Will the UBI wealth distribution vision of World Coin be realized by Meme first? Interpreting the overnight popularity of Trait Sniper.

Author: ChainCatcher

1. Twitter Airdrop, Sweeping the Crypto Community

On the evening of August 1st, TraitSniper officially opened its airdrop application to the public. The discussion about TraitSniper has become a hot topic in the entire crypto community and a phenomenon on Twitter today. In less than 24 hours, the Telegram community has surpassed 100,000 members, and the BNB Chain’s on-chain data shows that the number of holding addresses has exceeded 150,000. Currently, according to the data at the time of writing, TraitSniper has 198,000 Twitter followers, over 150,000 users in the Telegram community, and over 400,000 on-chain holding addresses. It has firmly established itself as the leading meme project in recent times.

Regarding the specific process of applying for the TraitSniper airdrop, users only need to open the Trait Sniper official website and connect their wallets. Through the embedded TwitterScan API service, TraitSniper can dig deep into the digital footprints of each Twitter user to analyze their level of participation, coverage, and influence, in order to identify individuals who not only have a large fan base but also have genuine and influential resonance with their followers. TwitterScan will automatically calculate the influence of Twitter accounts, mainly considering key variables such as the user’s registration time, number of followers, number of tweets, and user interactions. Users can claim corresponding TS token airdrops based on the influence of their Twitter accounts, and can complete the process by clicking on the application button.

2. Fair Launch, Innovative Gameplay

In 2021, Dogecoin and SHIB have become top meme coins with the help of Musk, and have also developed their own ecosystems. Although there have been many projects that have gained attention in a short period of time due to huge price increases, they have ultimately been eliminated by the market. This year’s PEPE is one of the few newcomers in recent years.

Why are there few projects that can replicate the success of Dogecoin and SHIB? The main reason is that meme coins are more of a totem symbol formed by community consensus, and they are also a comprehensive body of market game theory. One of the basic requirements is that all memes should be fully released and freely played by the market. On the other hand, the BALD token, which has been popular these days, is held by the project team. After the token has risen by millions of times, they directly withdraw liquidity. This should be called “shiba-inu” rather than a meme. In fact, most of the projects that claim to be meme coins in the market are basically “shiba-inu” and belong to a “one-hit wonder”, where tokens are sold off and the project team runs away when the price rises.

The TS token airdropped by TraitSniper this time is more in line with the attributes of a meme, and it is another meme star in the crypto market after Dogecoin, SHIB, and PEPE. “We redefine ourselves as the ultimate platform for the influence economy.”

According to the whitepaper, the TS token is the only ecological token issued by TraitSniper, with a total supply of 1 trillion. Among them, 100% of the tokens will be used for the public airdrop, and the project team has no reservations. This airdrop is fair and has no pre-sale, providing guarantees for users. From this perspective, the TS token chips are fully released and are very suitable for the long-term game of the market, so there is no need to worry about the project team dumping the market.

TS initial pricing is only $0.000001, with an initial fully circulating market value of only a million dollars. As a new-born MeMe coin, a million market value is not considered high, compared to the current $5.2 billion market value of PEPE, TS has an appreciation potential of about 520 times; based on the common standard of $20 million for MeMe projects, there is also a 20-fold increase potential.

On August 5th, Trait Sniper launched the sale of $TS as scheduled, and in less than 24 hours, the price has increased more than 6 times. The rise is steady and stable. This should be closely related to its innovative mechanism. The innovative gameplay of TraitSniper is very interesting. Many users initially thought that receiving the airdrop would be enough, but in fact, receiving the airdrop is just receiving a “ticket”. The $TS received by users represents the initial quota for purchasing $TS, and the real meme is just beginning.

First of all, only users who have received the influence airdrop can trade, which prevents users who are still outside from entering the market and buying. It gives 100% of the price increase dividend to the airdrop users, maximizing the protection of the interests of these seed users. If you receive 100 million $TS, it means you have a purchasing quota of 100U. This quota will be linearly replenished by 110% every day, so the next day you can buy 110U. Each time you buy or sell, a 10% transaction tax will be charged, so you won’t sell unless there is a 20% increase. Plus, there is no selling pressure because all the airdropped $TS are in a locked state. Therefore, according to a price increase calculation table published by Trait Sniper, it can reach 3,300 times in 20 days, which is simply crazy. Currently, Trait Sniper has closed the protection of seed users, and new users can directly receive an airdrop of 300 million $TS, which is equivalent to a purchasing quota of 300 USDT.

Secondly, there is the “lay-to-win mode”. The unlocked quota comes not only from the 5% purchased by oneself but also from inviting friends. The first-level invitation unlocks 2% of the airdrop, and the second-level invitation unlocks 1% of the airdrop. Moreover, any user’s purchase can unlock 1% of the airdrop for all users. Therefore, those airdrop holders and users with strong meme ability can constantly promote and attract more people to buy without doing anything themselves. Consequently, the more coins (purchases) held in the early stage, the higher the profit.

It should be noted that all the processes mentioned above, such as airdrops, transactions, and staking mining, will be executed by smart contracts without human intervention. All codes are open-source, and third-party organizations can audit them at any time, which further enhances the transparency of the project.

III. The Growth Flywheel in the MeMe Mode

With outstanding performance and excellent user experience, TraitSniper has become the most popular NFT tool in the cryptocurrency market. Since its launch, it has accumulated over 100,000 Chrome extension installations and has over 2 million monthly active users. Now, TraitSniper is transitioning and officially entering the Web3 SocialFi era, planning to establish a Web3 influence economic system to connect all value builders and participants and promote the long-term prosperity of the cryptocurrency ecosystem.

TraitSniper is airdropping to all Twitter users. In terms of form, it is similar to the popular concept of UBI (Universal Basic Income) in recent years, aiming to achieve balanced wealth distribution. However, TraitSniper has learned from the lessons of previous UBI projects and relies on the largest traffic social portal website Twitter. Users do not need to leave their original social platform or perform complex operations to claim the airdrop.

In addition, unlike previous UBI projects that were just for self-entertainment and could not last long, TraitSniper has also established a business model to achieve sustainable development through influence economy. This is also one of the core purposes of this airdrop, to support Twitter creators and facilitate the formation of the Web3 influence network.

As an emerging MeMe project, TraitSniper’s potential is being discovered. Especially in the current market where high-quality assets are scarce, major centralized platforms are bound to not miss out.

Of course, the value of MeMe tokens, in addition to community consensus, also depends on the expansion of application scenarios in order to achieve long-term growth and community prosperity, and better promote the value excavation of tokens.

Take Dogecoin as an example, Musk announced that Tesla and Twitter subscription services support Dogecoin payments, which undoubtedly added new payment scenarios to the original transactions. The TS token is no exception, and TraitSniper has also added usage scenarios for TS outside market speculation.

According to official plans, the large-scale airdrop is just the first step. With more and more active value users joining, as well as more Twitter interactions and content production, TraitSniper will gradually establish the Web3 influence network. By then, project parties can customize various social promotion activities for a fee, and influential users can undertake tasks and participate in the project’s promotion, achieving a win-win situation. TS tokens play an important role as a payment medium in this process.

For example, project parties can log in to the TraitSniper influence network and directly publish tasks on the platform, set promotional activities, such as specified topic articles, invitations, completion of specified on-chain staking, etc., and set TS rewards. Influential Web3 KOLs can accept promotion orders on the platform and ultimately receive corresponding token rewards based on the promotion effect. Through efficient and precise cooperation, it is conducive to selecting truly influential creators, and with a results-oriented approach, it can also maximize the dissemination effect, enhance the project’s brand awareness, and promote rapid business development.

The positive cycle of the TraitSniper ecosystem continuously enhances the token value and drives the high-speed operation of the entire growth flywheel. In the end, TS will not only be a MeMe coin but also become the “social currency” among Web3 users.

TraitSniper officially launched a large-scale airdrop on August 1st, and all Twitter users are eligible to receive the unique ecosystem token TS. This airdrop is launched fairly, with no pre-sale, permanent lock-up on DEX, and no reserves held by the project party, providing users with absolute security.

From this perspective, TraitSniper’s approach is in line with the concept of UBI (Universal Basic Income) to achieve equitable distribution of wealth, and it will also become a new player in the MeMe market following pepe’s disruption.

Like what you're reading? Subscribe to our top stories.

We will continue to update Gambling Chain; if you have any questions or suggestions, please contact us!

Follow us on Twitter, Facebook, YouTube, and TikTok.

Share:

Was this article helpful?

93 out of 132 found this helpful

Gambling Chain Logo
Industry
Digital Asset Investment
Location
Real world, Metaverse and Network.
Goals
Build Daos that bring Decentralized finance to more and more persons Who love Web3.
Type
Website and other Media Daos

Products used

GC Wallet

Send targeted currencies to the right people at the right time.