ARTICLE SOURCE- MEDIUM BY Sean McNelly
As the developers of Memebrewery.fun were gearing up for their app’s launch, they stumbled upon an unforeseen obstacle.
The memecoin segment of cryptocurrency has grown beyond its origins as “shitcoins” and is now generating serious profits for meme creators, developers and Solana blockchain. While platforms like Pump.fun embrace a playful narrative of “just fun,” real monetary gains are being made and acknowledged by financial districts around the world as being an additional valid “segmentized”, portfolio asset.
Pump.fun, built on the Solana blockchain, has seen viral success, producing remarkable results. However, this success has also caught the attention of competitors, much to the concern of Pump.fun and its partners.
Related article: “Unfair Competition and Market Manipulation: Addressing Intentional Obstruction”
Within the crypto community, especially among oracle platforms, business alliances are formed that push the limits of ethical boundaries — an approach that would typically invite regulatory scrutiny in traditional financial systems.
The Launch Controversy
When the developers behind Memebrewery.fun prepared to launch their app, they encountered an unexpected roadblock. Blowfish.xyz, through the Phantom wallet, flagged Memebrewery.fun as a malicious application. This warning discouraged potential meme creators from using the platform, effectively driving users away. The use of such warnings to filter out competition raised concerns of unethical practices, hinting at possible collusion and deliberate market manipulation by various stakeholders.
Potential Legal Actions
The development team at Memebrewery.fun anticipated a fair launch for their non-malicious app but encountered pushback from influential players in the industry. In response, the venture capital group backing Memebrewery.fun, represented by VC Corwin Goldman-Dibbs, has prepared to pursue legal action. A letter outlining their intent to litigate seeks compensation for lost time, capital investments, and ongoing revenue losses.
Meanwhile, Pump.fun continues to thrive, experiencing exponential growth. The future looks bright for the memecoin market, with significant expansion predicted through 2025.
Epilogue
Until an appropriate conclusion is addressed and administered, Memebrewery.fun will be relentless in the pursuit of an equitable restoration from unfair market manipulation and Anti-Competitive Behavior.
Visit BreweryBlog — Meme Brewery to stay up to date on this developing story. Even with the false warning signs, creators can bypass the sign and go into the app and flawlessly create memes with the Phantom wallet. Also, visit MemeBrewery.fun on X https://x.com/memebrewe .
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