It’s well known that memecoins trading/degen trading is frowned upon by most traders due to market manipulation and its high volatility. However, It seems different devs are applying different approaches to that and I would like your opinion on it.

One of the approach I came across was by Coresky. Apparently, they allow users to propose and launch meme coins through a no-code interface while the community votes on which projects to incubate. Just like the popular meme launchpad but using a different approach to address rugpulls or pump and dump.

It also airdropped its CSKY tokens to the public but will this approach address the rugpull issues faced by the memecoins industry, that’s my question.