The Meme.com platform will go live after raising more than $ 6 million in funding. The platform, with its CoinMarketCap features, will combine the cultural power of memes with the crypto economy to allow users to buy and sell Meme Tokens.
Meme.com describes itself as “if Wikipedia and Dogecoin had a baby. A place where people explore different memes and trends on the internet. It's a way for people who create content and memes on platforms like Twitter, Reddit, Facebook, to explore the meme economy, allowing them to monetize their creations. "
Creators and buyers will first need to own the native meme.com token, Memecoin ($ MEM), after which they can create, buy or sell tokens whose value is determined by internet trends.
-Cofounder Mattias Tyrberg or ‘Sir Stonks’ at Meme.com noted;
We want to create a place where people who like a specific meme can come together and help each other develop and help spread that meme even more. Around each meme token, there is a club where people help each other to empower the meme.
To ensure that the platform works as intended, seven Meme Tokens, aptly named “Genesis Tokens,” will be phased out over a couple of weeks. The Genesis tokens are "This is fine", "Distracted boyfriend", "Wojak", "Pepe", "Hide the Pain Harold", "KEK" and "Doge".
The platform will also have a meme club feature to support Genesis tokens and allow users to help each other to improve each meme. Speaking to the developer, Johan Unger, ‘Ancient Alien’ on meme.com stated;
Our goal is to build communities around each meme and we want to empower all parts, from meme creation to remixing and broadcasting. The most successful memes are the ones with a powerful community behind them.
In an attempt to improve user acquisition and meme engagement, the platform will also feature missions that will allow the Meme.com community to compete for incentives. Upon successful completion of missions, users will receive a rare NFT from Meme.com.
Once the beta testing is complete, Meme.com will add more features to the platform to help creators and followers monetize while having fun.
In May, it was reported that Meme.com had successfully completed a funding round with the help of venture capital funds Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, Spark Digital Capital, among others. The angel investors were Gabby Dizon, CEO of Altitude Games and Sandeep Nailwal, co-founder of Polygon.
With the rise in widespread adoption of meme coins and ONFs, Meme.com aims to connect the two worlds in a way that can be profitable for creators. "We believe that memes and meme marketplaces, such as Meme.com, are a promising and innovative way to empower users who find or create trends," said Joanna Liang, chief investment officer at Digital Finance Group.