Yes this is a relaunch. The initial launch died out quickly because the burning mechanism was not working at the time. Previous holders will be airdropped from developer buybacks using the fees. After that, 70% will be burned and 30% will go towards V2 development.
Etch V1 is finally here. I'll spare you the long LLM written slop. We're the first launchpad to use $XMR as burn proof receipts. You launch on Etch, burn supply, and then etch the proof. We're just getting started. Watch the demo and Try it out: https://t.co/M3IEAjFJ6C
The architecture is near impossible on $XMR mainnet because it’s a privacy token, which is why Etch uses a receipt. Anyone claiming they can is lying.
What is possible is receipts, and turning those receipts into parametrized NFTs for your holders.