provide a simple user experience, enabling creators to launch their tokens quickly via tweets.
The Makenow project utilizes the Raydium platform to provide liquidity and trading opportunities for newly launched meme tokens. The AMM model ensures that the project’s liquidity pools are automatically balanced based on supply and demand.
For that reason, around 159 million tokens from each launch are allocated to Raydium to provide the needed liquidity for the tokens. It is also a platform that allows such newly launched projects to gain traction and exposure within the crypto space.
The Raydium platform simplifies trading by providing the infrastructure for fast, cost-effective trades, making the mem project more attractive to Degen users.
X, previously known as Twitter, is a popular social network for sharing short messages, images, and videos in posts called “tweets.” It also allows users to interact with other users on the platform using features such as hashtags, likes, and comments.
The Makenow project allows users to create and launch meme coins directly on X tweets using four steps. Users must start their tweets with a $ sign and the token ticker name to create a token.
Next, they are expected to write a description or details of the meme inspiring the token generation. Afterward, users must tag the Makenow official account at the end of their tweet and attach an image or video.
The X platform allows users to bypass all coding requirements to launch a meme token.
Bonding curves are financial mechanisms used in token creation and management, particularly in DeFi and crypto projects. They establish a mathematical relationship between token price and supply, enabling dynamic pricing based on market demand.
As the demand for a project increases and more tokens are purchased, the price increases according to the curve’s formula. This incentivizes early adopters and creates an easy, structured way to manage token economics.
Bonding curves allow users to buy tokens at increasing prices, helping stabilize value as demand grows. Conversely, when tokens are sold back to the system, the price decreases, allowing for liquidity while providing a disincentive for large sell-offs.
Bonding curves are integral to the tokenomics of projects launched through the Makenow platform, ensuring the value of newly minted meme coins reflects real-time demand.
The bonding curve model aligns with meme coins’ community-driven nature, enhancing user participation. It fosters a vibrant ecosystem around tokens created on the Makenow platform, creating a more engaging and dynamic trading environment.
Source: Makenow.meme X Account
The project allows users to launch meme coins at zero cost directly through tweets on X. This approach democratizes access to token creation, making it accessible to a broader audience without significant financial barriers.
The zero-cost launch feature is particularly beneficial for individuals or small teams looking to create meme coins without the burden of high development expenses. It provides both the deployment infrastructure and the trading mechanism without the risk of losing initial development capital.
By eliminating the need for upfront deployment costs, the project encourages experimentation in creating vibrant ecosystems of meme-inspired projects.
Source: Makenow.meme X Account
The project’s cornerstone feature is its integration of user wallets with social media accounts. This integration connects the Web2 and Web3 spaces, providing Web2 with the ease of managing minted tokens while boasting Web3 security measures.
The platform streamlines token creation by enabling users to link their cryptocurrency wallets to their Twitter profiles. The wallet bonding feature enhances transparency and fortifies the ecosystem against potential bad actors.
The platform’s unique advantage is that it provides a cost-free, fair launch mechanism that levels the playing field for all participants of the crypto meme space.
Unlike many traditional token launches, where early investors or “whales” can manipulate prices and control the market, this platform offers a different approach. It allows developers and users to start on equal footing, creating a more balanced and fair environment for token creation and trading.
The project focuses on enhancing the community nature of meme projects by providing influencers and community builders with the token generation tools they need. The fair launch model allows these celebrities and community projects to build trust and encourage participation.
One of the primary concerns associated with the project is the inherent volatility of meme coins. The ease of launching a token can attract malicious actors who may create scams or pump-and-dump schemes, taking advantage of unsuspecting investors.
The platform operates in a largely unregulated environment, which raises concerns about the legitimacy and security of the tokens created on the platform.
Since the platform does not have a native token or a formal vetting process for the launched meme coins, users may invest in tokens lacking a solid foundation.
Since its launch, the project has faced operational challenges, including a temporary suspension of its official X account. Such interruptions can hinder the minting process and disrupt user engagement, leading to frustration among users who rely on the platform.
Additionally, the platform’s newness means that it may still be undergoing development and refinement, which can result in bugs or inconsistencies in user experience. These operational issues can undermine confidence in the platform, particularly for those looking for a reliable and stable environment to launch their meme coins.
Finally, although it has no native token, it creates tokens that are subject to the price volatility and regulatory uncertainty of the crypto space
The Pump.fun and Makenow projects differ significantly in their operational models and user engagement strategies.
Pump.fun focuses on providing a streamlined process for launching meme coins, allowing creators to issue tokens directly from its platform. While Makenow.meme leverages X by enabling users to create meme coins using the familiar tweet feature.
Pump.fun rewards developers for successful launches, creating a closed-loop business model that generates significant revenue. Makenow.meme, on the other hand, just requires users to format their tweets correctly to manage their tokens.
Learn more about the Makenow project on Gate.io.
Useful References
For the latest updates about the Makenow.meme platform, visit:
The Makenow project allows users to create meme tokens on Solana’s blockchain. Its infrastructure combines the Web2 social media platform X with blockchain technology, allowing users to launch tokens with a single tweet.
When a user’s meme token gains enough traction and purchase, Makenow utilizes Raydium to launch the token on Solana. While the tokens are purely speculative, users can create, launch, and manage meme projects with minimal stress.
The platform also subsidizes the creation of new tokens on Solana, allowing users to deploy projects at zero cost.
The Makenow project was created on July 10, 2024, and little is known about the founding team. On July 31st, 2024, Nansen Research CEO Alex Svanevik launched the IQ meme coin on Makenow.meme, boosting the project’s popularity.
On August 1st, 2024, Raydium, the popular swap and AMM platform on Solana, tested the Makenow.meme Twitter feature. This resulted in the creation of CTO tokens, pumped to a market cap of $11 million.
The project introduced wallet-to-Twitter account bonding on Aug 8, 2024, enhancing security and user engagement. Later in the same month, it experienced a misunderstanding with the Twitter platform, which led to a temporary account suspension.
Moving forward, the project is focused on expanding its features and growing its user base.
The Makenow project leverages Solana’s low transaction fees and high processing speeds to create, mint, and deploy tokens easily and efficiently. It also uses Solana’s infrastructure to provide a simple user experience, enabling creators to launch their tokens quickly via tweets.
The Makenow project utilizes the Raydium platform to provide liquidity and trading opportunities for newly launched meme tokens. The AMM model ensures that the project’s liquidity pools are automatically balanced based on supply and demand.
For that reason, around 159 million tokens from each launch are allocated to Raydium to provide the needed liquidity for the tokens. It is also a platform that allows such newly launched projects to gain traction and exposure within the crypto space.
The Raydium platform simplifies trading by providing the infrastructure for fast, cost-effective trades, making the mem project more attractive to Degen users.
X, previously known as Twitter, is a popular social network for sharing short messages, images, and videos in posts called “tweets.” It also allows users to interact with other users on the platform using features such as hashtags, likes, and comments.
The Makenow project allows users to create and launch meme coins directly on X tweets using four steps. Users must start their tweets with a $ sign and the token ticker name to create a token.
Next, they are expected to write a description or details of the meme inspiring the token generation. Afterward, users must tag the Makenow official account at the end of their tweet and attach an image or video.
The X platform allows users to bypass all coding requirements to launch a meme token.
Bonding curves are financial mechanisms used in token creation and management, particularly in DeFi and crypto projects. They establish a mathematical relationship between token price and supply, enabling dynamic pricing based on market demand.
As the demand for a project increases and more tokens are purchased, the price increases according to the curve’s formula. This incentivizes early adopters and creates an easy, structured way to manage token economics.
Bonding curves allow users to buy tokens at increasing prices, helping stabilize value as demand grows. Conversely, when tokens are sold back to the system, the price decreases, allowing for liquidity while providing a disincentive for large sell-offs.
Bonding curves are integral to the tokenomics of projects launched through the Makenow platform, ensuring the value of newly minted meme coins reflects real-time demand.
The bonding curve model aligns with meme coins’ community-driven nature, enhancing user participation. It fosters a vibrant ecosystem around tokens created on the Makenow platform, creating a more engaging and dynamic trading environment.
Source: Makenow.meme X Account
The project allows users to launch meme coins at zero cost directly through tweets on X. This approach democratizes access to token creation, making it accessible to a broader audience without significant financial barriers.
The zero-cost launch feature is particularly beneficial for individuals or small teams looking to create meme coins without the burden of high development expenses. It provides both the deployment infrastructure and the trading mechanism without the risk of losing initial development capital.
By eliminating the need for upfront deployment costs, the project encourages experimentation in creating vibrant ecosystems of meme-inspired projects.
Source: Makenow.meme X Account
The project’s cornerstone feature is its integration of user wallets with social media accounts. This integration connects the Web2 and Web3 spaces, providing Web2 with the ease of managing minted tokens while boasting Web3 security measures.
The platform streamlines token creation by enabling users to link their cryptocurrency wallets to their Twitter profiles. The wallet bonding feature enhances transparency and fortifies the ecosystem against potential bad actors.
The platform’s unique advantage is that it provides a cost-free, fair launch mechanism that levels the playing field for all participants of the crypto meme space.
Unlike many traditional token launches, where early investors or “whales” can manipulate prices and control the market, this platform offers a different approach. It allows developers and users to start on equal footing, creating a more balanced and fair environment for token creation and trading.
The project focuses on enhancing the community nature of meme projects by providing influencers and community builders with the token generation tools they need. The fair launch model allows these celebrities and community projects to build trust and encourage participation.
One of the primary concerns associated with the project is the inherent volatility of meme coins. The ease of launching a token can attract malicious actors who may create scams or pump-and-dump schemes, taking advantage of unsuspecting investors.
The platform operates in a largely unregulated environment, which raises concerns about the legitimacy and security of the tokens created on the platform.
Since the platform does not have a native token or a formal vetting process for the launched meme coins, users may invest in tokens lacking a solid foundation.
Since its launch, the project has faced operational challenges, including a temporary suspension of its official X account. Such interruptions can hinder the minting process and disrupt user engagement, leading to frustration among users who rely on the platform.
Additionally, the platform’s newness means that it may still be undergoing development and refinement, which can result in bugs or inconsistencies in user experience. These operational issues can undermine confidence in the platform, particularly for those looking for a reliable and stable environment to launch their meme coins.
Finally, although it has no native token, it creates tokens that are subject to the price volatility and regulatory uncertainty of the crypto space
The Pump.fun and Makenow projects differ significantly in their operational models and user engagement strategies.
Pump.fun focuses on providing a streamlined process for launching meme coins, allowing creators to issue tokens directly from its platform. While Makenow.meme leverages X by enabling users to create meme coins using the familiar tweet feature.
Pump.fun rewards developers for successful launches, creating a closed-loop business model that generates significant revenue. Makenow.meme, on the other hand, just requires users to format their tweets correctly to manage their tokens.
Learn more about the Makenow project on Gate.io.
Useful References
For the latest updates about the Makenow.meme platform, visit: