HashKey Chain Eco Lab
Hashkey Grant Application #33
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Grant Type
Session 1
Email
pezsuen@gmail.com
Telegram
@Pez_Perry
X/Twitter Handle
https://x.com/PerryMemefi
Discord/Community
https://discord.com/invite/yxUYnuuYud
Previous Application
N/A
Code Audit
https://beosin.com/audits/MOMO.FUN-Swap-v2_202408141122.pdf
https://beosin.com/audits/MOMO.FUN-Swap-v3_202408241154.pdf
https://beosin.com/audits/MOMO.FUN_202410182000.pdf
Project Information
1,1. Project Description and Objectives
💎 MOMO.FUN: AI-Driven All-in-One Platform for Meme + DeFi
MOMO.FUN is the world’s first Meme + DeFi platform powered by AI Agent, dedicated to providing innovative, transparent, and efficient trading and management services for users and project teams. Through cutting-edge technologies like AI Pool and the Eliza framework, MOMO.FUN offers an all-in-one solution for creative incubation, asset issuance, and transaction management.
✨ Key Features:
MOMO.FUN has demonstrated strong traction and a scalable growth model:
-Competitive Edge:
MOMO.FUN aligns seamlessly with the Hashkey ecosystem by:
MOMO.FUN’s key innovations include:
Yes, MOMO.FUN embraces an open-source philosophy for its core components, enabling developers to:
MOMO.FUN operates a hybrid model:
Free Access:** Users can explore the platform, join communities, and engage in basic activities without cost.
Fee-Based Features:** Advanced trading tools, asset issuance, and derivatives trading incur minimal fees. These fees are competitively priced to ensure accessibility while sustaining platform operations.
MOMO.FUN is designed to integrate seamlessly with the Hashkey ecosystem by:
By partnering with Hashkey, MOMO.FUN aims to amplify its impact in the blockchain space, delivering innovative tools and expanding opportunities for all stakeholders.
Market Analysis
Competitors and Differentiation for MOMO.FUN
MOMO.FUN operates in the highly competitive DeFi and Meme asset ecosystem. Here is a breakdown of its key competitors and how it differentiates itself:
Competitors
1. PancakeSwap
• Description: A decentralized exchange (DEX) on Binance Smart Chain offering liquidity pools, staking, and yield farming.
• Strengths:
• Strong user base and high liquidity.
• User-friendly interface for swapping and staking.
• Weaknesses:
• Limited to Binance Smart Chain and lacks extensive cross-chain support.
• No focus on Meme assets or project incubation.
2. Uniswap
• Description: A leading Ethereum-based DEX with automated market-making (AMM) functionality.
• Strengths:
• Extensive liquidity for Ethereum-based tokens.
• Strong brand recognition and early mover advantage.
• Weaknesses:
• High gas fees due to Ethereum’s congestion.
• Minimal focus on Meme-specific features or cross-chain trading.
3. KuCoin MemePad
• Description: A launchpad dedicated to Meme tokens, leveraging KuCoin’s ecosystem for liquidity and listings.
• Strengths:
• Specialized focus on Meme assets.
• Access to KuCoin’s trading ecosystem.
• Weaknesses:
• Limited scope compared to a full lifecycle platform.
• No multi-chain or derivatives trading features.
4. 1inch
• Description: A liquidity aggregator platform optimizing trading across multiple DEXs.
• Strengths:
• Advanced aggregation algorithms for better pricing.
• Multi-chain support.
• Weaknesses:
• Primarily a trading tool without project incubation or Meme-specific support.
• Focused on trading rather than creating an engaged community.
5. Balancer
• Description: A decentralized protocol for automated portfolio management and liquidity.
• Strengths:
• Unique liquidity pool structures for portfolio diversification.
• Weaknesses:
• Focus on advanced traders, lacking a Meme or community-driven approach.
• No significant multi-chain or cross-chain capabilities.
Differentiation
1. Multi-Chain Liquidity Aggregation
• What Sets MOMO.FUN Apart:
MOMO.FUN aggregates liquidity across 9+ major blockchains, 200+ DEXs, and 20+ cross-chain bridges, offering seamless cross-chain trading and unmatched access to liquidity.
• Why It Matters:
This feature ensures users can trade assets efficiently without being constrained to a single blockchain, setting MOMO.FUN apart from competitors like PancakeSwap and Uniswap.
2. Focus on Meme Assets
• What Sets MOMO.FUN Apart:
MOMO.FUN’s MemePad provides a tailored platform for launching, incubating, and trading Meme tokens.
• Why It Matters:
While KuCoin MemePad focuses solely on token launches, MOMO.FUN delivers a full-stack solution that includes community building, fundraising, and derivatives trading.
3. First-of-Its-Kind Derivatives for Meme Assets
• What Sets MOMO.FUN Apart:
MOMO.FUN introduces derivatives trading specifically designed for Meme assets, a feature currently unavailable on other platforms.
• Why It Matters:
This innovation enables users to explore advanced trading strategies, enhancing the utility and market potential of Meme tokens.
4. Gamified Community Engagement
• What Sets MOMO.FUN Apart:
MOMO.FUN incorporates gamification through voting events, staking rewards, and airdrops, creating a highly interactive and engaged user base.
• Why It Matters:
Unlike competitors like 1inch or Balancer, MOMO.FUN’s user engagement tools foster community loyalty and drive platform growth.
5. Ecosystem Partnerships
• What Sets MOMO.FUN Apart:
Strategic collaborations with Bybit, OKX, Gate.io, and Mantle Network ensure liquidity, market access, and rapid project adoption.
• Why It Matters:
These partnerships strengthen MOMO.FUN’s position as a comprehensive platform for both projects and traders.
6. Full Asset Lifecycle Support
• What Sets MOMO.FUN Apart:
MOMO.FUN covers the entire asset lifecycle, from primary issuance and secondary market trading to derivatives and community-driven promotion.
• Why It Matters:
Competitors like PancakeSwap and Uniswap focus primarily on trading, leaving gaps in incubation and lifecycle management that MOMO.FUN fills.
Current User Base and Estimation Method for MOMO.FUN
Current User Base
1. Total Users:
• 210,000+ users registered on the platform.
• Weekly growth of 6,000-8,000 new users, indicating strong adoption and interest.
2. Community Engagement:
• 200,000+ active community members across platforms like Telegram, Discord, and Twitter.
• Weekly community activities generate over 30,000 votes, highlighting active participation.
3. App Users:
• The TGmini App sees over 80,000 monthly active users, reflecting a loyal and engaged audience.
4. Meme Project Launches:
• Over 200 successful projects launched, with average fundraising rates exceeding $300,000 per project, driven by active user participation in IDOs and launches.
Estimation Method
1. On-Chain Analytics:
• MOMO.FUN uses on-chain data to track the number of wallet addresses interacting with the platform, which provides a clear and accurate count of unique users.
2. Platform Metrics:
• User registrations, transactions, and wallet connections are monitored directly through platform analytics, giving precise insights into platform activity and growth.
3. Community Metrics:
• Engagement data, such as votes, participation in airdrops, and community events, is collected through Telegram, Discord, and other social channels.
4. App Usage Data:
• TGmini App activity is monitored to gauge monthly and weekly active users, offering a snapshot of app-based engagement.
5. Growth Rate Calculations:
• Weekly user additions and transaction volumes are tracked to project trends and assess user acquisition rates.
Recipient Address
0x754919a6dd4c04313f0302fec7640a0fdd8f25f9
Budget and Plan
Grant Size (50K USDT) and Justification
Requested Grant Size: 50K USDTJustification:
Technical Development: Allocate resources for integrating MOMO.FUN with Hashkey’s blockchain ecosystem, including smart contract optimization and cross-chain functionality.
Liquidity Support: Provide initial incentives to bootstrap liquidity for Meme projects on MOMO.FUN using Hashkey infrastructure.
User Acquisition: Fund marketing campaigns targeting user onboarding from Hashkey’s ecosystem, including airdrops, trading competitions, and co-branded events.
Ecosystem Collaboration: Support the deployment of joint initiatives with Hashkey to promote interoperability and enhance user engagement.
Project Execution Plan
Phase 1: Integration (0-3 Months):
Finalize technical integration with Hashkey’s blockchain.
Deploy cross-chain functionality to enable seamless asset transfers.
Optimize smart contracts for compatibility and scalability.
Phase 2: Liquidity and Ecosystem Growth (3-6 Months):
Launch liquidity pools for Meme projects using Hashkey infrastructure.
Conduct targeted marketing campaigns to onboard users from Hashkey’s ecosystem.
Collaborate with Hashkey on community events and trading competitions.
Phase 3: Scaling and Adoption (6-12 Months):
Expand platform offerings, including derivatives trading and staking features.
Onboard 50+ new Meme projects with support from the Hashkey network.
Achieve sustained growth in user activity and transaction volume.
MOMO.FUN Tokenomics: Issuance, Allocation, Use Cases, and Value Maintenance Mechanisms
MM Token Information
• Full Name: MOMOFUN
• Token Symbol: $MM
• Total Supply: 30 billion
• Token Issuance Price: $0.001
• Initial Valuation (Institutional Round): $30 million
• Public Sale Valuation (Public Round): $60 million
MM Token Allocation and Release Schedule
1. Institutional Subscription: 10%
• Release Schedule:
• 10% released six months after listing.
• Subsequent 15% released every three months.
• Fully released within 18 months.
2. Public Sale: 5%
• Public Fundraising:
• 20% released at TGE (Token Generation Event).
• Subsequent 10% released monthly.
• Fully released within 9 months.
3. Project Team: 20%
• Release Schedule:
• 10% released six months after listing.
• Subsequent 15% released every three months.
• Fully released within 18 months.
4. Project Advisors: 5%
• Release Schedule:
• 10% released six months after listing.
• Subsequent 15% released every three months.
• Fully released within 18 months.
5. Community Rewards: 45%
• Transaction Mining: 30% allocated for linear release through phased mining.
• Community Airdrops: 15% allocated.
• 1/5 released one week after listing.
• Remaining portion locked within the project for subsequent distribution.
6. Listing Fees and Liquidity Reserve: 15%
• Reserved for exchange listing fees and liquidity provision.
Use Cases for $MM Tokens
1. Transaction Mining Rewards:
Incentivizes users for trading activities on the platform, driving engagement and liquidity.
2. Community Building:
• Distributed through airdrops to attract new users and strengthen community engagement.
• Utilized to reward loyal users for their continued participation.
3. Governance:
Token holders can vote on key platform decisions, such as new project listings and feature rollouts.
4. Liquidity Provision:
Tokens reserved for liquidity ensure smooth trading operations and reduced slippage.
5. Staking and Incentives:
Users can stake $MM to earn rewards or gain access to exclusive platform features.
Value Maintenance Mechanisms
1. Deflationary Measures:
• A portion of transaction fees may be used for token buybacks and burns to control supply and maintain value.
2. Gradual Release Schedule:
• Controlled token release prevents market oversaturation and maintains price stability.
3. Ecosystem Growth:
• Allocation for community rewards and mining incentivizes platform activity, ensuring sustained demand for $MM tokens.
4. Liquidity Support:
• Reserved liquidity ensures smooth trading experiences, attracting more users and sustaining token demand.
5. Strategic Partnerships:
• Collaborations with exchanges and ecosystem projects drive token utility and visibility, enhancing market confidence.
Post-Incentives Sustainability
MOMO.FUN is committed to achieving long-term sustainability through:
Diverse Revenue Streams:
Transaction fees from cross-chain trading and derivatives.
Asset issuance fees for Meme projects.
Premium features, including advanced analytics and staking tools.
User Retention Strategies:
Gamified engagement activities to maintain a loyal user base.
Continuous onboarding of high-quality projects to attract repeat users.
Scalability and Growth:
Leveraging partnerships with major blockchain ecosystems and exchanges to expand market reach.
Investing in technological innovation to stay competitive and relevant.
Hashkey Relationship
MOMO.FUN addresses key challenges within the Hashkey ecosystem:
•Fragmented Liquidity Across Chains:
Many blockchain ecosystems, including Hashkey, face limited liquidity aggregation and inefficient cross-chain trading.
Solution: MOMO.FUN aggregates liquidity across 9+ blockchains and 200+ DEXs, enhancing Hashkey’s trading depth and user experience.
•Underdeveloped Meme Asset Market:
Meme assets are a rapidly growing sector but lack robust platforms for issuance, trading, and derivatives.
Solution: MOMO.FUN introduces MemePad and derivatives trading to Hashkey, unlocking new use cases and user engagement.
•User Engagement and Community Growth:
Blockchain ecosystems often struggle to retain and engage users.
Solution: MOMO.FUN brings a highly active community of 200,000+ users and gamified activities to boost engagement within Hashkey.
For Hashkey Ecosystem:
1.Enhanced Liquidity and Activity:
•MOMO.FUN’s integration boosts trading volume and liquidity through its large user base and transaction mining incentives.
2.New Market Opportunities:
•Supports innovative financial products like Meme derivatives, setting Hashkey apart from competitors.
3.Community and Ecosystem Growth:
•MOMO.FUN’s community incentives attract and retain users, improving Hashkey’s overall engagement metrics.
4.Strengthened Partnerships:
•Leverages MOMO.FUN’s existing collaborations with platforms like Bybit, OKX, and Mantle to create synergies with Hashkey.
Growth Potential for Hashkey
1.User Growth:
•MOMO.FUN’s onboarding of 6,000-8,000 weekly users and its loyal community can directly increase Hashkey’s user base.
2.Trading Volume Expansion:
•Adding Meme assets and derivatives trading will significantly boost transaction activity on Hashkey’s network.
3.Ecosystem Diversification:
•Through MOMO.FUN’s MemePad, high-potential projects can be onboarded to Hashkey, enriching its ecosystem with innovative assets.
4.Global Market Reach:
•MOMO.FUN’s global focus, particularly in Southeast Asia and Europe, aligns with Hashkey’s goals for market expansion.
Commitment to Building on Hashkey
1.Seamless Integration:
•MOMO.FUN prioritizes full technical integration with Hashkey’s blockchain, optimizing cross-chain functionality.
2.Exclusive Features:
•MOMO.FUN will develop exclusive Meme asset-related products and liquidity pools tailored for Hashkey.
3.Long-Term Collaboration:
•The team is committed to building co-branded campaigns, technical collaborations, and shared initiatives to ensure mutual success.
Deployment Status
1.Current Status:
•MOMO.FUN is operational on Ethereum, BNB Chain, Base, Mantle, and Solana, offering core features like MemePad and cross-chain trading.
2.Hashkey Deployment:
•Technical preparations for integration with Hashkey are underway.
•Full deployment, including exclusive liquidity pools and co-branded initiatives, is planned for Q2 2025.
Milestones
Roadmap Highlights:
Terms Confirmation
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