Could this be the future of blockchain? Funded by the Solana Foundation and others, Blinks.gg aims to create the Windows of Solana.
Launching their token through pump.fun also differs from how we normally will see tokens launch. However, the team did not want to raise money from VCs to take a cut from retail investors and therefore pump.fun was a good solution as it’s provably decentralized.
The Windows of Solana? Sounds complicated.
Imagine opening an application or browser on your PC. From that browser window, you have everything from Raydium to Jupiter to trading NFTs to a block explorer within one click and in a safe environment without a chance of getting phishing attacks.
That’s what Blinks wants to create. Plus, of course, there is no code builder, which will make building on top of them and Solana that much easier to work with for new developers!
Solana Foundation and Wormhole Back Blink: Money Where There Mouth Is?
🚢🚢🚢 – v0.2
The most powerful no-code builder on SolanaCreate on-chain, share with Blinks, and monitor
Video shows creating a collection and its Blink (speed 2x)Join our journey by minting our Blink below
🧵👇 pic.twitter.com/HleR6Y4Nph— blinks.gg (@blinks_gg) August 16, 2024
As it turns out, both Solana Foundation, Wormhole, and Deanslist have invested in Space Operator, the engine behind Blinks, and, as we understand it, the same team is behind Blinks!
It’s quite bullish to have such big names giving grants to a small project like Blinks. Even better, they also choose not to go out and hunt for VC money, instead letting you and me get in the project at low valuation with a say in which turns the project takes and how it’s run.
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Blinks Token Pumped 115x Upon Raydium Listing
While bonding on Pump.fun took nearly 5 hours, which means raising the initial $60k for getting onto Raydium, it only took the token 7 hours to go from $60k to a near $7 million market cap—a 115x increase! This is absolutely wild and unheard of.
Since then, the token has gone on to retrace a bit. Quite naturally, after such a huge increase, people will want to make a profit, and others will want to get in. This is a natural market process of distribution and accumulation.
For now, all we can do is await the full launch of Blinks’ much-anticipated Solana OS to see if it can keep the hype up. Personally, I look forward to trying it out!
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
