About Memecoin (MEME)
Memecoin (MEME) is the native token of Memeland, a Web3 venture created by the popular meme platform 9GAG, known for its deep ties to internet culture and meme-driven communities. The token’s name, MEME, is a direct nod to the humor, virality, and creativity that memes bring to the digital landscape, capturing the essence of the internet’s shared culture.
Memeland, born out of 9GAG’s global community of creators and meme lovers, focuses on blending SocialFi (social finance) with the creator economy. By leveraging NFTs, tokens, and products, Memeland creates a platform where creators and communities can engage in new and exciting ways. Since its inception in 2008, 9GAG has grown into a globally recognized platform, reaching over 200 million monthly users across social media. The platform’s mission has always been simple but impactful: to bring more joy to the world, and it has since become one of the top 500 websites worldwide, attracting significant investment from reputable backers like Y Combinator.
Memecoin’s Purpose:
As a meme coin, MEME is not designed to offer utility or financial promises. Rather, it exists purely for the love of memes. It’s a playful representation of the meme culture and serves as an expression of the vibrant energy found on social media platforms. There are no expectations of financial returns; Memecoin is a fun, community-driven token that plays a role in the broader Memeland ecosystem.
Successful Ventures:
Memeland’s growth is closely tied to several successful NFT collections that have launched since June 2022, including You The Real MVP, The Captainz, and The Potatoz. These ventures have successfully expanded the reach of Memeland’s platform, growing the community and connecting creators with their audience.
Behind Memeland:
The team behind Memeland and 9GAG is comprised of experienced professionals who have been building community-based products for over 15 years. Over that time, they’ve collaborated with hundreds of brands and creators, reaching millions of fans around the world. The success of Memeland can largely be attributed to the seamless interplay between the platform and its community.
Tokenomics:
The total supply of MEME stands at 69,000,000,000 tokens, with approximately 8.8 billion (12.75% of the total supply) currently circulating in the market. The token has successfully raised $15.8 million USD through two presale rounds, where 12% and 11% of the supply were sold to private investors and the Memeland community at a price of 0.001 USD per MEME.
Future Developments:
Memeland is continuously evolving, with several exciting features and projects in its pipeline. These include:
- GMGM.com: A platform dedicated to SocialFi, Proof of Fandom, and the Creator Economy.
- Stakeland.com: A fun, engaging way to participate in liquid staking of ETH.
- Holders.com: A Web3 travel guide akin to Tripadvisor, designed to make the Web3 experience more user-friendly and accessible to all.
Memecoin and the broader Memeland ecosystem are set to continue building on their success, forging new pathways for creators and communities to connect in the ever-expanding world of Web3.
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