Crypto Quill

Memecoin (MEME), the native token of Memeland, a Web3 venture studio by 9GAG, has been launched on Binance Launchpool, a platform where users can stake their tokens and earn new ones. Memecoin is a meme coin that has no utility, no roadmap, no promises, and no expectation of financial return. It is just 100% memes.

What is Memeland?

Memeland is the independent Web3 venture studio by 9GAG, the globally popular meme platform with a 200 million monthly audience across social media. 9GAG was founded in 2008 with the mission to make the world happier. 9GAG is a global top 500 website, backed by Y Combinator and others. The team has been building community-based products for 15+ years, working with hundreds of brands, thousands of creators, and millions of fans.

Memeland’s focus is SocialFi and creator economy, it aims at connecting creators and communities together through NFT, token, and products. Memeland has launched 3 NFT collections, including You The Real MVP, The Captainz, and The Potatoz since June 2022. Memeland’s slogan is One MEME to rule them all.

How to get Memecoin?

Memecoin (MEME) has raised 15.80MM USD from two rounds of presales, where 12.00% and 11.00% of the token supply have both been sold at 0.001 USD / MEME to private investors and the Memeland community respectively. As of October 27th, 2023, the total supply of MEME is 69,000,000,000 and the circulating supply upon listing will be roughly 8,797,500,000 (~12.75% of the total token supply).

Users can now stake their BNB, TUSD and FDUSD into separate pools on Binance Launchpool to farm MEME tokens over 30 days, with farming starting from 2023-10-28 00:00 (UTC). Binance will then list MEME at 2023-11-03 08:00 (UTC) and open trading with MEME/USDT and MEME/BNB trading pairs. The Seed Tag will be applied to MEME.

What are the benefits of Memecoin?

Memecoin is a meme coin that has no utility, no roadmap, no promises, and no expectation of financial return. It is just 100% memes. However, there are some benefits of holding MEME tokens, such as:

• Access to exclusive NFT drops from Memeland and its partners, such as 9GAG, The Captainz, The Potatoz, and more.
• Participation in meme contests and community events, where users can create and vote for the best memes and win prizes.
• Supporting the meme culture and the creator economy, by helping Memeland to build more products and platforms for meme lovers and creators.

What are the challenges of Memecoin?

Memecoin is a meme coin that has no utility, no roadmap, no promises, and no expectation of financial return. It is just 100% memes. However, there are some challenges of holding MEME tokens, such as:

• High volatility and risk of the token price, as it is driven by market sentiment and meme trends, which can change rapidly and unpredictably.
• Lack of regulation and protection of the token and the NFTs, as they are not backed by any legal entity or authority, and may face legal issues or bans in some jurisdictions.
• Competition from other meme coins and NFT projects, such as Dogecoin, Shiba Inu, CryptoPunks, and more, which may have more popularity, liquidity, and innovation.