Original title: (The 500-fold god coin DRUGS that surged on the weekend, igniting the new listing frenzy on daos.fun?)
Original authors: Azuma, Odaily Planet Daily.
The DeSci project Big Pharmai (DRUGS) continued to write the wealth creation myth of daos.fun over the weekend.
According to GMGN market data, as of the publication, DRUGS is reported at 0.0401198 dollars, corresponding to a market cap of about 44 million dollars. Based on the fundraising phase limit of 420 SOL (approximately 92,000 dollars) and an additional 42 SOL raised to build initial liquidity, DRUGS has increased nearly 500 times since exiting the 'internal trading', becoming the most outstanding daos.fun system token after ai16z.
Brief description of Big Pharmai concept.
The meme narrative of Big Pharmai focuses on healthcare and pharmaceuticals, with a vision to disrupt 'Big Pharma', which refers to large pharmaceutical companies that have significant influence and market share globally. The X account name of Big Pharmai's initiator is Anthony Fauccai (@anthonyfauccai), which evidently imitates the well-known epidemiologist Anthony Fauci, who gained fame during the pandemic.
The project has attracted widespread attention largely due to the prominent DeSci project Pump Science (RIF, URO) providing clear support; however, Pump Science has also emphasized that DRUGS is not a token of the Pump Science platform.
On December 14, Big Pharmai posted its first tweet regarding the token launch on official X, revealing plans to raise funds on daos.fun, intending to raise 420 SOL (the platform rules also require raising 10% to start initial liquidity).
The fundraising for Big Pharmai has introduced whitelist rules, and the team will selectively grant fundraising participation qualifications to users based on community interaction content. In the comments below related tweets, you can see many users trying their best to attract the attention of the Big Pharmai team in hopes of obtaining some fundraising participation quota.
In total, 7082 people participated in Big Pharmai's fundraising. The subsequent increase in DRUGS also proved that the efforts of these users were not in vain—once they entered the fundraising phase, it meant hundreds of times the increase.
daos.fun: a meme platform disguised as a Launchpad.
At the end of October, after the explosive rise of ai16z, we wrote an analysis article about daos.fun (Analyzing daos.fun: Can the explosive rise of ai16z recreate the pump.fun myth?).
In this article, we mentioned that daos.fun positions itself as a meme 'fund' launch platform based on Solana, and the 'funds' raised on this platform will operate in the form of a DAO and issue corresponding DAO tokens (for example, ai16z is the DAO token of this 'fund').
However, based on the actual developments in the past two months, the community has not viewed the platform according to daos.fun's own positioning, but rather still sees it as a meme platform, even completely treating it as another pump.fun.
In short, the fundraising phase of daos.fun can be regarded as the internal trading phase of pump.fun; the additional 10% amount raised by daos.fun is similar to the necessary liquidity accumulation during the initial issuance phase and internal trading growth phase of pump.fun; the public trading phase after daos.fun's fundraising ends is equivalent to the free trading phase after pump.fun has exited the internal trading.
From the perspective of user participation opportunities, since only vetted initiators can launch 'funds' on daos.fun, and the fundraising amount for popular projects is relatively large, daos.fun has fewer candidates compared to pump.fun, leaving users with a generally longer time window (Big Pharmai's fundraising also lasted nearly 10 hours); however, popular projects on daos.fun often impose whitelist restrictions on fundraising, which causes users to compete on other dimensions such as community interaction to seize limited fundraising quotas.
The ceiling has been lifted, and the enthusiasm for new listings is expected to rise.
The difference in market positioning actually opens up the imaginative space for the daos.fun system tokens—business always has limits, but memes do not; the price of the coin can rise as high as the market enthusiasm allows.
If the previous explosive rise of ai16z could be seen as an isolated case, the performance of DRUGS this time further solidifies the new positioning of daos.fun.
The market value of ai16z recently strongly broke through 1 billion dollars, raising the ceiling for all daos.fun system tokens; the emergence of DRUGS proves the continuity of the wealth creation effect of daos.fun.
Based on this background, we have reason to expect that daos.fun will attract more retail attention and participation in the near future, which may drive the platform to present some new opportunities.
Original link.
