CoinList: A Massive Quality Boost to Crypto Communities

Oct 7, 2024

At CoinList, we don't just launch new tokens.

Most launchpads will target a random group of users who are likely to sell tokens as soon as they can. At CoinList, we strive to drive targeted and high-quality communities of early adopters into crypto networks and maximize their chances to succeed.

CoinList was started with a small, dedicated base of true crypto believers that supported projects like Solana, Filecoin, Celo, Flow, Near, and more. This community of early adopters has incubated and grown these projects, and many others, to where they are today.

So just how valuable are CoinList users to token networks? We ran the numbers on token launches in 2024. Here's what we found:

1. $104 million in funds raised across 14 token launches

2024 token launches include: Subsquid, zkLink, Nibiru, Meson Network, Masa, Bondex, Mystiko, TeleportDAO, Moca, Peaq, NATIX, Tap Protocol, ReadyGG, and Nillion.

2. 70% of token launch participants still hold tokens 30 days after initial distribution

No one wants a ghost community of token holders and sybils that dump as soon as possible. 70% of CoinList participants still hold their tokens 30 days after a token distribution, a retention rate unheard of among airdrops this year, which saw 60-90% of recipients selling their full allocation immediately after receiving tokens (see zkSync, Blur, Optimism).

3. 167,000 high quality participants from 160 different countries

2024 launches were notably diverse geographically, attracting over 167,000 participants from over 160 countries, further enhancing the networks’ decentralization.

4. The average participant in a 2024 token launch previously participated in 19 CoinList launches

CoinList users are knowledgeable and seasoned retail investors who know how to evaluate projects and contribute to projects. For builders, that means tapping into the same community of early adopters that supported projects like Solana, Filecoin, Near, and Ondo.

5. 15,000,000 Karma points claimed

One of the key elements of our ecosystem is our Karma points system, designed to measure and reward user contribution to crypto networks via activities like staking, trading, participating in token launches, and soon on-chain activity.

Staking accounts for 54% of all Karma points distributed, reflecting deep, long-term engagement by loyal users who lock up tokens to support network operations.

This engagement is further supported by our tier system, which allocates higher chances of securing an allocation in a token launch to top-tier users, further increasing the quality bar for the projects we work with.

6. Incentivized testnet campaigns on CoinList have driven 200,000+ developers, validators, and other participants to battle-test networks

Thoughtfully designed testnets can prime projects for token launches and help bootstrap quality communities before mainnet. We’ve driven over 200,000 validators, developers, and retail power users to help test blockchain networks across multiple categories:

  • Infra: SQD, Zetachain, bitsCrunch
  • Consumer: Bondex, Talent Protocol, Plato
  • DeFi: Primex, Thetanuts
  • DePin: Natix, Koii, DRIFE
  • L2s: Ten Protocol, Capx

7. Verified participants, not bots and farmers

On-chain token launch strategies like airdrops are vulnerable to sybil attack, attracting a low quality community with poor retention, and undermining a project’s credibility by attracting bots and farmers.

Our approach is more robust. We verify the legitimacy of devices and browsers, analyze IP addresses, screen for bot-like and unusual activities, assess email addresses for legitimacy, and ensure each participant is a unique and verified individual. To date, we have removed 2.4M bots and fraudulent accounts.

By utilizing on-chain and off-chain data, we filter for the highest quality in both your community and ours.


Legal notice

Token Launches are unavailable to residents in the U.S. (and its territories), Canada and certain other jurisdictions.

This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries. CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here.

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