What this is

Conspire launches one coin every 20 minutes on Robinhood Chain. During each 20 minutes round, anyone can put a coin in the day's launch 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 per round (20 minutes each), 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 lineup, 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 2 minutes. 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 2 minutes, 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 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. What blunts it is the batch itself: the voters own the whole bottom of the curve before anyone else can trade, and public trading opens above the price they paid, so a dump eats its own slippage. On top of that, sells in the first hour after launch pay an extra fee that starts at 5% and falls to zero, and that fee stays inside the curve, so a dump pays everyone who held. Splitting across wallets or transactions does not help. A whale who wins the vote holds a real position in a coin they picked, not a free exit. There is also a per-transaction buy cap in the first minutes after launch; it stops a single sweep of the opening and nothing more, and we do not lean on it.

Fake momentum. Withdrawals close 2 minutes 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 claim a refund. A quiet round does not produce a token that one person owns entirely.

What the cabal gets paid

The dividend. Every trade on a launched coin pays a 1% fee. Backers share a quarter of it (more if the creator gave up their share when entering), plus the whole launch-hour dump tax. Each backer's share is proportional to the batch tokens they still hold. Sell your batch and the stream stops. Claim it from My activity or the coin page; it is not paid out automatically.

The creator's choice. When a creator submits a coin they choose how much of their own fee share they keep: all of it, half, or none. The rest goes to the backers on top of the dividend. The choice is on the card, it never changes, and pledgers decide which kind of coin wins. A coin marked cabal coin sends every creator fee, launch and trading, to the people who backed it.

Back today's winner. You do not have to pick. Put ETH on whichever coin wins and it joins the batch at the same price as everyone else. It does not vote. It sits under the same cap as riders, and anything over the cap is refunded.

Ride the winner. A pledge can be flagged to join whichever coin wins if yours loses. The ETH goes into the batch before the buy, so riders pay the identical price as the voters. Riders are capped at the size of the winner's own pool, so a cheap vote cannot capture them. Anything that does not fit is refunded as usual.

Points. Every wallet has a score in My activity: 250 for each coin you enter, 10,000 for each ETH you pledge (withdrawals count against it), 500 for each round where a coin you backed won, 2,000 for each round your own coin won, and 1,000 once for linking your X account. The leaderboard ranks every wallet. Points are a score, not a token, and nothing is owed for them.

Recruiters. Share your link from the wallet panel. A wallet that first pledges through it is bound to you for good. You earn 0.25% of every ETH they put into a winning pool and 10% of the fee on every trade they make, paid out of the platform's share, never theirs. Any bot, terminal or front-end can pass its own referrer on trades and earn the same.

Huge days. There is no ceiling. The curve is sized from the winning pool, so a coin that pulls in a fortune launches everyone at one price with a bigger opening market cap, and the batch always ends up holding 40% of the curve's supply. Graduation to the DEX scales with it too, at five times the batch.

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. Settlement needs no operator: the first action on a new day settles the day before, in the same transaction, and whoever sent it collects a sliver of the pool for the gas. Anyone can also call finalize directly. We run a keeper as a courtesy for quiet days, not as a privilege.

How a round works (20 minutes on this deployment)

1. Submit. Anyone can put a coin in today's launch for a small fee: name, ticker, a line of text. If it wins, the submitter gets the fee back, half of the launch fee, and half 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 2 minutesbefore 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. Run it again. Coins that lost stay eligible. Anyone can put yesterday's loser back on today's launch for the submit fee, with the original submitter kept as creator.
5. Trade. The curve opens to everyone. One percent fee on each buy and sell.
6. Receive. Every backer's share of the batch lands in their wallet in the launch transaction. Nothing to claim.
7. 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. except tuna.