Binance Labs’ NFT project Memeland (MEME tokenA significant amount of capital was invested in the Web3 project carried out by ) of transmission It was noteworthy that there was a 30% increase afterwards.
Binance Although Labs did not disclose the amount of the investment in question, it was stated that the funds would be transferred to SocialFi and its economic functions. It is expected to support community members, especially creative names, through MEME tokens and NFTs.
We’ve invested in @memecoin (MEME), the native token of @Memeland!
NEWS CONTINUES BELOWMemeland focuses on building and investing in SocialFi and creator economies to connect creators and communities.
Read more👇https://t.co/LIpo30DoNL
NEWS CONTINUES BELOW— Binance Labs Fund (@BinanceLabs) January 4, 2024
The brainchild of 9GAG, a popular meme platform that reaches 200 million monthly users across its global channels. Memelandcontinues to operate as an independent Web3 startup studio. The experienced team running the project continues to stand out in the internet world with over fifteen years of experience in creating community-centered products with the mission of democratizing ownership in communities around the world.
Beyond its unique NFTs and MEME token, Memeland also shared a roadmap filled with innovative features and future services like MEME Farming. These additions are designed to increase user engagement, which includes unique NFT staking mechanisms, collaborative social networks for community members, and liquid staking of ETH. The big vision for Memeland is to evolve into a fully decentralized, community-driven platform where existing NFT holders will have authority within the Memeland DAO.