What this is

Conspire launches one memecoin per day on Robinhood Chain. During the day, anyone can put a coin on the ballot and anyone can pledge ETH to the one they want. At the deadline the coin with the most pledged ETH launches, and every pledge behind it is converted into tokens in a single batch at a single price. Pledges behind the losers are returned in full.

That is the whole product. The rest of this page explains why it is built this way, because most of the design is a reaction to how launchpads currently fail.

The problem with launchpads

Pump.fun proved that a bonding curve plus a one-click token factory is enough to create a market. It also showed the failure mode. On busy days it mints tens of thousands of tokens, and the share that ever reaches a real exchange listing sits around one percent. Nearly every coin is dead on arrival, not because the idea was bad but because nobody was looking. Attention is the scarce resource, and unlimited launches divide it to zero.

The second problem is who gets the good price. On a first-come bonding curve, the cheapest tokens go to whoever lands in the first block. That is never the community; it is a bot colocated with the sequencer, or the creator buying from a dozen wallets before announcing. Everyone who hears about the coin the honest way buys from those wallets at a markup, and then gets sold to. The curve is fair in the sense that a footrace against a car is fair.

Older models have their own versions of this. ICO presales gave the best price to whoever the team liked. Balancer-style liquidity bootstrapping pools fixed the sniping problem with a falling price, but they are slow, capital-heavy, and nobody is going to run one for a joke coin. Dutch auctions are elegant and almost nobody understands them.

What we changed

Scarcity. One launch a day, on a clock everyone can see. Instead of ten thousand coins competing for a sliver of attention, every trader on the chain is looking at the same ballot, the same countdown, and then the same coin. The day's liquidity lands in one place instead of being sprayed across thousands of curves that will never fill.

The crowd picks with money, not clicks. A pledge is a vote and a purchase order in one. You cannot spam it, because it costs ETH, and you cannot fake conviction, because your ETH is on the line until the deadline. The leaderboard is a live prediction market for what people actually want to own.

Batch settlement. This is the part that matters most. When the deadline passes, the winning pool is executed as one purchase against a fresh bonding curve, inside the same transaction that declares the winner. Every voter receives tokens in proportion to their pledge at the same average price. There is no first block to race for, because there is no ordering inside a batch. Public trading opens only after the batch, at a higher price than the voters paid. Stock exchanges have opened trading this way for decades (the opening call auction), and it exists precisely to stop the fastest participant from taxing everyone else.

Losing costs nothing. If your coin does not win, your ETH comes back in full. You can also pull a pledge out mid-round for a small fee, up until the final two hours. The point is to make it cheap to back a long shot. The long shots are where the fun is.

What we designed against

The last-second flip. With a public deadline, a whale can watch the board and swing the result in the final seconds, which would make early voting pointless. So in the last two hours, the vote weight of new pledges decays linearly to half. Flipping the outcome late costs roughly double, and if you do it, you have just bought a large, vesting position at the batch price. It is a real bet, not a griefing move.

Pledge and dump. The obvious attack on a batch is to win the vote with size, take the floor price, and sell into the people who buy at open. Batch tokens vest instead: a quarter at launch, the rest streamed over 48 hours. By the time a whale can exit, the market has had two days of price discovery and the launch buyers are not sitting ducks.

Fake momentum. Withdrawals close two hours before the deadline, at the same moment decay starts. You cannot park a huge pledge on a decoy to scare off rivals and then yank it at 23:59.

Dead days. If the winning pool is below a floor, nothing launches and everyone is refunded. A quiet day does not produce a token that one person owns entirely.

Us. There is no admin key that can touch a live curve, redirect fees, mint tokens, or pause trading. The fee address is fixed at deployment and cannot be changed. Anyone can call finalize; the contract pays them a sliver of the pool for the gas. We run a keeper as a courtesy, not as a privilege.

How a day works

1. Submit. Anyone can put a coin on the ballot for a small fee: name, ticker, a line of text. If it wins, the submitter earns 10% of that coin's trading fees for as long as it trades on the curve.
2. Pledge. Pledge ETH to a candidate. Withdraw for a fee any time until two hours before the deadline. After that, pledges lock and new votes count for less.
3. Deadline. Finalize runs. The leader's pool, less a 1% launch fee, becomes the opening batch of a new bonding curve. Losing pledges become refunds.
4. Trade. The curve opens to everyone. One percent fee on each buy and sell.
5. Vest. Voters claim their batch tokens as they unlock over 48 hours.
6. Graduate. Once the curve's reserves reach the threshold, the ETH and the reserved tokens are moved into a DEX pool and the LP tokens are burned. The liquidity is locked forever and unsold curve tokens are destroyed.

Fees

The token

Every launch mints a fixed supply of one billion tokens directly to its bonding curve. There is no owner, no mint function, no pause, no blacklist, and no team allocation. 800 million are sold along the curve; 200 million are held back to seed the DEX pool at graduation. Whatever the curve has not sold by then is burned.

Contracts · Robinhood Chain Testnet

Source and tests: github.com/Jbusiness0810/conspire

This is a testnet

Everything here runs on Robinhood Chain Testnet with test ETH that is worth nothing. The contracts have not been audited. Do not send real money to anything on this site.