GraFun Launches Labs Division

GraFun, a memecoin launchpad on the BNB Chain, is launching GraFun Labs, a new initiative designed to support growth in the meme ecosystem through partnerships with DWF Labs and Floki.

The Labs will assist budding memecoin projects by providing a distinctive narrative through its Growth Program.

Memecoins have become crucial players in the crypto market, influencing much of the on-chain activity and shaping key aspects of the industry's culture. A representative from GraFun stated that the establishment of GraFun Labs would allow the next generation of memecoin projects to fully unlock their potential.

Key Details:

• DWF Labs and Floki, the largest memecoin by market cap on the BNB Chain, are among the partners of this initiative.
• The project aims to enhance community growth, branding, marketing, engagement, and influencer outreach for smaller memecoins.
• The launch follows GraFun's introduction in September, which utilized a "Fair Curve" mechanism to mitigate risks associated with rug-pulls and price manipulation, achieving over $250 million in trading volume shortly after.

Conclusion

Memecoin projects with unique approaches are encouraged to submit applications for the Growth Program via GraFun Labs' online form.