Main points
MEME – token from the Memeland project created by 9GAG.
Three main ways to get it:
- Airdrop (for boyars - since it requires investment)
- Allocation to sales via purchasing NFTs (for boyars)
- Farming points through social tasks (for workers and farmers)
Risks: after the airdrop, the flora of purchased NFTs may drop, but the team has foreseen protection mechanism. If the NFT is sold, 80% of the locked airdrop will go to the new owner. But taking into account the allocation for the sale and the 20% airdrop, there is a high chance that you can still lose.
Memeland Project (MEME)
- Memecoin is a token from the Memeland project founded by 9GAG.
- Today, 9GAG is one of the TOP 500 sites in the world, attracting 200 million users every month.
- In June 2022, Memeland, an independent venture studio WEB-3, appeared.
- Project philosophy: NFTs are intended to form a community, tokens are intended to decentralize value, products are intended to attract an audience.
- In 2023, Memeland became the largest NFT brand in Asia and is among the TOP 10 global NFT projects by capitalization.
- Now the project releases its own meme coin - MEME, and relieves itself of responsibility as much as possible: “MEME is literally a meme coin. Without any benefit. No road map. No promises. No expectations of return on investment.”
- Although the project writes that the token has no utility, judging by their interpretation of the philosophy (tokens are for decentralizing value), they will probably attach a couple of functions to it in the future - they will your Layer2 or something similar.
- At the moment there are no specifics, but one thing is clear - MEME will be the main ecosystem coin in Memeland.
< h2>Token, tokenomics and comparison with competitors
According to the announcement on October 16 on Twitter, in the next 2-3 weeks (currently 2 weeks left), farming of points will be launched (already working), will be carried out presale (Fire Sale) and MEME token will be listed on DEX and CEX.
MEME Tokenomics
MEME launches with FDV of $69 million
Total supply – 69 billion tokens.
Sale price – $0.001 per token.
We are interested in two numbers:
- 10-12% of tokens are allocated for the sale. 25% of the allocation will be unlocked at TGE. Next, linear unlocking for 18 months. One allocation will be 0.2-0.4 ETH.
- 25% of the total supply of tokens is allocated for the airdrop. 20% of the airdrop will be unlocked on TGE. And the rest of the tokens will have a non-linear unlocking and will be locked into NFTs. Apparently, this is protection from sales and price reduction of the NFT itself.
Competitors
The project’s closest competitors – this is ApeCoin (large ecosystem project with FDV $1.15 billion) and Pepe (memcoin with FDV $328 million).
It turns out that the upside of the MEME token is from 4.75 to 16 x.
Gradation of NFTs and bonuses for them
Memeland has several top collections - MVP (flor 34.99 ETH) , The Captainz (flor 4.14 ETH) and The Potatoz (flor 1.56 ETH).
Each collection has its own function:
- The Captainz (9,999 NFT) collects cards through staking.
- The Potatoz (9,999 NFT) also collects resources through staking and improves The Captainz's collection, increasing the chance of getting the best cards.
- MVP (420 NFT) can strengthen The Potatoz and The Captainz, having a unique role in the ecosystem Memeland.
Maps and resources in Memeland will be converted into Memecoin.
You can see what maps and resources are available for a specific NFT here:
All of them are tied to NFTs and are transferred to the new owner when sold.
Example of farmed cards from one potato and one captain
An example of farmed resources from one potato and one captain
Only the owners of The Captainz and MVP have guaranteed allocation for the sale. . The owners of The Potatoz have only a chance of allocation.
In the table above you can see the allocation multipliers for a specific NFT. The easiest option is to buy one captain for just over 4 ETH, thereby getting a guaranteed drop and a place on the sale. It is likely that from the first unlock of the drop and part of the tokens from the sale, you will be able to recoup the NFT. Of course, there is always a chance that MEME NFTs will drop in price after listing, but there are two “cons” to this assumption:
- Memeland is a large project, it is likely that NFTs from them will also be listed , like Ape or Punky.
- By selling NFTs, you give away locked tokens for a drop, which, in theory, should save a little from rolling away.
Farming points
In addition to purchasing NFTs both to participate in the airdrop and for allocation, you can farm MEME points, which can probably then be converted into tokens.
This story is suitable for owners of Twitter farms.
Procedure:
- Go to the website https://www.memecoin.org/farming Connect Twitter. This one action will give you 690 points.
- Complete tasks, among which you need to post, add “❤️ Memecoin” to your profile name, etc.
- Tasks are updated, keep an eye on the appearance of new ones.
- Run through all your accounts.
Please note that your Twitter account must have at least 3 subscribers and 1 tweet.
At the time of writing, you can earn more than 11 thousand points without referrals:
Useful links
Memeland official website – https://www.memeland.com/< !--/noindex-->
Memecoin official website – https://www.memecoin.org/< !--/noindex-->
Farming points – https://www.memecoin.org/farming
The Captainz Collection on OpenSea – https://pro.opensea.io/collection/ thecaptainz
YOU THE REAL MVP Collection on OpenSea – https://opensea.io/collection/youtherealmvp/< /a>
The Potatoz Collection on OpenSea – https://opensea.io/collection/thepotatoz/< /a>
