Abstract Rumble.exchange, the first meme coin-focused DeFi platform on Rari Chain, is seeking 10,000 $RARI tokens to scale its platform. The funding will be milestone-based, supporting development, infrastructure, and marketing initiatives aimed at driving adoption, community engagement, and ecosystem growth.

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Motivation The Rari Chain ecosystem can benefit from the rising popularity of meme coin markets, which are proven drivers of community growth and user engagement. As the first meme coin-focused Launchpad on Rari Chain, Rumble.exchange creates a unique opportunity to establish a thriving niche and attract new users to the ecosystem.

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Rationale Supporting Rumble.exchange aligns with the Rari Foundation's mission to foster decentralized innovation and community-led growth. By providing a platform for meme coin trading and NFT integration, Rumble.exchange increases the utility of $RARI while introducing novel use cases and strengthening ecosystem diversity.

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**Key Terms **

• Bonding Curve Mechanics: A pricing mechanism where token prices dynamically adjust based on supply and demand.

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Specifications

1. Platform Features
   • Standalone Launchpad utilizing bonding curve mechanics for meme coin trading.
   • Integration of NFT functionality for launching and trading meme NFTs.
   • User-friendly front-end optimized for seamless trading experiences.
2. Technical Infrastructure
   • Scalable back-end architecture with enhanced security and server management.
3. Marketing and Community Initiatives
   • Twitter giveaways, trading competitions, and AMAs to grow the user base.
   • Educational content, video tutorials, and platform documentation.
   • Organic growth strategy focused on attracting genuine users and avoiding short-term reward farming.

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Steps to Implement

To ensure transparency and accountability, Rumble.exchange will provide:

• Monthly progress reports on development, infrastructure, and marketing.
• Transparent updates on fund utilization and milestone achievements.
• Community AMAs to discuss progress, address feedback, and align on goals.

1. Phase 1: Initial Development and Launch (5,000 $RARI - 50%)
   • Enhance trading features, improve UI/UX, and integrate meme NFT functionality.
   • Cover infrastructure costs (server and maintenance).
   • Launch marketing campaigns, including community engagement events.
2. Phase 2: 3-Month Milestone (2,500 $RARI - 25%)
   • Release new features based on user feedback and KPIs.
   • Expand marketing initiatives and user acquisition efforts.
   • KPIs: 50+ Daily Active Users, $30,000 Monthly Trading Volume, and 2,500+ social media followers.
   • Note: Phase 2 payments are subject to clawback if milestone reports are not submitted by the deadline. If reports are incomplete or fail to demonstrate satisfactory progress, funds may be reclaimed.
3. Phase 3: 6-Month Milestone (2,500 $RARI - 25%)
   • Scale platform operations, security enhancements, and infrastructure upgrades.
   • Host competitions and community-driven events to drive continued growth.
   • KPIs: 100+ Daily Active Users, $50,000 Monthly Trading Volume, and 5,000+ social media followers.
   • Note: Phase 3 payments are subject to clawback if milestone reports are not submitted by the deadline. If reports are incomplete or fail to demonstrate satisfactory progress, funds may be reclaimed.

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Timeline

• Phase 1: Start immediately upon approval (1 month).
• Phase 2: Complete 3-month KPIs and milestone report. Milestone report due no later than March 23, 2025, 23:59 UTC. Late submission will initiate clawback.
• Phase 3: Complete 6-month KPIs and final milestone report. Milestone report due no later than June 22, 2025, 23:59 UTC. Late submission will initiate clawback.

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Overall Cost

• Total Requested: 10,000 $RARI
  • Phase 1: 4,680 $RARI (50% upfront)
  • Phase 2: 2,500 $RARI (25% April 1, 2025, 00:00 UTC) (Clawbackable)
  • Phase 3: 2,500 $RARI (25% July 1, 2025, 00:00 UTC) (Clawbackable)
  • Gas to cover transactions: 20 RARI
  • Delegate fee to Firefly808.eth: 300 RARI

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