Dubai, UAE, June 26th, 2024,
Chainwire
Next-generation memecoin project Borpa has announced the launch of its omnichain
financial game, making it the first memecoin to distribute
liquidity mining incentives across both Ethereum Virtual Machine
(EVM) and non-EVM networks.
Scheduled for June 27 at 2pm UTC, the historic launch introduces
a unique financial model powered by robust economic mechanics
designed to increase token value via active community
participation. Notably, Borpa has raised $65M in the Overflow
round, underscoring strong investor confidence.
Unlike traditional memecoins that depend solely on speculation
and hype, Borpa’s innovation employs a dual-themed branding
strategy which combines the playful allure of memecoins with robust
DEX AMM functionality.
“Borpa represents nothing less than the evolution of
memecoins from fun and, let’s be honest, purely speculative assets
into something different, something altogether more valuable,” said
Borpa Founder and crypto veteran Psychonaut4975.
“By incentivizing liquidity across multiple chains with
our game, we are taking the road less traveled and pioneering a
completely new approach – one that paves the path to a more
sustainable and value-driven memecoin ecosystem.”
Incubated by Entangle Labs and built on
its cutting-edge omnichain infrastructure, Borpa’s token
distribution design is another aspect that sets it apart from
typical memecoins, whose stealth launches centralize most of the
token supply to founders and insiders. In contrast, 80% of Borpa’s
total supply is allocated to the community, including the
aforementioned financial game’s high APR farms.
This fair distribution mechanism, where rewards are proportional
to the skin users have in the game, enables Borpa to allocate
tokens on a meritocratic basis while generating widespread
visibility as the first memecoin available across Ethereum, Solana,
and other leading chains.
“The memecoin asset class is maturing rapidly, and
Borpa represents its maturation – a project and token that are fun
and engaging while still delivering real economic opportunities,”
said Faisal Mehrban, Founder and CEO of Entangle Labs.
“Borpa’s compelling blend of strong tokenomics,
game theory, and viral marketing, backed by our omnichain
infrastructure, means it is perfectly poised to capitalize on the
booming meme season we are currently witnessing.”
Audited by leading blockchain security firm Halborn, Borpa has
already built a vibrant 120,000 strong community within three
months of its launch, making it one of crypto’s fastest-growing
projects. Its pre-market price on WhalesMarket, meanwhile, achieved
~$0.1, giving it a Fully Diluted Value of ~$100,000,000 FDV. A
figure that reflects the wider community’s high expectations.
The product of over 1.5 years of dedicated research and
development from a founding team with expertise spanning market
psychology and web3 technology, Borpa builds on the foundations
laid by successful projects like Dogecoin and Sushiswap and its
upcoming game represents the arrival of memecoins’ bold new
frontier.
About Borpa
Borpa is a pioneering memecoin project and
financial game ushering in the next generation of meme tokens and
paving the way for omnichain participation incentives. Built by a
talented team of crypto and market psychology experts and backed by
Entangle Labs, Borpa blends playful meme branding with strong
tokenomics to create a novel experience poised to ignite meme
season.
Visit https://borpatoken.com/
Contact
Faisal
Mehrban
info@entangle.fi