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What is M?

MemeCore ($M) is a Layer 1 blockchain built to transform meme coins into lasting cultural and economic assets by using community-driven rewards and on-chain governance.

  1. Designed for Meme 2.0 – Moves meme coins beyond just speculation to become engines of cultural value.
  2. Proof of Meme (PoM) consensus – Rewards users for creating memes, spreading them, and participating in the network.
  3. EVM-compatible platform – Supports decentralized apps (dApps) and easy creation of new tokens.

Deep Dive

1. Purpose & Value

MemeCore changes how we think about meme coins. Instead of relying on hype and quick gains, it treats meme coins as tools for community building and cultural expression. The system tracks and rewards activities like making memes, remixing them, and engaging with others. Users earn $M tokens and MRC-20 meme coins as rewards (MemeCore Docs). This approach aims to create lasting value by encouraging creativity and active participation on the blockchain.

2. Technology & How It Works

MemeCore is compatible with the Ethereum Virtual Machine (EVM), meaning developers can use familiar Ethereum tools to build on it. Its unique Proof of Meme (PoM) consensus combines delegated proof-of-stake with cultural impact:

  • Validators secure the network by staking 7 million $M tokens.
  • Delegators who support validators earn rewards in $M or approved meme tokens.
  • 75% of block rewards go to $M stakers, and 24% go to delegators of meme tokens (The Block).

3. Ecosystem & Practical Uses

MemeCore offers:

  • MemeX: A user-friendly, no-code platform to launch new meme tokens.
  • Meme Vaults: Smart contracts that set aside 5% of new token supplies to reward contributors.
  • Partnerships with Alchemy Pay for easy fiat currency integration and Neo Blockchain for cross-chain compatibility.

Conclusion

MemeCore aims to be a cultural infrastructure that connects internet meme culture with blockchain technology through its PoM consensus and EVM compatibility. Its future depends on how well the community adopts it, raising an important question: Can meme culture support a blockchain economy beyond just hype and speculation?


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