> For the complete documentation index, see [llms.txt](https://elements-organization-2.gitbook.io/ift/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elements-organization-2.gitbook.io/ift/why-ift/comparison-with-other-platforms.md).

# Comparison with Other Platforms

|                                      | IFT                                                                                    | Pump.fun                                               | long.xyz                                                          | Polymarket                                                   |
| ------------------------------------ | -------------------------------------------------------------------------------------- | ------------------------------------------------------ | ----------------------------------------------------------------- | ------------------------------------------------------------ |
| Chain                                | Ethereum mainnet                                                                       | Solana                                                 | Base                                                              | Polygon                                                      |
| Who can launch a token               | Anyone                                                                                 | Anyone                                                 | Anyone but Team also features specific tokens.                    | Team managed                                                 |
| Uniqueness of token name and address | Yes                                                                                    | No                                                     | No                                                                | Each betting market is unique.                               |
| Pricing Discovery Mechanism          | Bonding Curve                                                                          | Bonding Curve                                          | Auction                                                           | Orderbook                                                    |
| Long-termism                         | Tokens are based on specific ideas and trends which can last over a long time horizon. | Most tokens are meme-based and tend to be short-lived. | Early tokens are based on specific startup ideas and/or creators. | Bets are to be resolved within a pre-specified time horizon. |