2026-01-20 01:31:17

A leading Meme coin platform recently announced the establishment of an investment fund branch and launched a large-scale creative incubation program.

The total amount of this Build in Public Hackathon project reaches $3 million, with plans to support 12 high-quality projects. Each selected project can receive $250,000 in direct funding, corresponding to a $10 million project valuation. The scale is significant, and the support is quite substantial.

The requirements for participating projects are also very clear — they must officially issue their own tokens and present tangible products, not just theoretical plans. Additionally, there is an important condition: the participating team must hold at least 10% of the total token supply. The benefit of this design is to ensure that project teams truly share benefits and risks with the community, avoiding air projects.

This model is considered a relatively innovative financing and incubation approach in the crypto ecosystem. For builders with ideas but lacking funds, it’s a great opportunity window.

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SingleForYears

· 15h ago

Damn, 3 million directly poured in. This time, it's really about supporting the project. --- The requirement of holding 10% of the tokens is tough, and it can indeed block out many who want to cut the leeks. --- Another new way of financing, not sure how many decent things will come out in the end. --- Having money alone isn't enough; you also need a real product. It's definitely better than those air projects, at least the threshold has been raised. --- 12 projects share 3 million, sounds pretty tempting. Let's see who can really deliver something. --- This logic is basically to prevent projects from trying to cut corners; they need to work with the community, which is clever. --- How many incubated projects have failed before? Will this end the same way? --- Is 250,000 startup capital enough? It feels like the cost of starting a business is getting higher and higher. --- Build and try if you have ideas. Anyway, failure isn't a big loss; just like buying a lottery ticket. --- The 10% holding threshold actually keeps retail investors out. To put it plainly, you still need some capital.

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SundayDegen

· 15h ago

$3 million poured in, 12 projects sharing the pie. It feels like only by truly working hard on the product can we succeed; paper currency's value is nothing.

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RealYieldWizard

· 16h ago

3 million USD support for 12 projects? The level of support is indeed impressive, just worried it might be another new trick to fleece investors. Really no tokens or products, directly pass. Finally, there's a platform willing to be this firm. The 10% token holding threshold is well done. Stop with the tricks like "we reserve 99%."

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