America.Fun Wants To Fix the Pump.Fun Problem — But Will It Succeed?
America.Fun is a brand new Solana-based launchpad suggested by World Liberty Financial’s Ogle. It claims to supply a safer different to the meme-coin chaos typified by Pump.Fun.
The platform’s acknowledged purpose is to cut back spam tokens and enhance person safety. However, questions stay about its sustainability, token efficiency, and transparency.
A Response to a Market Gone Wild
In an interview with BeInCrypto, Ogle mentioned the challenge’s design responds on to points seen throughout permissionless meme coin platforms.
“Whenever you’ve gotten catastrophic drops or scams, it’s often a mix of many elements,” he mentioned. “We needed to construct a safer, extra respectable place for people who find themselves not as playing.”
The platform requires creators to pay a small charge — about $20 price of AOL tokens — to launch a token. According to Ogle, that friction discourages mass bot deployments and copycat scams.
“Right now it’s free to deploy in each different launchpad. I don’t assume that’s factor,” he mentioned. “When it prices a bit of, you assume earlier than you spam.”
America.Fun additionally restricts duplicate tickers. Each token title can solely exist as soon as, addressing a core difficulty of Pump.Fun, the place dozens of imitations usually seem inside minutes of a trending launch.
“You don’t know which one’s actual on different platforms,” Ogle defined. “Here, there can solely be one.”
Building a “Walled Garden”
Last month, BeInCrypto revealed an unique report on how racist and offensive tokens were surging like wildfire on Pump.Fun.
According to Ogle, America.Fun is working to straight handle this difficulty that plagues most launchpads.
The platform’s frontend is curated. Offensive or rip-off tokens should exist on-chain, however they received’t seem on the platform’s interface or trending lists.
Ogle in contrast it to early America Online moderation:
“There had been safeguards in place to cease racism and abuse. That’s why it labored. We’re doing the similar — a walled backyard the place individuals really feel protected.”
This semi-permissioned mannequin positions the launchpad between hyper-open ecosystems like Pump.Fun and totally regulated venues like ICM.
According to Ogle, the group desires to strike a “center floor” between creativity and compliance.
But is it sufficient to achieve traction in an especially crowded house?
A Crowded and Competitive Space
America.Fun enters a saturated launchpad market dominated by Pump.Fun and LetsBonk.Fun, each of which have huge person bases and buying and selling volumes.
Ogle acknowledged the problem however mentioned the platform’s technique is “repute and curation.”
He additionally disclosed that America.Fun operates as a strategic arm of the USD1 partnership, connecting World Liberty Financial’s USD1 stablecoin with Radium and Bonk.
However, he declined to touch upon any formal stake or revenue-sharing construction.
The choice to pair all new tokens initially towards USD1 — as a substitute of the extra extensively used USDC — may restrict accessibility.
Ogle argued that that is intentional. He mentioned trading through DEX routers like Jupiter mechanically converts USDC to USD1, preserving person expertise seamless whereas supporting USD1’s liquidity.
Token and Performance Data
The platform’s native token, AOL (America’s Official Launchpad), launched in early September.
As of November 2, it trades at $0.0046, down 54% from its peak, with a $4.6 million market cap and $625,000 day by day quantity.
This decline mirrors the wider post-October 10 crash downturn, but in addition means that group enthusiasm has but to translate into sustainable demand.
Ogle lately claimed the challenge gained 39,000 energetic customers in the previous 30 days and 222,000 web page views, with Singapore, China, and Ukraine main in visitors.
These metrics are unverified, however they point out early traction in Asia relatively than the US market.
Critical View: Promise Meets Practical Limits
America.Fun’s selective moderation and launch charges handle actual issues in the meme coin ecosystem — spam, scams, and offensive content material.
Yet, the mannequin introduces its personal dangers. Curated entry can sluggish development, and limiting pairs to USD1 may limit liquidity in a market that favors flexibility.
The AOL token’s steep value drop additionally raises considerations about sustainability. Without clear income flows, audit transparency, or exterior verification of person information, traders have restricted methods to gauge the platform’s actual well being.
For now, America.Fun represents an formidable experiment. A launchpad that desires to scrub up a chaotic market with out killing its vitality.
Whether that steadiness holds will depend upon adoption past early speculative customers.
The publish America.Fun Wants To Fix the Pump.Fun Problem — But Will It Succeed? appeared first on BeInCrypto.
