Consumer Crypto

token launchpads have rapidly evolved over the past year.

the first generation of these launchpads (eg pump) focused primarily on memes and demonstrated the massive market demand, generating ~$600M in revenue and creating 8.6B tokens created on Solana.

the second wave included protocols and platforms like @clanker (social-first token launchers), @virtuals (AI-agent tokens), and @flaunchgg (novel mechanics on uni v4), which collectively have expanded the design space for issuing tokens with more sophisticated mechanism designs. 

recent entrants like @yapster have introduced gamified social elements, while devfun and @ohara-ai are pioneering text-prompted mini-app creation with native tokens.