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Cryptocurrency News Articles

IVFUN: The People's Project

Sep 04, 2024 at 04:01 am

The initial goal of creating IVFUN was to be used "just for fun." However, as time went on, it developed into something bigger.

IVFUN: The People's Project

IVFUN, a memecoin project on the TRON network, was founded in 2024 with the goal of fostering a strong community and demonstrating that community is the most important part of any project.

The project, which is “just for fun,” has quickly achieved remarkable success. It started without a concept, white paper, or marketing budget—major components of traditional crypto projects—but has quickly become one of the top projects in the TRON memecoin ecosystem.

This success can be attributed to the passionate and supportive community that has been with the project from the beginning. The majority of community members showed their confidence early on by investing in the token.

Not only this, they also made significant contributions, from engaging in Twitter raids to donating to the project's development, all of which are noteworthy. This organic growth, fueled by the community's passion and devotion, proves that a strong community plays a major role in the success of every project.

Establishing a memecoin project with a world class community is one of IVFUN's goals which is becoming a reality day after day. Another is to demonstrate that, in any project, the community is more significant than the utility, investors, or even the amount of money raised.

Ruslan, the project's founder, highlights that the community owns the majority of the project's token, making IVFUN a people's project rather than his own. Furthermore, he clarified that he is unable to access Sun Pump's project liquidity.

IVFUN tokens are accessible on many leading centralized exchanges, including Mexc, Bingx, HTX, NTM, HITB, and Poloniex. Additionally, it is accessible on the SunPump decentralized exchange (DEX).

New horizons under development

IVFUN is actively working on staking, having conceptualized three different options for the economics of staking. There will be a one percent commission to participate in the staking. These tokens will be progressively removed from the issue, burnt, and donated to blog charity.

It is also worth mentioning the development of the project, namely what else besides staking and other things mentioned, is currently under development. So, now, the IVFUN project is building a mini application in which everyone can earn IVFUN tokens by pressing one button. And these earned tokens can be withdrawn from the wallet and even sold at any time.

Furthermore, in this mini app, IVFUN provides assistance to early stage projects that are launched through the SunPump platform. This app will allow early stage projects to grow and gain recognition and popularity. Thus, in the IVFUN mini application, people will earn not only IVFUN tokens, but also coins of other projects that will cooperate with the IVFUN project.

The team is also working on an app that will allow community members to easily link their TRON wallets to the chain and purchase tokens without encountering any needless hassles. Additionally, plans to establish an NFT collection with its own utilities are being considered.

With all of the impending developments, IVFUN intends to consolidate its position as the TRON network's premier memecoin. To realize this goal, the project has onboarded application development experts and seasoned blockchain engineers with extensive knowledge of smart contracts.

At the moment, the project occupies the TOP-4 place among more than 100 thousand projects. Moreover, IVFUN further prides in its powerful influencers and supporters, which include significant CIS, Western, and Asian influencers, as well as its large community.

Remarkably, IVFUN already received notice from Sun Pump, with a mention on their Twitter account and a subscription from Justin Sun.

Original source:cointelegraph

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