The Hype Paper
Hype.fun is an innovative web3 project that integrates the viral nature and influential impact of the memecoin ecosystem and Degen Community with practical utilities to offer real value to its community fully backed by its utility token - HypeCoin ($HYPE)
Memecoins have taken the cryptocurrency world by storm, driven by community enthusiasm, social media virality, and a sense of humour. However, memecoins lack practical utility and long-term sustainability, and many Degens have gone rekt due to their high-risk nature. Hype.fun seeks to bridge this gap by integrating real value, utility and security into the memecoin model, ensuring a robust and enduring ecosystem for Degens.
▶︎ Vision and Mission
Vision:
To create a future where the meme coin ecosystem not only generates virality and hype but also offers substantial value to the community.
Mission:
To lead the cryptocurrency space by building a vibrant community around $HYPE, driven by innovation, transparency, and social impact. Hype.fun aims to merge excitement with practicality, providing utilities that ensure long-term sustainability.
The best choice for every Degen or newbie in the web3 space.
▶︎ Features
Native Account Abstraction/Paymaster Support on
Zksync:
Native Account Abstraction on ZKsync Era fundamentally changes how accounts operate by introducing the concept of Smart Accounts and Paymasters.
Paymasters in the ZKsync ecosystem is a groundbreaking approach to handling transaction fees.
By integrating the sponsored Paymaster, Hype.fun enables 100% gasless transactions on the platform improving the accessibility and user experience on Hype.fun.
Hype.fun integrates Smart Accounts, fully programmable and customizable accounts that facilitate easy onboarding onto the platform.
Advanced Security Measures:
Hype.fun employs advanced security models to protect our community from bad actors and scams.
Our security model comprises
Automatic AI models for auditing to prevent saturation and rugpull memecoins
On-chain security fund measures like constant liquidity locks and regulated creator allocations to promote a safe Degen environment.
Regular Team Security Checks to distribute merited SAFU tags on tokens.
On-Chain DAO Protocols:
Hype.fun is imbibing community decentralization to ensure full transparency and inclusive decision-making by empowering the community to propose and vote on critical decisions using the $HYPE token.
▶︎ Utilities
HypeHub
HypePredict
HypeGames
HypeStake
HypeShop
HypeHub
HypeHub is a central feature of the Hype.fun ecosystem, designed to facilitate the creation, launch, and instant trading of memecoins. It combines innovative technology, user-friendly interfaces, and advanced security measures for a seamless user experience.
Features of the hub include:
Memecoin Launchpad: Users can easily create, launch and seamlessly trade memecoins on the platform
AI Models: AI models such as Image Recognition and Data Learning models ensure the uniqueness of thumbnails, names and tickers of memecoins created and launched on the platform to identify and prevent potential scams.
Liquidity Pool Protocol: This enables trading of memecoins and determines token prices based on buy and sell activities.
Automatic Liquidity Lock: All liquidity pools are automatically locked to prevent rugpulls
Tokens Categories on HypeHub
Early: Recently created tokens with only the buy function enabled.
Launch: Tokens with both buy and sell functions enabled.
Hyped: Tokens with substantial liquidity, trading activity, and community hype.
SAFU: Verified tokens with access to advanced utilities such as staking pools.
HypePredict
HypePredict is a pivotal feature within the Hype.fun ecosystem, designed to engage community members in predicting the outcomes of trendy topics within the ecosystem and forecasting the results of future events while leveraging blockchain technology for security and transparency. This feature not only enhances community interaction but also provides a crucial use case for HypeCoin ($HYPE).
Features of HypePredict include:
HypePredict allows users to participate by voting Yes or No on various predictions. Each vote requires a deposit of HypeCoin ($HYPE), creating a prediction pool for that event.
The prediction pool converts user deposits into points, representing their potential winnings. It grows as more users participate, dynamically updating the points and rewards for each side based on user deposits.
Each prediction is created with a predefined end date, set by the poll creator. Voting remains open until this date, providing a clear timeframe for participation. Once the prediction period ends, the outcome is determined based on the event's actual result.
After the outcome is determined, users who voted correctly receive rewards from the total prediction pool, proportional to their points. The losing side forfeits their deposits, which are redistributed among the winners.
Users can create predictions, adding a personalized and engaging layer to the platform. These user-generated predictions are reviewed by advanced AI models to ensure they are unique and free from fraud tactics, maintaining the platform’s integrity and security.
Creators of successful predictions receive a set percentage of the total prediction pool as a reward, incentivizing active participation. Hype.fun also retains a percentage to support platform development and maintenance. The remaining pool is distributed among the winning participants, ensuring a balanced reward system.
HypeGames
HypeGames is an exciting and integral part of the Hype.fun ecosystem, designed to engage community members with a variety of interactive and rewarding games. By participating in HypeGames, users can earn rewards, enjoy diverse entertainment options, and further immerse themselves in the Hype.fun community.
Features of HypeGames Include:
Raffles
Raffles games provide a simple yet thrilling way for users to win prizes.
Here's how the raffle game will be operated:
Users can purchase raffle tickets using HypeCoin ($HYPE). Each ticket represents an entry into the raffle, with no limit on the number of tickets a user can buy, increasing their chances of winning.
A predetermined set of prizes will be announced before the raffle begins. These prizes can include digital goods, physical merchandise, NFTs, or other valuable items.
At a specified time, a random drawing is held to select the winning ticket(s). This process ensures fairness and transparency, with all entries having an equal chance of winning.
The holders of the winning tickets are awarded the prizes. Winners will be notified and their prizes will be automatically transferred to their accounts.
A portion of the funds raised from ticket sales will go towards the prize pool, while the remaining funds will be used to support the development and maintenance of the Hype.fun platform, ensuring its long-term sustainability.
Future Games
In addition to raffles, HypeGames will introduce several other types of games to enhance user engagement and enjoyment. These future games will include, but are not limited to trivia quizzes, skill-based games, spin-the-wheel, and many more. Each game will be designed to provide a unique and entertaining experience, while also offering opportunities for users to earn rewards and further utilize HypeCoin within the ecosystem.
More information about these new games will be released soon, as the development team finalizes the features and mechanics. Users are encouraged to stay tuned for updates and participate in community discussions to influence the types of games introduced.
HypeStake:
The staking platform supports a variety of staking pools for $HYPE and other SAFU-tagged tokens, designed to reward long-term holding and active participation within the ecosystem. The platform provides attractive incentives that balance user benefits with overall ecosystem health.
HypeStake Pools Include:
Flexible Pools which allows users to stake and unstake their tokens at their convenience.
Time-locked pools offer higher rewards for extended staking periods, promoting commitment to the platform.
HypeShop
HypeShop is a multifaceted marketplace within the Hype.fun ecosystem. Users can purchase a wide range of items, including digital goods, physical merchandise, and IRL collectibles. Additionally, HypeShop hosts auctions for exclusive on-chain and IRL items, offering an engaging way to utilize $HYPE tokens.
More Utilities:
Stay tuned for more utilities in development, it’s undoubtedly WORTH THE $HYPE.
▶︎ Tokenomics
Name: HypeCoin
Ticker: $HYPE
Total Supply:
1,000,000,000 $HYPE
Initial Distribution:
ICOs: 40% (400,000,000 $HYPE)
Community Rewards: 20% (200,000,000 $HYPE)
Team: 10% (100,000,000 $HYPE)
Marketing and Development: 15% (150,000,000 $HYPE)
Treasury: 10% (100,000,000 $HYPE)
Liquidity Pool: 5% (50,000,000 $HYPE)
Transaction Fees:
Buy/Sell Tax: 4% of Transaction Amount
2% to Development Fund
1% to Community Rewards
1% to Treasury
Token Distribution Schedule:
ICO: 400,000,000 $HYPE, no vesting period.
Community Rewards: 200,000,000 $HYPE, 100% available at TGE.
Staking Rewards: 60% (120,000,000 $HYPE)
Quests: 20% (40,000,000 $HYPE)
Future Initiatives: 20% (40,000,000 $HYPE)
Team: 100,000,000 $HYPE, 10% available at TGE, 90% vested over 48 months with a 6-month cliff period.
Marketing and Development: 150,000,000 $HYPE, 30% available at TGE, 70% vested linearly over 18 months.
Treasury: 100,000,000 $HYPE, 100% vested linearly over 48 months with a 12-month cliff period after TGE.
Liquidity Pool: 50,000,000 $HYPE, no vesting period.
▶︎ Roadmap
Phase 1: Foundation and Launch
Launch the official website.
Create and grow social media channels and community groups.
Start targeted marketing campaigns to build awareness and attract early adopters.
Develop and audit the smart contracts.
Launch the HypeApp with primary utilities available.
Conduct the Initial token offerings of $HYPE.
Phase 2: Growth and Utility Expansion
Finalize distributions of $HYPE from the Initial token offerings.
List $HYPE on major centralized and decentralized exchanges.
Reveal the post-launch updated website.
Initiate the staking incentive programs with active pools on HypeStake.
Launch the HypeShop.
Implement governance mechanisms, allowing community voting on key decisions.
Phase 3: Ecosystem Development
Expand the merchandise store with new and exclusive items.
Collaborate with brands, influencers, and other crypto projects to enhance visibility and credibility.
Maintain transparency and engagement by providing regular updates on project progress, new developments, and plans.
Publish a comprehensive plan detailing the future developments of the platform.
▶︎ Why Should You Choose Hype.fun
Competitor Differentiators
Hype.fun is designed to adequately fill significant and problematic gaps in the current Degen-MemeFi ecosystem by integrating multiple innovative utilities into a single, cohesive platform.
By combining the viral, fun and hype nature of the Degen space alongside community-driven aspects of the ecosystem with practical, robust utilities to ensure long-term value, we are differentiated from existing competitors in the space.
Insights into What Makes Us Different:
Advanced AI Integration
Hype.fun leverages advanced AI models for various functionalities to ensure the uniqueness and integrity of memecoins created on our platform.
This technology helps in preventing scams and duplications, providing a secure environment for users. Compared to competitors, our AI-driven approach ensures a higher level of security and reliability.
Enhanced Security Protocols
Our platform employs rigorous security measures to protect user funds and data. All liquidity pools are automatically locked to prevent rug pulls, a common issue in the Defi space. Additionally, advanced security models are employed to scrutinize all user activities and to prevent fraudulent activities and bad actors in the space.
These security protocols set Hype.fun apart as a pacesetter in providing such comprehensive safeguards.
Comprehensive Ecosystem
Hype.fun integrates multiple utilities into a single platform.
This all-in-one approach offers a seamless experience on the platform while eliminating the need to navigate multiple platforms for different services, unlike other competing platforms that lack the comprehensive utility integration that Hype.fun provides.
User-Friendly Experience
Hype.fun offers a highly intuitive and user-friendly interface designed to cater to both seasoned crypto enthusiasts and newcomers. By integrating features like smart accounts and gasless transactions, we simplify complex processes and make them accessible to a broader audience.
This emphasis on user experience sets us apart from most of our competitors in this space.
Community-Focused Platform
Our On-chain DAO protocol allows $HYPE holders to propose and vote on critical decisions. This decentralized approach ensures that the platform evolves in line with the community's interests and needs, fostering a sense of ownership and engagement. We are the revolutionized community-centric platform.
Transparency
Hype.fun utilizes on-chain smart contracts for its core procedures, ensuring all transactions and operations are publicly accessible, immutable and verifiable.
The decentralized governance model ensures that changes are made transparently and democratically. Additionally, Hype.fun undergoes regular third-party audits by reputable blockchain security firms that provide an unbiased assessment of the platform's security and operations, with audit reports made publicly available, reinforcing the platform’s commitment to transparency and security.
Unlike our competitors in the space, we are the Degen platform built on trust.
▶︎ Conclusion
We aim to blend the excitement of the degen-memecoins ecosystem with real value and utility. By focusing on community engagement and practical utilities, $HYPE is poised to attract a diverse and dedicated user base. Join us on this journey to create a community that is not only fun but also impactful.
▶︎ Legal Disclaimer
This whitepaper is for informational purposes only and does not constitute financial advice, investment advice, or any other type of advice. Potential investors should conduct their research and seek professional advice before investing in any cryptocurrency.
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