This is the first post in a series of articles that aim at explaining our vision behind SODA, a memecoin platform with frictionless onboarding and unique PvE economy powered by Telegram Mini Apps.

What is SODA?

Memecoins are PvP assets. They are short-lived, “i-win-you-lose” bonding curve trading games for Web3 natives. Only a tiny fraction of memecoins live up to becoming something more.

This makes them great for those who want to gamble. But what about the rest of us?

SODA makes memecoins awesome for everyone.

Do you hate rugpulls? SODA allows you to get your first memecoins with zero rugpull risk. More than that, you don’t have to pay anything to farm your first coins.

Are you new to blockchains? No worries, start farming your favourite memecoin with nothing, but a Telegram account. No gas to have, no wallet to install. SODA is the best memecoin onboarding possible.

Do you want to launch a viral memecoin? Attract both Web3 degens and Web2 users. We’ll give you everything you need to make your coin a success: from viral games, referral system and leaderboard to AI agents. With SODA, you have all the tools to build a memecoin cult and bring your token to the top.

In this article, we’ll deep dive into how SODA enables memecoins with no trading and no rugpulls.

Let’s start with looking at what hinders memecoin growth today.

What’s wrong with memecoins

There are 3 key challenges that plague memecoins:

• Rugpulls capture most value. While rugpulls can be considered an essential feature of memecoins, they definitely do not reflect what the vast majority of users are willing to engage in. Most users are increasingly turned away because they again and again end up losing money. The value lost by ordinary users is accrued by rugpullers with advanced tools (e.g., sniper bots). If we want to see memecoins with billions in marketcap, this has to change.

• Limited distribution. Memecoin platforms cater Web3 degens. They cannot reach wider audience, including Web2 normies. The mere fact that a user needs a wallet and gas to start trading is a huge on-boarding hurdle. Some apps such as Moonshot allow using credit & debit cards to buy memecoins, but the Appstore and acquiring fees are eating away users’ profits. Seamless onboarding and the ability to get involved for free is the key to enabling hyper growth of memecoin market.

• Low capital efficiency. Memecoins have lost around $500M in fees to locked liquidity (source: Keyrock). Not only the trading fees are lost, but the liquidity is not generating any yield (e.g. through liquid staking). The larger memecoin market will become, the more pressing this problem would become.

To sum up, we need to have a true fair launch economy (with PvP rugpulls only for those who want to gamble), grow the user base at least 10x and improve capital efficiency of the memecoin liquidity.

In this article, we focus on the economy and distribution. And when it comes to consumer crypto distribution, nothing beats Telegram Mini Apps.

Telegram Mini-Apps are Memecoins 2.0

We have all witnessed unprecedented growth in crypto Telegram Mini-Apps (TMAs), more specifically Tap-To-Earn games.

Notcoin, Catizen and Hamster Combat have proven TMA-based games to be #1 distribution channel in crypto.

The reason behind this is simple: TMAs are fun, viral, and social.

However, while almost anyone can create a memecoin, there are no tools to create Telegram mini-apps without coding. As a result, the creative potential of the vast Telegram user base remains untapped. We are talking about millions of users who love playing Telegram tap-to-earn games and are eager to turn memes into tokens and games.

This is where SODA comes in.

SODA is a no-code TMA memecoins builder

SODA is an easy to use no-code Telegram Mini-App (TMA) games builder that allows anyone to launch a game with a memecoin in several clicks. Rather than a boring JPEG, make a fun, social game with a token in under 1 minute.

SODA is simple. No coding knowledge required. No art or game design skills needed - get started with AI generated assets and ready-made game presets (e.g. idle, tap, craft games).

It goes without saying that all pieces generated by AI can be changed or customized manually.

Finally, launching a game does not require installing any wallets or having any gas. Every school kid with a Telegram account can now jump start their own game and a token!

SODA is the best memecoin distribution

SODA allows memecoins to leverage Telegram as a distribution channel. Every SODA app comes with:

• direct link to your TMA

• referral system

• point-based leaderboard

• configurable social media quests

• AI agent to generate content Twitter

A memecoin dev gets every tool to grow their token!

SODA is a PvE memecoin economy

SODA brings the first-of-its-kind net positive token launch model.

Both degen traders and airdrop farmers contribute to the token’s liquidity:

• Want classic memecoin PvP trading experience? Buy and sell tokens memecoin as you used to. Trade fees go to token’s liquidity pool.

• Don’t feel like risking money? Climb the ranks in a free-to-play game to earn your fair share of tokens. In-game microtransactions, ad revenue and sponsored quests contribute to the token’s liquidity pool.

With SODA, selling tokens or trading against others is NOT required anymore to launch a token! Grow your playerbase, add more content to your game, collaborate with other Web3 projects, and your token’s liquidity will grow organically.

We would like to emphasize one unique difference of SODA. Unlike PumpFun and its clones, SODA keeps already accumulated token liquidity untouched by PvP trades. In other words, players can never become “exit liquidity” for traders. For example, one cannot sell tokens against the liquidity gathered through in-game purchases or any other fees.

Conslusion

In this article, we have just scratched the surface of what makes SODA unique: it aims at radically improving three key drivers for the memecoin growth supercycle: onboarding, distribution and economy.

We are at the very beginning of an exciting journey to revamp traditional understanding of tokens and financial assets in general. Follow us on Mirror, Twitter and Telegram and be the first to try out SODA testnet.