Appreciate you coming back on it, although I don't fully agree.
I think the biggest problem in the trenches is that every project is losing their revenue, whether they keep it themselves, give it to holders or use it for buybacks and burns. That imo is a way bigger problem for long term sustainability than whatever we try to solve in the trenches.
Every coin launched on other EVM launchpads with fancy v4 hooks can have their complete revenue completely bypassed from day 1, and we solved that. Genuine projects and memes included. That btw also means that the launchpad is losing revenue it get's from the projects launched -> we don't.
Another problem in the trenches is PVP'ing and hodl culture, which is caused by illiquid pairs and being scared for the next best to dump before you which makes holding time shorter. All our launches have fat liquidity from day one, so you don't have to be afraid someone forntrunts you on the chart -60% as nobody can actually do that.
One more thing we'll do is ticker auctions / sales which helps on vamping of project tickers, altho I think it will help, it won't fully take out the vamp culture. Soon to be launched.
Having said all that, anyone who solves the complete trench problem is billionaire next week. There are only parts to do, there is no solution to the bigger picture, even tho we would want it, it's sad but reality.
What we do can solve is extracting from people and provide devs technology that don't make them lose their revenue. We give back to the people in a big revenue share, daily, and devs will never lose their revenue like they do elsewhere. I think that is novel enough for everyone involved > the people > the devs > the launchpad.
Just a quick question though, I see other launchpads in your list that had or have absolute zero innovation, like zero, yet it seems you invested in them. I don't mind if you invest in torch or not, but if you are trading a lot, I do would like you to try out the terminal - we have a new web-rewrite coming soon and at that point we should be ready to pick up the battle with fomo/pf.
torch is not a launchpad only, it's a by-product. We have multiple revenue streams and don't depend on 1 core product only. The goal is to compete with FOMO and platforms of the likes of that, and bring that type of easy trading to @RobinhoodCrypto , alongside token launches, providing liquidity and much more.
Some of our figures below btw, we are a bit more than 3 weeks in now. I launched on 10/10 because I wanted to make a statement. Amazing figures considering the market as is, that probably doesn't need explaining.
Have a good one and looking forward to see you trading on torch. 🤝
I had a bit of chatter the other day and got attacked quite a bit for it. That’s fine, obviously, as it’s never comfy to hear things that are wrong.
I was told to provide proof, so I figured let’s get that going.
It’s pretty simple, really. I was the only one vocal about this issue way before torch went live, and it seems it’s finally being picked up, although not completely.
Quick recap: Many EVM launchpads collect creator fees through a Uniswap v4 hook on one pool. When a third party opens another pool for the same token without that hook, trades can route through it and the fee never reaches the creator or the launchpad.
Right now that is costing this specific launchpad roughly 35% of their revenue.
The fix we chose on torch is to enforce the fee in the token contract itself, not in a pool or hook. Every route pays it, so creators keep their fees whichever pool is used.
We are now working on an API so any launchpad can use this setup. You would launch through torch and keep all your creator fees and you can enjoy the cross-trade technology if you want.
btw all the proceeds of those pools / revenue I will use to buyback and burn torch.
Pump isn’t even hiding it anymore
Four days ago, this squad was down $840k, and @MoarkyMoark told us what would happen next.
• “They will launch a coin” - ($AMD)
• “Everyone will get 4% at sub 100k entry”, @Dior100x got in at $62k and @Chairman_DN bought below $100k
• “Pumpfun will verify and tweet it.” Hours later, @Pumpfun promoted it 3 times: Eco trending, $2.9M in under an hour, and a main account post all while naming Dior & Chairman as holders.
Everything played out as predicted.
Still think this is a competition?
torch now runs on USD cash denomination.
One balance in dollars, for every chain. Buy any coin on Robinhood, Solana, Base, BNB Chain and more straight from your cash, and every sale comes back as cash too.
No more ETH here and SOL there, same wallets, still your keys. Deposit USDG on Robinhood and it's cash right away.
Your cash is USDG, a dollar stablecoin (1 USDG = $1), held in your own torch wallet on Robinhood Chain. torch shows it as one dollar balance.
Powered by @RobinhoodCrypto@Paxos
Posting this before my RH article to get the juices flowing
all my reasoning will be in my article later this week
>no particular order
>this charts not static, it will evolve as eco progresses
>if you think somethings missing let me know and ill research it before adding to article
( there are a few i left out )
>we bull post the stone cold bottom
>i dont make the rules
🔴 [ S tier ] - best value projects with biggest upside
$TIBBIR | @ribbita2012
$ZZZ | @zzz_community
$UBIK | @ubik_gold
$PRIORS | @priors_trade
robinhood:0xb63d07cef74be747231d601bb2faa6b252c68106 | @fablesfi
🟠 [ A tier ]
$WALLET | @RobinhoodCrypto
robinhood:0x000050e18ffa3f8f7ad170eb9cef160eb3ed1111 | @Torchpaddotfun
$PONS | @ponsdotfamily
solana:36ef5aQyrEFRDMyRk3fBdcvDPHNjARi5bDG9ryPoWRWX / mosh | @BundleCatAI | @Moshdottrade
$CASHCAT | @cashcat_token
🟡 [ B tier ]
robinhood:0x88ad8ddf1e3898412146a534538d418c6f8a9062 | @standard_rsv
robinhood:0xaa07a0e9209e16ac99708c3ec70159c6ef3128a3 | @orbiodotso
robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 | @deltaliquidity
robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 / long eco @ArtificiallyInu / @longdotxyz
🟢 [ C tier ] - good projects with big challenges
robinhood:0xdee52f2ab639b6942b0d0f0565400b93b7a0fbe5 | @HarmonicMath
robinhood:0xacc8de336f5d2366fa7334383d8fab73499f582a | @forevercultfund
robinhood:0xb8fa8010833463aac5595b55b9045479239eff79 | @whatthehookv4
robinhood:0x18e674231a58c239dc7daedcffe15ec3a24cff5c | @Hookrfun ( probably B )
robinhood:0x72be1277e198d0c476869253cb4e62807e14533c | @RaetoCC
robinhood:0xe934e36a439c94017b64a3fece66af12099abf50 | @ClutchMarkets
robinhood:0xc72f232a6869e6cf34dc06129affd07f8a2a246a | @MancerXYZ
🔵 [ D tier ] - until proven otherwise
robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf | @NetNetCap
$INDEX | @TheIndexFi
$EARN | @EARNONHOOD
robinhood:0xc60ba256b44334a0cd2c7242e98b88f031abb006 | @ProgrammableHQ
robinhood:0xfce34d21a92069100e3226638140706cf03a266e | @GldstnOnChain
robinhood:0xf44702b17d9abd53815f703e772f35e9c71a53af | @axol_io
$MCD | @MCDAOio
robinhood:0x2d8d6f4a93acd7a916a5a654ec8b690ba3b3eadd | @StaticsProtocol
$PRISM | @prismassets ( could be E )
🟣 [ E tier ]
$CHOP | @ChopLogsApp
robinhood:0xb7ff57631b97000d950236ef63bd463da5beba7e | @RebateLaunch
*article will have all explanations
@elonmusk@DogecoinNorway The worlds richest man who says money will be unnecessary in the future now says he needs more money! Cant make this shit up. He and trump are perfect for each other.
It’s really stunning that devs and traders are coming to torch that have been quiet for year(s).
We have one of the biggest cult studios that chose torch over anything else. Silent over a year, watched everything, every launchpad, kept focussed and decided to come to torch.
There is devs and traders coming out of hibernation because torch is here.
They see the vision, but not everyone understands how big that is.
We bring back OG vibes and cult. More working together, less pvp, the same mission and goal.
People put their name on the line, because they decided so. Because they see the vision, the quality, the community.
Slowly then suddenly. It is much bigger than I ever could imagine, but when I say so, better believe me.
This is the torch era and you are with me and all the other torch masters to witness it first hand.
Lets light the torch, legends.