#M# 1. Token basic information

Token symbol: $M

Total supply: 10 billion coins.

Blockchain: MemeCore, an EVM-compatible Layer 1 public chain, is designed specifically for the meme coin ecosystem.

 

2. Token Allocation and Usage

Allocation ratio (partially not fully disclosed, inferred from community discussions):

Ecosystem Incentives: 40% for community rewards, developer incentives, and liquidity mining.

Team and Advisors: 20% (including a 3-year linear unlocking mechanism to avoid short-term selling pressure).

Private placements and institutional investors: The ratio is undisclosed, but known investors include Waterdrip Capital, IBC Group, etc.

Airdrops and Marketing: Some are distributed through activities (such as Binance Alpha airdrop).

Core use:

Network fee: Pay MemeCore chain transaction fees.

PoM Staking and Governance:

Users can stake M or whitelisted MRC-20 meme coins to participate in network verification and receive double rewards (M + MRC-20 Token).

The governance voting rights are determined by the amount of stake, which affects the direction of ecological development.

MemeX Platform Fuel: In the MemeCore SocialFi platform MemeX, $M is used to create/trade meme coins, sponsor content creators, etc.

 

3. Economic Model Design

PoM (Proof of Meme) consensus mechanism

Dual-track incentive: Validators and delegators earn block rewards by staking $M or meme coins, with an annual percentage yield (APY) that dynamically adjusts, reaching up to 215%.

Dynamic whitelist: Only meme coins with high community activity can join the staking whitelist to avoid low-quality projects diluting the reward pool.

Deflationary mechanism

Transaction consumption: On the MemeX platform, $M is partially burned as fuel, reducing circulation.

Viral Grants Reserve: 10% of the block rewards for each Epoch will be deposited into the community fund to support high-quality meme projects, indirectly reducing circulation.

Liquidity Integration

Attract liquidity from meme coins on chains like Solana and Ethereum through multi-chain staking hubs (such as the PoM mechanism) to enhance the cross-chain demand for $M.

 

4. Market Performance and Risks

Listing status: Already listed on exchanges such as Bitget and plans to launch on mainstream platforms like Binance and OKX.

Risk Warning:

High volatility: 97% of projects in the meme coin sector ultimately go to zero, so be wary of changes in market sentiment.

Unlocking Pressure: The 3-year linear unlocking of team tokens may lead to long-term selling pressure.

Dependency on demand: If the ecological application (such as MemeX) does not develop as expected, $M may lack actual utility support.

 

5. Ecological Expansion and Future Planning

MemeX Platform: Currently in Beta testing, plans to tokenize user social influence through an "Activity-Based Pricing Model" to enhance $M's consumption scenarios.

Developer Incentives: Launch "Ecosystem Integration Grant Program" to attract projects like DeFi and GameFi, enriching the use cases of $M.

What else are you studying?
It's just a doghouse raising prices to sell.