Recently launched, Meme.com has raised $ 5 million from blockchain-focused venture capital funds, including Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, Spark Digital Capital, and other investors. The firm describes itself as a mix of Dogecoin and Wikipedia.
According to a Coindesk report, the firm said on Thursday that more than a dozen investors contributed to the tour, with additional funds coming from angel investors, Altitude Games CEO Gabby Dizon, and Polygon co-founder Sandeep Nailwal.
like dogecoin “Memecoin’ler” and with fungible tokens (NFTs), which have grown in popularity in recent months, the company said it aims to connect the two markets.
Meme.com, meme markets and trends “picking token’lar”Set out to combine it with NFTs and digital art. Users can mint tokens based on the perceived value of the meme they represent, while others can stake tokens. The firm said the content around each meme is community determined, and the most popular memes receive awards featuring exclusive NFT art.
Digital Finance Group head of investment Joanna Liang, “We believe meme and meme marketplaces like meme.com are a promising and innovative way to empower users who find or create trends” said.
CoinMarketCap for memes
“Sir Stonks” Using the title, Meme.com co-founder Mattias Tyrberg said that the $ 5 million fund will be used for further development of the platform, marketing and user growth. Tyrberg, “We have long-term plans and we have secured the project for years with this fund.” said.
The platform will also offer data tracking for memes, allowing their values to be compared over time. The platform also stated at its press conference that it wants to be the “CoinMarketCap of memetic content”. Tyrberg, “We collect data on the popularity of a meme from both internal and external sources” said. “It can be external, mentions or image sharing.”
Meme.com, which launched on May 24, added that it already has a platform called Marble.Cards to create and collect cards based on websites, which provides lots of meme data.