🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
⏳ Limited-Time Offer — Don’t Miss Out!
Learn More: https://www.gate.io/article/44878
#GateioLaunchpad# #GameeFi#
MemeCore introduces PoM on-chain incentive structure: Is the Meme coin market reaching a turning point for long-term rise?
Written by: ChandlerZ, Foresight News
Meme coins have always been one of the most attention-grabbing yet easily overlooked asset types in the cryptocurrency world. On one hand, they often activate market enthusiasm rapidly with very low entry barriers, leading to a surge in trading volume in a short period; on the other hand, most Meme coin projects have a very short lifecycle, lacking deep governance logic and value support, ultimately becoming consumables in the speculative cycle.
Based on this, MemeCore announced the launch of the "Proof of Meme (PoM)" mechanism, which integrates its new generation Meme economic model "Meme 2.0" vision, opening up a new development path for the Meme coin ecosystem. Unlike traditional Meme projects that tend to focus on speculation and short-term surges, MemeCore's core goal is to transform Memes into "sustainable cultural capital" and drive the formation of an extensible participation network among creators, the community, and the protocol through a systematic on-chain incentive model.
The Short-Cycle Dilemma of Meme Coins: Difficult to Maintain Consensus, Hard to Sustain Culture, and Lack of Incentives
The logic behind the explosive popularity of Meme coins has always been clear: it stimulates market sentiment in a short period using community memes, emoticons, and trending symbols, thereby gaining extremely high trading momentum. However, the essence of this mechanism is that attention serves as fuel. In the absence of subsequent mechanisms to sustain it, the hype quickly turns into selling pressure, leading to a drastic decline in community activity, making it fundamentally difficult for the project to enter the next evolutionary stage.
The more critical issue is that past Meme coin projects have largely failed to provide sustainable value participation paths for creators, disseminators, and ordinary coin holders. The behavior of dissemination is decoupled from asset returns, and there is a lack of positive incentives for cultural participation and community collaboration, leading to the marginalization of many genuine content contributors, while the discourse power is concentrated in the hands of early hoarders and secondary market operators.
Therefore, the problem that MemeCore is trying to solve is not "how to create the next hotspot," but rather how to provide continuous motivation for the actors in the Meme coin ecosystem to form content accumulation, incentivize closed loops, and create a positive cycle of value.
Meme 2.0: Transforming Cultural Influence into On-Chain Economic Power
The "Meme 2.0" concept proposed by MemeCore is not a simple extension of traditional Meme gameplay, but rather a dual shift in narrative and model. It positions Memes as a cultural asset with collaborative and value-added capabilities, rather than a one-time emotional projection tool. The core idea is: if a Meme can create resonance, it should have incentive channels; if the dissemination is valuable, it should be confirmed and rewarded on the chain.
The implementation of this concept relies on support at the infrastructure level. MemeCore is not deployed on a third-party public chain but has independently constructed a Layer 1 network with native incentives, asset minting, and contract interaction capabilities. The rationale behind this decision is a clear positioning: to transform the integration of cultural content and on-chain incentives from peripheral plugins into a native capability of the protocol layer.
Its EVM-compatible technology stack lowers the migration threshold for developers and projects, while the dedicated standard MRC-20 designed for Meme assets further supports the high coupling of meme content and asset behavior. This not only enhances the expressive capability of assets but also lays the foundational mechanism for the composability and ecological evolution of Memes.
PoM Mechanism: Driving participation in the network through staking, supporting cultural continuity with rewards
The PoM mechanism is the core mechanism for the operation of the MemeCore ecosystem, designed to create an incentive path that connects the dissemination of Memes, asset value, and community participation. In the PoM model, creators, holders, and validators are no longer isolated but collaboratively build the transformation mechanism of Meme coin from cultural recognition to network rights.
PoM Staking: A Consensus Mechanism Driven by Behavioral Rights
In the MemeCore network, PoM Staking is the most fundamental and critical incentive mechanism. Users can stake not only the platform's native token M but also MRC-20 Meme coins approved by PoM in the ecosystem. This design significantly expands the participation boundaries of Staking, allowing various Meme projects and their communities to interact with validators through token staking and participate in block generation and network governance.
For holders, PoM Staking offers a Delegation model. That is: users who hold a certain PoM-approved Meme coin can delegate their tokens to specific validators and share in proportion the block rewards earned by those validators. This means that the more active the project owners or community participants are, and the more voting power is concentrated on certain nodes, the higher the block production probability and network influence of those validators, thereby achieving a complete closed loop of "content dissemination - node empowerment - value incentives."
The PoM access is not permanently valid. If a certain Meme coin no longer meets the minimum standards of MemeCore in terms of dissemination power, community activity, contribution indicators, etc., its PoM qualification may be dynamically revoked. This dynamic mechanism ensures the rational allocation of incentive resources in the network and maintains ecological vitality.
Meme Vault: Providing intrinsic incentive pools for every Meme project
On the MemeCore mainnet, each Meme coin issued through the MRC-20 standard automatically generates a Meme Vault. Traditional Meme projects generally fade away gradually after initial financing, making it difficult to sustain narratives, organize communities, or reignite content production. MemeCore aims to break this industry fate by reserving a growth buffer for every potential Meme project.
The resources carried by the Meme Vault are primarily used to incentivize content creators, energize community operations, and promote ecological interaction behaviors. For example, when a project goes live and its community continues to contribute cultural content and promotes the diffusion of Meme popularity, the project's Meme Vault will release resources to reward creators or core participants according to a predetermined allocation ratio.
This allows the project to no longer rely on airdrops or speculative hype to maintain attention, but rather to build an ecological operation model around the medium-to-long-term incentive logic released by the Vault, where "content is asset, and participation is profit-sharing."
Viral Grants Reserve: Periodic co-creation support for Meme 2.0 projects
In each Epoch of the MemeCore network, 10% of the block rewards for validators are automatically allocated to the Viral Grants Reserve. This portion of resources is specifically used to support the creation activities, secondary dissemination, and community collaboration of Meme 2.0 projects. Compared to the project-specific nature of the Meme Vault, Viral Grants are open to excellent Meme projects and individual creators across the entire network.
It is worth noting that not all projects are eligible to receive Grants. MemeCore has established a specific "Meme 2.0 Standard" as a criterion to determine whether a project has the potential for sustainable cultural output and dissemination. Only Meme projects that meet this standard are eligible to apply for periodic Grants allocation. This threshold is set to focus public incentive resources on content sources that truly possess influence and creative vitality.
In the future, the standard regulations will be gradually made public under community governance and guided by a community voting mechanism for resource distribution paths.
MRC-20 and M Token Economy: The Asset Carrier and Liquid Bridge of Meme
In terms of on-chain standards, MemeCore has tailored the MRC-20 standard for Meme-type assets, maintaining compatibility with ERC-20 while expanding its deep integration capabilities with the PoM system. Each MRC-20 asset can be natively integrated with Vault binding, propagation trajectory tracking, and community governance entry, enhancing the governability and ecological belonging of Meme projects.
As the value anchor of the MemeCore ecosystem, the M token serves multiple functions:
This value system based on cultural behavior incentives endows M with cultural circulation attributes that distinguish it from traditional functional coins.
From emotional hype to cultural capital, is the upgrade path of Meme coin feasible?
The interaction between the PoM mechanism and the Meme 2.0 concept is essentially a response to the question of whether "Meme coins can sustain their existence." MemeCore attempts to extend the lifecycle of Meme coins with clear incentive tools, participation logic, and dissemination mechanisms, enhancing the depth of interaction between users and the community, and transforming cultural output into participatory value.
It wasn't an easy attempt. The essence of memes is informal, de-contextual, and even de-authoritative, and the establishment of mechanisms often requires rules, measurements, and boundaries. This inherent tension determines that the effectiveness of PoM will largely depend on the community's acceptance of incentive tools and whether there is sufficient rich and creative content productivity to support it.
In addition, the introduction of the PoM mechanism is still in its early stages, and its long-term effects need to be validated by the market. However, it is clear that it has proposed a sustainable operational experiment direction for Meme coins for the first time.
If consensus is the foundation of currency, Meme may be worth a redefinition.
In the process of Web3 moving towards a mainstream narrative, the boundaries between culture and assets are becoming blurred. For a long time, Meme assets in the crypto market have been seen as symbols of speculative bubbles. However, if we reinterpret Memes from the perspective of cultural participation and incentives, it essentially becomes a form of decentralized Consensus generation. When this Consensus can be measured, incentivized, and shared in a clear manner, it has the potential to escape the past fate of being "used and discarded" and become a vibrant form of network cultural capital.
MemeCore proposes a way for Memes to "live on" through its PoM mechanism. It does not aspire for Meme coins to become stablecoins, DeFi protocols, or infrastructure networks, but instead attempts to move Memes from the "end of attention" to the "entrance of cultural collaboration."
Meme 2.0 and PoM attempt to transform cultural expression into economic collaboration, translate dissemination behavior into incentive channels, and convert short-term attention into long-term network effects. It presents a new topic for the crypto industry: if culture itself can generate value, then it should also have its own blockchain Consensus and resource allocation logic.