CrazyMeme

Key points of CrazyMeme

1.What’s CrazyMeme?

CrazyMeme is the first and fairest meme launch platform using Dutch auctions.

We have proposed and implemented the ultimate solution for meme coins.Our product is a revolutionary innovation.We are creating the next generation of top meme coins.

Similar to the PoW mechanism, we also generate a fixed amount of tokens with each block, meaning we use smart contracts to implement and replace the PoW output.

This mechanism prevents early participants from obtaining a large quantity of tokens at a low price shortly after the launch.

We use smart contract to create real fair meme coin,just like POW BTC/DOGE,we can call it Smart BTC/DOGE.

Our product combines memecoin fair launch(SHIB/PEPE/pump.fun) + PoW distribution mechanisms(BTC/Doge) + Dutch auctions(CrazyMeme’s original innovation) + on-chain presales(Bome) + AMM DEX functionality.  

It’s a business opportunity valued at more than $1 billion to $10 billion, and we will surely become the leading DApp in the industry.

We spent nearly a year designing and iterating the product,and launched on the Solana mainnet in October 2024.

We are integrating EVM chains,and plan to launch on TON/BTC/SUI/Aptos,etc.

2.The development process of CrazyMeme

Timeline

Exploration Phase

2023.12  Started developing smart contracts and deployed three versions on Uniswap V1, all of which failed.

Reason for failure:the initial liquidity pool was too small and attacked by MEV bots.

CrazyMeme V1

2024.05  Discovered a completely new solution: abandoning the creation of liquidity pools on Uniswap V1 and building our own DEX:CrazySwap.

Started the smart contract development.

2024.10  Completed the CrazyMeme V1 version and launched on the Solana mainnet.

CrazyMeme V2

2024.12 Identified an improved solution: creating liquidity pools on Uniswap V3 and customizing price ranges when adding liquidity to effectively avoid MEV bot attacks.

Started the smart contract development.

CrazyMeme V2 Solution

Step 1: Meme Coin Creation

Users spend 50 USDT to purchase 0.01% of the total supply, equivalent to 100,000 tokens.

At the same time, users need to set an Auction Duration, ranging from 1 hour to 100,000 hours.

Step 2: Adding Initial Liquidity

The smart contract mints an additional 100,000 Meme Tokens and pairs them with 50 USDT to create an initial liquidity pool on Uniswap V3.

Step 3: Distribution of Remaining Tokens

The remaining 99.98% of tokens will be distributed linearly per block over the Auction Duration for users to purchase:

Users spend USDT to purchase tokens from the auction distribution;

The smart contract automatically adds the USDT paid by users into the Uniswap V3 liquidity pool.

3.long-term plans

We have many long-term plans for the product, such as:

1.Mobile wallet: To make it more convenient for users to buy meme coins, including fiat payment options.

2.Leverage products: To allow users to trade meme coins with leverage, both long and short.

3.Social features: It can be said that social features are most suitable for meme platforms, as we expect to have tens of millions or even billions of users. With such a user base, adding social features is very fitting.

Square Feature: Develop a ‘post’ feature within two months.

4.Live streaming/short video features.

4.What’s the difference between Crazy.meme and other platforms?

We are very different from other platforms in several ways:

1.We offer a truly fair meme launch, unlike other platforms, which are quite unfair.

Similar to the PoW mechanism, we also generate a fixed amount of tokens with each block, meaning we use smart contracts to implement and replace the PoW output.

Our product is a revolutionary innovation.We use smart contract to create real fair meme coin,just like POW BTC/DOGE,we can call it Smart BTC/DOGE.

2.We use Dutch auctions, while other platforms do not. In fact, our approach is the opposite of theirs.

3.We are a DEX, whereas other platforms are not.

4.We have implemented extensive multi-indicator data for meme coins, which other platforms haven’t yet integrated.

5.We are deployed across multiple chains, whereas other platforms operate only on one chain.

5.What is the future potential of CrazyMeme?

Due to the extreme unfairness in most platforms, 95% of users are afraid to invest in early-stage meme coins, as it’s easy to lose money and difficult to make profit. In fact, many users have left the market after losing money in these early-edge meme coins. The remaining 5% of active users only invest small amounts in them.

However, with the true fairness offered by CrazyMeme, all users in Web3, and even those from Web2, will rush to the CrazyMeme platform to buy early-stage meme coins. The market potential is hundreds of times larger than Pump.fun.

We aim to become the leading DApp, surpassing platforms like Pump.fun. CrazyMeme has the potential to achieve daily profits of $5 million within six months, making us the most profitable DApp in Web3 history.

6.Creators like ‘fake fair launches’ because they benefit from them. If you remove the ‘hidden’ perks for creators, how will you attract them to CrazyMeme?

The creators and users are often opponents on current meme launch platforms. However, on CrazyMeme, both creators and users align in terms of benefits, as we share half of the trading fees with creators. Creators, in turn, could earn long-term benefits from our platform.

Trading Fee Allocation: A 2% fee applies to all trades. Half of this fee supports the creator, while the remaining 50% funds the protocol.

7.How many people will receive the airdrop?

1.twitter airdrop

For example, if we assume the average score of a Twitter account is 100, we will distribute 500K $CRAZY token per account. With a total allocation of 45B for Twitter accounts, this means nearly 100K Twitter accounts will receive the airdrop.

2.Address Airdrop

Addresses with a total balance exceeding $500 at the time of the snapshot are eligible to receive 10,000 $CRAZY Tokens.

$500 - 10,000 $CRAZY

$1,000 - 20,000 $CRAZY

$1,500 - 30,000 $CRAZY

$2,000 - 40,000 $CRAZY

$2,500 - 50,000 $CRAZY

If we assume the average airdrop for address is 20,000 $CRAZY token,with a total allocation of 40B $CRAZY,this means 2M addresses will get the airdrop.

This will be one of the largest airdrops in the Web3 industry.

8.What do you expect from them receiving it ? / how do you prevent them from dumping tokens immediately? ( vitalik would typically sell and donate for example)

We designed the airdrop plan to make our project known to Twitter KOLs and high-quality addresses,and that’s our main goal.We have confidence in our innovative mechanism. This is a true fair launch platform, and they will love it.

Additionally, we provide them with a reason to hold the $CRAZY tokens, as doing so grants them trading fee discounts ranging from 20% to 50%.New users will also buy $CRAZY on the secondary market to benefit from these discounts.

We have designed nearly all the $CRAZY tokens for the airdrop (90% for airdrop, 10% for launchpool). Users will not be concerned about the large amount held by the team. It’s also a kind of meme token, so users are more likely to buy and hold rather than sell immediately.

Unlike other meme coins, they allocate a large proportion of the tokens to Vitalik, whereas we are only giving him 20M in airdrops (he is second in Twitter scoring with a score of 4979).

9.Five stages of meme coins

Meme coins have been part of the industry since the advent of Bitcoin.

• Meme Coin 1.0: The first generation of meme coins, represented by Bitcoin and Dogecoin, operates on a PoW (Proof of Work) mechanism that issues tokens per block.

• Meme Coin 2.0: The second generation appeared in the last bull market cycle with tokens like SHIB and PEPE.etc. These projects launched with small initial liquidity pools and pump the price as buying volume increased. This model is widely seen as unfair and has become a problematic trend in the industry that needs addressing to promote healthy growth.

• Meme Coin 3.0: The third type, exemplified by projects like BOME, uses public fundraising and presales with all raised funds going into the liquidity pool. This approach has a degree of fairness, but it lacks decentralization and trust, limiting broader user participation. Factors such as short fundraising windows, trust issues, and the inability to trade freely during the funding period contribute to its limitations.

• Meme Coin 4.0: This model focuses on full distribution via airdrops. Airdrops have always been a strong distribution method, existing for a long time. Our platform token will adopt this model to reach a wide user base across the network.

• Meme Coin 5.0: crazy.meme

Our current method of block-by-block fair distribution through smart contracts is a revolutionary improvement over the 2.0 model. This approach not only advances the industry in a positive direction but also enhances the ecosystem’s value, creating a beneficial impact for the market as a whole.

Additionally, this approach is profitable, presenting a business opportunity valued more than $1 billion to $10 billion.Ideally, we would like to attract support from Vitalik, as he genuinely contributes to the blockchain industry. Current meme coins have been damaging the ecosystem, but with our innovation, it’s time to lead the industry into a new phase.

10.What’s the vision of CrazyMeme?

As we discussed before with Meme Coin 2.0, the initial liquidity is small, and a few hundred to a few thousand people with limited funds can drive the price up by more than 100 times. As a result, the initial user base is small, and this situation is inherent to the mechanism. Eventually, most of the meme coins will fail.

On the contrary, CrazyMeme doesn’t allocate 100% of tokens to the initial liquidity. Instead, it uses Dutch auctions to distribute tokens linearly into the liquidity by block. This allows CrazyMeme meme tokens to accommodate tens of thousands to hundreds of thousands of users during the auction cycle. Through this mechanism, the meme coins on CrazyMeme will have a much higher chance of becoming top MEMEs, with the market cap potentially reaching $1B, $10B, or even higher.

11.Market analysis

The Current Market: Unfair Creation Mechanisms for Meme Coins

The creation process for Meme Coins in the current market is extremely unfair. From SHIB and PEPE to Pump.fun, these coins are essentially controlled by teams who spend a small amount of money to acquire a large portion of the tokens, pump their value through marketing, and then encourage others to buy in. Only a few Meme Coins successfully make it to listed on Binance, which is considered the ultimate goal, while 99.9% of Meme Coins fail. This process results in significant losses for users and their investments.

Since late last year, we’ve been searching for a truly fair solution. We launched one protocol version before the New Year and two or three additional versions at the start of the year, all of which failed. In March, we launched a protocol on the Ethereum mainnet, with liquidity pools added to Uniswap. However, due to the small size of the initial liquidity pools, MEV bots attacked them, rendering the protocol incapable of automatically adding liquidity and performing buybacks, which led to another failure.

In May, we came up with a genuine solution: building our own DEX and limiting the maximum buy-in per transaction. This successfully prevented MEV bot attacks while enabling token distribution by block.It marked the first time the product framework truly took shape. We then expanded the development team and spent several months developing the product, which is now live on the Solana mainnet.

A decentralized presale platform

In March of this year, Bome successfully launched on Binance three days after its presale, sparking a wave of interest in Meme Coins. This inspired numerous similar Meme Coins, some of which raised tens of millions of dollars during presales (e.g., Water and Taiwan Machi Big Brother). While presales are seemingly fair, offering the same price to all participants, they are fundamentally centralized. Many teams raised tens of millions but only added a small portion (e.g., $1–2M) into liquidity pools, severely damaging market trust.

Our mechanism, on the other hand, is a decentralized presale platform. Users can enter or exit the presale at any time through trading, because the product is a standard AMM DEX.

From the Exchange Perspective

Currently, there are no decentralized, fair solutions in the market. Even the leading exchanges are forced to list these unfair Meme Coins. A typical Meme Coin grows its market cap from a few thousand dollars to hundreds of millions, and exchanges like Binance list them when most tokens are still controlled by the issuing team. This effectively makes exchanges the exit liquidity for these teams. Clearly, this is not the exchanges’ intent. The industry needs better and more comprehensive solutions, and this is where we create value.

PoW (Proof of Work) is traditionally used to determine token allocation for each block. Our mechanism releases tokens generated per block into the liquidity pool, allowing users to purchase them. Essentially, this functions like a “proof of buying” mechanism.

Our mechanism represents the ultimate solution for the industry, comparable to Bitcoin’s issuance model. From this point forward, the PoW mechanism becomes unnecessary, reducing energy and resource consumption.

Untapped Potential in the Meme Market

Platforms like Pump.fun currently cater to only about 5% of the market. Even so, they generate $200M in fees with just tens of thousands of daily active users. Most Pump users, however, only invest small amounts because the risk of loss is too high. Many have stopped playing after realizing the chances of winning are too low. This highlights a massive untapped market.

Our fair mechanism can activate the entire Web3 user base. Beyond that, it can also easily attract Web2 users. By offering a fair Meme Coin system, even web2 novices can confidently invest-without fearing significant losses. The market potential is exponentially greater than Pump’s.

How We Differ from Traditional Meme Coins

Platforms like Pump.fun profit $200M, but they are fundamentally unfair gambling platforms. We, on the other hand, target the mid-to-high-end Meme market. This is a fair system with far greater potential. Our product, which we’ve spent nearly a year perfecting, will disrupt the Meme industry and usher in a new era for Meme Coins.

Our mechanism can attract tens or even hundreds of thousands of independent users during the auction period. This significantly increases the user base and expands consensus, enhancing the likelihood of creating Meme Coins with $1B or even $10B market caps. In contrast, current small-cap Meme Coins often struggle to gain traction. Even if they reach a market cap of hundreds of millions, their independent holder addresses typically number only in the hundreds or thousands, severely limiting their growth potential.

Industry Outlook

The introduction of Dutch auctions will reshape the Meme Coin industry. A significant number of current Meme Coin users will transition to this fairer model. Additionally, more moderate-risk users, who previously avoided Meme Coins, will join in. This will drive a rapid and sustained expansion of the Meme Coin market, in both user base and capital.

A fair mechanism will first attract users, which will in turn push Meme Coin creators to adapt and join this new Meme Coin paradigm.

This new wave will revolutionize the Meme industry and establish a fairer, more sustainable market.