Alpha Gold》TimeFun's unique "time-based coin market" triggers a new wave of celebrity coin frenzy?

In this Bull Market cycle, it has become common for celebrities to issue coins, but most celebrities in the market use their reputation to harvest market liquidity, and after harvesting, they allow the token to continue to fall. In response, the Solana token launch platform TimeFun attempts to empower celebrity coins with a unique 'buying celebrity time' mechanism. This article is written by the 'Dynamic Zone Community Alpha Mining Series'. (Background: Ve(3,3) evolves to revolutionize Decentralized Finance! Shadow Exchange innovates x(3,3) mechanism, leading Sonic to solve Uniswap dilemma.) In this Bull Market cycle, 'celebrity coin issuance' has become the norm in the crypto world, however, many celebrities directly dump their coins after issuance, reaping profits through rat trading and then leaving the coin price to plummet endlessly. Recently, the presidents of Zambia and Argentina issued coins for profit, underlying operations that are hard to ignore. Market analysis identifies two reasons for the failure of 'celebrity coins': Uncertainty about whether the celebrity issued the coin personally: with rampant hacking, many celebrities have had their social accounts compromised and coins issued without their consent, leaving the market unsure if it was indeed the celebrity who issued the coin. Lack of actual empowerment: although the market has labeled 'celebrity coins' as meme coins, the lack of action after issuance (lack of community interaction, discussions on the token's future...) often leads to a scenario where celebrity coins peak at the beginning and then decline continuously. In response, Solana's TimeFun platform, introduced by the @0xKawz team, attempts to address the aforementioned challenges of celebrity coins with its unique 'buying celebrity time' mechanism. TimeFun Token Mechanism Time Fun is a platform that combines 'purchasing celebrity time' with token issuance. In other words, you can buy time with this celebrity, and the price of this 'time' will be determined by the market mechanism, trading freely in the market in token form. Similar to the well-known launch platform Pumpfun, TimeFun also has an internal and external trading system, with the internal platform selling based on the Bonding Curve curve. After reaching the Liquidity threshold, the Liquidity will be transferred to Raydium. Additionally, each token represents the price of '1 minute conversation with the celebrity', with each celebrity defaulting the issuance quantity to 100,000 minutes, which is 100,000 tokens: Assuming Solana founder Toly's Token is priced at $100 per token, it means that a 1-minute conversation with Toly would cost $100. From observations, the total token supply decreases after each conversation, indicating a continuous deflation trend. Furthermore, TimeFun Token issuance requires community KYC verification and obtaining TimeFun's market code for issuance, significantly reducing the possibility of 'impersonation coin issuance.' TimeFun Features Since TimeFun was officially launched yesterday, many features are not yet activated. However, the main features of TimeFun revolve around 'celebrities,' including: Direct 1:1 messaging with celebrities: engage in one-on-one messaging with celebrities, costing 1 token per minute. Group chat (with token threshold): users can enter group chats once they hold the required number of tokens set by the celebrity. Voice call (not yet available): TimeFun arranges voice calls upon user request, priced per minute as defined by the celebrity. Video call (not yet available): TimeFun arranges video calls upon user request, priced per minute as defined by the celebrity. The first two features are currently available, while the voice call and video call features may be activated in future updates. How to Buy Tokens as a User? How can users participate? Follow these steps: Step 1: Register an account - Click the official website link→Register an account using your email→Receive verification code→Create a username. Step 2: Deposit USDC - Next, deposit USDC by clicking on 'Deposit funds' in the top right corner of your profile. TimeFun offers three deposit methods, 'debit card,' 'Apple Pay,' and 'Crypto.' Since most users in the crypto world prefer crypto, choose the Crypto deposit method. After selecting Crypto, you will see the USDC deposit address. Copy the address and transfer the desired amount of USDC to it. Note: transfers must be made using the Solana blockchain; do not send to the wrong chain. Step 3: Purchase Tokens - After depositing USDC, users can buy tokens of their favorite celebrities on TimeFun. However, since the platform has just been launched, there are not many celebrities listed yet. The platform will periodically add more celebrity time tokens. To make a purchase, let's take the example of purchasing 1 minute of time with Solana co-founder Toly. Currently, buying 1 minute (1 token) with Toly costs $77.45. Users can select the desired time in the right column. If users want to sell time, they can click on 'Sell' to proceed. Is TimeFun worth lying in ambush for? Although TimeFun is a new launch platform, the innovative mechanism of the 'celebrity time market' has not yet gained recognition from market investors. However, users can interact with celebrities by purchasing tokens, addressing the current issue of inadequate empowerment in 'celebrity coins.' Additionally, from Solana team's perspective, they seem to be promoting the TimeFun platform. Both Solana co-founders Toly and Raj have issued coins recently, and many other Solana team members have also issued coins. This undoubtedly supports TimeFun, as post-issuance communication with buyers incurs high time costs. Furthermore, Toly's recent tweets have mentioned TimeFun multiple times, giving the platform special attention compared to other new projects. Although the current 'celebrity time market' mechanism is not widely accepted by market users, if the Solana team continues to support it and opens up more celebrity tokens and features in the future, the market may experience another wave of celebrity coin frenzy. Therefore, the author considers TimeFun worth observing, but users should still be cautious of market and project team risks and always DYOR (Do Your Own Research). Related Reports: SEC confirms receipt of Grayscale application, seeking to launch Ether spot ETF stake function, ETH/BTC Rebound SEC defines Crypto for the first time: BTC as a 'digital commodity' SEC Trends》Meeting with Fidelity, MITRE to discuss 'ETF stake' and Decentralized Finance regulation 〈Alpha Mining》TimeFun's innovative 'Time Token Market' sparks a new wave of celebrity coin frenzy? This article was first published on Dynamic Zone BlockTempo 'Dynamic Zone Trend - the most influential blockchain news media'.