Amid the rapid evolution of blockchain and cryptocurrency, memecoins have emerged as a unique digital asset class, capturing global investor attention with their viral spread and community-driven nature. Yet, the potential of memecoins extends far beyond speculative trading. MemeCore, a Layer 1 blockchain purpose-built for memecoins, officially launched on February 12, 2025, with a mission to connect creators and communities through memes and decentralized applications (dApps), creating a vibrant meme-driven economic ecosystem. MemeCore is an experimental intersection of culture and economics. Its vision is to elevate memecoins from mere internet content to vehicles for currency, governance, and creative expression.
This article explores MemeCore's project overview, technical highlights, underlying logic, and the tokenomics and use cases of its native token, M. Through a comprehensive analysis of MemeCore's ecosystem, partnerships, and future potential, we uncover how the project is opening new possibilities in the blockchain space.
MemeCore is a Layer-1 blockchain purpose-built for memecoins, designed to be a decentralized playground where creators, investors, and communities can interact through memes and dApps. Its core mission is to foster and sustain a viral meme economy—empowering anyone to issue tokens, profit from cultural contributions, and build freely in a decentralized, meme-native environment. MemeCore envisions memecoins as tools for shared ownership and viral innovation, where every social post, meme remix, or on-chain interaction becomes part of an economic feedback loop—driving a participatory ecosystem where culture becomes capital.
What sets MemeCore apart is its focused approach to the memecoin market. Unlike general-purpose Layer 1s such as Solana, MemeCore offers tailored features like enhanced liquidity incentives, seamless cross-chain interaction, and robust community engagement tools to attract meme-focused projects and users. Additionally, MemeCore is Ethereum Virtual Machine (EVM)-compatible, enabling smooth interoperability with Ethereum and other EVM chains—broadening its appeal and attracting more projects and liquidity into its ecosystem.
At the heart of MemeCore's innovation lies its proprietary Proof of Meme (PoM) consensus mechanism. PoM is a novel model that integrates social virality, community participation, and decentralized governance into the security and incentive structures of the blockchain. Below are the key technical features of the PoM system:
PoM enables users to stake memecoins from other blockchains to validators on the MemeCore network. This cross-chain staking not only enhances network security but also positions MemeCore as a multi-chain hub for memecoins, promoting greater diversity and liquidity within the ecosystem.
MemeCore adopts a dual reward structure, distributing both M tokens and ERC-20 tokens to validators and stakers for participating in block production. This mechanism encourages broader participation, ensuring network activity and long-term economic sustainability.
To become a validator on MemeCore, participants must stake at least 7 million M tokens. Every 70 seconds (i.e., every 10 blocks), the top 7 validators are elected based on staking rankings. This dynamic election system promotes competition and decentralization in block validation.
MemeCore automatically creates a Vault for each ERC-20 token minted on its platform, locking 5% of the total token supply and distributing it gradually over 1,000 days. This design provides long-term liquidity support and rewards long-term holders and contributors.
PoM features a well-structured reward allocation model:
Validators: 99% of block rewards are equally distributed among the top 7 validators. The validator who produces the block receives an additional 1% bonus.
Stakers: 24% of rewards are allocated to memecoin stakers (with a 15% validator commission) while 75% go to M token stakers (with a 10% validator commission).
This reward design ensures aligned incentives between validators and stakers while encouraging active participation from both memecoin and M token holders.
MemeCore is founded on the concept of "Meme 2.0"—a vision where memecoins evolve beyond speculation to become tools for culture, value exchange, and community coordination. In this paradigm, memes serve not only as content but also as currency, governance mechanisms, and creative expressions. Leveraging its PoM consensus, MemeCore connects off-chain social influence (e.g., viral meme sharing) with on-chain activity (e.g., staking and trading), forming a dynamic economic feedback loop that rewards user engagement and content creation.
Purpose-built for memecoins, MemeCore distinguishes itself from general-purpose Layer 1s like Solana by offering customized features such as enhanced liquidity incentives, seamless cross-chain integration, and community-centric reward models. Its EVM compatibility further boosts adoption by enabling easy integration with Ethereum-based projects and liquidity. Nonetheless, MemeCore must demonstrate clear strengths in performance and community activation to gain a competitive edge in the crowded Layer 1 ecosystem.
The M token is the native utility token of the MemeCore ecosystem, with a maximum supply of 10 billion. It plays a central role in network operations, governance, and economic activity—serving as the foundational asset that powers the ecosystem.
M token serves several key functions within MemeCore:
Network Transaction Fees: Used to pay for transactions on the MemeCore mainnet, ensuring network security and operational efficiency.
PoM Participation: Required by validators for proposing and validating blocks, central to the PoM consensus mechanism.
Staking Asset: Users can stake M tokens to validators to earn rewards, enhance network security, and generate passive income.
Governance Rights: Token holders can participate in decentralized governance and vote on key decisions regarding the network's future.
The total supply of M token is capped at 5 billion (5,000,000,000 M). The allocation strategy is designed to support long-term ecosystem sustainability, incentivize community engagement, and balance team and governance needs.
Detailed token distribution is as follows
58% – Community:
The largest allocation reflects the project's strong emphasis on community-led growth and decentralization. Incentives will drive ecosystem expansion and user participation.
15% – Foundation:
Reserved to fund ongoing development, including technical upgrades, ecosystem support, partnerships, and marketing efforts.
13% – Core Contributors:
Allocated to reward early contributors and technical team members, helping retain talent essential for long-term project success.
12% – Investors:
Designated for early backers who provided critical funding and resources during the project's formative stages.
2% – Meme Treasury:
A special reserve dedicated to meme culture development, community engagement, and brand promotion—aimed at strengthening the project's cultural impact and user loyalty.
The MemeCore ecosystem comprises a range of projects and applications that work together to support the creation, trading, and community engagement around memecoins. Below are some key components and their respective functions:
Project Name | Description | Link |
MemeX | A platform that allows creators to easily mint and distribute memecoins. | |
PUPA | Simplifies the process of creating new tokens on MemeCore. | |
Everyswap | Enables token trading within the MemeCore ecosystem. | |
MemeCore Stake | Allows users to stake M tokens to earn rewards. | |
SQD | Provides data insights for memecoin traders and creators. | |
These projects collectively form a rich and interconnected ecosystem, enhancing MemeCore's utility and appeal. MemeCore also promotes innovation through its Ecosystem Integration Grant Program, encouraging new projects to join the mainnet across various sectors, including decentralized finance (DeFi), gaming, and social applications.
MemeCore's strategic partnership with the Neo blockchain marks a significant milestone in its development. Neo, an open-source smart contract platform dedicated to advancing the smart economy, provided early infrastructure support and community alignment to accelerate MemeCore's growth. This collaboration aims to usher in the Meme 2.0 era by combining social virality with decentralized governance to create a new meme-driven application ecosystem.
The partnership has not only strengthened MemeCore's technical foundation but also expanded its market reach through Neo's community resources. Looking ahead, MemeCore is likely to establish additional collaborations with other blockchains and projects to further solidify its leadership in the memecoin space.
MemeCore is at the forefront of the Meme 2.0 revolution, a paradigm shift that redefines memecoins as tools for culture, economics, and governance rather than mere speculative assets. Through its PoM consensus, EVM compatibility, and robust ecosystem, MemeCore offers unprecedented opportunities for the creation, trading, and community engagement of memecoins.
That said, MemeCore faces strong competition from high-performance chains like Solana, which has become a leading memecoin ecosystem thanks to its speed and low fees—successfully incubating popular tokens such as BONK, WIF, and POPCAT. To stand out, MemeCore must deliver superior liquidity incentives, seamless cross-chain interoperability, and exceptional community engagement tools.
As the ecosystem continues to expand and new projects come on board, MemeCore is well-positioned to become a core infrastructure layer for the memecoin market. Its unique blend of cultural focus, technical innovation, and commitment to decentralized governance sets it apart within the broader blockchain landscape.
MemeCore represents a powerful fusion of blockchain technology and meme culture. Through its innovative PoM consensus, robust tokenomics, and vibrant ecosystem, it offers a decentralized platform for creativity and community-driven growth. As the core of this ecosystem, M token powers transactions, governance, and incentivizes participation through a dual reward mechanism. MemeCore's strategic partnership with Neo further enhances its technical foundation and market potential.
The M token is now listed on MEXC. Don't miss this early opportunity to get ahead in a promising new sector. To purchase M token on MEXC, follow these steps:
3) Choose your order type, enter the desired amount and price, and complete your trade.
Disclaimer: The information provided in this material does not constitute advice on investment, taxation, legal, financial, accounting, or any other related services, nor does it serve as a recommendation to purchase, sell, or hold any assets. MEXC Learn offers this information for reference purposes only and does not provide investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. MEXC is not responsible for users' investment decisions.