Hey folks, if you're deep into the world of meme coins like I am, you've probably heard the buzz around Project 89. This isn't your average pump-and-dump scheme; it's a project with real roots in AI artistry and storytelling. Recently, the team dropped a bombshell thread on X announcing their migration to the Bonk Fun platform. Let's break it down step by step, because this move could shake up how we think about sustainability in the meme token game.
The Big Announcement
It all started with a teaser post from @project_89 confirming the migration to @bonk_fun. But the real meat came in a detailed thread explaining the why, how, and what it means for holders. This isn't just a technical shift—it's about taking back control and building something lasting.
Why Migrate? Reclaiming the Narrative
Project 89 kicked off with an AI artist, @whyarethis, who didn't even launch the token but supported it enthusiastically. He got a tiny 1% slice while others cashed in big. The team built without resources, no access to liquidity pools (LP, basically the funds backing the token's trading), no treasury, and no real runway. Now, they're migrating to gain control over their smart contract (the code running the token), introduce trading fees for sustainability, bump up the token supply for platform building, and improve branding.
In simple terms, meme coins often launch on platforms that favor quick flips over long-term building. This migration aligns incentives so creators, builders, and the community all benefit. No more stealth taxes or insider rugs—just transparent growth.
The Grand Vision: Beyond Just a Meme
We're talking about an AI-powered media franchise here. Project 89 aims to be a game platform, animated series, AI-native films, and a community-driven universe. Think merch, real-world experiences, and a "recursive entertainment loop" where the meme evolves with user input. This has been brewing for 20 years, and the migration unlocks the resources to make it happen.
What Went Wrong in the Past
The team got pulled into crypto by memecoin devs looking to profit off their work. They ended up supporting a token they didn't create, with no fees, no contract control, and no LP benefits. Millions traded hands while they got zilch. It's a classic tale in meme coins: extraction over creation. Now, they're fixing it by migrating to a builder-friendly setup.
Operation Liberation: Allies and the Plan
Dubbed "Operation: Liberation," this is a team effort with @MigrateFun handling the tech, full backing from @bonk_fun, and support from @theunipcs, the Bonk ecosystem, and the P89 community. MigrateFun is audited for safety, takes only a 3% fee from reclaimed SOL (Solana's native token), and locks the LP on the new platform.
How It Works for Holders
If you hold $PROJECT89, it's straightforward: Vault your old tokens in a safe spot, the LP moves over, and you claim new tokens on Bonk Fun. Early migrators get bonus multipliers. The process launches in early September, giving everyone time to prep. No one's left behind—this is a community walk.
Increasing Supply: Fuel for the Future
To build big, they need more tokens. The increase will be transparent: vested portions for the team, allocations for growth, marketing, and mostly for platform rewards like staking and loot boxes. A full breakdown is coming soon. This isn't dilution for dilution's sake; it's rocket fuel for hyperspace.
Why Bonk Fun?
Bonk Fun offers higher volume, creator fees, true decentralization, and memetic vibes that fit Solana's culture. It's builder-first, routing fees back to projects instead of middlemen. Bonk isn't just a dog meme—it's a platform that empowers creators.
What's Next After Migration
This is just the start. Post-migration, expect AI lore expansions, PROXIM8 network upgrades (their AI tech), mini-games, merch drops, experimental films, and generative storytelling. They've held back due to constraints, but now it's full throttle.
Final Thoughts and FAQ
The team emphasizes they didn't choose the old constraints but chose to build anyway. Now, it's liberation time. Check out their Proxim8s, lore dive, and 3D HQ.
In the FAQ, they cover safety (audited process), no LP grab, timing (early September), supply details, and why it's not a rug—it's reclaiming control. They have support from key players like @theunipcs, and it's all about sustainable building.
This migration could set a precedent for meme coins evolving into full-fledged entertainment ecosystems. If you're in Solana memes or AI blockchain projects, keep an eye on Project 89. It's not just a token—it's a movement. What do you think—game-changer or risky move? Drop your thoughts below!