Can you find your own ONE PIECE with the launch of Memeland and the $MEME token in the age of great voyages?

Written by: Yinan

background:

Long ago, Memeland was abandoned due to its uninhabitable conditions, leaving treasures of gold forged in the land, waiting to be discovered. After a while, early life forms began to emerge, such as potato creatures that roamed the land. It all happens as the captains and their pirate crew explore the shattered seas in search of this lost treasure of gold!


Introduction:

Memeland is a brand and community developed by the 9GAG team with NFT as the main body, and will continue to launch functions such as $Meme tokens and community creator economy.

Team:

9GAG was established in 2008 and is headquartered in Hong Kong. is a user-generated content site that features user-generated videos in categories like Fails & Pranks, Comedy, Games, Cute, Movies & TV, Music, and more with a mission to make the world a happier place.

At present, 9GAG has more than 200 million followers on its website, app, Instagram, Facebook, twitter, tiktok and other media, with a monthly visit of 400 million. Received capital investment from Greycroft Partners, True Ventures, Y Combinator, 500 Startups, etc.


Founder: Ray Chan

Ray is the co-founder of 9GAG, one of the world’s leading user-generated content sites, focused on building sustainable businesses through humor. 9GAG is an alumnus of Y Combinator and 500 Startups, and Ray and his team have spent a lot of time in Silicon Valley learning from the best.

Before founding 9GAG, Ray worked on Singboard, an online and karaoke game. He was also Product Manager for online reading community aNobii, acquired in 2010 by a new venture backed by HMV Group, Harper Collins, Penguin and Random House.


memeland advisor:

Including American entrepreneur Gary Vaynerchuk, Moonbirds founder Kevin Rose, etc.


product:


YOU THE REAL MVP

Release date: June 2022

Number of Issues: 420

Issuance method: At that time, the “blind auction” was used to complete the sale at a high price of 5.3ETH. Today (2023/07/13) the floor price is 49.69ETH

Benefits: MVP stands for Memeland’s premium tier membership; includes private access to the MVP Lounge in Discord, priority allowlist slots, NFT airdrops, IRL events, and other collaborations exclusively for MVP members.


The Patatoz

Release date: July 2022

Number of Issues: 9999

Distribution method: Freemint Today (2023/7/13) floor 1.689 ETH

Benefits: Potatoz represents Memeland’s base-level membership; related to $MEME, permission list, NFT airdrops, participation rights to IRL events, and more!


The Captainz

Release date: January 2023

Number of Issues: 9999 PFPs

Issuance method: Users need to deposit 1.069 ETH into the casting page, and then only after the 48-hour bidding time limit, can they determine whether they can get the NFT, and if they hold three “The Potatoz”, they can also get the priority casting white list. Today (2023/7/13) floor 5.7 ETH

Benefits: Captainz represents Memeland’s top membership; Captainz has many benefits; two of the most anticipated are $MEME and Treasure Islandz.

Class: Captainz has different races, and different races have different rarities

The order of rarity is: Alien > Kong > Kaiju > Kraken > Shark > Human


Gameplay design:

Pledge System

On August 6, 2022, 9GAG launched the “GROW-TO-WIN” (staking) system and staking website. Users can pledge their MVP, Catptainz (captain), and Potatoz (potatoes) in the official website system.

• **When you hold MVP, you can upgrade props to get bonuses. **

For holders of MVP, the treasure map bonus varies according to the combination probability of the pledge. The official combination probability table is as follows:


Image via: @Aizcalibur

• **When holding Catptainz (captain), participate in the pledge, and you can get a “treasure map” every seven days. ** “Treasure Map” is also divided into five rarities: the order of rarity is Mythical>Epic>Magical>Extraordinary>Spcial
• **When holding Potatoz (potatoes), participate in the pledge, and you can get a “valuable item” every seven days. **Precious Items’ are divided into five rarities, the order of rarity is Dark>Ivory>Cherry>Kiwi>Sand


Image via: @Aizcalibur

In addition, there are two groups of identities, namely [Super Crew] and [Full Crew]. Every Monday, there is an additional opportunity to get “Potion Items”. The conditions are as follows:

• When holding 1 MVP + 9 captains + 27 potatoes at the same time, you can become 【Super Crew】
• With 1 Captain + 3 Potatoes, you can become 【Full Crew】


Raid gameplay

You can steal maps from other captains, but your maps can also be stolen by other captains.

In Season 1, captains will gain experience after each raid and have a 45% chance of winning a special or extraordinary map, a 48.1% chance of losing a map to another captain, and a 6.9% chance of losing it in battle (Burn) map.

All participants who earn Raid Points will receive some loot at the end of the season. The more points you earn, the bigger the loot! There is an additional chance to get an airdrop “Treasure Bag” (according to the leaderboard)


Image via: @Aizcalibur

future plan:

The team is working on several plans. First, Captainz’s crew has a maximum of 2-3 pirates from Potatoz and gets Treasure Mapz. The Memeland team is also developing Treasure Islandz. In the real plan for Memeland, details of which are currently under wraps, looks like a Web 3 adventure game for the owner of Captainz and Mapz.

In addition to the short-term update content, Memeland also disclosed its long-term development plan. Applying for a domain name first is to pave the way for the products to be developed later. The CEO of Memeland has also emphasized more than once that Memeland does not just want to be an NFT project, but a whole web3 and crypto product, and has a very strong ambition to cover the entire industry. To this end, they registered the following domain names respectively:

• PFP.com
• Holders.com
• petsland.com
• Stakeland.com
• Memeland.com
• GMGM.com

At present, most of these domains have not yet been officially launched. The official finally mentioned that some SocialFi products will be built, and this is directly related to the several domains purchased with a large sum of money.

• Holder.com–>Create tripadvisor (entry website) for web3
• PFP.com–>Proof of Fan Agreement, similar to POAP (Brands or Kol can issue similar commemorative certificates to give back to fans)
• GMGM.com–>Create OnlyFans of the Web3 session (with clothes on)
• Stakeland–>memeland ecological pledge website

In an interview with the founder of JPEG in April 23, the host asked Ray: What is the long-term vision when building Memeland?

Ray replied as follows:

After 15 years of working on social media or community-based products, it feels like the previous business model didn’t really work because the incentives for audiences, advertisers, platforms, and creators didn’t align, and that’s why web3 is interesting.

You don’t have to rely on advertising because you only need to sell the product itself. Then others use it for free. Memeland’s corporate mission is to bring ownership to the community. Elaborating on this vision in more detail is:

• Our web3 dinner has three courses

• The first is NFT for community building. We share the same PFP (profile picture), we are on the same Discord (chat platform). We are in the same token community. I think it’s a really great tool for building community because people really feel like they belong.
• Then [ERC-20] tokens are created for value. Because not everyone can afford your expensive JPEGs. But if you have about $4 to $5, you can buy ApeCoin. If you own part of the token, you can still be part of the ecosystem.
• The last part is [product] because now, what can our token do? That’s why we need to build products or encourage people to build products for the application of the token.

This has always been Memeland’s thinking on Web3 strategy, and it is also the strategy that Memeland is building now.

coming soon:

$Same coin

The $Meme token has been in the route planning of Memeland for a long time, but it was not until April 23 that the exclusive Twitter and official website of Memecoin began to be established, and $Meme is also a very important part of Memeland, and there will be many applications in the future Scenes.

$Meme Tokens:

Maximum Supply: 69,000,000,000

Token Economics:

• DAO - [REDACTED]
• INVESTORS - [REDACTED]
• COMMUNITY - 69%
• KEY PERSONS - [REDACTED]

The remaining 31% of the allocation has not been officially announced, and the details need to wait for subsequent announcements.

$Meme Fire sale：

69% of the total supply went to the community through a public sale and multiple airdrops. The maximum unit price for the public sale is set at 0.69 ETH or lower. The allocation is based on the number and rarity of NFTs held by users, and different NFTs are granted different allowances for the allowed list.

Allocations are divided into two categories: Allow List (AL) and Wait List (WL). AL slots are guaranteed and allocated according to the type of Captainz NFT held by the user. The details are as follows:

• Human Captainz: 1X
• Shark Captainz: 2X
• Kraken Captainz: 2X
• Kong Captainz: 3X
• Kaiju Captainz: 3X
• Alien Captainz: 10X
• MVP: 12X

Additionally, holders with a full crew (1 captain and 3 Potatoz) can get an extra 1X, while holders of a super crew (1 MVP, 9 Captainz, 27 Potatoz) can get an extra 12X and the right to private sale.

WL places are non-guaranteed and allocated as follows:

• Potato: 1X *Waiting list: 1X

For example:

If you have 1 Human Captainz and 1 Potatoz, then you have 1 AL, 1 WL.

If you have 1 Human Captainz and 2 Potatoz, you have 1 AL, 2 WL.

If you have 1 Human Captainz and 3 Potatoz (aka Full Crew), then you have 2 ALs and 3 WLs. If you have 1 Kaiju Captainz and 3 Potatoz (aka Full Crew), then you have 4 AL, 3 WL.

Attached: Memecoin Fire Sale Calculator and detailed charts listed by Twitter friends.

As for why Super Crew (1M +9 Human + 27P) can have 42 AL, it is because 42AL=12x(MVP)+9x(Human Captainz)+12(Super Crew extra +12x)+9x (of which 9Captainz+27Potatoz can form 9 Full Crews, and these 9 Full Crews are extra +9x), so, a total of 42AL.


Image via: @Aizcalibur

Token Valuation Model:

Because the number of token distribution is uncertain, the hard cap of fundraising is uncertain, the initial circulation and market value of circulation are uncertain, and part of the high probability of airdrop is also distributed according to the weighted method of Allowlist according to the rarity of NFT. The number of Allowlists held by NFTs is estimated by the share of the overall Allowlist, and the return on income is related to **fundraising hard cap, initial circulation, and market value of circulation, so the fixed variable method can be used for general valuation:

• Assuming that the initial circulation is the full circulation of the public offering, assuming that the hard cap of the public offering is full for everyone, and assuming that the market value of the public offering is equal to the initial hard cap, then the investment at this time is the return, that is, capital preservation.
• If the initial circulation and public offering hard caps are fixed, and the circulation market value doubles, the corresponding income will also double, and so on.
• To sum up: hard cap, initial circulation decrease or increase of market value in circulation, income will increase; hard cap, initial circulation increase or market value decrease, income will decrease

There is a calculation table below: This table covers the number of the overall Allowlist, the full hard cap of the Allowlist, the share of the initial distribution, the number of tokens that can be obtained, and the corresponding price estimate. According to this table, you can adjust the hard cap yourself And the initial circulation to estimate the return that an Allowlist can obtain.


**Other conjectures: **Because the Allowlist guarantees allocation, while Potato and the wait code released before are waitlist qualifications and do not guarantee allocation, I think a part of the quota should be reserved for Potato and wait code users to have the opportunity to participate. However, not everyone will be allowed to participate, and it may be distributed through lottery draws to ensure that community members have the opportunity to participate in this $Meme token launch.

$Meme application scenario:

• Obtained will be used for casting of subsequent lands, purchase of Maps or potions, etc.

• land
• Maps
• potion
• valuables

• Will support the use of multiple SocialFi products, link creator economic system

• Captainz Erc-6551 follow-up trais transaction
• Paid tokens of GMGM.com and other paid social platforms like onlyfans

Captainz &Erc-6551

Following the homogenization of Azuki Elemental and the first generation of Azuki, which led to disappointment and selling in the community, Cpatainz also ushered in a crisis of map development. As expected, after the liquidity of the NFT market was emptied and Azuki harvested NFT players Under the shadow of hope, Captainz was also questioned by community members after he opened the map, and voices such as homogeneity and low quality were overwhelming. Not surprisingly, the floor price of Captainz also fell. big relationship.


However, as Fud’s mood calms down and the haze gradually dissipates, and Memeland releases more information, it seems that there is still a mystery behind the opening of the map. According to the information obtained from AMA and the community, Captainz will adopt the form of Erc-6551, PFP is endowed with more composability and creativity. Since then, the prices of Captainz and others have slowly risen.

ERC-6551

ERC-6551 is a token-bound account protocol. ERC6551 can create a smart contract account for each ERC721-type NFT. This account has all the functions of an Ethereum account, so that the NFT of the bound account is composable and has NFT interacts with Token assets and corresponding Dapps, and all of these are forward compatible, and smart contract accounts can be deployed to each ERC721NFT without permission.

That is, you can create an account for NFT. Before, the account owned NFT, but ERC-6551 allows NFT to have account ownership. This account can place tokens (such as $Meme) to place other traits (headwear, jewelry, etc.) or treasure maps it owns. , valuables, etc., and account transfer is to transfer all assets in the account together.


From the news sent by Captainz (captain), we can see that based on the basic model of the captain, you can also choose different parts such as skin color, hair accessories, clothes, tattoos, etc., which improves the playability of PFP.


According to Ray’s latest AMA and the community, Captatinz (Captain) will have more ways to play in the future, such as co-branding with web2 brands or community creators, releasing unique traits of different rarities, and these traits are It will be an independent or packaged into the Captainz account created by the ERC-6551 protocol, which can be sold independently or packaged, and it will also be connected in series with the $Meme token.

In the future, the team may launch a captain’s traits maker on the APP Store. Traits that meet the rules can be bought and sold through $MEME tokens, thereby strengthening the creator economy.


Summarize:

Since Memeland was founded a year ago, it has built a strong community with an active founder. Ray is very active on both Twitter and Discord, able to fully communicate with community members and build good intentions. What Ray is really good at is in Build good will in other communities. It’s not just about buying NFTs, it’s about respectful interactions with other holders.

And NFT is an attention game. Web3 is developing too fast, and it is difficult to sustain attention. Especially for new NFT projects that rely heavily on attention, it is often difficult to maintain high attention after release.

Memeland neatly solves this problem. Not rushing Potatoz and Captainz’s opening map is what keeps it highly concerned. The staking model, uncertainty surrounding Mapz, Potions, and the often self-deprecating $MEME token make the ecosystem exciting for holders.

And Memeland does allow loyal holders to enjoy the rights and interests of community members. Senior member MVP holders get everything they should get. At the same time, if you want to sell Captainz, you will sell all the pledge rewards you have obtained up to that moment. . The more rewards you get, the less you will want to sell.

The community built by Memeland fits well with its own brand culture. Memes, memes, self-deprecating, etc. are all in line with the IP attributes of Memeland.

The next thing that users are most looking forward to is the launch of the $MEME token. The token will be the second of Memeland’s three courses, and more products will be launched in the future. You can look forward to the Memeland in the era of great navigation Can you find the ultimate ONE PEICE.


Related Links:

Twitter：

Website：

Discord：

CEO Twitter：

Reference article: [NFT Introduction] A complete introduction to the three major projects under Memeland NFT (Part 1)

Reference article: [Introduction to NFT] Meme Empire Memeland NFT’s innovative gameplay and token economy (Part 2)

Reference article: Memeland Memecoin: Everything we know so far

Founder Interview: Why Memeland is actually the only one thriving