The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Dogecoin

What Is Meme.com? – Crypto Daily™

by Miki 07/28/2021
by Miki 07/28/2021 0 comment

People are going nuts over NFTs (non-fungible tokens). A Reuters report on July 5 said that the first half of 2021 saw $2.5 billion in NFT sales, compared to $13.7 million in sales in the first half of 2020, according to data from DappRadar. 

Meme coins currently have a market cap of $31.5 billion, according to Coinmarketcap.com. However, the amount of money pouring into this space continues to surge by the day, as Dogecoin is valued at $28.6 billion in terms of market cap. Further, other meme coins like Shiba Inu and MonaCoin are also seeing significant investor interest.

Both these spaces, NFTs and meme coins, are primed to explode in the crypto world. Memes are an easy way to communicate ideas. They appeal to the lowest common denominator, and most importantly, in today’s time-starved world, they get their job done in seconds. 

This is the philosophy behind the launch of Meme.com, a platform that acts as a bridge for meme coins and NFTs. The site describes itself as: Imagine if Wikipedia and Dogecoin had a baby.

 

Meme.com is poised to disrupt the NFT space

On a serious note, Meme.com is a platform for people to explore a variety of memes and trends in the digital world. Meme.com will allow users to mint Meme Tokens. These tokens are “based on the perceived value of the trend or meme they represent.” Further, every meme’s content is crowdsourced, and the most popular memes will receive monthly awards, including NFTs. 

The platform is making all the right noises and garnering attention from the right people. It announced a $5 million funding round in the last week of May. The likes of blockchain-focused venture capital funds include Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, and Spark Digital Capital, have invested in Meme.com.

Additionally, Meme.com confirmed additional funding came in from angel investors like Gabby Dizon, CEO of Altitude Games, and Polygon co-founder Sandeep Nailwal.

“We believe that memes and meme markets, such as Meme.com, are a promising and innovative way to empower users who find or create trends,” said Joanna Liang, head of investment at Digital Finance Group.

$MEM is the native token for Meme.com and can be used for the purchase of meme tokens and for creating and upgrading marble cards, as well as the payment for platform fees, staking, and governance. In fact, on June 15, Meme.com announced its IDO (initial Dex offering), the first one on Polkastarter and its Polygon deployment. 

Mattias Tyberg, co-founder of Meme.com, and who goes by ‘Sir Stonks’ on the site, said, “Memes have become such an important cultural phenomenon that we’re surprised there haven’t been previous attempts to build a platform like ours. 

With plenty of examples of ‘meme stocks’ and ‘meme coins’ like Dogecoin, we thought we might as well cut to the chase and tokenize memes directly. With the IDO, we aim to distribute our token to as many contributors as possible to let them discover our platform, following up on our $5 million investment round.”

Meme.com is one of the first NFT projects that’s built on the Ethereum network with Marble.Cards and claims that users have created close to 120,000 NFTs on its platform. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source link

Views: 3
CryptoDailyMemecom
Share
0
FacebookTwitterPinterestEmail
previous post
Cleveland Cavaliers Basketball Team Partners with Fan Token Platform Socios
next post
Sen.Warren says ‘Digital Currency’ can help where banks have failed

Related Posts

Not a Whale, Not a Representative – Dogecoin...

12/28/2021

Crypto Flipsider News – ETH Outflow at 4-Year...

12/28/2021

Shiba Inu Is the Most Viewed Crypto in...

12/28/2021

Elon Musk Tells TIME Magazine Why Dogecoin is...

12/28/2021

Susan G. Komen Organization Now Accepts BTC, ETH,...

12/27/2021

Dogecoin Co-founder Billy Marcus Reveals Today How Many...

12/27/2021

Bitcoin Has Proven Itself, Says Billionaire Ray Dalio

12/27/2021

Dogecoin Prediction for 2022, Which Crypto Might Outshine...

12/27/2021

Shiba Inu Price Prediction For 2022 By DailyCoin

12/27/2021

Dogecoin (DOGE) Foundation Is Working with Buterin in...

12/27/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • With AVAX, LUNA hitting ATHs, can this be the ideal strategy ahead

  • Cathie Wood’s Ark Invest Sinks Another $10.8 Million Into Grayscale’s Bitcoin Trust

  • Ripple Execs Use SEC Commissioners’ Recent Comments To Support Request For Dismissal Of Securities Lawsuit ⋆ TCNW

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$30,146.002.35%
  • ethereumEthereum(ETH)$2,029.942.58%
  • tetherTether(USDT)$1.00-0.09%
  • binancecoinBNB(BNB)$319.670.70%
  • usd-coinUSD Coin(USDC)$1.000.02%
  • rippleXRP(XRP)$0.4202301.62%
  • Binance USDBinance USD(BUSD)$1.00-0.12%
  • cardanoCardano(ADA)$0.542.44%
  • SolanaSolana(SOL)$52.083.78%
  • dogecoinDogecoin(DOGE)$0.085675-0.02%
  • polkadotPolkadot(DOT)$10.060.99%
  • AvalancheAvalanche(AVAX)$31.105.13%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$30,124.002.37%
  • Lido Staked EtherLido Staked Ether(STETH)$1,982.792.72%
  • tronTRON(TRX)$0.0772524.03%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.0000121.20%
  • daiDai(DAI)$1.000.02%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$70.981.45%
  • CronosCronos(CRO)$0.1944512.87%
  • leo-tokenLEO Token(LEO)$5.053.07%
  • LADZLADZ(LADZ)$0.0686894.36%
  • matic-networkPolygon(MATIC)$0.672.49%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.171.37%
  • FTX TokenFTX Token(FTT)$30.511.13%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$196.832.16%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$186.955.90%