RFG: The name refugee has both cultural connotation and fairness

Currently, various VC projects with high FDV and low liquidity are flooding the entire market, and crypto players are suffering. It is particularly difficult to make profits. In this context, the community-led fair launch of Meme coins has gradually become the first choice of players and the focus of the new round of market narrative.

Match, a social value platform based on AI and big data, was born, and a new Meme project , Refugee Token (RFG), was launched. RFG is translated into refugee in Chinese, and is committed to helping crypto players avoid capital harvesting and practicing the concepts of decentralization, free trading and fair competition of cryptocurrency.

With its Meme attributes, mechanism design and cultural connotations, RFG will occupy an important position in the cryptocurrency market. This article will deeply analyze the Meme attributes of RFG and explore the fairness of its token economic model, innovative gameplay and the value support behind RFG.

1. The anti-VC high FDV wave, the narrative focus returns to Meme coins

Although the BTC price continues to trade sideways at a high level above $65,000, many crypto investors are surprised to find that:

The coins I hold have not increased significantly, so I am destined to miss out on the excitement of this bull market.

This phenomenon is not an isolated case. The reason is that the projects held by the vast majority of users are dominated by VCs. The token prices of these projects are artificially raised in the market, making it difficult for users to make profits. The reasonable pricing of the projects in the early stage has long been privately divided up by VCs off-site. After entering the market, the value is seriously overestimated. The FDV is more exaggerated than the other, starting at billions of dollars. The early VC return rate is also as high as dozens of times. In the end, retail investors become the last link to take over.

In particular, the projects launched on Binance since last year and the multiple new projects launched by Lacunch Pool this year have generally performed poorly. This group of representative projects often have the common characteristics of high FDV, low circulation – this means that their full circulation valuations are high, but the circulation supply at the beginning of the opening is relatively low.

These situations have also triggered market discussions about VCs harvesting retail investors. However, Haseeb Qureshi, managing partner of Dragonfly, stood up to protest, saying that the decline of tokens was affected by the countrys political and economic environment and had nothing to do with VCs themselves. But such an explanation is difficult to convince the public. After all, Dragonfly has invested in more than 150 projects, covering new public chains, emerging exchanges, AI, DeFi, infrastructure, and NFTs, and its assets have doubled in a few years.

The criticism facing VC this time is expected and it is not wronged.

Take Starknet (STRK), a hot project this year, for example. After listing, the price has been falling continuously, once falling by more than 60%. The current market value is still 740 million US dollars, and the FDV has reached 5 billion US dollars. But in fact, at the current price, the return on investment of STRK seed round VC is still as high as 138 times. It is no wonder that even Ethereum founder Vitalik Buterin will sell the coin as soon as it is unlocked. After all, in this case, what motivation does VC have to hold it for a long time?

(V God once received the unlocked STRK and sold it for $1.07 million)

Projects like STRK with high FDV and low liquidity are not isolated cases. They are even rampant, further damaging the confidence of crypto investors in the market. In the end, the focus of the market narrative shifted to Meme Coin, which was launched absolutely fairly .

The Meme projects launched in this bull market have the fairness of the ICO (Initial Coin Offering) era, and are absolutely anti-VC, claiming that everyone is launched fairly, all chips are fully circulated, and have also created several wealth myths such as PEPE and BOME. Coingecko data shows that the current total market value of the Meme sector is 52.6 billion US dollars, an increase of more than 500% compared to the beginning of the year, which is enough to show the market potential.

However, Meme coins also face serious problems: their life cycle is usually short, making it difficult to maintain stability and sustained growth, and in most cases, group members are forced to PVP with each other. According to statistics, more than 1 million tokens were issued on Solana alone in April this year, and only a handful of them have survived and have a wealth effect. For investors, it is extremely difficult to accurately find pearls in the ocean. Meme coins that are truly worth investing in should meet three elements: first, cultural attributes, with the potential to go viral; second, entertainment attributes, fair launch, diverse gameplay and low FDV; third, value attributes, which can build consensus in the long term and have a long-lasting foundation. Matchs newly launched RFG is one of the best.

2. The cultural attribute of RFG as a refugee symbolizes the pursuit of freedom, peace and dignity

From Doge to SHIB, from People to Pepe, from Bome to Slerf… Meme coins have gained great attention in the crypto market. Many people are studying the secrets of success of these projects and trying to explain them from all aspects, and cultural attributes are an important part.

Meme is a carrier of cultural concepts and symbols that can be spread from person to person. Similar to genes, different memes have different spreading abilities: memes that resonate will continue, while memes that are not very popular will be quickly forgotten. Fundamentally, memes are the embodiment of cultural common denominators. The more memes that can be instantly understood by people from different cultural backgrounds, different regions, and different classes, the more vital they are and the more potential they have to go viral.

The success of these leading meme coins in the crypto market lies not only in their unique names and images, but also in the universal values behind them that are easy to spread and can be understood and accepted by crypto investors around the world.

For example, Doge was originally created as a joke, but the friendliness, tolerance, and community spirit behind it have quickly gained a large number of fans around the world. Dogecoins community activities and charitable donations have further strengthened its brand image, making it a positive force in the cryptocurrency market.

Similarly, Pepe himself has attracted a large number of young users on the Internet through his humorous and sarcastic image.

Although the image of Pepe coin is entertaining, the reflection on the status quo and the pursuit of free expression it conveys are the key to its wide dissemination and recognition.

RFG is the abbreviation of Refugee, which means “refugee” in Chinese. This name is a pun, which not only shows the care for crypto investment refugees, but also the concern and reflection on the current situation of refugees around the world.

As mentioned above, todays crypto investors are being exploited by VCs and become the nutrient for the growth of supply capital. Although Bitcoin has returned to the high point of the last bull market, the performance of VC-led altcoins is terrible. In particular, some market makers repeatedly use news to harvest retail investors in rounds. The emergence of RFG represents the hope of crypto investment refugees. Through fair and just launch methods, as well as perfect token economic models and community building, RFG allows crypto players to truly capture excess value and deeply participate in the feast of Meme.

In addition, in todays society, regional conflicts are becoming increasingly fierce, and the refugee issue has become the focus of global attention. The war between Russia and Ukraine has lasted for two years and has not yet ended. The Israeli-Palestinian conflict has touched the hearts of people all over the world. Millions of refugees have been forced to leave their homes due to war, disasters or other reasons and face countless challenges. However, these refugees still survive tenaciously and seek new hope. This tenacious spirit symbolizes the pursuit of freedom, peace and dignity, which is the core value that RFG wants to convey. Moreover, the refugee spirit coincides with the concept of decentralization, free trade and fair competition of cryptocurrency .

RFG passes this spirit to every user, allowing them to pay attention to and support refugee groups while investing. Users can obtain RFG by participating in community activities, staking mining, etc., and pass this spirit on to more people. This not only increases the market value of RFG, but also provides more attention and support for refugee groups around the world. The cultural attribute of RFG is not only about paying attention to global refugee issues, but also calling for the worlds common pursuit of peace and development. This universal value makes RFG easier to spread and recognize, attract more users and investors , achieve large-scale out-of-circle, and ultimately build consensus to promote RFG to grow into an important project in the Meme sector.

3. Diverse ways of playing, the double helix asset model opens up room for growth

RFG, through its unique name, has endowed the token with a profound cultural value, making it stand out among many Meme coins. This cultural attribute does not just stay on the surface, but goes deeper into the design concept and community building of the token.

Currently, the RFG token is the only token asset on the Match platform. In terms of specific gameplay, RFG also reflects the fairness of this universal value.

First of all, the design of the RFG token economic model reflects a high degree of fairness. The total issuance of RFG is 100 billion, and the project party has no reservations, which avoids the unfair phenomenon of the project party profiting by reserving tokens, making the token distribution more transparent and fair, which is in line with the attribute of fair launch of Meme coins.

Specifically, 30% of RFG is used for liquidity provision, 10% for airdrops, and 60% for user community mining and other business outputs. All RFG is locked in smart contracts and will only be released after the corresponding rules or logic are met in the business scenario . This distribution method ensures the fairness of tokens and avoids market manipulation, giving every user the opportunity to obtain RFG by participating in community activities, rather than just purchasing it .

Furthermore, RFGs mining mechanism and NFT auction design are fair and reasonable. RFGs output methods mainly include Match NFT pledge mining, RFG single-coin pledge mining, and liquidity mining; but in the early stages, NFT pledge is the only way for users to obtain RFG in large quantities. Considering fairness, the total number of NFTs is 45,000, of which 90% will be sold through Matchs original decentralized English auction, which is completely random and blind, and will be sorted according to the bid amount . There are three types of NFTs, representing different mining weights. Match also sets up three types of NFT pledge pools: single NFT pool, double NFT pool, and triple NFT pool. Through different NFT mining gameplay, users are attracted to actively interact and the social activity of the product is improved. As long as users hold NFTs, they are equivalent to getting a golden shovel and can obtain income continuously. This fair output mechanism gives every user the opportunity to obtain RFG through their own efforts, further enhancing the participation and activity of the community.

Secondly, RFG has a low market value at the start-up stage, which is in a value trough, leaving enough room for growth. According to the official introduction, the early liquidity pool of RFG will be set at 100,000 US dollars, and the initial FDV will only be 4.5 million US dollars. Such a design not only provides initial liquidity for the project, but also leaves enough room for growth.

Finally, the linkage mechanism of the RFG and NFT dual asset models also provides strong support for the opening of growth space.

support.

NFT pledge is an important source of RFG, and it is also the only way for users to obtain a large amount of RFG before RFG goes online. The auction sales of NFTs also price the tokens of RFG to a certain extent. To some extent, NFTs can be understood as mining machines of RFG. As the price of RFG rises, more people will be encouraged to participate in NFT auctions; and as the auction progresses, the price of NFTs will also rise, further increasing the cost price of RFG and achieving a spiral rise.

Moreover, RFG also plays a role in NFT auctions. According to official documents, users who pledge in the RFG single-coin pledge pool have a greater chance of obtaining high-level NFTs; the more single-coins are pledged, the higher the Boost coefficient when NFT pledges generate RFG, up to 2 times. The higher the level of NFT, the more revenue it generates, which in turn further stimulates more users to pledge more to obtain higher-level NFTs.

The linkage of the dual-asset model not only increases the market demand and liquidity of NFT, but also provides a stable output channel and user base for RFG tokens . By staking NFT to obtain RFG, users can not only enjoy the benefits brought by the appreciation of tokens , but also improve their social value and experience by unlocking more platform functions. The design of dual benefits has attracted the participation and attention of a large number of users, which is bound to further promote the development of the platform and user growth.

4. The Match platform builds long-term core value and builds consensus for RFG

In the past few years, meme projects have been flooding the market. Although representative projects such as PEPE and BOME have emerged, most memes have a short life cycle, rising and falling sharply or even returning to zero in a short period of time. For example, at the beginning of this year, Musk changed his Twitter profile picture to TROLL (troll), driving the market value of the meme project of the same name to soar to $100 million; but in just a few weeks, as Musk changed his profile picture again, TROLLs market value plummeted by 90%.

The fundamental reason for these short-lived Meme projects is that they lack core value support, fail to form a strong community consensus, and rely on short-term hype to gain market attention. RFG has learned these lessons, and the value support behind it is the Match platform, and the development potential of the Match platform has undoubtedly become an important guarantee for RFG to continue to build consensus.

The Match platform has created an efficient and sustainable social value ecosystem and established its own moat by organically combining SocialFi, Meme Coin and AI technology. This unique technological advantage and high-quality user experience enable the Match platform to maintain a unique position and advantage in future market competition.

First of all, the development potential of the Match platform can be seen from its technical architecture and functional design. The Match platform has completed the design and development of the core technical architecture, forming a completely open source front-end and back-end. This openness not only improves the transparency of the platform, but also attracts more developers and users to participate. In addition, the Match platform is the first to use NFT for joint staking in social applications. This innovative feature not only enhances the social attributes of the platform, but also provides users with more ways to interact and motivate.

Secondly, the Match platform has further expanded the application scenarios of RFG by deeply integrating AI technology. These application scenarios include not only decentralized lending and smart investment advisors in the financial field, but also a number of innovative services in the social field . Through these innovative financial products and services, the Match platform can meet the diverse needs of users, improve user experience, and enhance user stickiness. The expansion of these application scenarios not only provides more usage scenarios for RFG, but also lays a solid foundation for the development of the Match platform.

From the perspective of market valuation, the future valuation of the Match platform has huge room for growth. Through the superposition effect of SocialFi, Meme coin and AI concepts, the Match platform has a large future market value imagination space. As more and more users enter the Match platform, the value of RFG will also rise, and its growth space can be comparable to classic Meme coins such as DOGE and SHIB. The continuous expansion of the user base not only provides a stable market demand for RFG, but also provides solid support for the future valuation of the Match platform.

In general, the development potential and future valuation of the Match platform are important value supports behind RFG. Through its unique technical architecture and innovative functional design, the Match platform can not only meet the diverse needs of users and improve user experience, but also provide RFG with broad application scenarios and growth space.

Conclusion

RFG is not only a cryptocurrency, but also a cultural symbol and a manifestation of spiritual values. Through the unique name of refugee, RFG conveys the pursuit of freedom, peace and dignity. This spiritual connotation not only fits the decentralized concept of cryptocurrency , but also arouses peoples attention and thinking about the current situation of refugees around the world.

In addition, RFGs mechanism design and token economic model embody fairness, avoid market manipulation, make token distribution more transparent, and give every user the opportunity to obtain RFG by participating in community activities rather than just purchasing it.

Whether from the perspective of economic value or cultural value, RFG will become one of the leaders in the Meme coin sector, attracting more users and investors to enter the market, and at the same time bringing more increments to the encryption industry.

This article is sourced from the internet: RFG: The name refugee has both cultural connotation and fairness

Related: Current status of BTC holdings in the United States: Young men are the main force, and most holders are moderate

Original author: Troy Cross Original translation: TechFlow I’m very proud of this report on Bitcoin ownership. Our survey of 3,538 adults in the U.S. found that: Covering the entire political identity spectrum Prefers young and male Weakly associated with a unique configuration of moral values Strong correlation with Bitcoin knowledge We wanted to understand who holds Bitcoin, who doesn’t, and why. This required a deeper dive. Not just surface-level statistics, but digging into the roots of our psychosocial identities. Many frameworks claim to do this, but my research partner @andrewwperkins chose “moral foundations” and designed a comprehensive set of questions. We then hired a professional firm to help us achieve a representative sample. As every Bitcoiner knows, true randomness is hard to get, but we think even visually you can…