Smart Pocket, the IP launchpad building a reputation for supporting the launch and exponential growth of IP tokens, is announcing the official debut of its SP token, the base currency to power its growing economy based around digital assets that connect characters, stories, and arts.

The IP token sector has grown to become almost a $3 billion narrative, and the success and staying ability of platforms like Smart Pocket have provided a steady base for the preservation and proliferation of value created by the DeFi degens and community creators contributing to turning the virality of IP meme tokens into a user-led market that sees over $500 million in daily trading volume.

The launch of the SP token is a strategic decision by Smart Pocket to kickstart a new era in the IP token market, where creators and fans around the world are connected through a single currency in an ecosystem that promotes and circulates value freely. It’s the next step of Smart Pocket’s roadmap to becoming the base layer that connects the IP token sector through a universal standard that secures value and rewards creativity, resolving the liquidity fragmentation and interoperability problems causing inefficiencies in IP economies.

The recently launched SP token builds on the success of past token launches, HOLY and PKM, that have seen over 100x growth since they went live on the Smart Pocket IP launchpad.

Tokens issued on Smart Pocket’s “MemePad” carry a common “SP” identifier at the end of their contract addresses. Each successful token launch is linked to the next, adding to the reputation of the “SP” identifier and supporting the case for Smart Pocket’s interconnected ecosystem. Each token generated on the Smart Pocket launchpad will now enjoy interchangeability and liquidity with SP token, creating a circular economy where value moves freely across the entire IP ecosystem.

AMATO’s token launch in November will present another opportunity for a token with the “SP” identifier to create another link in a growing chain of successful Smart Pocket MemePad launches.

Smart Pocket also remains committed to promoting community engagement and user growth via staking rewards, airdrops, and the redistribution of transaction fees among the users who generate value and keep the ecosystem running. One of such initiatives in progress is the ongoing SP token airdrop, where users can claim rewards every day for approximately the next ten months. Smart Pocket’s season 1 airdrop awarded about $13 million worth of tokens to users, with daily allocations of up to $4,000 to the highest-ranking users.

Smart Pocket launches Season 2 Airdrop tied to $350M in reward pool

Smart Pocket has officially kicked off its Season 2 airdrop, allowing users to begin earning points toward allocations from a $350M reward pool - the largest of its kind in crypto to date.

The platform says it is doubling down on transparent and verifiable reward distribution, giving participants more ways to reinvest their SP token rewards. These rewards can be allocated into new IP tokens, NFTs, and exclusive access to upcoming projects within the Smart Pocket IP token ecosystem.

One of such initiatives in progress is the ongoing SP token airdrop, where users can claim rewards every day for approximately the next ten months. Smart Pocket’s season 1 airdrop awarded about $13 million worth of tokens to users, with daily allocations of up to $4,000 to the highest-ranking users.

Smart Pocket is the future of the IP token market

Smart Pocket’s vision is led by the same team that successfully launched 1% of the total supply of Smart Pocket’s SP tokens into space aboard SpaceX’s Bandwagon-2 rocket on December 22, 2024. The IP token market has defied the odds to grow into a $3 billion market despite the inefficiencies and fragmentation leading to low liquidity markets and opportunistic value extraction practices.

“We’re creating a new culture on the blockchain — where IP tokens define the next generation of assets. The SP token launch is the next step in creating a universal currency that binds IP tokens to Smart Pocket, the base layer of value generation, distribution, and retention. We’re creating our own playbook here because nobody has planned an interconnected platform to the level of Smart Pocket yet. A global movement starts here, in Japan,” - Captain Yuda, Founder of Smart Pocket.

About Smart Pocket

Smart Pocket is the world’s first launchpad for IP tokens — a special subcategory of meme coins that specifically incorporate or reference intellectual property (IP) from established brands, characters, celebrities, or pop culture icons. With the SP token as its native token, it connects IP token holders to a suite of user-centric native DEX, NFT marketplace, with plans for dApps and e-commerce expansion.