Flap is a decentralized application (dApp) and permissionless token launchpad that enables users to create and launch cryptocurrency tokens. The platform's core feature is a simplified, no-code process for token creation, which is accessible to users without technical expertise. Flap primarily operates on the BNB Chain and utilizes a bonding curve mechanism to provide instant liquidity for newly created tokens, removing the need for creators to supply initial capital. ^{[1] [2]}​

The project's stated mission is to facilitate "frictionless" token creation and trading, fostering a creator-led ecosystem. ^[3] Flap integrates social and gamified elements to drive community engagement around new token launches. Its platform serves as an all-in-one dashboard for token discovery, initial sale participation, and trading. ^[1]​

History

The concept for Flap originated at the ETHGlobal Istanbul hackathon in November 2023, where the founding team's project was a winning entry. ^[2] Following this success, the official X (formerly Twitter) account for the project was created in January 2024. ^[3] The team dedicated 2025 to platform development. In a year-end post, the project described this period as being "about building — tirelessly and passionately: A launchpad, a community, and an idea that anyone can create and trade tokens without friction." ^[3]​

In late 2024, Flap ran an airdrop program to incentivize early adoption and on-chain activity. Users could earn points for interacting with the platform, with the claim for the airdrop going live in the fourth quarter of the year. ^[2]​

The platform's mainnet launched on the BNB Chain in the latter half of 2025, introducing its three-stage launch model and enabling public use. ^[1] A significant user interface update was announced on December 29, 2025, which integrated transparent tax and dividend information directly onto the trading pages for individual tokens. ^[3]​

Entering 2026, Flap introduced a core philosophical concept called "Tax as Funds" on January 4. This feature was designed to allow project creators to channel a portion of their token's transaction taxes into a dedicated fund for development and marketing. ^[3] On January 8, 2026, the platform launched the Beta Release of "Flap PreLaunch," a new token launch model, on the BNB Chain. ^[3]​

Technology and Mechanism

Flap's architecture is built around a bonding curve mechanism, which underpins its token launch and liquidity provisioning system. This technology allows for a simplified and automated process from token creation to public trading.

Bonding Curves

The central technology of the Flap platform is its implementation of bonding curves, a type of automated market maker (AMM) that determines a token's price based on its circulating supply. This model is critical to Flap's value proposition, as it eliminates the traditional requirement for token creators to provide significant upfront capital to create a liquidity pool on a decentralized exchange (DEX). ^[2]​

The process works as follows:

• Buying: When a user wants to purchase a newly launched token, they send a base asset (such as BNB) to the token's smart contract. The contract then mints a corresponding amount of the new token for the buyer. This purchase increases the amount of the base asset held in the contract's reserve and also increases the token's circulating supply. According to the predefined mathematical curve, this increase in supply results in a higher price for the next buyer.
• Selling: Conversely, when a holder sells the token back to the contract, the tokens are burned (removed from circulation). The contract releases a corresponding amount of the base asset from its reserves to the seller. This reduction in the token's supply causes its price to move down along the curve.

This system creates a self-contained and instantly liquid market for any token launched on Flap. The liquidity is intrinsic to the token's contract from the moment of its first purchase. ^[2]​

Token Launchpad

Flap offers a streamlined, no-code interface that allows a user to create and launch a new cryptocurrency token in under a minute. The process involves filling out a simple form with basic parameters such as the token's name, its ticker symbol, and an associated image or logo. This feature is designed to significantly lower the barrier to entry, making tokenization accessible to community leaders, artists, creators, and individuals without a background in software development or blockchain technology. ^{[1] [2]}​

Three-Stage Token Launch Process

Tokens created on Flap progress through a structured, three-stage lifecycle, which is publicly tracked on the platform's main dashboard. This system provides transparency and guides a token from its inception to being fully tradable on the open market. ^[1]​

1. Newly Created

This is the initial stage immediately following a token's creation. At this point, the token contract is live on the blockchain but has not yet entered its price discovery or liquidity generation phase. Tokens in this category are visible on the Flap dashboard, allowing the community to discover new projects early. They do not have a market cap or liquidity at this stage. ^[1]​

2. Graduating

The "Graduating" stage is the critical presale and liquidity bootstrapping phase. It appears to be where the bonding curve mechanism is first activated. A funding goal is set in a base currency (e.g., BNB), and the dashboard displays the progress toward this goal. Participants contribute the base asset to buy the new token, establishing its initial holder base and price. The price of the token typically increases as more capital is contributed, following the bonding curve model. A token must successfully meet its funding goal to move to the next stage. ^[1]​

3. Listed on DEX

Once a token meets the criteria of the "Graduating" stage, it "graduates" and is listed on a decentralized exchange. Flap automates the process of taking the capital raised in the previous stage and using it to create a formal liquidity pool on a DEX, such as PancakeSwap on the BNB Chain. This makes the token publicly tradable for anyone. The Flap dashboard updates the token's status and begins tracking its market capitalization. For instance, the dashboard has shown tokens like $GLDNY achieving significant market caps after being listed. ^[1]​

Platform Features

Flap incorporates several features designed to support creators and engage traders, from hybrid launch models to gamified competitions.

Flap PreLaunch

On January 8, 2026, Flap initiated the Beta Release of its "Flap PreLaunch" feature. This is described as a hybrid launch model that merges aspects of a classic presale with the platform's native bonding curve mechanism. After the presale period concludes, the funds raised are automatically used to create the token's liquidity pool directly on the Flap platform itself. ^[3] In its announcement, the project stated the feature would be "Redefining Token Launches."

Tax and Dividend Systems

The platform provides built-in infrastructure for token creators to implement transaction taxes and dividend distribution models.

• Tax as Funds: Introduced on January 4, 2026, this system allows project creators to allocate a percentage of their token's transaction tax to a dedicated project fund. This fund can then be used for operational costs such as development, marketing, or community rewards. The Flap team described the philosophy behind this feature: "Infrastructure should help creators survive to build something real, fun and useful...To fund somebody’s dream." ^[3]
• Automated Dividends: For tokens that incorporate a dividend or reflection model, the platform automates the distribution of collected tax revenue to token holders. The system reportedly triggers the distribution once the accumulated revenue in the contract reaches a specific threshold. This functionality was confirmed in a platform update on December 29, 2025. ^[3]

Gamification and Social Trading

Flap's platform includes features designed to increase user engagement and trading activity through competition.

• Duel Matches: A gamified feature that pits two newly launched tokens against one another in a head-to-head competition. The winner is typically determined by on-chain metrics, such as which token achieves a higher trading volume or greater price appreciation over a defined period (e.g., 24 hours). This system is intended to create a focal point for trading activity and community buzz. ^[2]
• UGA: An early tutorial video mentioned a concept or feature named "UGA." The specific purpose or meaning of this term is not clearly defined in publicly available materials and may refer to a deprecated or internal platform element. ^[2]

$FLAP Token

Flap has a native utility and governance token named Flap, with the ticker $FLAP. It is a key component of the platform's ecosystem. ^[2]​

• Ticker: FLAP
• Blockchain: BNB Chain
• Total Supply: 1,000,000,000 FLAP
• Market Data: As of early January 2026, the token had a market capitalization of approximately 0.05. It is primarily traded on BNB Chain-based decentralized exchanges like PancakeSwap.
• Utility: While specific documentation is not provided in the source materials, the utility of the $FLAP token is inferred to include governance rights for voting on platform proposals, fee reductions for launching tokens, revenue sharing from platform fees distributed to stakers, and access to premium or exclusive features. ^[1]