Alliance DAO: Automated market makers are competing to become the de facto infrastructure for token issuance platforms

On April 27, Alliance DAO co-founder Imran Khan posted on the X platform: "A significant but often overlooked competition is unfolding in the field of automated market makers (AMMs) - the race to become the de facto infrastructure of token launchpads. This includes providing differentiated bonding curves, anti-sniping mechanisms, and granular fee generation frameworks.
If AMM can capture this market, it will build a considerable moat and generate considerable fee revenue. However, it remains to be seen whether the de facto infrastructure that becomes a token issuance platform will bring lasting long-term advantages. AMM will likely design mechanisms to bind these issuance platforms for as long as possible. "