In the current blockchain world, fairness and liquidity have always been the focus of investors. Recently, Zero, an innovative protocol on Solana, attempts to solve these problems through a new IDO model. The emergence of Zero not only provides a fair start-up opportunity for Meme and NFT projects, but also gives retail investors hope.
Fair Start Challenge
In the early days of blockchain, many projects were launched in an unfair way. Taking the recent "inscription craze" as an example, many retail investors face the capital advantage of large investors and scientists. Scientists use tools to make inscriptions in batches, and large investors can easily surround the entire inscription. As a result, retail investors are unable to participate. This situation makes many investors frustrated.
For example, projects like Ordi, Atom, and Rune are all changing the way fair distribution is done, and the projects that establish the standard first tend to gain the most market share. Ordi’s success not only defined the concept of inscription, but also contributed to its market value, making it a leader in the blockchain industry.
Zero’s innovative token distribution model
Zero aims to redefine the fair launch model of tokens. The core of this model is to combine the block hash nonce and the input cost of participants, thereby excluding the advantages of large investors and scientists. The following is the specific implementation process of Zero:
Block Generation: The Solana blockchain generates a block every 400 milliseconds on average.
Selection of valid requests: With only one valid minting request selected per block, minting a full series of 10,000 NFTs will take approximately 1 hour and 30 minutes.
Random number generation: Each block has a unique identifier - the block hash. This hash value is unknown before the block is confirmed, so it can be used as a random number generator.
Choose a winning deal:
First, the first number (such as the 6 in "6MjVseMy2khAe1hXnhwFCMZ6FhzuBpaLaezFYnCxZQuN") is extracted from the block hash and used to determine the winning transaction.
Then, take all the numbers in the hash and check if they are even to determine in which direction to start counting transactions.
Specific implementation: If the number of the block hash is an even number, count from top to bottom; if it is an odd number, count in reverse.
Based on the extracted number 6, select the first transaction containing the number "6".
The clever thing about this design is that the only way to cheat is to make multiple minting requests in a block, but each minting of the Zero design has a cost, which makes it difficult for big players or scientists who want to scoop the entire block. Potentially huge losses.
Solving liquidity problems
In addition to fair distribution, Zero also cleverly solves the liquidity problem. All minting fees will be used to provide liquidity for tokens and NFTs:
For SPL tokens, half of the supply will be allocated to active minters, with the other half used to create liquidity on automated market makers (AMMs).
For NFT series, all supply will be allocated to valid minters and the Bid Wall will be built with minting proceeds.
Market Cap Comparison and Future Outlook: Currently, Zero has a market cap of approximately $47 million, while Ordi has a market cap of $1.1 billion. This market capitalization comparison shows Zero’s potential in the market. Likewise, One has a market cap of $8 million, while Sols has a market cap of $100 million.
In the future, Zero will launch more projects, including the upcoming Meme and Silly, which are expected to further enhance its market position.
Project timeline
The time node for the next project will arrive on Saturday (10 p.m. Beijing time):
The Zero project team is very good at playing. In addition to Zero tokens and One NFT assets, the project also announced that it will issue Memecoin.
The fair lottery mode of 0.05 Sol + 1 Zero each time will last for 45 minutes. This process will stimulate the buying of Zero, of which 48.5% will be allocated to users who successfully mint.
Additionally, One NFT holders will receive a 3% airdrop of Meme tokens.
This innovative model is exciting, and we look forward to more projects using Zero for distribution in the future. The concept of fair launch will play an increasingly important role in the blockchain world.
In this rapidly developing field, the emergence of Zero has undoubtedly brought hope to many retail investors and provided new ideas for future blockchain projects. We look forward to Zero achieving greater success in the market and leading the fair launch of more projects.