Post
Topic
Board Altcoin Discussion
Re: Is Community-powered launches the way forward?
by
coin-investor
on 21/07/2025, 14:01:09 UTC
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.