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America.Fun is a new Solana-based launchpad advised by World Liberty Financialâs Ogle. It claims to offer a safer alternative to the meme-coin chaos typified by Pump.Fun.Â
The platformâs stated goal is to reduce spam tokens and improve user protection. However, questions remain about its sustainability, token performance, and transparency.
In an interview with BeInCrypto, Ogle said the projectâs design responds directly to issues seen across permissionless meme coin platforms.
âWhenever you have catastrophic drops or scams, itâs usually a combination of many factors,â he said. âWe wanted to build a safer, more legitimate place for people who are not as gambling.â
The platform requires creators to pay a small fee â about $20 worth of AOL tokens â to launch a token. According to Ogle, that friction discourages mass bot deployments and copycat scams.
âRight now itâs free to deploy in every other launchpad. I donât think thatâs a good thing,â he said. âWhen it costs a little, you think before you spam.â
America.Fun also restricts duplicate tickers. Each token name can only exist once, addressing a core issue of Pump.Fun, where dozens of imitations often appear within minutes of a trending launch.
âYou donât know which oneâs real on other platforms,â Ogle explained. âHere, there can only be one.â
Last month, BeInCrypto published an exclusive report on how racist and offensive tokens were surging like wildfire on Pump.Fun.Â
According to Ogle, America.Fun is working to directly address this issue that plagues most launchpads.The platformâs frontend is curated. Offensive or scam tokens may still exist on-chain, but they wonât appear on the platformâs interface or trending lists.
Ogle compared it to early America Online moderation:
âThere were safeguards in place to stop racism and abuse. Thatâs why it worked. Weâre doing the same â a walled garden where people feel safe.â
This semi-permissioned model positions the launchpad between hyper-open ecosystems like Pump.Fun and fully regulated venues like ICM.Â
According to Ogle, the team wants to strike a âmiddle groundâ between creativity and compliance.
But is it enough to gain traction in an extremely crowded space?
America.Fun enters a saturated launchpad market dominated by Pump.Fun and LetsBonk.Fun, both of which have massive user bases and trading volumes.Â
Ogle acknowledged the challenge but said the platformâs strategy is âreputation and curation.â
He also disclosed that America.Fun operates as a strategic arm of the USD1 partnership, connecting World Liberty Financialâs USD1 stablecoin with Radium and Bonk.Â
However, he declined to comment on any formal stake or revenue-sharing structure.
The decision to pair all new tokens initially against USD1 â instead of the more widely used USDC â could limit accessibility.Â
Ogle argued that this is intentional. He said trading through DEX routers like Jupiter automatically converts USDC to USD1, keeping user experience seamless while supporting USD1âs liquidity.
The platformâs native token, AOL (Americaâs Official Launchpad), launched in early September.Â
As of November 2, it trades at $0.0046, down 54% from its peak, with a $4.6 million market cap and $625,000 daily volume.
This decline mirrors the wider post-October 10 crash downturn, but also suggests that community enthusiasm has yet to translate into sustainable demand.
AOL Token Price Chart Since Launch. Source: CoinGecko
Ogle recently claimed the project gained 39,000 active users in the past 30 days and 222,000 page views, with Singapore, China, and Ukraine leading in traffic.Â
These metrics are unverified, but they indicate early traction in Asia rather than the US market.
America.Funâs selective moderation and launch fees address real problems in the meme coin ecosystem â spam, scams, and offensive content.Â
Yet, the model introduces its own risks. Curated access can slow growth, and limiting pairs to USD1 could restrict liquidity in a market that favors flexibility.
The AOL tokenâs steep price drop also raises concerns about sustainability. Without clear revenue flows, audit transparency, or external verification of user data, investors have limited ways to gauge the platformâs real health.
For now, America.Fun represents an ambitious experiment. A launchpad that wants to clean up a chaotic market without killing its energy.Â
Whether that balance holds will depend on adoption beyond early speculative users.
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