Memeland, is also known as a Web3-focused startup studio and NFT ecosystem. Part of the 9GAG team, this project focuses on creating and investing in social products for the community. Memeland raised $10 million shortly after launch, powerfully demonstrating the power of meme culture and investors’ confidence in the brand. 9GAG plans to advance Web3 developments through the project, aiming to use 6.9% of the revenue from secondary sales to fund operations and recruit new members to add more value to the community.
Memeland’s main focus is to bring creators and communities together through creativity, MEME tokens and NFTs. While its features are currently limited to NFT holders only, the team aims to ultimately create an inclusive Web3 platform. By planning to list the MEME token, Binance aims to bring the project’s ecosystem to an even wider audience. This listing will include trading pairs such as MEME/BTC, MEME/USDT and MEME/BNB, thus increasing the value and potential for investors and traders.
Memeland also continues to develop value-driven products in the NFT world. One of the latest additions, Raids, is poised to reshape the landscape of collaboration and reward distribution. Raids aims to expand the user base and reshape the distribution of collaboration and rewards within the Memeland ecosystem. The NFT ecosystem seamlessly integrates Memeland NFTs, aiming to create a unique ecosystem with the introduction of the MEME token.
Ultimately, Memeland leverages 9GAG’s strong internet presence, strengthening the connection between meme culture and Web3 technologies and aims to create an inclusive, creative and value-driven platform. This offers investors and community members not only financial returns but also a space for creativity and collaboration.
Binance Labs Announces the New NFT and Meme Project It Is Investing in: Here’s the Remarkable Asset!
- Binance Labs Investment and MEME Token: Received a significant investment from Binance Labs for Memeland’s native ecosystem token, Memecoin (MEME). As the 39th project of Binance Launchpool, users could earn MEME tokens for 30 days by depositing Binance Coin (BNB), TUSD, and FDUSD into select pools. Within the scope of this campaign, 1,380,000,000 MEME tokens, equivalent to 2% of the total token supply, were allocated as rewards. Following Binance Labs’ investment announcement, the price of the MEME token briefly increased by 8%, but then fell. Still, market capitalization and trading volume increased significantly.
- Project Overview and NFT Collections: Memeland operates as a subsidiary of 9GAG’s popular meme platform that reaches 200 million users per month. The Memeland team has over 15 years of experience building community-based products. As a Web3 startup studio, Memeland offers features such as unique NFT staking mechanisms, collaborative social networks, and liquid staking of ETH to enhance user experience and community engagement. The long-term vision includes Memeland becoming a fully decentralized, community-run platform, with existing NFT holders having a say in governing the Memeland DAO.
- Token Presale and NFT Collections: Memeland conducted a pre-sale of 12.5 billion tokens for the launch of the MEME token and raised $12.5 million in the process. This pre-sale, which attracted great interest from investors, was also supported by Memeland’s NFT collections. Especially the Captainz and Potatoz collections performed well despite the challenging market conditions. The Captainz collection achieved trading volume of 2,429 ETH upon launch, with its base price increasing by 18% to 7.89 ETH. This shows the influence and success of the 9GAG brand in the Web3 field.
- Upcoming Platforms and Services: Memeland is planning several new platforms, including Holders.com, which offers ride services, video-sharing platform GMGM.com, crypto betting app Stakeland, and Petsland, which focuses on pets. These platforms are designed to expand Memeland’s ecosystem and enrich the user experience.