KOL names are starting to have mysterious (0,1) symbols at the end. Is it a secret code or a great project? Learn more about Zero in one article
Zero is an innovative protocol on Solana: designed to provide a fair launch and solve liquidity issues for Memes and NFTs.
Let’s take the inscription craze as an example to look at the fair launch issue:
- Scientists use tools to get ahead and make inscriptions in batches. As a retail investor, do you think this is fair?
- Big investors use the power of capital to cover the garden inscription. As a retail investor, do you think it is fair?
From Ordi, Atom to Rune, inscription projects are changing the way fair distribution is achieved, and the first one to set the standard often gets the most benefits.
- Ordi defined the inscription, and the subsequent popularity of the inscription also established Ordi's status in the industry, which in turn increased Ordi's market value.
- (0,1) is redefining a fair-start token distribution model. In the future, more projects will adopt this distribution model, and the value will be fed back to the Zero ecosystem.
Zero’s fair launch token distribution model (very interesting)
This is a fair distribution method that excludes big players/scientists through block hash random numbers + participant input costs. Below is an example of Zero himself:
1. The Solana blockchain generates a block every 400 milliseconds on average
2. If only one valid minting request is selected in each block, it will take about 1 hour and 30 minutes to mint a full series of 10,000 NFTs.
3. Each block has a unique identifier, called a block hash. This hash value is unknown until the block is confirmed, so it can be used as a random number generator.
4. Choose the method of minting/trading winnings:
- First, extract the first number from the block hash (e.g. 6 in "6MjVseMy2khAe1hXnhwFCMZ6FhzuBpaLaezFYnCxZQuN") to determine the winning transaction.
- Then, take all the numbers in the hash (e.g. 6216) and check if they are even numbers to determine which direction to start counting transactions from.
5. Specific implementation:
- If the block hash number is even, count from top to bottom; if it is odd, count backwards.
- Extract the first number 6 from the block hash and select the first transaction containing the number "6"
6. The only way to cheat is to make multiple minting requests in one block, but the clever design of (0,1) is that each minting has a cost, so even big players/scientists who want to monopolize the entire block may suffer heavy losses.
(0,1) not only solves the problem of fair distribution, but also solves the liquidity problem.
All minting fees will be used to provide liquidity for tokens/NFTs.
- For SPL tokens, half of the supply is given to valid minters and the other half is used to create liquidity on the AMM
- For NFT series, all supply is given to valid minters, and the minting income is used to build a bid wall
Market value comparison
- Zero (47M) and Ordi (1.1B)
- One (8M) and Sols (100M)
- Upcoming Meme(?) and Silly (86M)
Next project time node (Saturday 10 pm Beijing time)
1. (0,1) The project team is very good at playing. In addition to Zero tokens and One NFT assets, the project has announced that it will issue Memecoin.
2. The same fair lottery model mentioned above, 0.05Sol +1zero each time, the continuous casting process will stimulate Zero buying 48.5% will be distributed to the successful casting users, and the casting will last for 45 minutes
3. In addition, the holder of One NFT can get 3% of Meme token airdrop
It’s really exciting to see such fair launch innovation. Welcome to add your own protocol that uses Zero issuance.
