Memecoin ($MEM) is the ERC-20 official token for Meme.com and the underlying NFT asset layer extension MarbleCards. Meme.com is a memetic protocol and platform where people can monetize memes via Meme Markets by creating Memetic Asset mTokens.
Memetic Assets are the financial instruments in the form of ERC-20 smart contracts known as “mTokens” that represent any particular meme. These mTokens are purchased, swapped and traded on the platforms Meme Markets. Memecoin can be swapped for any mToken (e.g. mDOG, mPEPE, mWOJAK) via a token bonding curve.
Meme Markets can also be discovered and then created by anyone using Memecoin. With memetic asset creation, platform users can create a market around the next meme trend they perceive is going to flourish.
The NFT layer of MarbleCards launched in January 2019. Memecoin can be used there to create an NFT featuring a center image from URL links across the internet. Once a URL is used in creating a Marble card, it can never be used again. Once owned, a MarbleCard NFT can be curated by the user in a number of ways. These cards can be used in an online Arena and gain yield based on how well they perform.
There are multiple ways to use Memecoin on the platform and earn rewards in the form of tokens and NFTs for supporting the best performing memes and trends.