Creation of Analysoor, a New Protocol on Solana: A Fair Casting Mechanism in a Gambling Style

12/28/2023·1years ago

In recent days, following a strong surge in BRC20 tokens, a frenzy of Meme coin trading in the Solana public chain ecosystem is sweeping through the cryptocurrency circle, with a significant increase in the prices of related tokens. Within 7 days, the SOL token has risen by 56%, breaking through $115 to become the fourth largest ecosystem. The Silly Dragon token in its ecosystem has increased by over 500 times from its lowest point, with a 112.61% increase in 24 hours, and the ZERO token has risen rapidly and steadily by 136% in two days. This wave of trading frenzy for Solana and Avalanche chain Meme coins not only continues the overall hot trading market, but also promotes continued attention to the public chain ecosystem. According to TrendX's Twitter market sentiment analysis, the sentiment index related to Meme is showing "relatively positive," reflecting a lot of attention and optimism.

Today, I want to share the Analysoor protocol behind the ZERO token. The reason for choosing it among the many hot protocols is that its gameplay is very interesting, and it has user addictiveness and sustainability, making it a project with promising future prospects.

What is Analysoor?

ZERO is created by the Analysoor project on Solana and is the project token of Analysoor. Analysoor is the first meta-protocol on Solana, officially launched on December 13 and is still in its early stages. The protocol, which has been so hot since its launch, was founded by early Ordinals OG and Solana developer Pland. The protocol has introduced a unique casting mechanism to ensure the fairness and transparency of the NFT casting process.

Analysoor introduces the Index Protocol off-chain indexer, using Solana's historical data to prevent bot participation, which can make the distribution of Meme coins fairer when they are released and guide the token's liquidity. The ZERO token is the first pure inscription deployed by Analysoor.

Analysoor adopts a system of casting once per block, which does not require user participation in a frenzy of bidding, creating a fair competitive environment for all participants. With its innovative approach to NFT casting and the launch of ZERO, the protocol is expected to fundamentally change the way we interact with digital assets.

How does Analysoor work?

Analysoor is dedicated to building an NFT data center, especially for Ordinals and Solana NFTs, and has been deeply involved for some time. The protocol has now accumulated a loyal fan base and recently launched its own NFT collection.

The Analysoor NFT collection consists of 10,000 unique NFTs, with each NFT representing a block in the blockchain. Since only one NFT can be cast for each block, the collection provides users with a unique opportunity. The casting process will last at least an hour and a half, providing users with ample time to participate without the pressure of hasty casting. In line with the principles of fairness and transparency, Analysoor does not provide refunds for failed casting. All fees collected during casting will be accumulated and used for 10,000 rounds of bidding in the NFT market. This strategic move not only ensures the value of Analysoor NFTs can be enhanced, but also creates a vibrant secondary market for these digital collections.

Firemint Gameplay: Fair Distribution of ZERO Tokens

This is a fair distribution method that excludes whales or bots through a combination of block hash random numbers and participant input costs. Because its gameplay design is completely random, successful casting is like winning a lottery and is also known as a gambling game. Using ZERO tokens as an example:

The Solana blockchain produces an average of one block every 400 milliseconds;
If only one valid casting request is selected in each block, it will take about an hour and a half to cast a complete series of 10,000 NFTs;
Each block has a unique identifier - the block hash. This hash value is unknown until the block is confirmed, making it a random number generator.
Determining the casting/transaction method: First, extract the first number from the block hash to determine the winning transaction. Then, take out all the numbers from the hash and check if these numbers are even to determine from which direction to start counting transactions;
Specifically, if the number in the block hash is even, count from top to bottom; if it is odd, count in the opposite direction.
After successful casting, the corresponding number of tokens will be airdropped into the participant's wallet.

Gameplay provides liquidity:

During the casting process, a fee of 0.08 SOL will be charged for each transaction. As mentioned earlier, there are no refunds for failed casting, and all casting fees will be added to the AMM pool. For SPL tokens, half of the supply will be given to successful casters, and the other half will be used to create liquidity on the AMM; for NFT series, all supply will be given to successful casters, and the casting proceeds will be used to build a Bid wall.

ZERO Token Economics

ZEOR is a Solana token that combines inscription, Meme, and gambling concepts. The total supply of ZERO tokens is 21 million, with 10.5 million tokens to be cast at a price of 0.08 SOL/token, and all casting proceeds will be injected into the AMM ZERO pool.

It is reported that the probability of winning the ZERO token casting is about 8%, resulting in a market value of $1.3 million when added to the liquidity pool. According to Discord messages, the liquidity pool experiment for ZERO tokens raised a total of $640,000 and is expected to inject $640,000 worth of SOL into the protocol.

Side Story and Outlook

The Analysoor protocol has only recently been launched, and the ZERO token is the first series launched by the protocol, followed by the second "ONE" NFT series, which began casting on December 17. However, both casting events did not go smoothly:

First, during the ZERO series, some users did not receive the ZERO tokens they were supposed to receive about three hours after the casting ended. Analysoor even stated on social media that the funds originally planned for the LP pool were mistakenly sent to ZERO holders and released the holders' wallet addresses, calling for them to return the ZERO tokens.

Second, during the casting of the ONE series, due to excessive heat, Analysoor manually closed the casting entrance before the end of the time, stating that the remaining participants were mostly bots. After the casting ended, there were also cases of users who had won but had not received their NFTs.

Finally, these minor incidents were resolved by Analysoor's long-term after-sales service. On December 20, Analysoor opened its Discord community, with a threshold for joining being the possession of 100 ZERO or 1 ONE.

In the Discord community messages, Pland has announced that the next issuance will be a community-led Meme coin, with Analysoor only responsible for starting token casting and locking the liquidity pool. The casting method is also a fair gambling model, with a fee of 0.05 SOL + 1 ZERO for each transaction. Casting will last for 45 minutes, and it is foreseeable that the continuous casting process will stimulate the buying pressure for ZERO, with 48.5% being distributed to successful casters. In addition, ONE NFT holders can receive a 3% airdrop of Meme tokens.

Conclusion

Objectively speaking, this fair casting method is indeed in line with the overall narrative of decentralization, and the mechanism has inherent randomness. This gambling-style gameplay is sure to attract a large number of users willing to participate because it is fair and everyone has a chance, and the unexpected joy of winning creates a certain addictive quality. Hopefully, future casting activities can proceed safely and smoothly, with the team continuously optimizing and improving the user experience. Otherwise, with the project's popularity and increasing number of participants, not only will the probability of winning be fundamentally reduced, leaving people hopeless, but also participants should not have to worry about minor incidents causing them anxiety.

Overall, the innovative fair casting mechanism has a basic reason to continue, and after a major reshuffle, the Sonala public chain has returned with renewed strength, providing strong support for many projects within its ecosystem. Friends interested in Analysoor can also continue to follow the official operational messages and look forward to the performance of the next Meme token casting!

https://app.trendx.tech/projects/2f300778029fb358ce8240bbf7221aacb1c212bb72c66a8e24251af4e877c22e