In the past few days, following a strong rise in BRC 20 tokens, the Solana public chain ecological Meme coin trading frenzy is sweeping the currency circle, and there has also been a surge in the prices of a large number of related tokens. Within 7 days, the SOL token rose 56%, exceeding $115, becoming the fourth largest ecosystem. Its Silly token increased more than 500 times from the lowest point, with a 24-hour increase of 112.61%. Within two days, the ZERO token Rapid and steady rise of 136%. This wave of trading boom for Solana and Meme coins on the Avalanche chain not only continues the enthusiasm of the overall trading market, but also promotes continued attention to the public chain ecology. According to TrendX’s Twitter market sentiment analysis, sentiment indicators related to Meme are “relatively positive” and reflect a lot of attention and optimism.
Today I want to share with you the Analysoor protocol behind the ZERO token. The reason why I chose it among many currently hot protocols is because its gameplay is very interesting, it has user toxicity and sustainability, and it has a promising future. of a project.
What is Analysoor?
ZERO was created by the Analysoor project on Solana and is the project token of Analysoor. Analysoor is the first meta-protocol on Solana. It was officially launched on December 13 and is still in its early stages. The protocol that was so popular upon launch was founded by early Ordinals OG, Solana developer Plann. The protocol introduces a unique minting mechanism that ensures fairness and transparency in the NFT minting process.
Analysoor introduces the Index Protocol off-chain indexer, which uses Solana’s historical data to prevent bot participation, which can enable fairer distribution of Meme coins when they are released and guide the liquidity of tokens. The ZERO token was launched as the first pure inscription deployed by Analysoor.
Analysoor uses a once-per-block minting system that eliminates the need for users to participate in a frantic bidding process, thus creating a level playing field for all participants. With Analysoor’s innovative initiatives in NFT minting and the launch of ZERO, the protocol promises to revolutionize the way we interact with digital assets.
How does Analysoor work?
Analysoor is committed to building an NFT data center, especially for Ordinals and Solana NFT, and has been working on it for some time. The protocol has now accumulated a group of loyal fans and recently launched its own NFT collection.
The Analysoor NFT collection contains 10,000 unique NFTs, each representing a block in the blockchain. Since only one NFT can be minted per block, the collection provides users with a unique opportunity. The casting process will last at least an hour and a half, giving users plenty of time to participate without the pressure of rushing to cast. In the spirit of fairness and transparency, Analysoor does not provide refunds for failed castings. All fees collected during the minting process are accumulated and used to place 10,000 bids on the NFT marketplace. This strategic move not only ensures that the value of Analysoor NFTs is enhanced, but also creates a vibrant secondary market for these digital collections.
Firemint gameplay: fair distribution of ZERO tokens
This is a fair distribution method that uses block hash random numbers + participant investment costs to exclude giant whales or robots. Since its gameplay design is completely random, the success of casting is like a lottery. It is called gambling gameplay. Let’s take the ZERO token as an example:
The Solana blockchain produces a block every 400 milliseconds on average;
If only one valid minting request is selected per block, minting a full series of 10,000 NFTs would take approximately an hour and a half;
Each block has a unique identifier - the block hash. This hash value is unknown until the block is confirmed and therefore acts as a random number generator
Determining the minting/transaction method: First, the first number is extracted from the block hash and used to determine the winning transaction. Then, take all the numbers in the hash and check if they are even to determine in which direction to start counting transactions;
Specifically, if the number of the block hash is an even number, count from top to bottom; if it is an odd number, count from the top down.
After successful minting, the corresponding number of tokens will be airdropped to participants’ wallets.
The gameplay provides liquidity:
During the minting process, 0.08 SOL will be charged for each transaction. As mentioned above, for users who fail to cast, the casting fee will not be refunded, and all casting fees will be added to the AMM pool. In the case of SPL tokens, half of the supply is given to valid minters and the other half is used to create liquidity on the AMM; for the NFT series, all supply is given to valid minters and the minting proceeds are used to build the Bid wall.
ZERO Token Economics
ZEOR is a Solana on-chain token that combines the concepts of inscriptions, memes, and gambling. The total supply of ZERO tokens is 21 million, of which 10.5 million will be minted at a price of 0.08 SOL/coin, and all minting proceeds will be injected into the AMM ZERO pool.
It is reported that the winning probability of ZERO token minting is about 8%, which brings the market value when joining the liquidity pool to $1.3 million. According to Discord news, the liquidity pool experiment conducted with the ZERO token has raised a total of $640,000, and it is expected that $640,000 worth of SOL will be injected into the protocol.
Episodes and prospects
The Analysoor protocol has just been launched. ZERO tokens are the first series launched by the protocol. Then on December 17, the second ONE NFT series also began to be minted. But neither casting was smooth sailing:
First of all, it happened during the ZERO series. About three hours after the minting ended, some users did not receive the ZERO tokens they deserved. Analysoor even stated on social media that the funds originally planned as an LP pool were mistakenly sent to ZERO holders, and released the holders wallet addresses, calling on them to return ZERO.
Secondly, during the casting of the ONE series, due to excessive heat, before the end of time, Analysoor manually closed the entrance to the casting and stated that the remaining participants were all large numbers of robots. After the minting was completed, there were cases where the winning users did not receive the NFT they deserved.
In the end, these hiccups were solved by Analysoors long-term after-sales service. On December 20, Analysoor opened the Discord community, and the threshold for joining is to hold 100 ZERO or 1 ONE.
In the Discord community message, Plan has already announced that it will issue community-led Meme coins next, and Analysoor is only responsible for starting the token minting and locking the liquidity pool. The method of minting coins is also a fair gambling model, and the fee for each transaction is 0.05 SOL + 1 ZERO. The casting will last for 45 minutes. It is foreseeable that the continuous casting process will stimulate the buying of ZERO, and 48.5% will be distributed to users who successfully cast. Additionally One NFT holders can receive a 3% airdrop of Meme tokens.
Conclusion
Objectively speaking, this fair casting method is indeed in line with the entire decentralized theme narrative, and the mechanism has natural randomness. This lottery-winning gameplay will definitely attract a lot of users to participate. Because it is fair, everyone has a chance, because there will be the unexpected joy of winning the lottery, and there is a certain degree of addiction. We hope to see that future coin minting activities can be carried out safely and smoothly. The team will continue to optimize and improve the user experience. Otherwise, as the project becomes popular and the number of participating addresses increases, it will not only fundamentally reduce the probability of winning the lottery, but also make people hopeless. The turmoil surrounding the episode left the participants on tenterhooks.
Overall, there is a basic reason for this fair coinage mechanism to continue after it was innovated. The Sonala public chain has returned strongly after undergoing a major reshuffle, and has provided strong support to many projects in the ecosystem. Friends who are interested in Analysoor can also continue to pay attention to the official operation news and look forward to the performance of the next Meme token minting!
Related links: https://linktr.ee/analysoor
Official website address: https://analysoor.com/
Official Twitter: https://twitter.com/analysoor
Follow us
TrendX veDAO is officially upgraded to TrendX, opening a new era of Web3 trend tracking and intelligent trading driven by AI. Trend represents trend, which echoes the multi-dimensional trend tracking function of the platform. X represents infinite possibilities and Alpha, which indicates that users will discover Alpha on TrendX and seize the opportunity. TrendX will provide real-time automated trading, personalized investment advice and a user-friendly interactive experience in the future. The platform has included more than 11,000 Web3 projects and has hundreds of thousands of community users. It plans to launch AI trading functions in 2024 to further strengthen its leading position in the Web3 investment field.
Website：https://app.trendx.tech/
Twitter：https://twitter.com/TrendX_tech
🔴Investment is risky, the project is for reference only, please bear the risk at your own risk🔴
