What is MemeCore (M)?

Deep Dive

1. Purpose & Value Proposition

MemeCore aims to redefine meme coins by anchoring them in long-term cultural relevance rather than short-term speculation. It introduces a “viral economy” where memes act as currency, governance tools, and creative assets. Projects built on MemeCore are incentivized to reward users for both social engagement (e.g., meme creation) and on-chain activity (e.g., trading volume) (MemeCore Docs).

2. Technology & Architecture

The blockchain is EVM-compatible, allowing developers to port Ethereum-based applications easily. Its Proof of Meme (PoM) consensus mechanism enables validators to stake $M or eligible meme tokens to secure the network. Validators earn rewards in $M or the delegated meme token, tying tokenomics directly to community participation (JayPlayco on X).

3. Ecosystem Fundamentals

• Meme Vault: Automatically created for each new meme token, this mechanism funds rewards for creators, holders, and contributors.
• Multi-Reward System: Validators receive a share of all MRC-20 tokens generated on the network, encouraging ecosystem growth.
• Regulatory Expansion: Strategic moves like acquiring a KOSDAQ-listed company aim to establish compliant frameworks in South Korea and beyond (Coingape).

Conclusion

MemeCore positions itself as a cultural infrastructure for meme coins, merging blockchain utility with internet culture. By rewarding both creativity and transactional activity, it seeks to create a self-sustaining ecosystem. Can its focus on community-driven value outlast the typical hype cycles of meme-based projects?