In a riveting replace for the NFT market, Meme.com, a platform pairing memes with tokens, is all set to launch its Beta model.
As a spot for folks to earn from the creation and curation of memes, the Meme.com staff has been exploring the potential of NFTs for together with Marble Playing cards.
It’s a method to develop and commerce distinctive digital playing cards primarily based on URLs. This time they’ve gone additional by implementing the imaginative and prescient of tokenized memes.
How Does it Work?
Meme.com would function a platform for folks to create, purchase, and promote Meme tokens.
Memecoin ($MEM) will facilitate the method of creation and buy. Making a Meme token utilizing a hashtag is straightforward.
Anybody can create it so long as the token stays distinctive and has not been developed already.
For the approaching Beta launch, there’ll solely be seven Meme tokens. Named Genesis, these tokens can have their launch over a few weeks in batches.
The neighborhood has already voted for these tokens, they usually embody the next:
That is High quality, Distracted Boyfriend, Wojak, Pepe, Disguise the Ache Harold, KEK, and Doge. As you perceive from their names, these are all widespread memes within the cyberworld.
Holding or curating a Meme Token reveals your belief within the potential of the meme.
The worth derived from these Meme tokens, in the long term, will assist assist the method of greatest content material curation by the neighborhood.
However, future worth and a thriving meme neighborhood shouldn’t be the one incentive. In case you maintain meme tokens, you qualify for various kinds of quests.
Whereas the target of a quest is to create worth and encourage engagement round a meme, you’ll be able to uncover uncommon Meme.com NFTs while you full a quest efficiently.
With every quest accomplished, the problem degree of the upcoming quests will enhance.
The primary quest on this Beta launch will solely be thought of accomplished when the Meme token attains sufficient quantity of $MEM locked, mixed with the variety of holders.
Completion of this quest will result in the unlocking of some engaging meme artwork by high NFT creators.
What’s to Come?
Meme.com will even be a spot to find and share information about memes.
The kind of tales that you might share would possibly embody info on the origin of those memes, their recognition, and different speculative tales.
You may also share info in your information of NFT actions.
The Traders’ Curiosity
As a platform, folks have in contrast Meme.com as a spot the place Wikipedia meets Dogecoin.
The potential of the platform has raised curiosity among the many buyers as nicely. On the finish of Might 2021, the platform raised funding of US$5 million.
The listing of buyers included Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, Spark Digital Capital, and extra.
Angel buyers Gabby Dizon, CEO of Altitude Video games, and Polygon co-founder Sandeep Nailwal additionally backed the mission with further funding.