🔮Vision
Current solutions in the space are either broken or not user-friendly enough to encourage mass adoption.
ZAP Labs
The current token launch model is broken: bringing tokens to market in a decentralised ecosystem should be meritocratic. Unfortunately, most retail investors are unable to participate in early-stage token launches because existing solutions grant allocation based on chance, capital, or network.
Token launch platforms generally fall into four categories, each with distinct issues:
Token-gated launchpads, with high capital requirements: These offer significant potential upside for those who hold the launchpad’s token, but are inherently undemocratic. Retail investors need to be either suspiciously early or have significant funds (to acquire enough launchpad tokens) to participate. Token-gated launchpads claim to democratise early-stage investing but are essentially indistinguishable from traditional VCs.
Lottery-based launchpads, relying on pure chance: Investors win allocation in a lottery, providing a fairer approach than token-gated launchpads. However, lotteries are incredibly frustrating because investors only have a slim chance of securing a desired allocation for any given launch. All investors are equal victims to chance, and there is no mechanism to ensure that motivated investors secure a significant allocation. From a community perspective, this leads to motivated investors losing enthusiasm because they have less "skin in the game" than desired. From an economic perspective, this results in inefficient capital allocation.
Permissionless launchpads with no controls: To invest, investors must accept the significant risk of losing their investment. The permissionless model has historically appealed to very early-stage teams looking to bootstrap their initial capital, as well as investors who have faith in the team. While the permissionless model allows strong teams to raise capital, it has often failed to provide the much needed tools to increase the success of a launch. Consequently, this model exposes investors to significant (and avoidable) immediate risk.
Airdrops favouring those who know how to manipulate the system: Airdrops have gained popularity among "investors" as a risk-free way to gain exposure to new projects. However, airdrops are easily botted and gamed. Similar to passing high school Chemistry, accruing value from an airdrop is merely a function of how well someone is able to game the system.
ZAP Labs makes token launches more accessible while providing projects with early adopters. Our merit-based model ensures that all investors have an equal opportunity to participate, providing more value to founders and investors, and democratising early-stage investing.
ZAP Launch
Current memecoin launchers have demonstrated significant demand among crypto-native audiences, as they cater to a community eager to create, trade, and speculate on meme-driven tokens. While these platforms offer basic functionality—such as token creation, liquidity provision, and initial offerings—they often lack the features and usability needed to appeal to a broader, more mainstream audience.
Existing solutions, though effective, tend to focus solely on the technical aspects of launching a memecoin. They typically don't prioritize user experience or accessibility, especially for individuals who are not deeply immersed in the crypto space. The user interfaces can be overly complex, and the onboarding process for beginners remains daunting. Additionally, even for crypto-native users, these platforms often miss the mark when it comes to providing a truly seamless experience that streamlines token creation and community building.
Memecoin launchers are still a relatively new innovation, meaning the landscape is ripe for improvement. There's vast potential for further development, especially in areas like simplified token customization, integrated marketing tools, and better social media integration to boost engagement.
ZAP Drops
Many existing questing platforms are limited in their effectiveness, particularly within the context of servicing web3 projects due to the following issues:
Lack of robust anti-botting measures, which compromises the integrity of user participation and diminishes the value of platform engagement.
A confusing and often poorly designed user flow and overall experience, making it difficult for users to navigate and participate effectively.
A lack of tools to validate on-chain actions, which are a key requirement for web3 projects looking to incentivise and onboard early adapters.
Unclear reward systems, leaving users uncertain about the specific benefits they can gain from participating.
Together, these issues present significant barriers to creating a seamless, secure, and rewarding experience for users in the Web3 space that ZAP is looking to remove.
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