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MemeMarket

USA, Delaware
Market: Information and media, Education, training, Entertainment, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 06.11.2022
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Idea

MemeMarket is a popularity Stonk Market for Memes, combined with Meme Crowdsourcing for Brands

Current Status

We control Web2 social accounts with over 16million followers/subscribers across Reddit, Facebook and Instagram, and we are preparing to migrate those audiences over to our platform which is currently live on Polygon. We completed alpha testing with an audience same size of 12,000 to validate our assumptions.

Problem or Opportunity

The four main problems MemeMarket resolves are:

1) Millions of Meme artists globally face continuous account banning and monetization issues by Web2 platforms

2) Big Brands struggle to get GenZ & Millennial audiences to watch their ads and engage with their businesses

3) Web2 natives struggle to on-board into the Web3 ecosystem due to numerous Web3 complexities

4) Younger generations receive little-to-no financial education during school while simultaneously being exposed to countless investing schemes across various markets

Solution (product or service)

1) MemeMarket provides Meme artists with Contests and Quests which enable millions of people globally to monetize their creative work

2) We are able to measure brand engagement in quantity of hours per person, instead of measuring by the second like large Web2 platforms do

3) Our on-boarding system provides a frictionless experience for Web2 natives to experience Web3 for the first time in a fun and safe environment

4) Our Stonk Market game provides the look & feel of a real stock market teaching younger generations about the emotions of fear & green, all for free with memes

Business model

MemeMarket is issuing $MEEM token on Polygon. Our revenue comes from two primary sources;

1) Meme Stonk Market - we take transaction fee from all transactions on the stonk market. In this way our revenue source is comparable to a Binance or Robinhood model in concept.

2) We charge a fee to brands for sponsoring Meme Contests and Meme Quests.

Incubation/Acceleration programs accomplishment

Antler Accelerator + OnePiece Labs Incubator
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