Project Title: Boom.lol – A Platform for Safer Meme Coins

Request for Proposal (RFP): Uniswap on Arbitrum Ecosystem tools or products

Requested Funding: $95,000 ARB

Team Members:

• Elvin Li (Project Lead)

  • Experience: 17 years in software solutioning & architecture specialising in building enterprise-grade scalable & secure web services and 12 years in managing software startups -Skills: Software Architecture, Project Management, Product Design

• Nhat Vu (Lead Developer, Blockchain Developer)

  • Experience: 7 years in software engineering ranging from Solidity contracts, NodeJS and scalable infrastructure design & setup
  • Solidity, Openzepplin, React, NextJS, ExpressJS, Ethers JS, Wagmi, Google Cloud, AWS, Firebase, NodeJS, Redis, PostgreSQL, MongoDB

• Tri Hoang (Frontend Developer)

  • Experience: 7 years in frontend development -Skills: React, VueJS, NextJS, ExpressJS, Ethers JS, Wagmi

• Duyen Nguyen (Backend Developer)

  • Experience: 6 years in backend development handling scalable web applications
  • Google Cloud, AWS, Firebase, NodeJS, ExpressJS, NextJS, PostgreSQL, MongoDB

• Lara Brinas (Marketing)

  • Experience: 11 years in social media marketing & community management
  • Skills: Digital Marketing, Social Media Management, Community Engagement, Content Creation

• Charmen Ramiento (Marketing)

  • Experience: 3 years in social media marketing & communications
  • Skills: Social Media Management, Content Creation

• Lea Lyn Lagonoy (Community Manager)

  • Experience: 3 years in community management in Discord & Telegram
  • Skills: Community management

Project Overview:

The memecoin market is notorious for scams and rug pulls, where creators vanish with investors' funds, leaving behind worthless tokens. This creates a distrustful environment that stifles genuine innovation and severely affects Uniswap's reputation, as many fraudulent tokens are traded on its platform.

Boom.LOL addresses this critical problem by acting as a pre-launch memecoin incubator before going live on Uniswap, providing a secure, gamified, and communal approach for memecoins to go to market. We provide a suite of features and tools to support memecoins throughout their lifespan, aiding their growth and proliferation.

Key Features of Boom.LOL

1. Boosting/ Bumping - live transactions result in memecoins getting bumped up to the top of the list of the main page making it fun and exciting for users to compete in order to get their favourite memecoin showcased

2. Grade AAA White Egg - bestowed upon the most auspicious projects featured on Boom.LOL. As the bonding curve reaches 60%, a token inherently secures the coveted pinnacle of our website. Yet, projects may only clinch this esteemed position once, relinquishing it only when surpassed by another endeavour.

3. Leaderboard - users compete for a place in the Top Traders leaderboard while communities compete in the Top Volume section to get their favourite memecoin ranked

4. Virality through referral - sharing our platform fees incentivises users to grow their community without the need to create complex reward tokenomics for their memecoin

Relation to Uniswap:

Boom.LOL significantly enhances the Uniswap ecosystem by ensuring that newly created memecoins on its platform have ample liquidity and are unruggable as they are launched on Uniswap. This pre-launch incubation helps Uniswap in several key ways:

1. Increased Liquidity: Secure memecoins attract more investors, increasing the total liquidity available on Uniswap.

2. Enhanced User Trust: By providing a safe platform for memecoin creation, Boom.LOL enhances user trust in tokens listed on Uniswap, encouraging more trading activity.

3. Broader Ecosystem Engagement: As more users engage with Boom.LOL to create and trade memecoins, Uniswap benefits from increased transaction volumes and a more vibrant trading ecosystem.

4. Reduced Risk of Rug Pulls: By incorporating features that establish and lock liquidity pools, Boom.LOL mitigates the risk of rug pulls, providing a safer environment for Uniswap users.

5. Improved Reputation: By addressing the root causes of scams and rug pulls, Boom.LOL helps restore and enhance Uniswap’s image, making it a more trustworthy platform for investors and developers.

Incorporation of "HONO":

Boom.LOL will incorporate "HONO" from MangaFi as the liquidity pair for memecoins that graduate from the Boom.LOL platform. HONO is an algorithmic rebase token backed by yield-bearing assets and an ETH vault, and it is designed to appreciate in value over time. By using HONO, memecoins will not only have a reliable liquidity pair, ensuring smoother trading and higher liquidity on Uniswap, but also continue to grow in value even after graduating from Boom.LOL. This ongoing growth is facilitated through HONO's yield-bearing mechanism, ensuring long-term value appreciation for memecoin communities.

KPIs:

1. User Adoption: Achieve 3,000 monthly active users within six months of launch.
2. Memecoin graduates: Get 30 memecoins launched on Uniswap within six months of launch.
3. Community Growth: Garner a community of 20,000 followers across all social media platforms within six months.
4. User Incentive: Form strategic partnerships with at least two other projects within six months.

Milestones:

1. Marketing and Community Building (Months 1 - 6): Implement marketing strategies and foster community engagement and education.

• Deliverable: Marketing campaign and community management
• KPI Alignment: KPI 1 & 3
• Budget: $48,000

2. Launch HONO liquidity for Boom.LOL (Month 1 - 2): Inject growth liquidity on Uniswap (Arbitrum) to facilitate transactions for graduated memecoins
   • Deliverable: Create a HONO-ETH or HONO-USDC pair on Uniswap (Arbitrum)
   • KPI Alignment: KPI 2
   • Budget: $35,000
3. User Incentives (Months 5 - 6): Airdrops ARB through based on leaderboard performance

• Deliverable: Distribute ARB to at least 500 unique wallets
• KPI Alignment: KPI 1 & 3
• Budget: $12,000

Project Description:

The key strategy is creating hype to raise awareness about the importance of making memecoins safe! #SaferMemes #SafeMemecoins; with Boom.LOL at its centre, providing the tools and features to make it happen through the following steps:

A) Drive awareness B) Guide communities to how to create & run memecoins C) Enablement through providing the toolset D) Provisioning of growth liquidity

Community and Ecosystem Impact:

Boom.LOL aims to create a safer environment for memecoin creators and investors, fostering genuine innovation and long-term projects. By providing a secure platform, Boom.LOL helps build trust in the memecoin market and encourages responsible coin creation. This approach protects investors and enhances the overall health of the cryptocurrency ecosystem.

Conclusion:

The Boom.LOL project is set to transform the meme coin market by offering a secure and scalable platform for coin creation and management. With a dedicated team and a clear roadmap, Boom.LOL is poised to meet its KPIs and deliver significant value to its users and the broader blockchain community.

For more detailed information, you can visit Boom.LOL's official documentation (https://docs.boom.lol) and CoinMarketCap article (https://coinmarketcap.com/community/articles/66593f66d365934d61731174/).