BeonEx: Opening a New Era of Innovation in Cryptocurrency Assets

Author: BeonEx

1. The Explosive Development of New Crypto Assets

Over time, BeonEx has witnessed rapid changes in the blockchain and cryptocurrency space, which are profoundly altering the landscape of the financial world. With the continuous evolution of blockchain trading platforms, BeonEx has seen new targets, new tokens, and new public chains emerging one after another, marking a growing demand for aggregated trading platforms.

Aggregated trading platforms have gradually evolved from initially supporting single-token trading platforms to multi-token platforms, such as Uniswap, and then from single liquidity pools to multiple liquidity pools. The market has also formed a locally unified aggregated trading market to some extent, such as Blur. However, the market continues to develop, with new types of crypto assets like inscriptions and runes, which are not ERC20 protocols, emerging and gaining consistent attention from well-known institutions.

Research institutions such as Messari, Nansen, Coinbase, Spartan, and Binance focus on emerging assets and sectors.

Ordinals, BRC-20, Atomicals, and Runes have brought new vitality to the Bitcoin network ecosystem; the combination of RWA and DeFi has created a new narrative for cryptocurrencies; other new assets, including ERC404, NFTs, and Depin protocols, have also made significant progress over the past two years. As shown in the chart below, the market capitalization of inscriptions has increased 40 times, from less than $2 million to $80 million, in less than two months, with corresponding user numbers also showing explosive growth; the leading project Ordi has withstood the test after significant fluctuations, with a minting cost of $0.005, a first peak price of $17, and an increase of 3400 times; after a correction to $2.8, it surged again to a high of $96, yielding a return of 19200 times.

The market capitalization of the leading Bitcoin rune Cook also quickly surged to tens of millions of dollars after its issuance. This demonstrates that the user numbers and market capitalization of new crypto assets have extraordinary explosive potential, which also raises higher demands for the rapid response of trading platforms.

Dune data shows the growth of the total market capitalization of emerging assets inscriptions and the changes in trading volume across platforms.

Dune data shows the number of users for emerging assets inscriptions and the changes in user numbers across platforms.

2. Pain Points and Solutions in the New Crypto Asset Market

New crypto assets often attract significant attention, but they also face a series of challenges, including low liquidity, operational complexity, high chain load, high fees, and insufficient application scenarios, which hinder the further promotion of emerging assets. The liquidity issue is particularly prominent, as assets like inscriptions and runes cannot meet the requirements of smart contracts and can only execute peer-to-peer trades through market orders. This trading model often leads to these assets either experiencing a price crash after a period of hype or becoming illiquid, with the exhaustion of liquidity in the NFT sector serving as a negative example for the market.

In general liquidity pool models, when the depth is low or the trading volume is large, there is a tendency for excessive slippage; if on-chain prices are entirely confirmed by smart contracts, busy on-chain trading may also lead to significant deviations between transaction prices and estimated prices. At the same time, the application ecosystem for these assets is severely lacking, leaving users to merely hold their wallets and wait for price fluctuations, unable to realize the liquidity value of traditional blockchain DeFi or gain capital returns from holding such assets.

Therefore, the traditional fixed aggregated market can no longer meet the trading needs of emerging assets. There is still a lack of a comprehensive and robust aggregated trading platform in the market that can directly address the pain points of the sector, activate the liquidity of new crypto assets, and unlock asset value. It is this urgent market demand that has propelled BeonEx to rise as an innovator, bringing more opportunities to users.

3. Introduction to BeonEx

BeonEx is a future-oriented aggregated trading platform that focuses on promoting the liquidity and application innovation of new crypto assets, addressing the pain points of the sector. Its core functions cover the issuance, trading, and ecological empowerment of new crypto assets. The team consists of early developers from the Bitcoin and Solana communities, with a vision to become a standard setter and industry co-builder in the field of new crypto assets, continuously innovating to build a comprehensive aggregated platform that is innovative, diverse, open, and shared.

4. BeonEx's Advantageous Position in the Aggregated Trading Platform Sector

Breakthrough Innovation

From its inception, BeonEx has established a strategy to avoid following others, insisting on creating a brand-new digital asset trading platform that pursues a unique concept in the current market. BeonEx's uniqueness is reflected in several aspects:

Technical Innovation: BeonEx effectively addresses the liquidity shortage in peer-to-peer trading of most new crypto assets through the NAMM (Novel Asset Market Maker) liquidity aggregation solution. Additionally, BeonEx provides users with more accurate price information through a slippage protection mechanism and off-chain price prediction model. The issues of liquidity exhaustion and illiquid assets will no longer exist, which will be greatly welcomed by users and significantly boost trading volume and user numbers!

Financial Innovation: BeonEx empowers new crypto assets with more financial attributes through the Launch-Mint mechanism, fully activating assets that lack EVM contract interaction capabilities. It creates a dedicated liquidity mining environment for these assets through smart contracts, utilizing a time-weighted reward algorithm and dynamic reward adjustment to periodically distribute rewards. It is expected that BeonEx's financial innovation will lead to a massive influx of new crypto assets. Moreover, the dual empowerment through the Launch Mint accompanying platform token and BeonEx's leading rune airdrop will enable the platform to achieve positive spiral growth in the future.

Real-Time Hotspot Tracking

The technical advantages accumulated by the BeonEx team ensure that community participants always have the opportunity to be at the forefront of hotspots, chasing the most sought-after asset types and ensuring they do not miss out on wealth opportunities! At the same time, BeonEx supports rapid protocol deployment, allowing new asset projects to quickly launch on the platform based on hot protocols, significantly enhancing market activity. New projects will also concentrate and explode on BeonEx, providing users with the best opportunities to grasp market trends!

User Group Diffusion Effect:

Through breakthrough innovation and real-time hotspot tracking, BeonEx can successfully capture sector hotspots, forming a user group diffusion effect that attracts more users and capital influx, resulting in high trading volume. The influx of user funds drives the total locked value (TVL) and user numbers, particularly increasing the number of active users. This increase in active users not only enhances the liquidity of projects but also promotes frequent interactions with smart contracts, creating a virtuous cycle of high gas consumption and high TVL, thereby raising the valuation of the BeonEx project. The formation of a price gap under high valuation will further attract users and hot money, driving up the platform token price and creating a positive price breakthrough, thus entering a dual spiral growth flywheel for BeonEx.

5. Rune Runex - The Leading Rune on BeonEx's Historic New Opportunity

In addition to BeonEx's own platform token, as a platform with Launch Mint functionality, BeonEx will also issue the leading rune Runex upon its launch. Almost every public chain has its leading rune and is in urgent need of new runes to ignite new market enthusiasm and wealth effects.

BeonEx will issue the first rune Runex on the AIA chain, creating a hot gold effect for the leading rune. Some say, "For any platform's first project, just buy it mindlessly." This statement not only describes a market phenomenon but also reflects a common understanding. From an investor's perspective, the first project typically has a higher level of attention and expectation. This is because the first project often serves as a litmus test for the new platform, and its success or failure will directly impact the development of subsequent projects and the platform's reputation.

Therefore, issuers tend to adopt resource-intensive promotional strategies for the first project, and investors choose to buy in mindlessly, with the opportunity for higher returns. In terms of timing, the first Launch Mint project is similar to previous IDOs (Initial DEX Offerings) and launchpads, allowing investors to participate in the token issuance and presale activities of the project to gain investment opportunities, while also receiving rewards in the platform token BEON. More importantly, as a golden shovel, holding Runex allows one to enjoy airdrops of all subsequent rune projects! Furthermore, staking runes can yield platform tokens, meaning that Runex holders can not only benefit from price increases and subsequent airdrops but also earn transaction fee income and additional platform token rewards through liquidity provision, thanks to BeonEx's financial innovations. Participating in the issuance of Runex is truly a single investment with multiple returns.

6. Future Outlook

As the crypto market continues to evolve and grow, the potential of new crypto assets is gradually gaining broader recognition. As a standard setter and industry co-builder in the field of new crypto assets, BeonEx will continuously innovate to build a comprehensive aggregated platform that is innovative, diverse, open, and shared. Through asset issuance, liquidity aggregation, staking rewards, and rune airdrops, BeonEx will become a bridge connecting traditional blockchain assets and the emerging digital economy, bringing new application scenarios and value to the crypto world.

The future of BeonEx is on the horizon.