There're arguably 2 core metas in consumer crypto now: memecoins and prediction markets. While the first are resembling slots-like speculation (-EV), the latter tend to be a more knowledge-based and +EV game, yet with capped rewards.
Even though prediction markets are definitely more fair (and often more fun), the memecoins keep stealing the liquidity show thanks to their aggressive 100x promise.
Can prediction markets offer similar upside to the end users? What if we could leverage memecoin primitives to make this happen? At Hyped we believe it’s possible!
What if pump.fun and Polymarket had a child?
Politics is definitely a common playing field for both memecoins and prediction markets. While PolitiFi coins account for >$500mn in cumulative market cap, Polymarket can't stop hitting ATHs in trading volume ahead of US presidential elections. Thus, one can't think of a better starting ground to marry these two concepts.
To do that, we bring up the concept of the internet hype made by famous people (politicians in particular). How do you measure that? Think Google Trends: they go up every time the person is hyped, whether it's Trump's assassination attempt or Kamala's presidential nomination.
Ok, so what? What do you need this hype thing for?
Well, hyped.lol focuses on the fair launch of hypecoins dedicated to famous people (politicians, and, later on, celebrities) and redistribution of value across these coins – based on the hype made by coin heroes!
You can think of it as a best way to ape into your favorite celebrity-as-a-meme, w/o worrying about possible rug pulls or any other external factors. Kamala's on fire? Chart goes up, no other way.
How do we make it possible?
Never-ending prediction markets
All the hypecoins launched on hyped.lol follow the same LP rule:
80% of LP is locked forever;
20% of LP is used to redistribute value between tokens.
Kamala's on fire today and Trump is in the doldrums? $KAMA gets a boost using a tiny share of $MAGA's LP! Trump makes a comeback the next day? See the reversal!
What's next?
Since it's an election season we're starting with two hypecoins dedicated to the presidential candidates. As soon as we prove product's fun and fairness, we gonna go further exploring other hype beasts – celebrities and, of course... memes!
Hyped enough? Stay tuned to our Farcaster and X, and jump on the hype train!
