In recent days, following a strong surge in BRC20 tokens, a trading frenzy of Meme coins in the Solana public chain ecosystem is sweeping through the cryptocurrency circle, leading to a significant increase in the prices of related tokens. Within 7 days, the SOL token has risen by 56%, breaking through $115 to become the fourth largest ecosystem. The Silly Dragon token within its ecosystem has increased by over 500 times from its lowest point, with a 112.61% increase in 24 hours, and the ZERO token has rapidly and steadily risen by 136% in two days. This wave of trading frenzy for Solana and Avalanche chain Meme coins not only continues the overall hot trading market but also promotes sustained attention to public chain ecosystems. According to TrendX's Twitter market sentiment analysis, the sentiment index related to Meme is "relatively positive," reflecting a lot of attention and optimism.
Today, I want to share the Analysoor protocol behind the ZERO token. The reason for choosing it among many currently popular protocols is that its gameplay is very interesting, with addictive and sustainable user experiences, and it represents a project with promising future potential.
What is Analysoor?
ZERO is the project token created by Analysoor on Solana. Analysoor is the first meta-protocol on Solana, officially launched on December 13 and is still in its early stages. This hot protocol, launched by early Ordinals OG and Solana developer Pland, introduced a unique minting mechanism to ensure fairness and transparency in the NFT minting process.
Analysoor introduces the Index Protocol off-chain indexer, using Solana's historical data to prevent bot participation, which enables fairer distribution when Meme coins are released and guides token liquidity. The ZERO token is the first pure inscription deployed by Analysoor.
Analysoor adopts a system of minting once per block, which does not require user participation in a frenzied bidding process, creating a fair competitive environment for all participants. With its innovative approach to NFT minting and the launch of ZERO, the protocol is expected to fundamentally change the way we interact with digital assets.
How does Analysoor work?
Analysoor is dedicated to building an NFT data center, especially for Ordinals and Solana NFTs, and has been deeply involved for some time. The protocol has already accumulated a loyal fan base and recently launched its own NFT collection.
The Analysoor NFT collection consists of 10,000 unique NFTs, each representing a block in the blockchain. Since only one NFT can be minted per block, the collection provides users with a unique opportunity. The minting process will last at least an hour and a half, providing users with ample time to participate without the pressure of hasty minting. In the spirit of fairness and transparency, Analysoor does not provide refunds for failed minting. All fees collected during the minting process will be accumulated and used for 10,000 rounds of bidding in the NFT market. This strategic move not only ensures the value appreciation of Analysoor NFTs but also creates a vibrant secondary market for these digital collections.
Firemint Gameplay: Fair distribution of ZERO tokens
This is a fair distribution method that excludes whales or bots through a combination of block hash random numbers and participant input costs. Since the gameplay design is completely random, the success of minting is like winning a lottery and is also known as a gambling game. Using the ZERO token as an example:
The Solana blockchain produces an average of one block every 400 milliseconds.
If only one valid minting request is selected in each block, it will take about an hour and a half to mint a complete series of 10,000 NFTs.
Each block has a unique identifier - the block hash. This hash value is unknown until the block is confirmed, making it a random number generator.
Determining the minting/trading method: First, extract the first number from the block hash to determine the winning transaction. Then, extract all the numbers from the hash and check if these numbers are even to determine the direction from which to start counting transactions.
Specifically, if the block hash number is even, count from top to bottom; if it is odd, count in the opposite direction.
After successful minting, the corresponding number of tokens will be airdropped to the participant's wallet.
Gameplay provides liquidity:
During the minting process, a fee of 0.08 SOL is charged for each transaction. As mentioned earlier, there are no refunds for failed minting, and all minting fees will be added to the AMM pool. For SPL tokens, half of the supply is given to successful minters, and the other half is used to create liquidity on the AMM; for NFT series, all supply is given to successful minters, and minting proceeds are used to build a Bid wall on the AMM.
ZERO Token Economics
ZEOR is a Solana-based token that combines inscription, Meme, and gambling concepts. The total supply of ZERO tokens is 21 million, with 10.5 million tokens to be minted at a price of 0.08 SOL per token, and all minting proceeds will be injected into the AMM ZERO pool.
It is reported that the probability of winning the ZERO token minting is approximately 8%, resulting in a market value of $1.3 million when added to the liquidity pool. According to Discord messages, the liquidity pool experiment for ZERO tokens raised a total of $640,000 and is expected to have an equivalent of $640,000 worth of SOL injected into the protocol.
Side Story and Outlook
The Analysoor protocol has only recently been launched, and the ZERO token is the first series released by the protocol. Subsequently, on December 17, the second "ONE" NFT series also began minting. However, both minting events encountered some difficulties:
First, during the ZERO series, some users did not receive the ZERO tokens they were entitled to until about three hours after the minting ended. Analysoor even stated on social media that the funds originally planned for the LP pool were mistakenly sent to ZERO holders and released the holders' wallet addresses, urging them to return the ZERO tokens.
Second, during the minting of the ONE series, due to excessive demand, Analysoor manually closed the minting entrance before the end time, stating that the remaining participants were mostly bots. After the minting ended, there were cases of users who had won but had not received their NFTs.
These minor incidents were resolved by Analysoor's long-term after-sales service. On December 20, Analysoor opened a Discord community, with a threshold for entry being ownership of 100 ZERO or 1 ONE.
In the Discord community message, Pland has already announced that the next step will be the issuance of community-led Meme coins, with Analysoor only responsible for initiating token minting and locking liquidity pools. The minting method is also a fair gambling model, with a fee of 0.05 SOL + 1 ZERO for each transaction. Minting will last for 45 minutes, and it is foreseeable that the continuous minting process will stimulate demand for ZERO, with 48.5% being distributed to successful minters. In addition, ONE NFT holders can receive a 3% airdrop of Meme tokens.
Conclusion
Objectively speaking, this fair minting method does conform to the overall narrative of decentralization, and the mechanism has natural randomness. This gambling-like nature of winning is sure to attract a large number of users willing to participate. Because it is fair, everyone has a chance, and the unexpected joy of winning creates a certain addictive quality. Hopefully, future minting activities can proceed safely and smoothly, with the team continuously optimizing and improving the user experience. With the increasing popularity of the project and the growing number of participants, it is important to not only fundamentally reduce the probability of winning, leading to hopelessness, but also to avoid causing anxiety among participants due to minor incidents.
Overall, there is a fundamental reason for the continued innovation of this fair minting mechanism. After a major reshuffle, the Solana public chain has come back strong, providing strong support for many projects within its ecosystem. Those interested in Analysoor can continue to follow the official operational updates and look forward to the performance of the next Meme token minting!
Links: https://app.trendx.tech/projects/2f300778029fb358ce8240bbf7221aacb1c212bb72c66a8e24251af4e877c22e
Related links: https://linktr.ee/analysoor
Official website: https://analysoor.com/
Official Twitter: https://twitter.com/analysoor
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