Platform Introduction

The GFM token is the native token of the GoFundMeme platform, carrying the core value of the ecosystem. GoFundMeme is an innovative LaunchPad platform in the Solana ecosystem that pioneeringly integrates PVE (Player vs Environment) narrative into the token economic model, establishing a unique on-chain collaboration framework. Users can participate in on-chain interactive behaviors such as Meme creation contests and liquidity mining tasks to obtain dynamic yield bonuses, thereby enhancing ecosystem activity and community stickiness. The GoFundMeme platform has abandoned traditional venture capital and centralized team intervention, forming a value loop through a deflation model and staking dividend system, and constructing a new paradigm of community-driven token economy.

As one of the fastest-growing LaunchPads in the Solana ecosystem, GoFundMeme has established a zero-risk project incubation standard system. Its open-source protocol supports project teams to complete token issuance at a cost of less than $500 and creates a more deterministic return space for investors through the innovative ‘burn-style crowdfunding’ mechanism. The GFM token also demonstrates strong market growth potential with its expanding use cases.

$GFM is the platform token for GoFundMeme (Image source:https://gofundmeme.io/)

Project link

Official website:https://gofundmeme.io/

X(Twitter):https://x.com/GoFundMemes

Telegram:https://t.me/gofundmeme

White Paper:https://docs.gofundmeme.io/

Solscan:https://solscan.io/token/E1jCTXdkMRoawoWoqfbhiNkkLU84pump

Trading Entrance:https://www.gate.io/pilot/solana/gofundmeme-gfm

Main Features

Innovative PvE storytelling
PVE (Player vs Environment) is an innovative collaborative paradigm in the gaming field extended to the encrypted economic system, specifically referring to the value creation model where participants work together with preset mechanisms to achieve goals. In the GoFundMeme ecosystem, this mechanism is restructured as an on-chain collaborative economic system.

Different from the traditional PvP (Player vs Player) competitive mechanism, GFM’s PvE system encourages users to earn profits through on-chain interactions, task challenges, and community contributions, rather than direct confrontation with other players. This mechanism allows players’ actions to serve the ecological construction more, rather than just a price game, building a more collaborative and sustainable token issuance and operation model in the Meme economy system.

Player vs Environment emphasizes community cooperation (Image source:GoFundMeme)

Highly community autonomous

The core goal of the GFM platform is to build a scalable and sustainable infrastructure that provides innovative support for developers and investors in the Meme culture field. The platform is committed to empowering community members to have higher decision-making power and profit distribution rights under a decentralized governance model, and through highly autonomous operating mechanisms, it creates a fairer and more open growth space for users, promoting the long-term development and prosperity of the ecosystem.

Any user can issue their own Meme token (source:GoFundMeme）

Code-driven on-chain

The core of the GFM protocol lies in its architecture of ‘Code is Law’, where all operations are automatically executed by smart contracts, embedding the platform’s key interactive logic, thus avoiding the drawbacks of human intervention and centralized management. This decentralized design not only reduces operational costs and enhances user trust, but also reduces the risks of monopoly and manipulation that may exist in traditional models, thereby enhancing the sustainability of the GFM ecosystem.

Token Information

Token name: GoFundMeme (GFM)

Token Type: SPL

Total Supply: 999,990,000 TOKENs

Release Date: January 23, 2025

Pool Share: 1.5%

Contract address: E1jCTXdkMRoawoWoqfbhiNkkLbxcSHPssMo36U84pump

GoFundMeme Token Information (Source: GoFundMeme (GFM) | Solscan)

GFM Token has a fair distribution protocol, namely the Fair Launch model. In this model, each SOL contribution is given equal value, ensuring that all participants receive a corresponding amount of tokens based on their investment ratio. This proportional distribution method avoids the potential privileges or unfairness that may occur in traditional issuance models, while enhancing community trust in the project through fully transparent rule design.

The Fair Launch model is very flexible, supporting developers to set the total supply, token distribution, vesting schedule, and financial goals according to project needs. Developers can use this mechanism to reserve tokens for stakeholders or future plans, while using the vesting plan to incentivize long-term commitment, thus ensuring the liquidity and growth potential of the token. Through this transparent and flexible mechanism, the GFM protocol not only achieves fair distribution, but also provides ample space for innovation, promoting token issuance as a dynamic, interesting, and efficient process, meeting the diverse needs of different projects.

Users can customize token supply on the GFM platform (source: https://docs.gofundmeme.io/fair-launch)

Token Functionality

The GFM token plays a central role in the GoFundMeme platform ecosystem, driving the deepening of the DAO governance model. As a completely community-driven token, GFM empowers users to take the lead, allowing them to autonomously decide the platform’s development direction without intervention from a decentralized team. This governance model not only enhances community ownership, but also stimulates users’ long-term participation, forming a highly adhesive ecological interaction.

At the same time, the GoFundMeme platform’s Meme token issuance function allows users to issue Meme tokens for free on the platform, reducing the entry barrier for new projects and providing creators with greater expression space. According to statistics, since the platform went live, there have been over 1000 Meme tokens successfully issued, attracting a cumulative total of over 1 million users, fully validating the sustainable growth potential of the PvE mode.

On the other hand, the staking mechanism of the GFM token provides additional sources of income for holders, which is beneficial for attracting long-term investors and stabilizing token circulation. According to statistics, currently over 50% of the circulating GFM tokens are staked, reflecting the community’s confidence in the long-term development of the project. Stakers not only receive platform revenue sharing, but also participate in voting for important governance decisions, solidifying the decentralized decision-making system.

GFM staking network is a key driver of GoFundMeme ecosystem growth (source: $GFM Staking Network)

Profit-sharing mechanism

When GFM users deposit funds into the liquidity pool, the pool will issue LP tokens (Liquidity Provider Tokens) through smart contracts. If users wish to withdraw assets deposited in the liquidity pool, they can redeem them by returning LP tokens and withdraw profits.

One of the advantages of the GFM protocol is that it does not burn LP tokens after launching the mining pool on decentralized exchanges (DEX), but instead retains these tokens and uses the fees earned from them. Through this mechanism, the protocol can ensure that these earnings flow back to early supporters, allowing them to share in the long-term value brought by the project’s growth. Specifically, the trading fees earned by LP tokens are distributed according to the following ratio:

● 10% allocated to GFM Staking network \
10% of the fees are allocated to the GFM Staking network to support the long-term development of the mining pool management and ecosystem. This portion of the revenue is returned to the participants of the staking network, while promoting the sustainable development of the platform ecosystem.

● 90% allocated to presale merchants \
The remaining 90% of the fees will be distributed in proportion to the contribution of the presale merchants to the total fundraising target of the fund pool. For example, in a mining pool with a fundraising target of 50 SOL, investors who contribute 10% of the target will receive 10% of the fee rewards in the 90% distribution. This distribution mechanism directly links rewards to contributions, ensuring fairness and transparency in the process, effectively enhancing community activity and participation enthusiasm.

In addition, the GFM protocol introduces a unique ‘harvest’ command, which allows anyone to call this on-chain transaction to extract the fee income of LP tokens: the harvester can receive a 1% reward from the harvested fee as a reward for executing the transaction, this mechanism not only reduces the burden of the presale merchant’s management income, but also encourages more users to participate in the ecological operation, forming a self-driven reward system.

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GFM uses the reaper mechanism to claim income and distribute it correctly to presellers (Image source:Harvesting LP Fees | GoFundMeme)

Market Performance

In the early stage of the GFM token deployment, its price quickly rose, accompanied by a significant increase in trading volume; after reaching its peak on January 28, the market experienced a more obvious pullback, entering a sideways consolidation phase. Currently, although the price has fallen from its peak, it still maintains a certain level of activity.

As of the time of writing (February 3, 2025, UTC+0), the price of GFM Token is $0.041, and the fully diluted market value has reached $39,640,000. With the price gradually stabilizing, if the GFM protocol can continue to promote ecosystem development and attract more users and funds to participate, it may accumulate further momentum for potential future growth, bringing new growth opportunities for the token.

The price trend of GFM Token since its deployment on 1.23 (source: https://coinmarketcap.com/dexscan/solana)

Conclusion

The GFM token, with its fully on-chain code-driven approach, has opened up a new narrative mode at the intersection of blockchain and Meme culture. Through a fair distribution model and a community-driven governance system, GFM not only provides a low-threshold token issuance platform for project developers, but also enhances user activity and ecological stickiness through diverse participation mechanisms. As the market gradually stabilizes and the ecosystem continues to develop, the GFM token is expected to further consolidate its position in the Solana ecosystem in the future, bringing greater returns and value growth to investors and users.