For early investors, spotting projects with high potential has always been part science, part art. The possibility of outsized returns comes with real risk. Yet the core ingredients of the most successful venture remain consistent: a strong idea, strong leadership, strong community, and enough initial capital to start moving.
Different types of launchpads exist to provide this initial capital, each with its own level of curation and accessibility.
1. Non-public, curated launchpads for qualified investors.
Professional accelerators like Y Combinator run through a rigorous selection and education process that culminates in a fundraising event. Admission is highly selective, and participation is limited to qualified investors.
2. Public, curated launchpads for qualified investors.
Projects like Legion, Echo, and Polkastarter list a small number of reviewed teams. Access for investors is broader than in accelerators, but listings are still gated by curation.
3. Uncurated launchpads for everyone.
This class was popularized by the rise of memecoins. Because such tokens have no intrinsic utility, their launches require little to no curation. Platforms like pump.fun and clanker introduced a new meta of radically open fundraising dynamics.
Memehalla is a protocol – a set of smart contracts for community-driven curation and onchain launches.
It introduces a new model where candidates progress through a game-like flow governed by participants with aligned incentives.
The system helps bootstrap early leadership, community, and treasury, providing investors with a more meaningful expectation of potential return compared to uncurated launchpads.
Each Memehalla Deployment is a domain deployment — a specialized instance of the protocol with its own Target Valuation and Fundraising Goal, adapted to the type of projects it aims to launch:
Memehalla-Seeds — for early-stage projects.
Example target parameters: raise 100 ETH into the treasury for 10% of coin supply at a 1000 ETH fully-diluted valuation.
Memehalla-Memes — for memecoin communities.
Example target parameters: raise 10 ETH for 15% of coin supply to provide initial treasury and coordination power.
Next, we walk through the high-level protocol flow, using Memehalla-Memes — Protocol v1 Deployment as a live example to show how the process unfolds from a user’s perspective — from early discovery in the Memepool to the creation of fully realized Realms with their own treasuries and coins.
Within this example, the protocol’s adaptive core — Difficulty — demonstrates how Memehalla continuously balances launch frequency with market success, adjusting based on whether previous projects achieved their Target Valuation.