Casino

Degens love to gamble

Pump.fun, the casino of the cryptocurrency world, built on the Solana blockchain is infamous for turning rags to riches. Anyone can launch a coin, and people with as little as $100 to their name, could turn $100 into $1 million. It sparked a memecoin revolution.

What people don't see is the amount of people who lost money, some a little, some a lot, some their life savings, spiraling into debt. Yet it did not deter people from entering the casino at a chance to make it big.

This concept brought life to Solana, and its blockchain and ecosystem thrived. However, as the casino grew, so did the number of bad actors. Just as people made money buying coins, on the other side of the table, people made money launching and selling coins. Some of the people launching these coins did it with the sole purpose to take money from others, labeled as scams, honeypots, and rugpulls.

Pump.fun had NO measures in place to protect its users and prevent bad actors from launching scams, a double edged sword. The casino rewarded selfishness and greed, only insiders, the top .1% of traders, or influencers profited, while the rest lost.

Exa will do the same and create a casino, but it will be a fair one with protective measures in place, making it safe for anyone to play.