Interpretation of Solana’s new protocol Analysoor (Zero): a new IDO model to solve the problem of fair distribution

Zero uses the block hash random number + participant investment cost to eliminate the possibility of large investors/scientists “wrapping” tokens.

Written by: Riyue Xiaochu

The suffix of KOL’s name begins to have a mysterious (0,1) symbol. Is it a secret code or a crazy project? Learn about Zero in one article

Zero is an innovative protocol on Solana: designed to provide fair launch and solve liquidity problems for Meme and NFT.

Let’s look at the issue of fair start from the inscription craze as a case:

• Scientists use tools to get ahead and make inscriptions in batches. As a retail investor, do you think it is fair?
• Large investors use the power of capital, Baoyuan Inscription, as a retail investor, do you think it is fair?

From Ordi, Atom to Rune, Inscription Project is changing the way of fair distribution, and the first person to set the standard is often the one who eats the most crab meat.

• Ordi defined inscriptions, and the ensuing popularity of inscriptions also established Ordi’s status in the world and fed back Ordi’s market value.
• (0,1) is redefining a fair start-up token distribution model. The more projects adopt this distribution model in the future, the value will be fed back into the Zero ecosystem.

Zero’s fair startup token distribution model (very interesting)

This is a fair distribution method that excludes large investors/scientists through block hash random numbers + participant investment costs. Below is Zero itself as an example:

1. The Solana blockchain generates a block every 400 milliseconds on average.

2. If only one valid minting request is selected in each block, minting a complete series of 10,000 NFTs will take approximately 1 hour and 30 minutes.

3. Each block has a unique identifier called the block hash. This hash value is unknown until the block is confirmed and therefore acts as a random number generator

4. Choose a winning method for minting/trading:

• First, the first number (such as the 6 in “6MjVseMy2khAe1hXnhwFCMZ6FhzuBpaLaezFYnCxZQuN”) is extracted from the block hash and used to determine the winning transaction.
• Then, take all the numbers in the hash (such as 6216) and check whether these numbers are even to determine in which direction to start counting transactions.

5. Specific implementation:

• If the number of the block hash is an even number, count from top to bottom; if it is an odd number, count in reverse.
• Extract the first number 6 from the block hash and select the first transaction containing the number “6”

6. The only way to cheat is to make multiple casting requests in one block, but the ingenuity of the (0,1) design is that each casting has a cost, so big investors/scientists who want to take over the entire block may also lose money. heavy.

(0,1) not only solves the problem of fair distribution, but also solves the problem of liquidity.

All minting fees will be used to provide liquidity to the token/NFT.

• For SPL tokens, half of the supply is given to valid minters and the other half is used to create liquidity on the AMM
• For the NFT series, all supply is given to valid minters, and the minting proceeds are used to build the Bid wall

Market value comparison

• Zero (47M) and Ordi (1.1B)
• One (8M) and Sols (100M)
• Upcoming Meme(?) and Silly (86M)

The next project time node (Saturday 10 p.m. Beijing time)

1. (0,1) The project team is very good at playing. In addition to Zero tokens and One NFT assets, the project has already announced that it will issue Memecoin.

2. It is the same fair lottery mode mentioned above, 0.05Sol +1zero each time. The continuous casting process will stimulate Zero buying and 48.5% will be distributed to successful casting users. The casting will last 45 minutes.

3. In addition, the Holder of One NFT can get 3% Meme token airdrop

It’s really exciting to see such fair start-up innovation. Welcome to add any protocols you see using the Zero method of issuance.