Quote from: coin-investor on July 21, 2025, 02:01:09 PM

Quote from: Firstfrost on July 21, 2025, 11:57:04 AM

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.

There’s no difference at all; it will not change the fact that these memes are launched for pump and dump.
I can compare this to HYIP monitors, where investors vote for HYIP platforms for people to invest in, but in the end, they will still engage in rug pulls.
The only benefits for voters are that they can get in early so that they can dump after making a profit. It’s still a game of early birds getting the worm; these memes do not contribute to the ecosystem.

I totally understand your point, the space is mostly dominated by pump-and-dump memes/rug pulls. But I think another important thing to note is not all memecoins are built the same anymore.

I’ve noticed community-launched memecoins are starting to evolve beyond just quick pumps. We’ve seen projects where the community drives real utility, for instance CoreSky that i mentioned has its utility(Gamefi) apart from been a community led project. Another recent one is $ANI that did over 5000% in the past week.

Of course, early entry is always a big factor in memecoins trading and other aspects of crypto but the main difference is when a project is transparent and owned by its community, it gives room for more than just a pump.
I’m not insinuating that all memes are valuable but I wouldn't write them all off either. The space is shifting, and some of these projects might surpass our expectations at the end of the day.