NFT

Memeland Will Fight With Other Meme Coins When Revealing MEME Tokens

Key Points:

  • Memeland, an NFT project under 9GAG, announced that they are building a MEME token.
  • According to reports, MEME is a token that promotes artists and will be utilized in many SocialFi products developed by Memeland.
  • The NFT project has previously indicated that the token would be released in 2023.
Since Dogecoin created the hype with Elon Musk just changing Twitter’s logo to the Dogecoin symbol, many meme projects have started to restart their tracks, including Memeland.

Memeland, an NFT project under 9GAG, announced that the team is building Meme Coin (MEME). The tweet has attracted more than 100,000 crypto users interest as meme coin projects are starting to launch many new features.

AIDOGE on Arbitrum has sparked community debate by launching airdrops to Arbitrum airdrop receivers. According to the statement, the community that possesses ARB and participated in the last Arbitrum airdrop would get 100% of the token supply.

It is reported that the Meme Coin Twitter account (@memecoin) in 2022 was created in April and posted the first tweet, “One $meme to rule them all.” 9 hours ago.

MEME is a token that supports creators and will be used in multiple SocialFi products built by Memeland. It has previously publicly stated that it will launch the token in 2023.

Memeland has consistently said that its upcoming MEME token would be distinct from the typical NFT token that regular people don’t care about. How their team presents that token in the future will have a big impact on the ecosystem, perhaps propelling it to even greater success. Similarly, its still-unknown Treasure Islandz project has the Memeland and overall NFT communities waiting with three breaths.

Memeland is a Web3 venture studio founded by 9GAG, a Hong Kong-based meme-centric entertainment website that debuted in 2008. With over 200 million followers on its different social media platforms since then, 9GAG was well-positioned to enter the Web3 industry when it unveiled the project in April 2022.

According to the studio’s official website, 9GAG CEO Ray Chan and crew founded Memeland as the social platform’s Web3 commercial branch with the self-stated purpose of underpromising and overdelivering.

So far, Memeland has produced three NFT collections, each acting as a point of entry into its economy, which is anticipated to include a metaverse at some time in the venture studio’s future.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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