With Floki acquiring a hefty 40% ownership in GraFun, this development marks a significant step forward for the memecoin industry.

We are thrilled to unveil a new platform for creating and trading memecoins, which incorporates an innovative bonding curve approach. BNB Chain , GraFun Announcing its launch, GraFun will empower users to launch their own memecoins without incurring heavy costs through its bonding curve system.

Moreover, the platform will enable the market to determine the value of each memecoin. If a given memecoin garners enough interest to hit a specified market cap, it activates its bonding curve, which subsequently facilitates automatic liquidity addition on a decentralized exchange (DEX).

The liquidity can either be locked or burnt, ensuring that participants can buy the memecoin on DEXs. However, if a memecoin fails to meet its bonding curve requirements, it will not be available on a DEX. Interestingly, the launchpad will still generate revenue irrespective of the success or failure of specific memecoins.

The key goal of the platform is to ensure a transparent launch process where only those memecoins that attract user interest will be featured on DEXs.

Backed by the cryptocurrency initiative Floki and prominent players including BNB Chain, DeXe Protocol, and HOT Protocol, GraFun also counts DWF Labs as a strategic ally in this undertaking.

Floki, the foremost memecoin in the market, is set to gain a 40% ownership stake in GraFun, resulting in shared revenue from the launchpad. This strategic stake is expected to benefit Floki and its linked venture, TokenFi. BNB chain FLOKI TO ADVANCE GRAFUN, A HIGHLY ANTICIPATED MEMECOIN LAUNCHPAD AND TRADE PLATFORM FOR BNB CHAIN.

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Alisa, a passionate journalist at Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge technologies, investments, and the vast world of Web3, aiming to provide readers with insightful coverage of emerging trends and advancements in digital finance.

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