Development and Comparison of Decentralization Token Issuance Platforms

Decentralization token issuance platform is an important component of the blockchain ecosystem, providing fundraising channels for emerging projects while also creating early participation opportunities for investors. Recently, meme coin launch platforms have become market hotspots, characterized by low market value, high liquidity, and low barriers to entry, with more significant potential wealth effects.

This type of platform mainly serves the following purposes:

1. Raise funds for the project to support development and promotion.
2. Distribute tokens to early investors, usually with a lower market value upon launch.
3. Use popular events or IP to gain a large amount of traffic and attention.
4. Provide potential high return opportunities for early participants.

Since a certain well-known platform achieved great success, the LaunchPad track has become the first choice for many teams' entrepreneurship. However, most projects ultimately end in failure, and market consensus remains focused on a few platforms.

Recently, a well-established meme coin has also launched its own LaunchPad platform, with several of its Tokens having a peak market value that once exceeded 10 million USD, showing a good performance at the start. On the other hand, the leader in AI agency LaunchPad has recently introduced new ways to participate and activities, with its native coin doubling in price within a week, demonstrating certain effectiveness.

Although these platforms are all of the LaunchPad type, they differ in functionality and characteristics. Let's take a look at their differences and the tokens worth paying attention to recently.

Platform A

This platform triggered a meme coin frenzy in the second half of 2024. At its peak, the platform could earn over $7 million a day, and even in the current cooling of meme popularity, it still maintains a daily level of about $1.5 million. Since its launch, the platform's total revenue has exceeded $600 million, making it a veritable money printer in the coin circle.

The platform's revenue is denominated in SOL, but unlike other native projects, the platform chooses to continuously sell the earned SOL for USDC, rather than staking or operating nodes. Since 2025, they have sold a total of SOL tokens worth $317 million.

This practice does not look good, and coupled with some previous negative events, it has resulted in the platform, despite its strong profitability, not receiving significant support from the ecosystem.

In terms of tokens, the platform has become the preferred choice for token issuance, covering various themes including animals, puns, news events, AI, and more. Basically, any concept can be turned into a meme coin here, so the platform itself does not particularly focus on any specific feature.

Platform B

In contrast, this platform has a more orthodox position in the ecosystem. It is the most representative meme coin on-chain and one of the earliest meme coins with wealth effect. The project has been deeply involved in the ecosystem for many years, often participating in various offline activities and maintaining a good relationship with the community.

Mechanically, the platform behaves more selflessly. Revenue comes from a 1% transaction fee, used for:

• platform operation and growth
• Support validators and promote DeFi development
• Buyback and destroy platform Tokens

In addition, the platform has also collaborated with a certain DEX, demonstrating its sincerity towards the ecosystem.

The token with the highest market capitalization on this platform is inspired by a popular internet cat, which has nearly 2 million social media followers. Other noteworthy tokens include the platform's eponymous token and a token that has garnered attention due to the actions of its founder.

Platform C

This is an AI agent LaunchPad initially built on a certain Layer 2 network, which later expanded to other public chains. Its business model is relatively simple, as users need to consume platform tokens to create and trade tokens on the platform. However, as the AI craze subsided, the token issuance on the platform significantly decreased.

Recently, the platform launched significant updates, including:

1. Points system: Used to access pre-TGE token allocation, especially for large AI agent launches.
2. Fixed Market Cap Launch: New tokens are launched with a fixed market cap, and all users gain equal early access through points.
3. Multiple ways to earn points: including trading specific Tokens, holding platform Tokens, creating related content, etc.

Participation methods include staking points, investing platform tokens, and receiving new tokens. Overall, the platform is building a more focused and loyal LaunchPad, similar to a recent points-based new listing activity launched by a certain centralized exchange.

For investors who are optimistic about the platform, several participation methods can be considered:

1. Directly purchase platform Token
2. Purchase related Tokens
3. Participate in platform activities

Overall, these three platforms each have their advantages and challenges. The first platform is known for its strong traffic and profitability, but it also faces trust issues. The second platform has gained favor by focusing on the community and offering low fees, but the distraction of the platform Token and secondary tokens is a challenge. The innovative mechanism of the third platform is attractive, but whether it can continuously engage users remains to be seen.

In the future, the development of the LaunchPad track will depend on whether the platform can find a balance between short-term hype and long-term ecological construction, as well as whether the project parties can provide real value and applications. For researchers and participants, in addition to paying attention to traffic and price fluctuations, they should also deeply consider the core risks of each platform's mechanisms and future development potential in order to find projects that are truly worth long-term attention.