docs / launch protocol v1

How Collapse works

Everything you need to launch a coin on Collapse, observe one, and explain it to others. Collapse is a launchpad on Solana where one coin can be launched as two or three versions at once, and the market decides which one becomes real.

#Overview

Launching a coin today is a single guess: one name, one ticker, one image, and hope it lands. If the idea doesn't catch on, it's over.

On Collapse you launch several versions of your coin at the same time, each with a different name, ticker and image. They all exist in superposition. Traders observe them by buying the versions they believe in. When the timer runs out, the most observed version becomes the real coin, and the other versions collapse into it, so their liquidity isn't lost.

#Core concepts

The idea comes from quantum mechanics. A particle exists in every possible state at once until it is observed; then its wavefunction collapses and only one state becomes real. Schrödinger described it with a cat in a sealed box, alive and dead until someone opens it. On Collapse, every coin is the cat, and the market opens the box.

Vocabulary

These words mean one thing each, everywhere on Collapse.

#Lifecycle of a launch

Every launch goes through the same four steps, in order. Nothing about the steps changes between launches.

1 · Preparing the states

The creator sets up two or three versions of one coin on the Launch page. Each state has its own name, ticker, image and a short description. The X link, Telegram link and website are shared by every state, because they describe the launch, not one version of it.

Make the states genuinely different ideas. Three near-identical states split attention without telling you anything.

2 · Superposition

When the creator enters superposition, all states go live on Solana together. From that moment a single 30-minute timer runs for the whole launch, and the states are fixed: no state is added, removed or renamed while it is live.

3 · Observation

Observers buy the states they believe in. Every buy is an observation. The Chamber shows each state's observers and its share of all observations in the launch, updating as buys come in.

4 · Collapse

When the timer reaches zero, the state with the most observers becomes the real coin. The other states collapse, and their liquidity merges into the winner, so nothing that was put into the launch is wasted. The collapse is a live moment: everyone watching the Chamber sees it happen at the same time.

#Rules and limits

The Launch form checks these before a launch can enter superposition.

#For creators

Collapse lets you test several ideas at once instead of betting everything on one. The real coin is chosen by observers, not by you, so your job is to bring ideas worth choosing between and to bring people to watch.

Launch checklist

1. Pick two or three distinct ideas for the same coin.
2. Give each state a clear name, a ticker of 2 to 10 characters, and an image that reads well small.
3. Write one line per state saying what makes it different.
4. Add your X and Telegram links so observers can follow the launch.
5. Announce the start time before you enter superposition, so people are there for the whole 30 minutes.
6. Enter superposition, then share the Chamber link.
7. Be there for the collapse. It's the moment people come to watch.

Announcing your launch

A post that works on X and Telegram. Fill in the brackets and keep the vocabulary.

We're launching [COIN] on Collapse.

[2 or 3] states. One becomes real.
$[TICKER 1] · [Name 1]
$[TICKER 2] · [Name 2]
$[TICKER 3] · [Name 3]

Superposition opens [DATE] at [TIME UTC] and lasts 30 minutes.
Observe the state you believe in. When the timer ends, the most observed state becomes the real coin and the others collapse into it.

Watch it live in the Observation Chamber: [LINK]

[COIN] has collapsed.

$[WINNING TICKER] is real.
[N] observers chose it. The other states collapsed into it, and their liquidity merged into $[WINNING TICKER].

Thank you for observing.

#For observers

You decide which version becomes real. During superposition, open a launch in the Chamber, compare its states, and buy the one you believe in. Each buy is an observation and moves that state's share. Watch the timer: when it ends, the state with the most observers becomes the real coin.

#The Observation Chamber

The Chamber lists every launch in superposition, soonest collapse first, and every recently collapsed launch. Each launch shows its states side by side with their image, name, ticker, number of observers and share of observations, plus a countdown such as Collapses in 14:32. A collapsed launch shows the winner highlighted and the other states greyed out with a Collapsed label.

#Wallets and network

Collapse runs on Solana. You need a Solana wallet to launch or observe. Connect it with Connect Wallet in the top bar.

#Risks

• Coins launched on Collapse are highly speculative. Their value can go to zero.
• Only one state of each launch becomes the real coin.
• Prices can move quickly during superposition and around the collapse.
• Anyone can launch. A launch on Collapse is not an endorsement by Collapse.
• Nothing here promises a return. Check the rules where you live before you trade.

#FAQ

How many states can one launch have?

Two or three.

How long does superposition last?

30 minutes, for every launch. All states share one timer.

Who decides which state becomes real?

Observers. The state with the most observers when the timer ends becomes the real coin. The creator doesn't choose.

What happens to the liquidity of the losing states?

It merges into the winning state, so it isn't lost.

Can I edit a state once it's live?

No. States are fixed for the whole superposition window, so every observer sees the same choice.

Where do I watch a collapse?

In the Observation Chamber. Every launch's countdown is visible there, and the collapse happens live for everyone at the same moment.

#Brand and links

#Open parameters

These rules are still to be set. Each TBD above points here.