Analysoor(0, 1): A new battlefield for hundredfold returns, reshaping the innovative journey of Fair Launch

TL;DR

1. Analysoor is the first Meta Protocol on the Solana chain, employing a unique approach to create and distribute NFTs and tokens. It provides users with a Fair Launch minting mechanism by using block hash values as random number generators and selecting winners on each block. This mechanism has proven successful, effectively eliminating the impact of bots in the minting of $ZERO and Index ONE NFTs.

2. Fairness and liquidity guidance are the core value supports of Fair Launch. Under this mechanism, there are no presales or whitelists, no team allocations, and no gas fee front-running transactions; everyone starts on the same starting line, and differences in capital size do not provide competitive advantages in the minting process. The fees generated from minting do not flow to the project team or miners' wallets but are entirely used to create liquidity, benefiting the ecosystem and community, forming a positive feedback loop.

3. Analysoor is forming a strong community consensus, with its value and potential increasingly recognized and acknowledged by more people. Meanwhile, its developers are continuously innovating to further combat potential bot behavior to ensure that fairness can be maintained and guaranteed in the long term. The application of AI algorithms and machine learning is likely to be what we see next.

4. Compared to the market capitalization of mainstream launchpad projects on other public chains like Auction, Turt, and Bake, Analysoor's current market capitalization may be severely underestimated. Considering that there is currently no leading launchpad protocol in the Solana ecosystem, Analysoor is very likely to take on this role, with significant potential for value growth in the future.

5. The market's demand for fairness and transparency is growing, and the Fair Launch mechanism will become an inevitable trend. Therefore, 2024 may be a year of explosive growth for Meta Protocols (especially on high-performance public chains like Solana), and Analysoor, as a pioneer of Fair Launch on the Solana chain, has enormous potential and a strong vision. We may see it expand into more diverse tracks, becoming a multifunctional launchpad rather than just a minting platform for MEME coins and NFTs.

Introduction

Since the cryptocurrency market entered 2023, the popularity of the blockchain inscription market, represented by the Ordinals protocol and its derivatives, has surged dramatically. However, this frenzy has brought about an increasing demand for more efficient blockchain functionalities, lower gas fees and operational complexities, and fairer market participation.

At this time, the Solana ecosystem has experienced an impressive rebound. Driven by diverse innovative projects and a strong ecosystem, Solana is set to become one of the hottest competitors in the bull market again, especially given its high throughput and low latency transactions, which are crucial for the inscription and NFT markets. As of December 17, 2023, the total number of inscriptions on the Solana chain has exceeded 1 million.

Analysoor has fully leveraged the characteristics of the Solana ecosystem to build an innovative Fair Launch mechanism, aiming to address fairness issues in traditional mechanisms and bring about a significant transformation in the inscription and NFT markets.

Project Overview

Analysoor Protocol is an innovative inscription and NFT minting protocol on the Solana chain and the first Meta Protocol in the Solana ecosystem. It beautifully integrates the high throughput, low transaction costs, and fast transaction confirmations of the Solana ecosystem with the essence of the Ordinals protocol, creating a "block lottery" minting mechanism with gambling characteristics. Its core value lies in solving the issues of fair distribution and liquidity guidance in the minting process of inscriptions and NFTs. By utilizing Fair Launch, it maximally filters out bots and "scientists," creating a completely fair, transparent, and lower-threshold minting environment that is easier to operate for genuinely passionate participants.

When other developers use Analysoor for minting and distribution activities, its Fair Launch mechanism will effectively attract a large number of real users to participate actively, who can quickly bring significant heat and topics to the minting targets, promoting the rapid formation of community consensus.

Under the Fair Launch mechanism, whether you are a whale with a large capital or a retail newcomer, everyone starts on the same starting line, having equal opportunities to earn profits. At the same time, the more decentralized and equitable distribution results further enhance the community's voice. We have ample reason to believe that Analysoor is igniting a significant disruptive wave for public chain inscription protocols and we look forward to it becoming a transformative leader and flagship project in the inscription and NFT minting launchpad within the Solana ecosystem.

Analysoor is still in its early stages, and its protocol and ecosystem still possess immense imaginative space and development potential. As of now, the protocol has not conducted any fundraising activities, nor are there any related plans.

Developer and Community Building Status

Analysoor was founded by @Pland__, who is a data scientist and engineer with outstanding technical skills and innovative thinking. Analysoor has sparked widespread discussion in the crypto community since its launch, attracting significant user interest. Moreover, Pland has stated in the community that due to his background in Data Science, he is attempting to incorporate more AI algorithm elements into the protocol to continuously improve and innovate, which has also raised community expectations for Analysoor's future development.

Despite Pland's significant investment of time and effort in the construction and innovation of the protocol, he has also made considerable efforts in community building. Pland actively communicates with participants in the community daily, soliciting feedback and answering questions from community users, which is crucial for maintaining community engagement and building consensus. Meanwhile, Pland has established discussion channels in different languages (such as Chinese, Japanese, Korean, French, etc.) within the DC community, which not only avoids misunderstandings of the project due to language issues but also provides a platform for members of the same language to discuss, facilitating the protocol's spread within a broader multilingual community.

As of the date of this article, according to Solscan on-chain data, there are 7,866 addresses holding the protocol token $ZERO, and within 48 hours of the protocol's DC community opening, the number of community users has already surpassed 500 and continues to rise (entry into the community requires holding at least 100 $ZERO or 1 Index ONE NFT).

Protocol Revenue Sources

Currently, developers only collect a 2.5% royalty fee from the Index ONE NFT project. Pland has indicated that this income is sufficient to sustain the operation of the protocol. Additionally, Pland holds approximately 1.69% of the total supply of $ZERO (currently the fourth largest holding address on-chain, totaling about 355,000 tokens). He has repeatedly stated that his goal is the long-term development of the protocol, rather than becoming a short-term rug puller.

1. What problems may exist in traditional deployment mechanisms?

On October 3, 2023, a Twitter user named Rijndael released the BRC-20 sniper bot Sophon by leveraging the "first-come, first-served" nature of BRC-20 and the public nature of most Bitcoin transactions. This bot monitors transactions deploying BRC-20 inscriptions and attempts to front-run transactions by increasing gas fees.

Through this method, Rijndael was able to reliably outpace other BRC-20 inscription deployment transactions in the block, making his own transaction the "official" transaction. At the same time, this also gave him the power to change the total supply and maximum minting amount of the tokens.

Subsequently, Rijndael decided to set the supply of each token deployed with Sophon to 1, meaning each token would have only one owner, completely stifling the development of the tokens.

As shown in the figure, after Sophon was deployed, the activity of BRC-20 inscriptions on the entire chain saw a sharp decline, with daily counts dwindling to almost zero. After Sophon's funds were exhausted, the activity numbers returned to previous highs.

In hindsight, according to data released by Rijndael, Sophon only spent 0.0129 Bitcoin to achieve a 75% success rate in front-running transactions, effectively creating a brief "bear market" scenario for the hot BRC-20 inscription market.

Although Rijndael has since demonstrated that he was merely stress-testing and experimenting with ideas rather than aiming to disrupt the ecosystem, this incident still serves as a warning—what would happen if multiple Sophons existed simultaneously? Would we still have a chance to participate in the market? At the very least, when a few individuals can dominate the entire market through technical means or capital advantages, the interests of ordinary investors are completely unprotected.

2. How does Analysoor's Fair Launch mechanism work?

Through Analysoor's Fair Launch gameplay, users will no longer need to engage in frantic bidding by significantly increasing gas fees as in other traditional minting models. Instead, each user's cost for participating in minting is fixed. When users participate in minting, they can be understood as purchasing a "block lottery," and the randomly generated hash value of that block will be used as the basis for determining which transaction (lottery) in that block will be the winning transaction (winner).

Overall, the first digit in the block hash will serve as the winning number, while the parity of the digit combinations in the hash will be used to determine the counting order (in most cases, each block's hash will contain at least one digit). Thus, the logic for determining winners can be divided into two scenarios, with examples of both situations provided below.

This judgment logic creates a dual layer of security for the minting distribution process. Under this mechanism, if someone wants to manipulate the minting process, they must purchase a large number of "lotteries" (ideally at least 20) within a block to attempt to occupy 10 transactions from 0-9 at both the top and bottom, which would become a very expensive "bet."

At the same time, the developers of the Analysoor protocol also retain the possibility of making slight random changes to the judgment logic in each future minting activity. Relevant information will be published after each minting activity concludes, and users will have open verification channels. The core purpose remains to prevent bots from finding ways to disrupt the market in a long-term fixed pattern, thereby further reducing the likelihood of fairness being compromised.

Moreover, in the Analysoor protocol, all costs incurred by users during the minting process will neither flow to miners as gas fees nor to the developers' wallets. These fees will all be used to benefit the inscription projects minted by investors themselves.

For example, during the minting of $ZERO, all fees generated were added to the AMM pool to provide liquidity; in the minting of Index ONE NFT, all received fees were used to support the floor price of ONE, allowing holders to always sell ONE at a minimum price of 2.5 Sol. This method successfully prevents liquidity from flowing out of the inscription ecosystem, and the profits generated will attract investors to reinvest, benefiting the ecological protocol and forming a positive cycle.

3. Has Analysoor's Fair Launch model been effective?

In this section, we will analyze whether Analysoor's Fair Launch model has truly achieved fair distribution using statistical data from the $ZERO minting process.

According to the minting statistics, a total of 4,914 addresses participated in the $ZERO minting, with 2,654 completing at least one successful minting, accounting for 54%. There were a total of 113,244 minting attempts, with a calculated weighted average success rate of 9.27%. Now, we will place the number of attempts and success rates of all participants into a scatter plot.

From this chart, we can see that under Analysoor's Fair Launch model, as the number of attempts increases, the distribution of winning percentages remains relatively flat, with no significant increase. On the contrary, "lucky winners" often appear among participants with low attempt counts; the more attempts made, the closer their success rate tends to approach the weighted average success rate.

From this box plot, we can further observe the distribution of participants' success rates, where the third quartile (Q3) is approximately 13.04%, indicating that 75% of participants have success rates below this number. Combined with the previous scatter plot, it is not difficult to find that the remaining 25% of participants are those "lucky winners" with fewer attempts, which is a very normal phenomenon in a lottery mechanism and does not affect our expected fair distribution results.

Meanwhile, linear regression results show that the coefficient for the number of attempts is -0.0056, and the P-value of 0.162 also prevents us from rejecting the null hypothesis. Therefore, this result further proves that there is no significant linear relationship between the winning rate and the number of attempts.

In summary, the method of increasing costs to suppress other participants based on capital size is not applicable in Analysoor's Fair Launch model, and participants need not worry that the size of their capital will affect the fairness of their distribution results. This also confirms what we mentioned earlier: Fair Launch provides both retail investors and whales with the same starting line, and no indicators suggest any actions that compromise fairness occurred during the $ZERO minting process.

4. How will machine learning and AI algorithms help address potential risks?

Thanks to Solana's high throughput and block speed, using block hash values as random number generators and selecting a winner in each block brings us exciting fairness. However, this is not without risks. During the minting of Index ONE NFT, we saw that the transaction volume on the Solana chain reached an average of about 7,000 transactions per minute, approximately 120 TPS, solely from this one minting event.

With the significant increase in demand for Fair Launch in the future and the large volume of on-chain minting activities, high loads may lead to individual blocks being unable to effectively accommodate all minting, thus hindering the smooth progress of the minting process. More importantly, this would cause the fair lottery mechanism achieved through block hash values to fail, limiting the widespread adoption of Analysoor's Fair Launch.

Therefore, seeking other potential alternatives has become an important issue worth considering. Machine learning and AI algorithms offer new solutions and directions for this risk.

Pland suggested that the classification method in AI algorithms is a viable option to explore. Specifically, AI will be trained using the complete historical data of Solana, allowing it to determine whether each address is a compliant participant or holder based on their activities in the secondary market. During this process, multiple data oracles providing the same proof will be used in the system to help AI assign weights to these addresses based on possible factors such as transaction frequency, transaction volume, market influence, and asset size.

In simple terms, we will rely on AI algorithms to set thresholds to filter out suspicious bot addresses (similar to spam filtering), with the threshold level chosen by each different token deployer, and the lottery method will shift from "drawing once per block" to "drawing all winners at once from a larger pool."

Unlike the existing mechanism, in the new scheme, liquidity guidance will no longer be a necessary condition. Therefore, we may see that when the winning results are announced, only the winners need to pay the participation fee, while the fees of non-winning participants can be fully refunded. However, the specific adoption plan can be continuously adjusted and changed according to market conditions and demands.

This approach will push Analysoor towards true decentralization and address the potential issue of Solana block overload, providing a foundation for the widespread adoption of Analysoor. Additionally, as a launchpad service provider, the diversified deployment options and flexibility will allow deployers to customize TGE based on their and the market's needs on the basis of Fair Launch, greatly enhancing Analysoor's appeal to token issuers.

However, there are still some key issues that we should continue to monitor. For instance, the biggest challenge of this mechanism lies in how to ensure that the process of calculating weights can comprehensively consider various factors while ensuring fairness. If the threshold is set too low, bots may enter the prize pool using a large number of addresses to increase their winning rates; conversely, if the threshold is set too high, it may ultimately result in a whitelist effect, which also contradicts the core principle of fairness. Another aspect that needs clarification is whether the weights calculated by the algorithm will affect the winning rates of those addresses, which may spark widespread discussions among users regarding fairness. Additionally, the risk of hackers attacking oracles to cause harm is also a factor that must be considered.

If such issues can be genuinely resolved, we will have ample reason to believe that Analysoor is writing a new historical chapter in on-chain token issuance models and is expected to achieve significant value enhancement in the future. Therefore, we are very much looking forward to seeing what specific implementation plans Analysoor will propose in these areas.

Tokenomics

1. $ZERO

$ZERO is the first token issued by Analysoor using the Fair Launch model and is its only SPL Token (smart contract token on the Solana chain), with a total issuance supply of 21 million tokens, of which 10.5 million tokens (50%) are provided to winning minters, and another 10.5 million tokens (50%) are used to create liquidity on AMM, with no team allocations and no private placements or presales. 98% of LP Tokens in the AMM will be locked until April 20, 2026, and the profits generated will be automatically reinvested into the AMM to further expand liquidity. The minting rights for $ZERO have been relinquished, and there will be no further issuance in the future.

During the minting of $ZERO, a total of 8,847.3 SOL in minting fees was generated, and all fees were placed into the AMM on Metaora.

Currently, according to Metaora data, the TVL of the SOL and ZERO trading pair AMM pool has reached 9.32M, making it the highest TVL AMM pool on Metaora.

In terms of market capitalization, the current market cap of $ZERO is 38.01M (current price $1.81). Considering that Analysoor is the pioneer of the Fair Launch mechanism on the Solana chain, combined with its strong vision for future development and the increasing market demand for Fair Launch, we have reason to believe that its market cap is still undervalued.

2. Holding Situation

According to Solscan data, there are currently 10 addresses holding more than 1% of $ZERO on-chain, totaling 32.4%, while the remaining addresses account for 67.6%. Among them, developer Pland, as the fourth largest holding address, holds 1.69% of the tokens.

3. Value Capture

Currently, there is no clear conclusion regarding the empowerment of $ZERO. In Analysoor's third deployment activity, which is also the first community MEME coin $WHEN minting activity, participants need to pay 1 $ZERO and 0.05 $SOL for each minting attempt.

However, this does not represent a long-term definitive empowerment for $ZERO. All $ZERO fees generated from this minting will be deposited into a wallet to raise sufficient liquidity for its future listing on three major centralized exchanges. This brings some future expectations for community members and holders, but the long-term application scenarios for $ZERO remain unclear.

4. Index ONE NFT

Index ONE is the first NFT issued on Analysoor, totaling 10,002 pieces, of which 2 rare NFTs were not deployed, leaving 10,000 pieces, of which 9,708 were successfully minted. To ensure fairness, the remaining 292 pieces will be burned.

During the minting process of ONE, approximately 25,000 addresses participated, resulting in 536,136 minting attempts and generating about 26,000 $SOL in minting fees, with an average success rate of about 2%.

From this statistical data, we can see that even for those addresses with the most attempts, their success rates did not significantly exceed the average success rate of 2%, further indicating that capital size still cannot create significant competitive advantages under this Fair Launch mechanism, leading to the emergence of unfair phenomena. It is worth mentioning that the reason all 10,000 NFTs were not fully minted is that, as the minting was nearing its end, there were as many as 110-130 minting requests in each block, leading the project team to suspect the possible presence of bots, thus prematurely ending the minting process to prevent fairness from being compromised.

Of all the minting fees generated, 5,000 $SOL were used for floor price protection across four NFT markets, ensuring that the price of ONE will never fall below 2.5 $SOL. If someone triggers this protection mechanism and sells ONE at that price, the ONE will be burned and will not re-enter the market. Additionally, 21,000 $SOL were staked at a 7.3% APY, with assets worth 100,000 USD being withdrawn to pay the artistic designer of the ONE NFT, while the use of the remaining staking profits has yet to be determined. One possible speculation is that these profits may be used to enhance the floor price protection.

Currently, ONE can already be used for NFT lending on Banx and will be listed on more similar platforms. The final design plan for ONE NFT will be decided by community voting, aiming to create an NFT that is similar to or even better than Bitmap and Solmap. In comparison, Bitmap currently has a market cap of about 254M, Solmap's market cap is about 15M, while ONE's current market cap is only about 6.6M.

5. A Misconception

Source: https://www.tensor.trade/trade/one

When we trade Index ONE in the NFT market, we may see the rarity as shown in the figure, and we might find that some rarer ONEs are priced significantly higher than those with lower rarity.

However, developer Pland has stated in the community that this rarity is just a bug and not the true rarity, with only 2 out of the 10,002 ONEs being genuinely rare.

We cannot completely rule out the possibility that the developer may reconsider the design of this rarity in the future. But at least for now, investors need to be clear about this when making purchasing decisions.

6. Value Capture

Similar to $ZERO, ONE NFT currently also lacks a clear conclusion regarding its empowerment. In the community MEME coin $WHEN minting activity, holders of ONE NFT will share 3% of the total supply of $WHEN as an airdrop reward.

Again, this does not represent a long-term definitive empowerment for ONE NFT. Analysoor will not require other project parties using this launchpad in the future to issue airdrops to ONE holders, as this is believed to significantly reduce the number of potential project parties, which is not conducive to Analysoor's long-term development.

In terms of overall market capitalization, we compared the market caps of three other mainstream Launchpad Services with Analysoor, which also shows that Analysoor's current market cap still has very optimistic growth potential.

Overall, although the long-term empowerment of both $ZERO and ONE has yet to be determined, the developers have clearly stated that they are trying to find solutions that allow $ZERO and ONE to profit together without affecting the long-term development of the protocol.

What we can confirm now is that both $ZERO and Index ONE will long-term serve as the only two tokens associated with Analysoor's ecological value, and they are the pioneering "totems" of the Fair Launch model on the Solana chain, providing us with motivation to become early holders and look forward to their considerable value appreciation in the future, with the core value support still coming from the future growth in market demand for the Fair Launch mechanism.

Analysoor Future Development Plans

Developer Pland has stated in the community that before allowing more other project parties to start using Analysoor for token deployment, he will first focus on establishing a better legal structure, including creating a public verification channel for minting situations on-chain.

At the same time, he will carry out community building for the first community MEME coin $WHEN and the artistic creation process of Index ONE NFT, and further improve the Analysoor website to enhance its user-friendliness for new users. Most importantly, the development team will continue to make efforts to combat bots, including but not limited to using AI technology, to maintain a long-term stable Fair Launch mechanism.

In the future, we may see Analysoor collaborate with more Solana ecosystem projects, bringing its Fair Mode to more tracks while jointly maintaining fairness, rather than merely serving as a launchpad for MEME coins and NFTs.

Outlook - How will the Fair Launch mechanism change the market?

As the market's demand for fairness and transparency continues to grow, Fair Launch will become a more popular choice. Particularly in the cryptocurrency market, there is increasing attention to the values of decentralization and equal participation, and Fair Launch aligns with these values. Moreover, as the regulatory environment matures, the Fair Launch approach may be seen as a more compliant way to initiate projects. Fair Launch has several key features and advantages:

1. Fairness and Equal Opportunity: The core of Fair Launch is to provide all participants with equal opportunities, regardless of their background or financial resources. This approach increases the overall inclusivity of the project, helping to enhance the project's credibility and broader community adoption.

2. No Pre-mined or Pre-sold Tokens: In Fair Launch, all tokens are created and distributed transparently after the project starts. This means that no individual or group has an unfair advantage by holding a large number of tokens before others. Typically, in Fair Launch models, project owners directly add liquidity to decentralized exchanges (DEXs), allowing tokens to be tradable from the very beginning of the project (as Analysoor did during the $ZERO minting activity).

3. Preventing Price Manipulation: Fair Launch development teams continuously implement measures to prevent bots, aimed at maintaining market fairness and preventing price manipulation and unfair trading practices.

4. Community Participation: Fair Launch often emphasizes community involvement and engagement. This may include community voting, open discussions and forums, and other methods to ensure that everyone has a voice in the project's development. This community-driven approach fosters long-term participation, creates a loyal user base, and may lead to a more resilient and decentralized network.

5. Reducing Risks: By creating a fair competitive environment and involving broader community participation, Fair Launch helps to reduce the overall risks associated with new cryptocurrencies or blockchain projects. This helps to prevent potential scams or fraudulent activities, which are significant risks faced by investors and users in the crypto space.

Overall, Fair Launch as a powerful concept is revolutionizing the fields of cryptocurrency, blockchain, and finance. By promoting equality, transparency, and community participation, Fair Launch redefines the distribution of cryptocurrencies and tokens, effectively avoiding the concentration of wealth and power, and fostering the growth of decentralized networks. As the industry continues to evolve, both projects and investors need to embrace the principles of Fair Launch.

As market participants increasingly value fairness and transparency, we expect Fair Launch to become more popular in the future, and Analysoor, as the pioneer of Fair Launch on the Solana chain, is likely to be reciprocated with the development of the entire ecosystem and the expansion of demand.

If you are also an enthusiast of inscriptions and NFTs, hoping to participate fairly in the market, and have grown weary of being caught up in the endless "gas fee wars" during this frenzied inscription craze, then Analysoor's Fair Launch mechanism will be a golden opportunity you definitely want to try.

Conclusion and Risk Warning

In summary, we can summarize Analysoor's main advantages and risks as follows.

Advantages:

1. Analysoor has a strong vision and narrative, bringing new dimensions and possibilities for NFT minting and token distribution in the Solana ecosystem. This forward-looking initiative will greatly meet the needs of investors and the market.

2. Considering that multiple projects have already adopted this mechanism, we believe Analysoor can leverage its first-mover advantage to develop and integrate various micro-innovative Fair Launch forms ahead of others. This will provide more diversified TGE options for project deployers and participants in the future, ultimately making Analysoor a multifunctional launchpad on Solana.

3. Analysoor's approach reflects a commitment to innovation and adapting to changing market trends and user needs, which helps build a stronger community and enhance the robustness of its ecosystem.

4. The Analysoor protocol is still in its early stages, and the values of its tokens $ZERO and NFT ONE are currently undervalued, providing good odds for investors. At the same time, the idea of combining $ZERO and ONE for empowerment also gives holders greater imaginative space for the future.

Risks:

1. The Fair Launch model does not guarantee the success or viability of projects; it merely provides a fairer starting point, and ensuring true fairness and transparency may be challenging. The process may still be susceptible to manipulation by those with more resources or technical expertise, including but not limited to smart contract vulnerabilities, hacking attacks, or other security issues.

2. Analysoor currently lacks sufficient decentralization, with its developers still holding ultimate independent decision-making power.

3. As Analysoor moves towards open-source, its innovative Fair Launch mechanism may be subject to imitation. Given the relatively small size and limited funding of the Analysoor team, if larger teams attempt to imitate it, greater funding and stronger development teams could impact Analysoor's influence.

Overall, we remain strongly optimistic about Analysoor's Fair Launch model and its future development, and we look forward to Analysoor becoming a leading project in the Fair Launch model and launchpad on the Solana chain, ultimately leading a transformative wave across the entire crypto industry.