meme.com Pave the Way for MEME

499Block：We've our guest here @johanun from the meme.com team. Let's welcome him.

Johan：thank you!

499Block：Let's get started with our AMA session. Our whole community is waiting for it. Let's jump to our questions. The group has now been muted. Let's start now!

Question 1 : What is meme.com and how did this concept become reality?

Johan：Meme.com can be described as if Wikipedia and Dogecoin had a baby. A place where people explore different memes and trends on the internet. It enables users to mint memetic tokens that are based on the perceived value of the trend or meme they represent. Content around each meme is crowdsourced by the community, and the best memes each month receive rewards that include $MEM and special NFT art.

It is a way to measure the value of internet content, and as a result help fund the creators of the best content.

We have been in the NFT space since 2018, constantly iterating on different models, so experimentation lead us here :)

499Block：Haha! like that way of explanation. Have been following you guys and you are doing a great job. 

Question 2: Why do you think memes are so important for the cryptocurrency industry?

Johan：Memes are a very powerful way to communicate ideas, since people can quickly relate to what they see. Projects that do well often manage to tell a positive story using memes that are simple and easy to understand. As crypto is a lot about making people believe in what you do, memes are a great way to do that!

499Block：The engagement rate with memes have always been high comparitively. I agree to your point there. Thank you for answering. We'll go to our next question. 

Question 3: Could you give us a structural analysis of meme.com, how does it work?

Johan：You have two main aspects;

The Meme Market: is where people trade ownership of different meme tokens. For example mPEPE, mDOGE and mHAROLD are some of the more popular ones, which are bought and sold based on the perceived value of those memes. Meme tokens are bought with $MEM by locking them in the market contract.

The Meme Clubs: Sponsor your favorite memes to support them. This is done by staking mTokens for rewards such as exclusive NFT art and coins such as $MEM. 

Users that create or spread content around a specific meme get rewards from the Meme Expedition they contributed to. Each meme will have its own page with information and history around the meme. You also have Marble. Cards, but I think that is too much info for now :)

499Block：Brilliant! Great utility for $MEM. Thank you. Let's move to the next question. Question 4: What are the unique features of the project?

Johan：We are the first project that builds a platform to measures the value of memes, using different crypto incentives and tokens that help fund meme creators.

499Block：Pioneers!Question 5: How can users benefit from holding the $MEM token? Tell us a little bit more about the token.

Johan：$MEM is the native token for MEME.COM and all its products. It encompasses the following functions: 

- Buying mTokens in the meme markets 

- Creating and upgrading Marble cards 

- Payment for platform fees like content submissions 

- Stake to earn platform rewards

- Governance

All info about it here: https://blog.meme.com/2021/06/03/the-story-of-mem/

499Block：Nice, thanks for sharing the blog. Will check it out.

Question 5:How would you describe the safety of meme.com, its security and compliance measures?

Johan：We are working closely with our legal council to make sure we are compliant with all the laws in our jurisdiction.

All our contracts are also audited.

499Block：That's great to know. Thank you. 

Question 6: What has the market response been like so far for meme.com?

Johan：We are in contact with a lot of meme creators and crypto artists, who are very excited about what we are building. In terms of meme coins in general, the trend has really picked up steam recently. 

More and more people are talking about meme coins and meme investing, here is a recent example from a16z.

https://avc.com/2021/06/meme-investing/

499Block：That's great to hear. Learning more about people and big names interested makes it huge market.

Question 7: At what stage of development are you right now and what are the future next steps?

Johan：We are one of the first NFT projects on Ethereum with Marble.Cards. So far people have created close to 120k NFTs on our platform. We recently raised over $5M which means we have been able to scale up the team, and have a roadmap spanning many years into the future. 

The next major release will be the Meme Markets, which is set to launch in July.

499Block：Great going. Will look forward to meme markets. 

Question 8: There are many disputes about some MEME coins wheter they are outside or inside the circle. What do you think of the situation?

Johan：I think that its a weird concept; having “assets” where the value only comes from the story, i.e memetic value. That said, as a result of this they are often a lot more fun! Spreading memes is fun, and a lot of people can relate to that a lot more than say a stock or a complex cryptocurrency. 

Thats why I think a lot of people will be compelled by meme coins, its a way to speculate on trends, and hopefully have fun while doing it. That is what we are building with Meme.com. Its like a combination of investing and entertainment.

499Block：Totally agree to this. Not every meme coin is fun. The value is also important.

Question 9: What is the value of Meme coin? Will the platform have review measures for Meme projects that appear on the platform?

Johan：We are very focused on contributing to the meme economy in a big way. We want this to be a way for meme creators to get some extra funding, and to connect with others. 

We also believe adding a financial element to memes will mean more people learn and get interested in them, because of the skin in the game aspect. And using all this data, we will be able to see which memes people actually care the most about.

499Block：Cool thing. What’s the best way for the community to stay up to date with news and announcements?

Johan：I recommend following us on @MemeExplorers. and if you are interested in digging deeper, join our discord bit.ly/2N5Uv3a. 

499Block：Thanks for sharing all the information @johanun. It was a terrific session. Do you have anything to say to our audience?

Johan：We have a very friendly and inclusive community, so if you are interested in memes I highly recommend joining our discord :)thank you for having me! :)

499Block：Thanks again for your time.

499Block aggregates top blockchain resources to provide integrated marketing services for the industry. The 499Block community is the world’s largest blockchain community, covering the coin circle, chain circle, and mining circle. It has created a number of hot AMA communities, DeFi featuring AMAs, and live video program. At present, 500+ industry leaders have been invited to complete 560+ AMAs at home and abroad, 185+ live broadcasts, and the number of AMAs ranked at the first in the industry. 36 global Meetups and 10 international conferences have been held.

499Block focuses on the DeFi community. There are more than 120,000 miners, investors and developers interested in DeFi. It has established 260+ DeFi WeChat communities, Korean kakao communities and telegram groups, covering users of Binance Smart Chain, Huobi HECO, OKExChain, TRON and Ethereum. It has carried out promotion and in-depth cooperation for 327 DeFi projects, and jointly explored the Chinese, South Korean, European and American markets, thereby enhancing the project's influence and popularity.

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