Announcing BRC20.com Initial Meme Offering Platform

Memes are a dominant force in the crypto space, with recent focuses on the Solana and Base ecosystems and Bitcoin based memecoins like PUPS reaching hundreds of millions in valuation. 

With smart contract based ecosystems, launchpads for memes are simple products, and over the years platforms like Pinksale have gained great success providing a safe platform for users to launch and ape in to new memecoins. Pump.fun gained great popularity providing this service on Solana, and achieved revenues in excess of $5m per week. Entire ecosystems such as telegram based sniper bots have been built to allow users to tap into and profit from the meme economy.

With Bitcoin based tokens, such platforms are much more difficult to implement and gaining traction for a memecoin can be difficult:

• With no smart contracts for adding liquidity to a DEX, locking liquidity and vesting tokens, it’s difficult to raise funds for the launch of a memecoin, with teams having to compete with snipers to successfully launch their tokens and relying instead on purely mint based mechanisms. This makes raising funds for marketing, KoLs and market making much more difficult.
  
• “Fair launches” through minting are not necessarily fair in reality given the ability of snipers to acquire large percentages of the supply in multiple wallets with no limitations.
  
• Given the requirement to have a unique ticker, teams are often unable to secure the inscription they desire and then successfully mint it before a sniper.
  

IMO Platform

During the 5 letter runes launch, the BRC20.com team were able to secure multiple tickers for BRC20 based memecoins, including household names such as WAIFU, SHIBA, LAMBO, KITTY and many more.

In the first wave on the platform, all of these tickers will be made available for anyone that holds at least 100 .COM, to ensure a fair distribution on launch - no snipers, no whales, just memes!

Each memecoin will be sold at a flat rate of $99k for 99% of the supply, with 1% going to the BRC20.com treasury. This ensures a fair distribution to the community with everyone able to purchase at the same price and with a cap.

100% of the funds raised from the initial wave of IMOs will be utilised to buyback .COM on the open market, ensuring that with the growth of the platform, .COM holders benefit not just from allocations but also increased buy pressure for the .COM token.

Open Launchpad

After the initial wave, the IMO technology will be opened up to the public to allow anyone to inscribe a memecoin (or any other BRC20) and distribute it to the extensive .COM community. In this case, 80% of the funds raised will be allocated to the meme creator and 20% of the funds raised will be utilised to buyback .COM, ensuring long term continuation of the buyback programme.

This will create the first open launchpad on BRC20 technology with the value flowing back to .COM. 

The next stage for the platform will be to integrate the new Runes token standard and allow users to participate in interesting launches of Runes based tokens.