What is Memecoin?

Memecoin (MEM) is the official token for Meme.com, a platform that strives to provide a platform for memes through Memetic Asset mTokens. These mTokens are digital assets in the form of ERC-20 smart contracts that represent a specific meme. Memecoin can be swapped for any mToken on the platform's Meme Markets. Additionally, Memecoin is used in the creation of MarbleCards, a unique NFT layer extension launched in 2019. These MarbleCards feature images from URL links across the internet, and once a URL is used, it cannot be used again. Memecoin has a fixed maximum supply of 100,000,000 MEM.

How does Memecoin work?

Memecoin operates as the primary currency on the Meme.com platform. Users can use Memecoin to create, swap, and trade mTokens, which represent specific memes. These mTokens are traded on the platform's Meme Markets. Memecoin also plays a crucial role in the creation of MarbleCards, a unique NFT layer on the platform. Users can use Memecoin to create a MarbleCard featuring an image from a URL link. Once a MarbleCard is owned, it can be curated by the user in various ways and used in an online Arena to potentially receive compensation based on its performance.

What are the potential use cases for Memecoin?

Memecoin has a variety of potential applications, particularly for those interested in memes, NFTs, and DeFi. Users can use Memecoin to build their collection and sponsor their favorite memes. They can also participate in grand meme expeditions, explore trends, and build meme expertise. Additionally, Memecoin can be used to create digital cards that can potentially receive compensation in the MarbleCards Arena game. The platform seeks to provide a space where anyone can get exposure to things they believe in, creating an open market for and around content.

What is the history of Memecoin?

Memecoin was co-founded by Mattias Tyberg and Johan Unger, who are part of a team of twelve individuals, including five developers, decentralized across the world. Tyberg is a serial entrepreneur with vast experience across the blockchain space, while Unger is a software professional with expertise in various programming languages. In mid-2018, they funded and built the MarbleCards project while bootstrapping the funding themselves. In the Spring of 2021, they secured funding from various investors. With a couple of years to plan the direction of Meme and funding in place, the Meme.com platform, and by extension Memecoin, has now expanded and launched.