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What is M?

MemeCore is a Layer 1 blockchain designed specifically for "Meme 2.0." It transforms meme coins from just speculative tokens into lasting cultural and economic drivers by rewarding community participation and on-chain activity.

  1. Rewards cultural creation: Uses a unique Proof of Meme system to encourage making and sharing memes, along with technical contributions.
  2. EVM-compatible ecosystem: Offers easy-to-use tools like MemeX for launching tokens without coding and Meme Vault for ongoing rewards.
  3. Viral economy model: Combines social engagement and transaction activity to fairly distribute value.

Deep Dive

1. Purpose & Value Proposition

MemeCore tackles the short-lived nature of typical meme coins by building a “viral economy” where memes become lasting cultural assets. It rewards creators, sharers, and validators based on their real contributions to keeping memes alive and valuable. This shifts the focus from quick speculation to building sustainable community value. The core idea is that memes can generate real economic activity when rewarded transparently on the blockchain (MemeCore Docs).

2. Technology & Architecture

MemeCore is compatible with Ethereum’s technology (EVM), making it easier for developers to build on. It uses a hybrid Proof of Meme (PoM) consensus system that mixes delegated staking with measuring cultural contributions:

  • Validators earn $M tokens plus a share of all MRC-20 tokens (meme coins) created on the chain.
  • The Meme Vault is a smart contract tied to each new meme coin that sets aside 5% of that coin’s supply to reward users steadily over 1,000 days for keeping the community engaged.

3. Ecosystem Fundamentals

Key features include:

  • MemeX: A no-code platform that lets anyone create and grow meme coins, with fees recycled back into ecosystem rewards.
  • On-chain Contribution Protocol: Tracks social actions like sharing and remixing, as well as economic activity like transactions, to distribute $M tokens fairly.
  • Community governance where token holders vote on protocol updates and how the treasury funds are used.

Conclusion

MemeCore changes the way meme coins work by making them active cultural assets, rewarding virality directly through blockchain incentives. The challenge ahead is how to keep these rewards balanced—encouraging genuine creativity while preventing people from gaming the system.


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