# Community Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Community", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Launch Event Turned into a Make-up Ceremony? Why Hasn't Pools.trade Produced a High-Market-Cap Meme Coin Yet?

The article discusses the launch of Pools.trade, Uniswap's new token launch platform on Robinhood Chain, designed as a Meme coin launchpad. Despite generating high initial trading volumes (over $1.5 billion before the official frontend launch), the platform has yet to produce a high-market-cap Meme coin. The piece highlights two primary reasons for this. First, it outlines Pools.trade's features: it offers Instant and Crowd Launch modes, locks liquidity permanently in Uniswap v4 pools, and charges a low 0.25% transaction fee (compared to 1% on competitors like Pons and Flap), with most fees reinvested into liquidity. Second, it identifies a key problem: a lack of perceived fairness. The two most notable coins on the platform, FRONG (a "frog mascot" coin) and POOLS (a platform namesake), were both minted days before Uniswap's official countdown began. This "pre-minting" or "insider" controversy has dampened community FOMO (Fear Of Missing Out) and trust, causing their market caps to fall from peaks of $18 million and $4 million, respectively. The article argues that fairness is foundational for Meme coin success, and its absence has hindered viral growth. In conclusion, while Pools.trade benefits from Uniswap's existing user base and Robinhood Chain's popularity, its current lack of a fair-launch, high-engagement narrative has prevented a breakout hit. However, the author suggests that with its inherent traffic, such a success might not be far off.

Odaily星球日报Yesterday 01:56

Launch Event Turned into a Make-up Ceremony? Why Hasn't Pools.trade Produced a High-Market-Cap Meme Coin Yet?

Odaily星球日报Yesterday 01:56

Reflections After the Coldcard Incident: Why Did Korean Users Escape Unscathed While the English-Speaking Community Suffered Heavily?

An incident involving a security flaw in Coldcard hardware wallets revealed a stark contrast in outcomes between the Korean and English-speaking Bitcoin communities. While many experienced users in the English-speaking world suffered significant losses, the Korean Bitcoin community reportedly avoided any direct financial impact. This divergence is attributed not to a gap in technical skill, but to deeper structural issues within the communities. Korean influencers and leaders strongly advocated for secure self-custody practices, specifically urging users to generate their seed phrases manually (e.g., by rolling physical dice) rather than relying on any wallet manufacturer's random number generator. This "don't trust, verify" approach was widely adopted, protecting users. In contrast, the English-speaking community saw its discourse and trust influenced by prominent influencers and podcasters who often had sponsorship ties or personal relationships with Coldcard's parent company, Coinkite. This created a "reverberation chamber" effect, where overconfidence in the product's security was amplified, leading followers to overlook potential risks. The incident underscores a critical need to extend Bitcoin's core principle of "Don't Trust, Verify" beyond code to the consumption of information itself. It highlights the dangers of over-reliance on influencers and the importance of maintaining neutrality by critically assessing the financial and relational biases of information sources. The Korean community's success serves as a lesson for the broader ecosystem to reflect on these dynamics to prevent future losses.

marsbit08/05 08:46

Reflections After the Coldcard Incident: Why Did Korean Users Escape Unscathed While the English-Speaking Community Suffered Heavily?

marsbit08/05 08:46

POAP Repeats the Broken Old Dream of the Internet: Technology Changes, the End Remains Unchanged

POAP, a digital collectibles project that issued blockchain-based badges as proof of attendance at events, announced it is ceasing development after over five years. Born from a 2019 hackathon, POAP evolved from an Ethereum community experiment into a widely adopted credential for conferences, brand activations, and major industry moments like the Ethereum Merge. It aimed to digitize the sentimental value of physical mementos like ticket stubs, allowing users to own and display records of shared experiences. The project raised $10 million in 2022, envisioning POAPs as building blocks for a decentralized social graph and digital identity. Their potential utility for granting exclusive access, airdrops, or rewards drove adoption but also created a fundamental tension. As POAPs became linked to financial incentives, they attracted sybil attacks and speculative collection, undermining their role as authentic records of participation. This conflict between cultural value and crypto-economic utility proved difficult to resolve. POAP's story mirrors the earlier Web2 platform GetGlue, which let users "check-in" to TV shows and collect digital stickers. Despite millions of users and media partnerships, GetGlue struggled to build a sustainable business around an ancillary record of consumption and was eventually shut down. Similarly, POAP found that while the badges held significant cultural meaning for users, this did not easily translate into a viable business model. The very aspects that gave POAP its value—being free, low-barrier, and non-speculative—clashed with the prevalent token-driven monetization strategies in crypto. Ultimately, POAP preserved many digital memories but could not secure its own future.

marsbit08/05 08:26

POAP Repeats the Broken Old Dream of the Internet: Technology Changes, the End Remains Unchanged

marsbit08/05 08:26

POAP Shuts Down: The Conclusion of an On-Chain Commemorative Badge Experiment

On August 3rd, POAP co-founder Isabel Gonzalez announced the platform's shutdown after over five years of operation. The service, which began phasing out in March by entering maintenance mode, will now cease entirely, though previously minted POAP badges remain viewable on-chain. POAP originated at the 2019 ETHDenver hackathon, where founder Patricio Worthalter distributed the first digital badges as on-chain proof of attendance. It gained significant traction during the 2021 NFT boom, becoming a staple for community events, conferences, and AMAs. POAPs evolved into a form of digital resume, used for gating access, airdrop whitelisting, and measuring DAO contributions. Major brands like Adidas and Porsche also adopted it for marketing. Despite securing a $10 million seed round in 2022 and amassing over 6.7 million minted badges by mid-2023, POAP struggled post-bull market. A shift to charging commercial clients in 2023 failed to ensure long-term sustainability. Gonzalez acknowledged the platform found a clear niche but no viable business model within it. POAP joins other discontinued NFT experiments, such as Starbucks' Odyssey, Meta's Instagram NFT features, and Reddit's Collectible Avatars. These projects shared a common flaw: treating blockchain as an end rather than a tool for genuinely needed solutions. POAP's story is particularly poignant—it wasn't speculative but faced a ceiling; the demand for digital mementos proved too niche to support a venture-backed company. The badges endure on the blockchain, but the platform behind them has departed.

marsbit08/04 09:48

POAP Shuts Down: The Conclusion of an On-Chain Commemorative Badge Experiment

marsbit08/04 09:48

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