Binance Labs recently announced an investment in Memecoin (MEME). It is Memeland’s native ecosystem token.
The emerging platform is focused on developing and promoting the creator economy and SocialFi. We aim to leverage internet meme culture to connect communities and creators through NFTs and MEMEs.
9GAG is a name that will be familiar to most Internet veterans. The popular vintage meme platform still has 200 million monthly users. Considering 9GAG’s status in the meme community, its new platform, Memeland, is set for massive user exposure.
Memeland is backed by a group that has been building community-driven products for over 15 years. Our stated goal is to support all communities globally to achieve ownership.
In addition to MEME tokens and NFTs, Memeland also offers a variety of features and use cases. One is MEME Farming, where we plan to add new services over time. These features improve user experience while fostering community engagement.
Features include a social network for community collaboration, liquid ETH staking, and NFT staking mechanisms. Memeland hopes to evolve into a community-driven, fully decentralized platform where NFT holders can manage the Memeland DAO.
Binance released an official post to share information about the platform. The official collaboration between Binance Labs and Memeland is a huge milestone in the internet meme community.
MEME, the native token that powers Memeland’s NFT ecosystem, will thrive with Binance’s support. 9GAG’s Web3 venture studio garnered market attention by earning $10 million in just 42 minutes of launch.
This is the amount accumulated through MEME’s token sale. This was done when 9GAG had not even launched a viable use case for the token. Now that Memeland is revealing more information, the value of the token is expected to rise significantly.