Analysis(0, 1): Innovating Fair Launch with Random Hash
TL; DR
- Analysoor is the first Meta Protocol on the Solana blockchain, employing a unique method to create and distribute NFTs and tokens. It provides users with a Fair Launch minting mechanism by using block hash values as a random number generator and selecting only one winner in each block. This mechanism has been proven successful, effectively eliminating the impact of bots in the minting of $ZERO and Index ONE NFTs.
- Fairness and liquidity guidance are the core values supporting Fair Launch. Under this mechanism, there are no pre-sales or whitelists, no team allocations, and no GAS fee front-running transactions. Everyone starts from the same line, and differences in capital size don’t confer a competitive advantage during minting. The fees generated from minting are not directed to the project team or miners’ wallets but are wholly used to create liquidity, nourishing the ecosystem and community, forming a positive feedback loop.
- Analysoor is building a strong community consensus, with its value and potential being increasingly recognized and acknowledged. Its developers are also continually combating potential bot activities with more innovative methods, ensuring fairness is maintained and guaranteed over the long term. The application of AI algorithms and machine learning is likely to be the next significant development.
- Compared to the market values of other mainstream Launchpad projects on public blockchains like Auction, Turt, and Bake, Analysoor’s current market value might be significantly undervalued. Given that there’s no leading Launchpad protocol in the Solana ecosystem yet, Analysoor has the potential to assume this role, promising significant value growth in the future.
- The market’s demand for fairness and transparency is growing. Thus, Fair Launch mechanisms will likely become a trend, making 2024 a potential breakout year for Meta Protocols, especially on high-performance public blockchains like Solana. As a pioneer of Fair Launch on the Solana chain, Analysoor has tremendous potential and a strong vision. We might see it being brought to a more diverse competitive landscape in the future.
Preface
Since the beginning of 2023, the blockchain inscription market, exemplified by the Ordinals protocol and its derivatives, has rapidly gained immense popularity. However, this market fervor has highlighted an increasing demand for more efficient blockchain functionalities, lower GAS fees, and simplified operations.
Concurrently, the Solana ecosystem has undergone an impressive rebound. Driven by a variety of innovative projects and a strong ecosystem, Solana is set to become a leading contender in the bullish market again, particularly with its high throughput and low latency in transactions being vital for the inscription and NFT markets. As of December 17, 2023, the number of inscriptions on the Solana blockchain has exceeded 1 million.
Capitalizing on the distinct features of the Solana ecosystem, Analysoor has developed an innovative Fair Launch mechanism, aimed at resolving the fairness issues in traditional models. This approach is poised to bring a significant transformation to the inscription and NFT markets.
I. Protocol Overview
The Analysoor Protocol is an innovative inscription and NFT minting protocol on the Solana blockchain, and it is the first Meta Protocol in the Solana ecosystem. It wonderfully blends the high throughput, low transaction fees, and rapid confirmation features of the Solana ecosystem with the essence of the Ordinals protocol.
This fusion has resulted in a gambling-like “block lottery” minting mechanism. Its core value lies in addressing the fair distribution and liquidity guidance issues in the minting process of inscriptions and NFTs. By leveraging the Fair Launch, it effectively filters out bots, creating a completely fair, transparent, low-barrier, and user-friendly minting environment for truly passionate participants.
When other deployers use Analysoor for minting and distribution activities, its Fair Launch mechanism will effectively attract a large number of genuine users to actively participate. These users can bring a significant amount of attention and discussion to the minting subject in a short time, promoting the rapid formation of community consensus.
Under the Fair Launch mechanism, whether you are a big whale with substantial capital or a newcomer to the circle, everyone is on the same starting line with equal opportunities to earn profits. A more decentralized and equitable distribution also further enhances the community’s voice. We have every reason to believe that Analysoor is initiating a major disruptive wave in the public blockchain inscription protocol and look forward to it becoming a leader and flagship project in the inscription and NFT minting launchpad within the Solana ecosystem.
Currently, Analysoor is still in its early stages, and its protocol and ecosystem have vast potential for imagination and development. As of now, the protocol has not engaged in fundraising activities, nor are there plans to do so.
II. Developer and Community Development
Analysoor was founded by @Pland__, a data scientist and engineer with exceptional technical skills and innovative thinking. Since its launch, Analysoor has sparked widespread discussion in the crypto community, attracting significant user interest.
Moreover, Pland has stated in the community that, due to his background in Data Science, he is exploring integrating more AI algorithm elements into the protocol for continuous improvement and further innovation. This approach has heightened the community’s expectations for Analysoor’s future development.
Despite the substantial time and effort Pland has invested in building and innovating the protocol, he has also devoted considerable effort to community development. Pland actively communicates with participants in the community every day, seeking opinions and answering questions, which is crucial for maintaining community engagement and building consensus.
At the same time, Pland has established discussion channels in different languages (such as Chinese, Japanese, Korean, French, etc.) in the DC community. This not only avoids misunderstandings about the project due to language barriers but also provides a platform for discussion among members who speak the same language, aiding in spreading the protocol across a broader multilingual community.
As of the date of this writing, according to Solscan’s on-chain data, the number of holding addresses for the protocol’s token $ZERO is 7,866. Within 48 hours of opening the protocol’s DC community, the number of community users had already exceeded 500 and continues to rise (entry to the community requires holding at least 100 $ZERO tokens or 1 Index ONE NFT).
III. Protocol Revenue Sources
The developer currently only collects a 2.5% royalty from the Index ONE NFT project. Pland has indicated that this revenue is sufficient to sustain the operation of the protocol. Additionally, Pland holds about 1.69% of the total supply of $ZERO (currently the fourth-largest holding address on the chain, totaling approximately 355,000 tokens). He has repeatedly stated that his goal is the long-term development of the protocol, rather than being a short-term rugger.
3.1 Problems with Traditional Deployment Mechanisms
On October 3, 2023, a Twitter user named Rijndael exploited the “first come, first served” nature of BRC-20 and the public nature of most Bitcoin transactions to launch a BRC-20 sniper bot named Sophon. This bot monitors transactions minting BRC-20 inscriptions and then front-runs these transactions by increasing the GAS fee.
This method allowed Rijndael to reliably defeat other BRC-20 inscription minting transactions in the block, making his own transaction the “official” one. Ultimately, this gave him the power to alter the total supply and maximum minting amount of the token.
Following this, Rijndael decided to set the supply of each token deployed with Sophon to 1, meaning each token would have only one owner. This effectively halted the development of the tokens by completely preventing their circulation.
As illustrated in the provided graph, following the deployment of Sophon, the BRC-20 inscription activities on the blockchain experienced a sharp decline. The daily activities became minimal, even dropping close to zero. Later, as Sophon’s funding was depleted, the number of activities returned to their previous high levels. Post-event, according to data released by Rijndael, Sophon spent only 0.0129 Bitcoin and achieved a 75% success rate in front-running transactions. Essentially, Rijndael single-handedly created a brief “bear market” scenario in the then-booming BRC-20 inscription market with this strategy.
Despite Rijndael proving post-event that his intention was merely to stress-test and experiment with ideas, rather than to harm the ecosystem, the incident still serves as a cautionary tale. It raises crucial questions: What would the market look like if multiple Sophon bots were operational simultaneously? Would there still be opportunities for general participants to engage in the market?
At the very least, this scenario highlights a significant concern: when a few individuals can dominate the entire market through technological means or capital advantage, the interests of average investors cannot be fully protected. This underscores the need for robust mechanisms to ensure fairness and protect the integrity of the market, especially against potential manipulative practices.
3.2 Analysoor’s Fair Launch Mechanism Implementation
Analysoor’s Fair Launch mechanism eliminates the need for users to engage in frenzied bidding wars by significantly increasing GAS fees, as seen in traditional minting models. Instead, each user’s cost to participate in the minting process is fixed. When users participate in minting, it can be conceptualized as buying a “block lottery ticket”. The randomly generated hash value of that block then serves as the basis for determining which transaction (or “lottery ticket”) within the block is the winner.
Fundamentally, the first digit in the block hash value is used as the lottery number, and the parity (odd or even nature) of the numeric combination in the hash value determines the counting order (in most cases, each block’s hash value will contain at least one digit). Thus, the logic for determining the winner can be divided into two scenarios. Here are examples of how these two scenarios would work:
This judgment logic provides a dual-layer security measure for the distribution process in minting. Under this mechanism, if someone wants to manipulate the minting process, they would need to purchase a large number of “lottery tickets” within a block — ideally at least 20 — to try to hold 10 transactions ranging from 0–9 both at the top and bottom of the block. This would turn into a costly “gamble.”
Additionally, the developers of the Analysoor protocol retain the option to make minor, random changes to the judgment logic in future minting activities. This information will be announced after the completion of each minting event, with verification channels open to users. The core aim remains to prevent bots from finding ways to disrupt the market in a long-term fixed pattern, thus further reducing the likelihood of compromised fairness.
Moreover, in the Analysoor protocol, the costs incurred by users during the minting process do not flow to miners as GAS fees nor to the developer’s wallet. Instead, these fees are entirely reinvested into the inscription projects that investors mint. For instance, in the minting process of $ZERO, all incurred fees are added to the AMM pool to provide liquidity.
For the Index ONE NFT minting, all collected fees are used to support the floor price of ONE, ensuring holders can always sell ONE at a minimum price of 2.5 Sol. This approach effectively prevents liquidity from draining out of the inscription ecosystem, and the generated profits will attract investors to reinvest, nurturing the ecosystem and creating a positive feedback loop.
3.3 Efficacy of Analysoor’s Fair Launch Model
In this section, we will analyze the effectiveness of Analysoor’s Fair Launch model in achieving fair distribution, using statistical data from the minting process of $ZERO as a basis for evaluation.
According to the latest statistics, in the $ZERO minting process, a total of 4,914 addresses participated. Among them, 2,654 addresses successfully completed at least one minting, accounting for 54%. There were 113,244 attempts in total, with a calculated weighted average success rate of 9.27%. Now, we will plot each participant’s number of attempts and their corresponding success rates on a scatter plot.
From this graph, we can see that under Analysoor’s Fair Launch model, the distribution of winning percentages remains relatively flat as the number of attempts increases, without any significant improvement. On the contrary, the “lucky ones” often appear among participants with a lower number of attempts. As the number of attempts increases, their winning rate tends to converge towards the weighted average success rate.
From the box plot, we can further observe the distribution of participants’ success rates. The third quartile (Q3) is approximately 13.04%, indicating that 75% of participants have a success rate below this figure. Combined with the previous scatter plot, it’s not hard to discern that these remaining 25% of participants are those “lucky ones” who have attempted fewer times. This is a very normal occurrence in a lottery mechanism and does not impact our expected outcome of fair distribution.
At the same time, the results of the linear regression show a coefficient of -0.0056 for the number of attempts, and a P-value of 0.162, which doesn’t allow us to reject the null hypothesis. Hence, this result further confirms that there is no significant linear relationship between the success rate and the number of attempts.
In summary, the strategy of increasing costs to suppress other participants by relying on the amount of capital is not applicable in Analysoor’s Fair Launch model. Participants need not worry that the size of their capital will affect the fairness of their distribution results.
This also corroborates our earlier point that Fair Launch provides an equal starting line for small investors and large whales, and there has been no indication in the $ZERO minting process of any behavior that would compromise fairness.
3.4 How Machine Learning and AI Algorithms Can Address Potential Risks?
Thanks to Solana’s high throughput and block generation speed, using block hash values as a random number generator and selecting a winner in each block has brought us an exciting level of fairness. However, this approach is not without its risks.
During the minting of Index ONE NFTs, we observed transaction volumes on the Solana chain reaching an average of about 7,000 transactions per minute, approximately 120 TPS, all stemming from this single minting event.
As the demand for Fair Launch significantly increases in the future, along with a surge in on-chain minting activities, high loads could potentially lead to a situation where a single block can’t efficiently accommodate all minting transactions, disrupting the smooth flow of the minting process. More critically, this might render the fairness of the lottery mechanism, which relies on block hash values, ineffective, limiting the widespread adoption of Analysoor’s Fair Launch.
Thus, exploring alternative potential solutions becomes an important consideration. Machine learning and AI algorithms offer new solutions and directions for mitigating this risk.
Pland suggests that the classification methods in AI algorithms are worth exploring. Specifically, AI would be trained using Solana’s complete historical data to determine whether an address engaged in secondary market activities qualifies as a standard participant or holder. In this process, multiple data oracles providing the same proof will be integrated into the system, assisting the AI in assigning weights to these addresses based on factors like transaction frequency, volume, market impact, and asset size, to serve as filtering criteria.
In essence, we would rely on AI algorithms to set thresholds to filter out suspicious bot addresses (similar to filtering spam emails). The level of these thresholds would be chosen by the deployers of each different token, and the lottery method would shift from ‘drawing once per block’ to ‘drawing all winners at once from a larger pool’.
Unlike the existing mechanism, in the new proposal, liquidity guidance will no longer be a requirement. Therefore, we are likely to see a scenario where only the winners need to pay a participation fee upon the announcement of the winning results, with the fees for non-winners being fully refundable. However, the specific adoption scheme can continuously be adjusted and varied according to market conditions and demands.
This approach would propel Analysoor towards true decentralization and address the potential issue of Solana block overloads, laying the foundation for its widespread adoption. As a Launchpad service provider, the diversified deployment options and flexibility will allow deployers to customize TGEs based on Fair Launch according to their and the market’s needs, significantly enhancing Analysoor’s appeal to token issuers.
However, some key issues still warrantour attention moving forward. The biggest challenge of this mechanism lies in ensuring that the process of calculating weights can comprehensively consider various factors while maintaining fairness. If the threshold is set too low, bots might be able to increase their chances of winning by entering the prize pool with numerous addresses.
On the other hand, if the threshold is too high, it might create an effect similar to a whitelist, which also contravenes the core principle of fairness. Another aspect that needs clarification is whether the weights calculated by the algorithm will affect an address’s chances of winning, which could lead to widespread discussion among users about fairness. Besides, the risk of hackers attacking oracles for malicious purposes is also a factor that must be considered.
If these issues can be truly resolved, we have ample reason to believe that Analysoor is writing a new chapter in the history of on-chain token issuance and is poised for significant value growth in the future. Therefore, we eagerly anticipate seeing the specific implementation plans that Analysoor will propose in these areas.
IV. Tokenomics
4.1 $ZERO
$ZERO is the first token issued by Analysoor using its Fair Launch model and is also its only SPL Token (Smart Contract Token on the Solana blockchain). The total supply of $ZERO is set at 21 million tokens. Half of this supply, amounting to 10.5 million tokens (50%), was offered to successful minters, while the remaining 10.5 million tokens (50%) were used to create liquidity on an Automated Market Maker (AMM). Notably, there are no allocations for the team, nor are there any private sales or presales involved.
In the AMM, 98% of the LP Tokens will be locked until April 20, 2026, with the generated profits being automatically reinvested back into the AMM to further expand liquidity. The minting rights for $ZERO have been renounced, ensuring that there will be no additional issuance in the future.
During the minting process of $ZERO, a total of 8,847.3 SOL was generated in minting fees. All these fees were deposited into the AMM on Metaora.
As of now, according to data from Metaora, the TVL (Total Value Locked) in the AMM pool for the SOL and ZERO trading pair has reached 9.32 million, making it the highest TVL AMM pool on Metaora.
In terms of market capitalization, $ZERO currently has a market value of 38.01 million (with a current price of $1.81). Considering that Analysoor is the pioneer of the Fair Launch mechanism on the Solana blockchain, coupled with its strong vision for future development and the potential increase in market demand for Fair Launch mechanisms, there is reason to believe that its market value is still undervalued.
4.2 Token Holding Situation
According to data from Solscan, there are currently 10 addresses on the blockchain that hold more than 1% of $ZERO each, accounting for a total of 32.4% of the tokens. The remaining addresses collectively hold 67.6% of the tokens. Among these, the developer Pland is the fourth-largest token holder, owning 1.69% of the tokens.
4.3 Value Capture
Currently, there is no clear consensus on the empowerment aspect of $ZERO. In Analysoor’s third deployment activity, which was also the minting event for the first community MEME token $WHEN, participants were required to pay 1 $ZERO and 0.05 $SOL for each minting attempt.
However, this arrangement is not a long-term definitive empowerment for $ZERO. All $ZERO fees generated from this minting event are being deposited into a wallet, aimed at accumulating sufficient liquidity for its future listing on three major centralized exchanges. This provides community members and holders with certain expectations for its future listing, but the long-term application scenarios for $ZERO are still unclear.
4.4 Index ONE NFT
Index ONE is the first NFT issued on Analysoor, with a total of 10,002 units. Among these, 2 are rare NFTs that did not participate in the minting process. Of the remaining 10,000 units, 9,708 were successfully minted. To ensure fairness, the remaining 292 units will be burned.
During the minting process of ONE, approximately 25,000 addresses participated, resulting in 536,136 minting attempts. This generated about 26,000 $SOL in minting fees, with an average success rate of around 2%.
From these statistics, we can observe that even for those addresses with the most attempts in this minting process, their success rates were not significantly higher than the average rate of 2%. This again indicates that a large capital volume does not create a significant competitive advantage under this Fair Launch mechanism, thereby avoiding unfairness.
It’s noteworthy that the reason why all 10,000 NFTs were not fully minted was due to an unusually high number of minting requests per block, reaching 110–130, towards the end of the minting process. This raised concerns from the project team about potential bot activity, leading them to prematurely end the minting to prevent any compromise to fairness.
Of all the minting fees generated, 5,000 $SOL were allocated for floor price protection in four NFT markets. This mechanism ensures that the price of ONE never falls below 2.5 $SOL. If someone triggers this protection mechanism and sells ONE at this price, that particular ONE will be burned and not re-enter the market. The additional 21,000 $SOL were staked at a 7.3% APY. Assets worth $100,000 from this will be withdrawn to pay the artists who design the ONE NFT. The use of the remaining staking profits is yet to be determined, but one possibility is that they may be used to bolster the floor price protection.
ONE is already available for NFT lending on Banx and is slated to be featured on more similar platforms. The final design of the ONE NFT will be determined by a community vote, with the aim to create an NFT that is comparable to, or even surpasses, Bitmap and Solmap in quality. To provide some context, Bitmap currently has a market value of approximately 254 million, Solmap’s market value is around 15 million, while ONE currently stands at a market value of about 6.6 million.
4.5 A Misconception
When trading Index ONE on the NFT market, traders might observe rarity indicators like those shown in the image, and it’s possible to notice that ONEs with higher rarity seem to be priced significantly higher than those with lower rarity. However, developer Pland has clarified in the community that this perceived rarity is actually a bug and does not represent the true rarity of the NFTs. In reality, among the 10,002 ONEs minted, only 2 are genuinely rare.
While we can’t completely rule out the possibility that the developers might reconsider designing around this perceived rarity in the future, at least for now, investors should be aware of this fact. It’s important to understand this before making any investment decisions regarding Index ONE NFTs.
4.6 Value Capture
Similar to $ZERO, there is no clear consensus yet on the specific empowerment of ONE NFT. In the minting event of the community MEME token $WHEN, holders of ONE NFT will share 3% of the total supply of $WHEN as an airdrop reward.
However, this arrangement is not a definitive long-term empowerment for ONE NFT as well. Analysoor will not obligate other deployers using its launchpad to distribute airdrops to ONE holders in the future. This policy is based on the belief that such a requirement could significantly reduce the number of potential deployers interested in the platform, which would not be conducive to the long-term development of Analysoor. Therefore, while ONE NFT holders may benefit from occasional incentives like the $WHEN airdrop, these should not be considered as guaranteed or regular benefits associated with holding ONE NFTs.
In terms of fully diluted market cap, a comparison with three other current mainstream Launchpad Services reveals that Analysoor’s market value still has significant potential for growth. This comparative analysis suggests that, relative to its peers in the sector, Analysoor is potentially undervalued and has room for upward valuation adjustment. Such comparisons are often used by investors and market analysts to gauge the growth potential and positioning of a project within its industry. As the market and technology evolve, Analysoor’s innovative approach and offerings could lead to further increases in its market value.
In summary, although the long-term empowerment of $ZERO and ONE has not yet been decided, the developers have made it clear that they are actively seeking solutions that combine $ZERO and ONE for mutual benefit, without affecting the long-term development of the protocol.
What we can be certain of at this point is that both $ZERO and Index ONE will continue to be the only two tokens associated with the intrinsic value of the Analysoor ecosystem. They also represent the pioneering ‘totems’ of the Fair Launch model on the Solana blockchain. This status provides motivation for us to become early holders and to anticipate significant future value growth. The core value support for these tokens will still derive from the market’s increasing demand for the Fair Launch mechanism in the future.
V. Future Development Plans for Analysoor
Developer Pland has shared in the community that before allowing more external projects to use Analysoor for token deployment, he plans to focus on establishing a better Legal Structure. This includes creating public verification channels for minting activities on the blockchain. Concurrently, he aims to develop the community around the first community MEME coin, $WHEN, and the artistic process for Index ONE NFT, as well as further enhance the Analysoor website to make it more user-friendly for new users. Most importantly, the development team will continue their efforts to combat bots, including but not limited to the use of AI technology, to maintain a stable and long-term Fair Launch mechanism.
In the future, we may see Analysoor collaborating with more projects within the Solana ecosystem. The goal would be to uphold fairness while expanding its Fair Mode beyond just serving as a Launchpad for MEME coins and NFTs, potentially bringing its fair launch approach to a wider array of applications and projects. This expansion would not only enhance Analysoor’s footprint within the Solana ecosystem but also contribute to the broader blockchain and crypto communities by setting standards for fair and equitable token launches.
Outlook — How Will the Fair Launch Mechanism Transform the Market？
As the market’s demand for fairness and transparency continues to grow, the Fair Launch approach is set to become a more favored option, particularly in the cryptocurrency market where there is an increasing focus on decentralization and equal participation. The Fair Launch model aligns well with these values. Moreover, as regulatory environments become more sophisticated, the Fair Launch method might be seen as a more compliant and acceptable way to initiate projects. The Fair Launch model possesses several key characteristics and advantages:
1. Fairness and Equal Opportunity: The core of a Fair Launch is to provide equal opportunities to all participants, regardless of their background or financial resources. This approach enhances the overall inclusiveness of the project, contributing to higher trust and broader adoption within the community.
2. No Pre-mining or Presale Tokens: In a Fair Launch, all tokens are created and distributed in a transparent manner after the project’s initiation. This means there’s no unfair advantage of having a large number of tokens before others, for any individual or group. Typically, in the Fair Launch model, project owners add liquidity directly to decentralized exchanges (DEXs), making the tokens tradable from the onset (as done by Analysoor with the minting of $ZERO, for example).
3. Preventing Price Manipulation: Fair Launch development teams continuously implement measures to prevent bots. These measures aim to maintain market fairness, preventing price manipulation and unfair trading practices.
4. Community Involvement: Fair Launch often emphasizes community engagement and participation. This might include community voting, open discussions and forums, and other methods to ensure everyone has a say in the project’s development. This community-driven approach fosters long-term participation, creates a loyal user base, and can lead to a more resilient and decentralized network.
5. Risk Reduction: By creating a fair competitive environment and involving a broader community, Fair Launch helps to reduce the overall risk associated with new cryptocurrencies or blockchain projects. This helps in preventing potential scams or fraudulent activities, which are significant risks for investors and users in the crypto space.
In summary, Fair Launch, as a potent concept, is revolutionizing the realms of cryptocurrency, blockchain, and finance. By fostering equality, transparency, and community involvement, Fair Launch is redefining the way cryptocurrencies and tokens are distributed. It effectively prevents the concentration of wealth and power and promotes the growth of decentralized networks. As the industry continues to evolve, both projects and investors need to embrace the principles of Fair Launch.
With market participants increasingly valuing fairness and transparency, we anticipate Fair Launch becoming more popular in the future. Given that Analysoor is a pioneer of Fair Launch on the Solana chain, there is good reason to believe it will benefit from the expansion and evolving demands of the entire ecosystem.
If you’re an enthusiast of inscriptions and NFTs, longing to participate fairly in the market and tired of endlessly being caught up in the ‘GAS fee war’ during this frenetic inscription craze, then Analysoor’s Fair Launch mechanism is definitely a golden opportunity worth exploring.
VI. Conclusion and Risk Advisory
Based on the discussion, we can summarize the main advantages and risks associated with Analysoor as follows:
Advantages：
1. Analysoor possesses a powerful vision and narrative, introducing new dimensions and possibilities for NFT minting and token distribution within the Solana ecosystem. This forward-thinking approach is poised to greatly satisfy the needs of investors and the market.
2. Considering that several projects have already incorporated this mechanism, Analysoor is well-positioned to leverage its early-mover advantage to develop and integrate various innovative forms of Fair Launch. This will provide more diversified TGE (Token Generation Event) options for project deployers and participants in the future, potentially making Analysoor a multifunctional Launchpad on Solana.
3. Analysoor’s approach demonstrates a commitment to innovation and adapting to the ever-changing market trends and user needs. This is instrumental in building a stronger community and enhancing the robustness of its ecosystem.
4. The Analysoor protocol is still in its early stages, and the value of its tokens, $ZERO, and NFT ONE, are currently undervalued. This presents favorable odds for investors. Additionally, the concept of combining $ZERO and ONE for empowerment provides holders with a larger scope for future potential.
Potential Risks：
1. While the Fair Launch model provides a more equitable starting point, it does not guarantee the success or feasibility of a project. Ensuring true fairness and transparency can be challenging. The process may still be susceptible to manipulation by those with more resources or technical expertise, including but not limited to smart contract vulnerabilities, hacker attacks, or other security issues.
2. Currently, the degree of decentralization in Analysoor is not fully realized, with its developers still holding ultimate decision-making power. This level of control could raise concerns about the project’s adherence to decentralized principles.
3. As Analysoor moves towards open-sourcing, its innovative Fair Launch mechanism could be subject to imitation. Considering the small team size and limited funding of Analysoor, imitation by larger teams with more substantial funds and stronger development capabilities could significantly impact Analysoor’s influence in the market.
Overall, we maintain a strong positive outlook on Analysoor’s Fair Launch model and its future development. We anticipate that Analysoor will emerge as a leading project in the Fair Launch and Launchpad space on the Solana chain, ultimately spearheading a transformative revolution in the entire cryptocurrency industry. Our expectation is rooted in the innovative approach and potential impact that Analysoor’s Fair Launch model holds, setting a precedent for fairness, transparency, and community engagement in the crypto space
Declaration
The present report is an original work of @0xmarkyzl, @GryphsisAcademy trainees, under the mentorship of @CryptoScott_ETH and @Zou_Block. The author alone bears the responsibility for all content, which does not essentially mirror Gryphsis Academy’s views or that of the organization commissioning the report. The editorial content and decisions remain uninfluenced by the readers. Be informed that the author may own the cryptocurrencies mentioned in this report. This document is exclusively informational and should not be used as a basis for investment decisions. It is highly recommended that you undertake your own research and consult a neutral financial, tax, or legal advisor before making investment decisions. Keep in mind, the past performance of any asset does not guarantee future returns.
