Nov. 25, 2024, Singapore – SODA, a no-code Telegram Mini App launcher and distribution infrastructure for consumer crypto, has closed a pre-seed funding round led by Gagra Ventures with participation from notable angels: Kenny Li (founder of Manta Network and p0x Labs), Marat Khichikov (Managing Partner at Bitfury Group), Seb (founder of Sophon), and Omakase (early contributor of Sushiswap).
On launch, SODA will feature a no-code Telegram Mini App games builder that allows any user to launch a game with a memecoin in less than 1 minute. The project disrupts three critical areas required for memecoin growth:
- Onboarding
- Distribution
- Economy
SODA offers the most straightforward onboarding for both Web2 and Web3 users.
For creators, no coding is required to launch a TMA. No art or game design skills are needed - get started with AI-generated assets and ready-made game presets (e.g., idle, tap, craft games). Every AI-generated asset can be changed or customized manually.
Before SODA, one had to be a tech-savvy programmer to launch their Telegram Mini App. As a result, the creative potential of millions of users who love playing Telegram games remained untapped.
As for the players, it has never been easier to get involved. To play and farm a memecoin, a user does not need gas or wallet. If a wallet is required, SODA generates an embedded wallet on the fly. At the same time, Web3 native users will be able to use their favourite mobile wallets.
SODA allows memecoin developers to leverage Telegram as a distribution channel. Telegram has proven to be the #1 distribution channel in consumer crypto. Moreover, every Mini App comes with every growth tool needed: an AI agent to generate content, a referral system, a point-based leaderboard and social media quests.
SODA pioneers the first-of-its-kind net positive, PvE and sustainable token launch economy. Users can climb the ranks in a free-to-play game to earn their fair share of tokens. In-game microtransactions, ad revenue and sponsored quests contribute to the token’s liquidity pool.
With SODA, selling tokens or trading against others is not required anymore to launch a token! Creators can grow your playerbase, add more content to their games, collaborate with other Web3 projects, and grow their token’s liquidity organically.
For more risk seeking users, SODA still allows for classic bonding curve trading. But unlike on other platforms, PvP trading cannot negatively affect token’s liquidity. SODA keeps already accumulated liquidity untouched by bonding curve trades. In other words, players can never become “exit liquidity” for traders. For example, one cannot sell tokens against the liquidity gathered through in-game purchases or any other fees.
SODA is set to be released in December 2024, will support Solana, EVM and TON blockchains from the start and add Move-based chains (Sui, Aptos) in the near future.
“This is a team of exceptional engineers and I’m happy to support and guide them in their founder journey” – says Kenny Li of p0x Labs. “SODA team has a unique product to offer to the market and we are very bullish on their prospects” – comments Arsenii Dain, Investment Partner at Gagra Ventures.
The early ecosystem partners of SODA include Sophon, consumer app-chain on ZKSync stack, Movement Labs, the company behind Move-based rollups, Berachain, an EVM blockchain set to launch soon, and Akedo Games, Asia-based game publisher on Telegram.
Pitch and demo of SODA
Read more about how SODA enables the next generation of consumer crypto and memecoins: https://mirror.xyz/0xC10E1cb273Cdf44EB35b52F6888650B14e3BA377/EHPg0_EMBV0_NJ9IQ zkU6HyShZ2_tO1XKnCJZWoA_gA.
- Website: https://soda.fun/
- Socials: X | Telegram
- Early Access: Whitelist