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By Timeleap Team
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Meme coins have surged this cycle with many successful launches on chains like Ethereum, Solana, or Base. It has become evident that this growth is mainly driven by dedicated communities that actively engage and push their meme to greater heights. While these established chains offer a strong foundation, they also come with trade-offs — trade-offs that can hinder a project’s ability to reach its full potential, as you are tied to a certain ecosystem and its contributors. Relying on external chains means inheriting their fees, rules, and competing for mindshare with existing projects. For example, as your project gains traction, high fees paid to external validators and network congestion can lead to a significant value leak. Additionally, you often face limited customization possibilities when trying to add unique features or tweak tokenomics to better serve your community.
Lastly, many meme coins struggle with having little to no utility. Many are drawn to the speculative nature of meme coins which can lead to high valuations. However, as the circulating supply increases, ever-growing sell pressure is created. Therefore, over time the lack of 'real value' results in a downward trajectory for most of these tokens.
Pepe Unchained captured attention as it raised over $11.5 million for its own L2 meme project since June. That’s a big deal as it significantly outperforms other highly anticipated pre-sales in the same category — e.g., Base Dawgz ($3.2M), PlayDoge ($6.0M), Shiba Shootout ($1.0M) — within similar or even longer fundraising periods.
This highlights the potential demand for memes with their own infrastructure, signaling that a dedicated chain can drive stronger community support and higher valuations. Floki ($1.2B FDV) has, for example, progressed very well with its own NFT marketplace, games, and DEXes — all without its own chain. However, to reach, e.g., Shiba Inu ($13.2B FDV) scale with its Shibarium chain, Floki may benefit greatly from launching its own chain. Doing so could very well set a new industry trend and standard — and we're just at the beginning of this promising narrative.
But even with that kind of funding, setting up and managing your own blockchain isn’t a walk in the park; it's a costly endeavour as it requires skilled developers to set up, customize, maintain, and upgrade the blockchain. For many projects, this barrier is enough to keep them chained to existing platforms.
Timeleap Blockchain-as-a-Service (BaaS) provides a fully customizable and EVM-compatible blockchain, set up and maintained by their expert team. It offers a cost-effective approach to launching your own chain without the usual complexities. As BaaS is white-label ready, you can brand the technology as your own without disclosing the underlying tech.
With BaaS, you have access to a high-speed chain capable of handling up to 12,500 transactions per second with an average of 0.2s block time and 0.38s block finality (in comparison to, e.g., Ethereum’s ~ 12.04s block time and ~ 16m block finality). Each iteration of your blockchain is completely tailored to meet your project’s specific needs, ensuring reliable performance and security. This flexibility allows you to customize your blockchain according to your vision, moving beyond the constraints of any existing platforms.
This isn’t just about owning a blockchain; it’s about evolving your ERC-20 token into a Proof-of-Stake gas token with governance capabilities, central to smart contract interactions, making it the core of your ecosystem — all while keeping value and branding in-house and empowering your community.
Timeleap BaaS also grows with your project, and the expert dev team can assist every step of the way with custom development tasks like launching high-performance dApps, NFT platforms, your own branded wallet and bridge, and much more.
In addition, owning your chain opens up many new revenue streams. For example, it is possible to convert transaction volume into revenue through transaction/swapping fees and cross-chain asset transfers using your non-custodial decentralized bridge — all validated by your own nodes. Doing so ensures all gains remain within your own treasury, token economy and community instead of being siphoned off by service providers and third-party market makers.
So far, building and maintaining a blockchain has been too complex and costly to become a staple for most meme projects. But with Timeleap BaaS, this hurdle is removed. You can now effortlessly deploy your own blockchain, secure more value within your network, and tap into a market with strong investor appetite.
For meme projects aiming to maximize their potential in sync with their communities, BaaS provides a bespoke white-label solution that allows you to shape the future of your own chain, token and tech — while still maintaining smooth interoperability within the space.
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