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MAYO NGO is described as a community-driven launchpad operating on the Solana blockchain, aiming to support new projects. It originated from a community effort and focuses on providing a platform for launching and growing initiatives.
MAYO NGO functions as a launchpad platform that emerged from collective community action. It is built on blockchain technology, specifically associated with the Solana ecosystem [1]. The platform is designed to assist new projects in their initial stages, from fundraising to launch and subsequent growth. A core aspect highlighted is a revenue-sharing model where projects are intended to earn a portion of decentralized exchange (DEX) fees generated [1]. The initiative positions itself as a mechanism for "saving launches" and providing a reliable environment for project deployment [1].
The platform's operational model includes a mechanism where projects launched through it are intended to receive 50% of the Raydium DEX fees generated on an hourly basis [1]. This structure is presented as a way to provide ongoing revenue streams to projects and mitigate risks associated with project launches, such as "rug pulls" [1]. The emphasis is placed on creating a framework that supports project sustainability through earned revenue.
MAYO NGO aims to offer services centered around the lifecycle of new projects within the blockchain space. These services are described as helping users to:
The platform intends to serve as an infrastructure layer for community-driven development and deployment of new tokens and initiatives.
Key features highlighted by MAYO NGO include:
These features are designed to create a more secure and supportive environment for launching new projects compared to traditional methods.
The MAYO NGO ecosystem is centered around its community. The platform's origin is attributed to being "Saved by the Community" [1], indicating that community involvement played a foundational role. The community is intended to fuel the platform's activities and support the projects launched through it. [2].
Potential use cases for the MAYO NGO platform include:
MAYO NGO is built on blockchain technology. Its association with "Solana" in its naming and online presence indicates that it operates within the Solana ecosystem [1] [2]. As a launchpad, it interacts with decentralized exchanges like Raydium to facilitate token launches and implement its fee-sharing mechanism [1].
The project is associated with a token referred to as $MAYO [2]. A key aspect of the platform's economic model is the distribution of Raydium DEX fees.
Partnerships includes: