The downtrend cycle’s got some innovation goin’ on. With the market panicking, maybe a fresh project could bring new opportunities?
Bitcoin’s drop hit $86,000, and the market’s in full-on panic mode.
When fear and anxiety from a downturn take over, the market tends to focus more on new ways of launching assets.
Yeah, even though $SOL dipped to around $130, it hasn’t stopped the Solana ecosystem from cooking up fresh projects. Just yesterday, two new asset launch platforms, Time.fun and Super.exchange, started to pick up steam and get hyped.
1. Time.fun: Think your time’s worth a lot?
Solana’s top dogs are all in on this.
Yesterday, Solana co-founder Toly (@aeyakovenko) dropped his token, but this time it’s not like the celeb tokens launched on pump.fun. He went with a platform called Time.fun, a SocialFi platform where you can sell your own time.
After its token $toly (Toly’s minutes) launched, its market cap hit a peak of $20 million, now sitting at around $8 million, with each token priced at $80 — or in other words, $80 per minute.
This time-based pricing model is the key innovation of Time.fun.
Similar to the buzz around Friendtech, Time.fun lets creators turn their social engagement opportunities into tokens, but this time, it’s priced by the minute. Fans can buy these time tokens to get chances to interact with creators. These interactions include basics like private messages and group chats, with plans to roll out voice/video calls and auctions for even richer ways to connect. Creators earn transaction fees from every token trade, maximizing the value of their time.
Time.fun originally started as Circle.tech, deployed within the Base ecosystem, and recently launched in the Solana ecosystem. Toly didn’t just jump on board with Time.fun from the start — he’s been all in, calling it his favorite use case in crypto: “Business communications are my favorite crypto use case.”
Likewise, a key member of the Solana ecosystem, Mert Mumtaz (@0xMert_), also showed his support for Time.fun and launched his own token, $mert, on the platform.
2. Super.exchange: Trade first, buy tokens later. The earlier you get in, the better?
Super.exchange is a hybrid of Pump.fun and Hyperliquid, improving two core features of current asset issuance platforms: growth curves and incentive systems.
Here’s a brief overview of how it works from a technical and user participation perspective.
Super Curve: A Pump.fun Upgrade
Unlike the internal and external mechanisms of Pump.fun, Super.exchange’s Super Curve uses a combination of 7 curves:
(xⁿ * y = k, where n values are 32, 16, 8, 4, 3, 2, and 1)
The token lifecycle is divided into multiple stages:
- Low market cap stage (high n values): The curve is flat, allowing the token price to rise slowly, avoiding early investors from dumping too many tokens all at once.
- Mid-to-high market cap stage (low n values): The curve’s slope gradually increases, ensuring there’s enough liquidity to support price rises.
In simple terms, this design prevents big players from grabbing massive amounts of tokens early on and helps avoid a trend-destroying dump when big holders sell during a token’s price increase.
Incentive Mechanism
Besides improving the launch curve to ensure fairness, the platform’s main draw for users is the incentive system, which allows users to buy $SUPER tokens with platform points.
Point Distribution Rules
Points are dropped every 5 minutes.
As the total supply of $SUPER tokens drops, the points per cycle go down too, so the earlier you get in, the more you earn.
80% of the points go to traders. The more you trade and the better the tokens are in terms of liquidity and user base, the more points you’ll rack up.
20% of points go to referrers, meaning you get 25% of the points from the people you invite.
Points = Tokens
You can use the points you collect to buy $SUPER tokens at a 1:1 rate. The platform will use 50% of the transaction fees to buy back $SUPER and burn it.
So, early users who bought $SUPER at a fixed price are getting it for less than the market price after the project buys back and burns tokens over time. Right now, $SUPER’s market cap is around $210k, and looking at the price curve, it’s clear that early participants are already in the green.
To sum it up:
Time.fun lets creators sell their time as tokens, while Super.exchange combines pump-style token launches with a unique Super Curve for fairer distribution. Other similar platforms include satx.fun, TimeSwap, TokenX, and LaunchpadX, each bringing fresh twists to the asset issuance and trading scene.
Unfortunately, with the current market sentiment being down, whether it’s Time.fun’s time-selling model or Super.exchange’s points-for-tokens system, if the market’s enthusiasm continues to decline, the hype around these new assets may just be small investors’ desperate moves in the face of a downturn. Whether short-term hype can turn into long-term value largely depends on the team’s commitment to continuous project development.
As users, being open to trying new opportunities could be a way to find fresh chances during uncertain times. But remember to stay cautious, manage risks, and DYOR.
