In the fast-paced world of crypto, trends come and go, but some lessons stick around. A recent tweet from Adam, a dashboard expert in the space, highlights a fascinating shift: while NFTs tanked when fees dropped to zero, memecoins are doing the opposite and thriving with higher fees on bonding curves.

Let's break this down. NFTs, or non-fungible tokens, exploded in popularity a few years back, but platforms like OpenSea slashed creator royalties to zero in a bid to stay competitive. Suddenly, artists and creators had little incentive to keep producing, and the market cooled off dramatically. Adam points out that memecoins seem to have learned from this mistake.

Today, a whopping 95% of memecoin trading happens on bonding curves where fees sit above 1%. For the uninitiated, a bonding curve is like an automated pricing mechanism in decentralized finance (DeFi). As more people buy into a token, the price climbs along a predefined curve, creating liquidity without traditional order books. It's a staple in memecoin launchpads on blockchains like Solana.

Adam calls out a few key players:

• Bags.fm: Charging 2% fees, this platform uses dynamic bonding curves to launch memecoins, emphasizing fair launches and community-driven growth.

• Pump.fun: With a 1.25% fee structure, Pump.fun has revolutionized Solana memecoins by letting anyone create and trade tokens instantly. It's all about fair launches where everyone gets equal access from the start.

• Bonk.fun (LetsBonk.fun)​: Also at 1.25%, this BONK community-backed launchpad has surged in popularity, even surpassing Pump.fun in revenue and volume recently. It's integrated with Raydium for seamless trading post-launch.

The image from Adam's tweet illustrates a typical fee breakdown on these platforms—0.3% to creators, 0.95% to the protocol, and zero to liquidity providers (LPs), totaling 1.25%. This setup ensures creators and protocols get rewarded, fostering a healthier ecosystem.

Why does this matter? Higher fees mean sustained incentives. Creators earn from trades, protocols fund development, and the whole scene stays vibrant. Unlike the NFT fee war that led to a race to the bottom, memecoins are betting on value through scarcity and community buzz.

If you're diving into memecoins, check out these launchpads: Pump.fun, Bonk.fun, and Bags.fm. But remember, crypto is volatile—do your research and trade responsibly.

Adam wraps it up nicely: "Maybe we actually learned something from last cycle." It sure looks that way. As memecoins continue to dominate Solana and beyond, this fee model could be the key to long-term sustainability in the wild world of crypto memes.