MemeCore (M): The Blockchain Turning Memes into Cultural Powerhouses
What is MemeCore (M)?
MemeCore (M) is the first Layer 1 blockchain built specifically for "Meme 2.0"—a paradigm where meme coins evolve from short-term speculation into enduring cultural and economic forces. Unlike traditional meme coins that often rely solely on hype, MemeCore integrates community-driven virality with a sustainable economic model, ensuring that every participant, from creators to traders, plays a vital role in the ecosystem.
Who Created MemeCore (M)?
MemeCore was founded by Jun Ahn, who serves as the Chief Executive Officer. Before establishing MemeCore, Jun founded 0xLootBox, an investment network with a diverse portfolio, including notable projects like Arc Community. His experience also includes roles at Ledger and Chains.Asia, providing him with a robust background in blockchain and investment networks.
Supporting Jun is Cherry Hsu, the Chief Business Development Officer. Cherry is a seasoned game developer with over seven years of experience in marketing for IT startups. She holds a master's degree in Computer Science from Chang Gung University in Taiwan, bringing a blend of technical expertise and strategic insight to the team.
What VCs Back MemeCore (M)?
MemeCore's innovative approach has attracted significant attention from prominent venture capital firms. In March 2025, the MemeCore Foundation announced a strategic investment from several leading blockchain venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, Catcher VC, K300 Ventures, Wagmi Ventures, and Click Capital.
How MemeCore (M) Works
At the heart of MemeCore's functionality is its unique Proof of Meme (PoM) consensus mechanism. This system is designed to guide meme coin projects beyond mere speculation, steering them toward long-term cultural relevance and economic contribution.
Proof of Meme (PoM) Explained
Unlike traditional consensus models, PoM is an evolution framework that encompasses the full lifecycle of a meme coin. From the creation of a Meme Vault to community participation, contribution evaluation, reward distribution, and governance, PoM ensures that meme projects become active, value-generating members of the MemeCore mainnet.
Meme Vaults: The Heart of the Ecosystem
When a new MRC-20 token (MemeCore's token standard) is issued, a dedicated Meme Vault is automatically created. This smart contract-based hub tracks community activity and distributes rewards to PoM participants, including validators, stakers, and traders. The vault serves as the central infrastructure for measuring engagement and fairly allocating on-chain rewards.
Viral Grants Reserve
To incentivize growth, MemeCore allocates 10% of block rewards to a Viral Grants Reserve. If a Meme Vault meets specific evaluation criteria—such as community size, transaction volume, or total value locked—it becomes eligible to receive a grant. This ensures that funding is distributed based on measurable on-chain traction and community strength, rather than short-lived price surges.
Meme (MRC-20) Reserve
Upon the creation of an MRC-20 token, 5% of its total supply is automatically allocated to the Meme Reserve. This reserve is used to reward participants within the Meme 2.0 ecosystem, accelerating meme virality. Specifically, 1% is allocated to the M stakers reserve, and the remaining 4% is allocated to the meme stakers reserve. These reserves are distributed as staking rewards to core participants engaged in PoM staking.
M Goes Live on Bitget
MemeCore is reshaping the meme coin landscape by transforming viral internet culture into a sustainable, community-driven economy. Through its innovative Proof of Meme (PoM) consensus, it rewards creators, validators, and users who contribute to the ecosystem's growth. The M token serves as the backbone of this network, facilitating transactions, staking, and governance, while also incentivizing active participation. With strategic partnerships and a clear vision, MemeCore offers a robust platform for the next generation of meme coins.
We are thrilled to announce that Memecore (M) will be listed in the Innovation, Public Chain and Meme Zone.
Trading Available: 3 July 2025
Trade M/USDT on Bitget today!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
