Understanding Four.Meme, How to Launch a Meme Coin on BNB Network?

With the growth of the memecoin market, more entrepreneurs are getting interested in creating their own tokens. It is easy to create your own token if you are a blockchain engineer or if you have a million dollars in funding. However, not all memecoin creators know coding, and neither do they enjoy the luxury of getting funded.

For those memecoin creators and entrepreneurs who have the desire but lack the know-how and funding to create their own memecoin can use tools like Sunpump.meme(Tron), Pump.Fun(Solana) and Four.Meme(BNB). It is one of the largest memecoin creation tools available on the BNB Chain. 

Want to take a look at how a token is developed on SunPump.meme?

With this tool, anyone can create a memecoin within a few minutes and even get funded if their memecoin does well. This article brings you the full guide for creating, launching and monetizing your memecoin on Four.Meme.

What is Four.Meme?

Four.Meme is a memecoin creation tool that lets you create memecoins without coding, blockchain development or using any other professional level development. However, the results are at par with other top-level solutions.

The token development platform also has very unique gifts for its users.

Creating a Memecoin on Four.Meme

Four.Meme is perhaps the easiest memecoin creation tool and requires only a few steps, which can be done in a few minutes. As compared to other tools like Pump.Fun (Solana) and Sunpump.meme(Tron), the website of Four.Meme looks much more user-friendly and is easy to navigate.

Do you know that Ethereum’s gas fee is still much higher than that of the BNB chain?

The process to create a memecoin is a simple three-step process 

1. Get to the Four.Meme platform and click on “Create Token”.
2. Fill up the details on this page, add an image, put a description, website and social media handles.
3. Finally, pay the fee from your Binance Wallet, SafePal and Token Pocket. And you are done.

Fees and Costs

Initial Costs

The Four.Meme platform just asks you for a 0.005 BNB fee to deploy your memecoin. Once deployed, the platform then lists it on its board.

Unlike other platforms like Sol.Pump, Four.Meme does not ask for extra fee other than that mentioned above. The only fee involved here is the deployment fee which is less than three US dollars.

If you still prefer Ethereum’s security, try the Layer-2s then.

Accelerator Program

Each memecoin that is listed on the platform after its initial mint must reach a market cap of $44,444 before it gets into the accelerator program. The program provides a comprehensive launch pad to the memecoins on a stage-by-stage basis.

1. On reaching a market cap of $44.4k, the memecoin will get a badge that gives it priority exposure on the Four.Meme board.

2. The second milestone is reached when the Bonding curve hits 100%. At this stage, the memecoin is airdropped to developers who then interact with it. At this stage, the memecoin also qualified for the official weekly poster.

3. The third milestone at a $1 million market cap and at a $100k trading volume, lets the memecoin get priority access to official key opinion leaders (influencers) and also get community support. Further, additional traffic is redirected towards the memecoin.

4. At the fourth milestone, the memecoin must have a $500k daily trading volume and a market cap of $5 million. Four.Meme also releases an official poster featuring your memecoin and hence getting it more reach. The platform then helps you list your coin on CoinMarketCap. Even more, the BNB chain gets the project on its joint marketing platform.

5. The fifth and final support milestone is reached at a $10 million market cap and $1 million trading volume. At this stage, the coin also must have at least 1000 holders. This stage also gets the memecoin priority support from BNB Chain with respect to Market support. Liquidity Provider(LP) support gives you a CEX listing and also provides Market Maker support.

Four.Meme vs Alchemy Blockchain Development

Four.Meme is the easiest way to develop a memecoin, even if there are other methods available. If you think otherwise, let’s take a look at the development process using a free Alchemy account.

1. Create a free account on Alchemy.
2. Create your own app on the platform.
3. Get some test ETH for testnet deployment and some real ETH for Mainnet deployment.
4. Initialize your project and install all the required packages.
5. Create a HardHat project.
6. Add project folders.
7. Write the smart contract.
8. Connect MetaMask and Alchemy.
9. Install Ether.js and compile the contract.
10. Write the deploy script.
11. Test and deploy the contract.

In the future, a memecoin created on BNB can easily be transferred on Ethereum or Tron.

Advantages and Disadvantages

The most advantageous part of developing a memecoin using Four.Meme is that the process is far easier, far less time-consuming, and gets deployed in a couple of dollars.

Further, the smart contract created is a solid one with way less risk than developing it without expert help.

However, there is one big disadvantage. You do not have a 100% control over your project. The project token parameters as well as the tokenomics is out of the creator’s control at least for the first few phases.

However, from a user perspective, this secures users from token manipulation and pump-and-dump schemes.

If you have abandoned the idea of creating a memecoin, you can still buy one for cheap before it tries to go to the moon.

Conclusion

Four.Meme is a very user-friendly platform for those who wish to create their own memecoin but cannot do so because of limited development skills. The platform allows you to develop memecoins for less than $3 and rewards you with a ton of benefits if your memecoin receives any traction.

Though the platform does not let you control tokenomics, but that’s okay because it has been done for the protection of those who are buying memecoins on the platform.