jakiro
Haze:Hello everyone, I am Haze, from GMGN trading products. I believe many people know about this cycle, or have used it.The topic of my speech today is about why GMGN has such a product and what our product mainly does.
GMGN is actually to solve a pain point, for “fast”, why such pain points occur? I will explain it to you next.If Memecoin transactions are very slow on the chain, there will be problems. For young people, if they like to trade Memecoin, they need a “fast” product to solve their pain points.
First of all, let’s take a look at Memecoin. Many people will ask what value Memecoin has?I will divide into three sections to say:
1. Information and asset distribution value are faster than traditional news, because it has something to do with money, so why does it have something to do with money?If you trade Memecoin by yourself, you will find that many hot events will actually be released through Memecoin. For example, hot events that everyone is familiar with, when Trump is shot, he will say Fight, and Memecoin will immediately issue Fight tokens, which will be faster than traditional news, because everyone needs to trade it quickly.Many people think that Memecoin will have emoticons or communities like Dogecion and Shibacoin before, but now Memecoin is more like the way of information distribution.Many hot events around the world are issued through Memecoin, which is the distribution method of information and assets.
2. Cultural consensus.For example, Wave Dodge, which we know very well, will have cultural attributes and will have strong consensus in the entire community.
3. Money attention.When trading Memecoin, you should know that when you buy hot event tokens in the early stage, when the community spreads it and starts to know it and buy it, you may make money on Memecoin in the early stage.
The Memecoin market exploded after PumpFun came out, because PumpFun solved the unified issuance standards for assets.Why is it important to unify issuance standards?Because the standards are unified, more efficient asset distribution methods will appear. This is just like Qin Shihuang unified the weights and measures. Unifying the flow of assets and funds will make circulation very efficient.
Since its launch in January 2024, PumpFun has issued 8.9 million tokens. Before Memecoin, blockchain has not been able to issue so many assets in a year.
As the largest platform for Memecoin trading, GMGN was founded in May 2023. In November 2024, the data ushered in a relatively large explosion. The curve chart is very obvious, with 14 million website traffic and monthly traffic, and 600,000 transactions per day.
Who is the person who trades Memecoin?Who is using GMGN?In fact, many people who use GMGN are no longer a little older, but more young people. When we communicate with many users, most of them are born in the 2000s and early 20s, and are very energetic and very energetic. These people are new cryptocurrency traders.Many people say that cryptocurrencies have new traffic?Can you break the circle?If you learn more about Memecoin, you will find that fresh blood and young people are playing Memecoin instead of playing with the previous DeFi and Etherscan.
Through our understanding, most people look under 30 and in their 20s. In addition, many people have never bought stocks and buy Memecoin as soon as they come in, without the traditional experience of buying stocks.If you have no experience in buying stocks, you don’t receive Buffett’s education, long-term value, financial reports and other things.More of them like to trade in small profits.
The change in concept is very obvious. They only say that Bitcoin and Ethereum are too expensive and the increase is not enough. I am a young man and I can take risks, so I want to play Memecoin. This is a change in the value proposition and investment concept of young people of Generation Z.
Traditional investors born in the 1980s will study white papers, long-term investment, valueism, and technological innovation. This was the case when I first entered the circle. I will go to every Telegram to talk to many Founders about how your technology is implemented and whether I can talk to me.But now, many people who do value investment and projects may encounter a problem. Why no one discusses my white paper with me? Many people discusses my economic model and currency price with me because the new investment group has changed. They don’t discuss these with you. They discuss other things with you, your social signals, trend cycles, community culture, and cultural resonance.
There are many pain points on this basis. Traditional on-chain transactions no longer satisfy them because they think the transaction is too slow. I am not here to take over. I want to grab the stocks. I want to get early chips more fairly. I don’t want to get them with VCs and investment institutions. I have to play on the chain myself. So in this case of changing pain points, speed becomes very critical to the importance of obtaining tokens.Everyone thinks Memecoin is relatively fair because the on-chain chips are very open.Young investors cannot tolerate the slowness on the traditional chain. Many young people in the WeChat group say it is too slow and blame me for this thing. When I see this situation, I think GMGN is a product that comes into being to solve their pain points.
GMGN grasps one principle when solving pain points. Memecoin trading, the second-level gap determines success or failure.
There is a saying that is rather vulgar, but the consensus in the community is that “eat meat for one second when people are faster than others, and eat shit for one second when people are slow” is similar to the essence of users pursuing the on-chain transactions.
The “four fast” solved by GMGN:
(1) Quick discovery, how to quickly discover good assets.
(2) Quick decisions, how to make quick decisions can you buy.
(3) Quick operation, faster than others when operating.
(4) Execute quickly, how to stuff faster than others, “subt” means buying, which is the term in our community.
The first thing I do is to scan the chain three columns, which is the official name defined by the community in Memecoin product design. Before the Memecoin chain transaction, there was no product called scan chain three columns. Scan chain three columns are mainly to monitor new assets issued on the chain. As long as the new assets issued on the chain are pushed to you immediately, just like a short video of Douyin, as long as the creator sends the video, it can be pushed to you immediately, and it can be pushed directly from the chain to you in one second. Therefore, it is called scan chain three columns, which can achieve real-time discovery and push in seconds.
Play an animation, which allows everyone to intuitively feel what is pushing in seconds. This is the three columns of the scan chain, which will continuously scroll “thunderously”, and each scrolling asset is 1 second.
After the asset is discovered, solve another problem for users, the problem of transaction decisions. Many people on the chain know that chips and data are open and transparent, but how do you turn these things into things that users can understand, and discovering value to users is actually very important.So we have been doing on-chain data before this company, and for four years, we have dug up the entire network data.Four years ago, we did something to connect the address on the chain with Twitter. When I was doing DeFi, I found that many people like to monitor an address, but who is behind the address?People don’t know what this address is. The address is a string of numbers, which is a relatively abstract thing. Even if I look at the address, I don’t know who this person is. For me, there is no specific perception or the perception of decision-making. So the first thing we do is to connect the address with Twitter, what is the address behind the Twitter name, whether he makes money or not, what is he playing, we will solve this problem.Now if you play Meme coins, you will find that who is the big V, who is the front of the car, and I know what his address is. GMGN has done this four years ago.
In 2024, the “Rat Stories” function was first created. In CEX trading, people often say that who is the Rat Stories, but in fact, I don’t know that CEX is the Rat Stories, why do you say that I am the Rat Stories?Why are there such objections?The data of CEX is not transparent, and the data on the chain is transparent. Please mark it out and take a look at whether it is a mouse warehouse.
In 2024, we made the function of rat trading. This function was very popular with the community when it was launched. Everyone said that I finally knew that someone’s address was rat trading. After discovering it, I directly hang it on Twitter to scold him.This function is the best manifestation of data transparency, making transactions more fair and making decisions more rational.After this, we continue to enrich the dimensions of data, such as diamond hands and paper hands, for example, if you hold them for one or two years, this person is a diamond hands. Usually, many people say that I have a lot of Bitcoins, I am a diamond hands, but now I mark you on the chain, and everyone knows that you are a diamond hands.But some people say that I have never sold currency but your address on the chain has been selling coins, so I marked you with paper hands, so even if you say that you are not paper hands, your address is clear and everyone knows it.
There are also profit and loss analysis, token sources, such as the exchange from which tokens are transferred tokens and secretly send a token to cut leeks. I can catch you. I said you transferred from CEX, you are issuing the market, you are cutting leeks.We spent four years creating this kind of data, allowing more users to clearly know where they are when trading on the chain. Each plate of a good community user is relatively transparent in his eyes. Researching data addresses and on-chain data is equivalent to stock trading, financial reports and other fundamentals, and it is the same.
(As shown in the picture) This is the data page. You can see that there are a lot of data addresses, name and address. The diamond label behind it is the diamond hand. There is a small fishing rod label that represents the address that is the distribution address. This chip is an address and bought a large number of them and distributed to many small accounts. This is called the bale board address (sound).There is an English name in the middle called Dnf. Because he is connected to Twitter, I know he is a big V. What is his name? I can also give him a note.There are many banners on it, such as KOL, VC, Smart Money, New Wallet, Developer, Rat Stopper, Fishing Wallet, all of which are marked for you, so when you trade on the chain, as long as you use GMGN, all data will be transparent and give you a relatively fair environment.
We also did something, pursuing how users operate and trade quickly, which may be more experienced in making products, how to enable users to trade faster. We have spent a lot of digital experiences, such as 500 seed users, constantly giving us feedback and suggestions, and so far, we have received 4,000 feedback from users.There was another loss of 350,000 US dollars, which I lost when I used the product myself. I lost purely by playing Memecoin on the chain, so I said I spent money to buy cognition.In addition, the “three points and one line” operation interface is formed. The left side is address monitoring, the middle K-line, and the right side is buying and selling. As long as you are familiar with the view from the left point and the middle, and buy on the right, forming a muscle memory of the three points and one line. In order to make it faster and more convenient for everyone to buy, you can buy with your eyes closed after you are familiar with it.
Another thing we do is called fast execution, 0.58 seconds, which is the transaction speed on Solana. Solana’s speed is 0.4 seconds, and we only take 0.58 seconds.
I made a video comparison, and the mobile terminal on the left is the traditional wallet on the right.You can take a look at what is the difference between the trading speed pursued by Memecoin traders now and the trading speed of traditional wallets?(Play video) We have already bought it in 0.58 seconds, while the traditional wallet is still on the link and is still redirecting, and it will be bought in 2.3 seconds. If you trade with GMGN users at the same time, GMGN users have already bought it for two seconds. You have just bought it, and the speed determines your chip advantages and price advantages.
We not only have speed, but we also have a community of young people.I just said that Gen Z young people began to monetize their economy through attention, trading Meme coins and trading hot spots.At the same time, there is also a very unique community language culture, which is the language culture of young people. I don’t know if anyone here knows it.For example, if you know what “drink”, “block” and “fixed” means. If you don’t know, you may be a bit out of date in this cycle.”Soaked” means that after I buy it, I will sell the chips to you.After I asked me to buy the “cap” and the price of the coin kept falling, blocking the basketball like playing basketball; “fixed” means finding a token address, but I don’t know whose it belongs to. Trump suddenly said that this is mine, so I fixed his token address, which is the community culture of young people in the MemecoinZ world.
Social behavior has actually begun to undergo some changes, such as discovering CA, copying CA, and forwarding CA, which replaces likes, comments, and forwarding. They have replaced their behavior when browsing short videos by finding tokens, forwarding tokens, and spreading tokens in the world of blockchain.Of course, why did he do this?Because he has financial gains.
The name you give to our community is “P Young Master”.
I just said so much, you are pursuing speed, you are teenagers, you are cultured, you are talking so much, do these people make money?How much money do you make?Is anyone making money on Memecoin?I know many people have such problems, otherwise I would say so much “nonsense” on stage.
We have a tutorial “How to make money from 0 to 10 million”?If you browse Twitter, you should have read it, this is written by GMGN.There are many examples here (as shown in the picture). This picture is different from CEX. CEX can be P and fake, but the chain cannot be tampered with. Everyone can see how much money it has made.In Trump’s wave, there are many young players. Now, according to the culture of our community, these people are already called “Marrior P” because they have advanced. They can earn 17 Millions in two days, 17 million US dollars on Trump. They can use speed, attention, their energy, and the power of trends to make them make more money.
If you want to know exactly how they make money, welcome to go to the GMGN booth outside. We have prepared relevant tutorials. You can check out their on-chain address and how they make money.
To sum up, GMGN is actually using speed to capture hot spots for users, using speed to distribute assets for users, and using speed to realize value for users.
What else does the GMGN trading platform do?We are also builders of public chains, bringing a lot of value to public chains:
1. There are the most active on-chain transactions, just like the “P young player”, the number of transactions on the chain is hundreds of times a day, so users who trade quickly do not have them on many chains.
2. Have a good product experience.
3. It has Meme trading liquidity and community culture.
4. With self-built trading nodes, it can improve the speed of public chain transactions.
5. Token pledge maintains the security of the public chain network.
6. Help the public chain to perform data analysis. There are many transaction data that can be analyzed based on public chain data to provide value for the public chain.
We are the builders of public chains and earned 60 million US dollars on Solana, but one sold in the US is pledged. We are not Maimaiti’s company. We are a company that attaches importance to long-term value and is really building public chains. If you are interested, I can send you the pledge address. It is really Solana with 60 million US dollars. Of course, Solana has fallen a little now, and it may have changed a little, but it is indeed so much money and has never been sold.
Many people see that Meme coins are falling all the time, but I think as long as the hot spots are not dead, hot assets will be released. Although you can’t see Meme coins with a large market value, small Meme coins will still emerge one after another.
Hot spots are not dead, Meme coins are not destroyed, thank you!
