What it is
Quoits is an old ring-toss game. Quoitpad is a small launch platform on Raydium LaunchLab: an on-chain platform config with its own name, fee and this web page. Coins launched on it trade on Raydium's bonding curve and graduate to a Raydium CPMM pool at 85 SOL.
House coin
Meme coin. No utility, no team, no roadmap, no promise of value.
Contract:
3k5YbEGNdgV2CF9x9vi92cdQyuUwXJUbf52svXpjZstXSecond coin
In quoits a ringer is a throw that lands on the peg. Meme coin, same fees, same rules. The deployer buys about 0.4 SOL at creation and sells it automatically within about 30 seconds.
Contract:
BGPXmtjn2hpfWvjJyYa1NowLq4hvP6Qf5REZXUSToFNDEarlier coins on this platform
| Quoit ($QOIT) | FE1qNnGRNhqhVNNgrnJyb7MjPpHhLAahnWLNvxy9vyZH |
| Quoitpad ($QPAD, house coin) | 3k5YbEGNdgV2CF9x9vi92cdQyuUwXJUbf52svXpjZstX |
| Hob ($HOB) | DQBwD2o5B15Gys4ufor3djk9GxH2T7wzY8mgERoKcUBy |
QOIT and HOB had no outside buyers. On QPAD two trading bots bought about 2.1 SOL in the first second and sold within seconds; the creator also sold within seconds. In every case the creator bought and sold within about 30 seconds.
Fees
| Platform fee | 1% of each trade, to the Quoitpad wallet (was 2.75%, then 1.5%, lowered on 7 Nov) |
| Creator fee | 0.5% of each trade, to the coin creator |
| Raydium protocol fee | 0.25% |
| Supply | 1,000,000,000 per coin, mint authority revoked |
Read this before you buy
The platform wallet and the creator of every coin here are the same wallet, so the deployer gets 1.5 of every 1.75 points of fee. The deployer buys about 0.38 SOL of QPAD at creation and sells it automatically within about 30 seconds, possibly into your buy. Prices on bonding curves can go to zero.