Solana's new protocol, Analysoor: The creation of a gambling-style fair minting mechanism

In the past few days, following the strong rise of BRC20 Tokens, the Solana public chain ecological Meme coin trading frenzy is sweeping the Crypto Community, and there has also been a surge in the price of a large number of related Tokens. SOLToken rose 56% in 7 days, breaking through $115, becoming the fourth largest ecosystem, and its ecological Silly Token rose more than 500 times from the lowest point, up 112.61% in 24 hours, and ZERO Token rose 136% quickly and steadily in two days. This wave of trading boom of Meme coins on Solana and Avalanche chains not only continues the overall trading market, but also promotes the continuous attention to the ecology of the public chain. According to TrendX’s Twitter market sentiment analysis, meme-related sentiment indicators are “relatively positive”, reflecting a lot of concern and bullishness.

Today I would like to share with you the Analysoor protocol behind the ZERO Token, the reason why it is chosen among many current hot protocols is because its gameplay is very interesting, and there is user toxicity and sustainability, and it is a project with a promising future.

What is Analysoor?

ZERO was created by the Analysoor project on Solana and is Analysoor’s project Token. Analysoor is the first meta-protocol on Solana, officially launched on December 13th, and is still in its early stages. The protocol, which has been so popular since its launch, was founded by early Ordinals OG and Solana developer Pland. The protocol introduces a unique minting mechanism that ensures the fairness and transparency of the Non-fungible Token minting process.

Analysoor introduced the Index Protocol off-chain indexer, which leverages Solana’s historical data to prevent bot participation, which enables a fairer distribution of Meme coins at launch and guides Token Liquidity. The ZERO Token was launched as the first pure inscription deployed by Analysoor.

Analysoor employs a system of minting once per Block, a mechanism that eliminates the need for users to participate in a frantic Bidding process, thus creating a level playing field for all participants. With Analysoor’s innovative initiatives in Non-fungible Token minting and the launch of ZERO, the protocol promises to revolutionize the way we interact with digital assets.

How does Analysoor work?

Analysoor has been working hard to build Non-fungible Token data centers, especially for Ordinals and Solana Non-fungible Tokens, and has been working hard for some time. The protocol has now amassed a loyal following and recently launched its own Non-fungible Token collection.

The Analysoor Non-fungible Token collection contains 10,000 unique Non-fungible Token, each Non-fungible Token representing a Block in the Blockchain. Since only one Non-fungible Token can be minted per Block, the collection provides users with a unique opportunity. The casting process will last at least an hour and a half, giving users plenty of time to participate without the stress of rushing to cast. In the spirit of fairness and transparency, Analysoor does not offer refunds for minting failures. All fees collected during the minting process are accumulated and used for 10,000 bidding on the Non-fungible Token marketplace. This strategic move not only ensures that the value of Analysoor Non-fungible Tokens can be increased, but also creates a vibrant secondary market for these digital collectibles.

How to play Firemint: ZERO Token is distributed fairly

This is a fair distribution method that excludes WhaleLarge Investors or robots by Block hash random number + participant input cost, because its gameplay design is completely random, so the success of the casting is like a lottery ticket, also known as betting gameplay. Let’s take the ZERO Token as an example:

1. The Solana Blockchain produces an average of one block every 400 milliseconds;
2. If only one valid minting request is selected in each Block, it will take about an hour and a half to mint a full collection of 10,000 Non-fungible Tokens;
3. Each Block has a unique identifier - the Block Hash. This hash is unknown until the block is confirmed, so it can be used as a random number generator
4. Determine the minting/trading method: First, the first number is extracted from the block hash to determine the winning transaction. Then, take out all the numbers in the hash and check if they are even, so as to determine which direction to start counting the transaction;
5. Specifically, if the number of the block hash is even, it is counted from the top down; if it is an odd number, the opposite is true.
6. After successful minting, the corresponding amount of Tokens will be Airdropped to the participants’ Wallets.

Liquidity is provided by the gameplay:

During the minting process, 0.08 SOL is charged for each transaction. For users who fail to mint as mentioned above, the minting fee will not be returned, and all minting fees will be added to the AMM pool. In the case of SPL Tokens, half of the supply is given to effective minters and the other half is used to create liquidity on AMMs; for Non-fungible Token collections, all supply is given to effective minters and a Bid wall is built with minting proceeds.

ZERO Token Economics

ZEOR is a Solana on-chain Token that combines inscriptions, memes, and gaming concepts. The total supply of ZERO Tokens is 21 million, of which 10.5 million will be minted at a price of 0.08SOL per token, and all minting proceeds will be injected into the AMM ZERO pool.

It is reported that the probability of winning the ZERO Token minting is about 8%, making the Market Cap at the time of joining the liquidity pool reach $1.3 million. According to Discord, the Liquidity Pool experiment conducted by the ZERO Token raised a total of $640,000, and it is expected that $640,000 worth of SOL will be injected into the protocol.

Vignettes and outlooks

The Analysoor protocol has just launched, and the ZERO Token is the first series launched by the protocol, followed by the second “ONE” Non-fungible Token series on December 17. But it wasn’t all smooth sailing for both castings:

First of all, there were some users who did not receive the ZERO Token they deserved about three hours after the minting ended. Even Analysoor said on social media that the funds originally planned as LP pools were mistakenly sent to ZERO holders, and released the holders’ WalletAddress, calling on them to return ZERO.

Secondly, at the time of the ONE series casting, due to the high heat, before the time ended, Analysoor manually closed the entrance to the casting, stating that the remaining participants were a large number of robots. After the minting ended, there were cases where the winning users did not receive the Non-fungible Token they deserved.

In the end, these small episodes were solved by Analysoor’s long-term after-sales service. On December 20th, Analysoor opened the Discord community to 100 ZERO or 1 ONE.

In the Discord community message, Planned has announced that a community-led meme will be issued next, and Analysoor is only responsible for launching token minting and locking liquidity pools. The minting method is also a fair betting model, and the fee per transaction is 0.05SOL + 1ZERO. The minting will last for 45 minutes, and it is foreseeable that the continuous minting process will stimulate ZERO’s buying orders, and 48.5% will be distributed to successful minting users. In addition, holders of One Non-fungible Token can receive 3% of the Meme TokenAirdrop.

Epilogue

Objectively speaking, this fair casting method is indeed in line with the entire Decentralization theme narrative, and the mechanism has natural randomness, this kind of lottery winning nature of the game will definitely attract a lot of users willing to participate. Because it is fair, everyone has a chance, because there will be the kind of unexpected joy of winning the lottery, and there is a certain degree of addiction to poisoning. I hope to see that the future minting activities can be carried out safely and smoothly, and the team continues to optimize and improve the user experience, otherwise with the popularity of the project, the increase in the number of participating addresses will not only fundamentally drop the probability of winning the lottery, but also stop making participants worried because of the turmoil of the vignette.

On the whole, there is a basic reason for the continuation of this fair coinage mechanism when it is innovated, and the Sonala public chain has returned strongly after a major reshuffle and has strongly supported many projects in the ecosystem. Friends who are interested in Analysoor can also continue to pay attention to the official operation news and look forward to the performance of the next Meme Token minting!