Tonight, Matt is focusing on @BagsApp, and Pepe has skyrocketed from 300K to a peak of 20M. In terms of the launch mechanism, Bags is not much different from other launch platforms. It has only made some minor innovations. The token creator can set beneficiaries to share a certain percentage of transaction fees with them. If the beneficiary collects the transaction fee, it is equivalent to tacit approval of the asset. Actually, it’s somewhat similar to Gitfish back in May, when Gitfish launched a Linux token and allocated 1/3 of the tokens to the Linux founder. However, this behavior was not accepted by the market, and the Linux founder explicitly opposed it. But looking at the data for BAGS over the past few days, the market recognizes this platform; BAGS ranks third in trading volume over the last 7 days, and today’s Suchir token performed better on the BAGS platform than on OG. So, over the next few days, it’s worth keeping an eye on the BAGS platform, and see if Matt will claim the fees, as well as the tokens from other well-known creators, and pay attention to the P2 channel to see which creators have claimed the Fee.