What Is Launchcoin (BELIEVE)? A Complete Explanation of Its Rebranding and Tokenomics

Bittime - Questions about What is Launchcoin (BELIEVE)appearing more frequently following a major rebranding in the Believe ecosystem.

Tokens previously known asLaunchcoinnow changed its name toBELIEVE, complete with new supply, new mechanisms, and a long debate about the validity of its latest tokenomics.

Along the way, Believe Coin has evolved from being just a SocialFi token to becoming an incentive hub on the platform that allows for token launches directly from Twitter interactions.

History and Transformation of Launchcoin into BELIEVE

Believe started with a simple idea: anyone could launch a new token through social interactions without requiring technical expertise. The platform is built on Solana, with a concept originally pioneered by PASTERNK and later evolved into Launchcoin.

In mid-2025, the development team announced a major rebranding. Launchcoin was renamed BELIEVE, with swaps facilitated 1:1 by several major exchanges. This announcement marked a shift in the platform's direction—from an experimental token to an asset claimed to be ready to support Believe's internal incentives.

However, the name change didn't go smoothly. The community questioned the reason for the supply increase and the team's consistent explanation. Despite this, the rebranding went ahead, making BELIEVE the official token of the ecosystem.

How the Believe Ecosystem Works and the Role of BELIEVE

The core of the Believe ecosystem is the process of launching tokens through interactions on the X platform. Users can reply to official @launchcoin posts with a specific format, and if the public response is sufficient, the system will automatically create new tokens on the Solana network.

Each new token starts on a bonding curve and then transitions to a liquidity pool upon reaching a certain threshold. The platform's fee structure is structured so that a portion goes to the token creator, a portion to early adopters (scouts), and a portion to ecosystem revenue. BELIEVE serves as the primary driver of this incentive model.

With this role, BELIEVE is more than just a traded token. It occupies a strategic position as an economic foundation for the increasingly popular social token launch activity.

BELIEVE Tokenomics and Supply Controversy

When using the Launchcoin name, the total supply was designed to be one billion tokens. After the rebranding and migration, the supply increased to approximately 1.33 billion. This discrepancy has become a point of contention among investors, as the increased supply is perceived as potentially reducing the value of legacy tokens.

The market response was clear: there was significant selling pressure before and after the swap announcement. Some investors viewed this move as dilution, while others viewed the increased supply as a long-term economic adjustment to support platform stability.

Controversy also arose over the clarity of the swap deadline, the risk of late conversions for existing token holders, and allegations of additional distributions without adequate communication. Mathematical discrepancies between the team's official figures and community findings added to the growing list of complaints.

Impact of Rebranding on Community and Market

Following the transition to BELIEVE, the price chart exhibited extreme volatility. Community reaction was divided. Some viewed the rebranding as a necessary step to strengthen the ecosystem, especially as the SocialFi concept continues to grow in popularity.

However, some have accused the rebranding process of lacking transparency, particularly regarding the allocation of supply and distribution of tokens.

Despite this, BELIEVE remains actively traded on various exchanges. This fact demonstrates that interest in the Believe token and ecosystem has not waned, despite lingering reputational challenges.

Ultimately, BELIEVE's success depends heavily on the team's consistency in proving that tokenomics changes are truly beneficial to the platform's growth.

Conclusion

Launchcoin, now rebranded as BELIEVE, is the token at the heart of the Believe platform's social token launch ecosystem. Its tweet-to-launch mechanism, bonding curve, and ecosystem incentive model shape BELIEVE's new identity.

However, the increased supply during the migration has caused the project to face significant community criticism. Nevertheless, BELIEVE still has room to grow if the team can maintain public trust and demonstrate a more transparent development path.

Investors and users need to consider the technical aspects and risks before engaging further in this ecosystem.

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FAQ

What is Launchcoin or BELIEVE?

BELIEVE is a new token resulting from the rebranding of Launchcoin, used as the main asset in the Believe ecosystem.

Why did Launchcoin change to BELIEVE?

Changes were made to update the economic model and expand ecosystem features, including incentives for creators and early adopters.

How does the Launchcoin to BELIEVE swap process work?

Several exchanges offered 1:1 swaps for a limited period following the rebranding announcement. The old LAUNCHCOIN tokens were no longer usable after the swap period expired.

Is the supply of BELIEVE increasing?

Yes. The supply increased from about one billion to over 1.3 billion after the migration, and this has become a contentious issue.

What are the main risks of the BELIEVE token?

The risks include supply dilution, uncertainty over distribution mechanisms, and price volatility due to the rebranding controversy.