Field notes

What sinks other launches

The ways NFT and token launches go under out there, and the exact mechanism that keeps each one from happening on Hoodsea.

RUG PULL2026-06-12

The pulled pool

From Squid Game Token in 2021 to countless memecoins since, the move never changes: the team holds the liquidity, waits for the buys to stack up, then yanks the pool and leaves holders with a token that will not sell.

How Hoodsea holds

On Hoodsea the Uniswap V3 (1%) and V4 pools are opened by the contract the moment a collection mints out, and the liquidity is locked with no exit. The contract that owns it has no function to remove it, so no creator and no platform can ever pull the current. Read it on-chain.

DUMP2026-06-12

The insider bag

Plenty of launches quietly reserve 20 to 50% of supply for the team with no lockup. Evolved Apes in 2021 and others like it watched insiders unload everything within days and kill the chart on the way out.

How Hoodsea holds

A Hoodsea token has a fixed split: 50% into the locked pool, 50% into the vault on a hard-coded schedule (days 1, 7, 14, 28, 56). Each epoch burns 9% of supply and routes 1% to 100 randomly drawn holders. There is no discretionary bag for anyone to dump.

SNIPING2026-06-12

The rares, gone before you

When rarity is set per mint, or the metadata is uploaded before reveal, bots read the chain or the IPFS folder and grab exactly the rare token IDs. Everyone else is left holding commons.

How Hoodsea holds

Hoodsea sets no rarity while minting. The full 46/30/15/5/1/3 spread shuffles in a single transaction at sellout, seeded by block data that does not exist until that moment. There is nothing to snipe. Every mint has the same odds.

EXPLOIT2026-06-12

The gate that never held

Sloppy presales get walked around: calling the contract directly, replaying a signature, or flooding the public phase with bot wallets that drain the supply in seconds.

How Hoodsea holds

Phases on Hoodsea are enforced on-chain with a merkle proof per wallet (TEAM, GTD, FCFS, PUBLIC), time windows and per-wallet caps. A wallet that is not on the list cannot mint that phase, no matter how it calls the contract. We ran 50 wallets at every phase to be sure.

SCAM2026-06-12

The approval that emptied the wallet

The classic NFT drain: a user signs a marketplace approval (setApprovalForAll) on a fake or compromised site, and the attacker walks every NFT out of the wallet.

How Hoodsea holds

The Hoodsea marketplace lives inside the NFT contract itself. Listing, buying and offers all happen in the collection, with no external operator to approve, so the drain-by-approval has nothing to hook into.

RUG PULL2026-06-12

The mint that walked mid-sale

Frosties in 2022 and many smaller mints ended the same way: the deployer wallet drained the mint proceeds mid-sale and vanished. The quiet soft rug.

How Hoodsea holds

Mint ETH on Hoodsea lands in the collection's bonding pool, not the creator's wallet. At sellout the contract seeds the locked liquidity itself. Pre-bonding exits carry a 50% penalty, so a half-finished mint can't be quietly walked.