To boost the flagging meme coin market, TON Foundation introduced Memelandia last week. In a press release, the TON Foundation acknowledged that institutional investors have shied away from meme coins due to their negative reputation. With Memelandia, TON Foundation invites these big players into the meme coin community, aiming to change their perception.
TON’s Memelandia: A Closer Look
The TON Foundation has declared that Memelandia serves as a focal point for meme coins and community tokens within its network. At the heart of Memelandia lies the inspiring force behind the Web3 movement. In this vibrant ecosystem, chosen communities are invited to join ‘The Open League,’ a competitive platform where they can contend for incentives and the esteemed title of leading meme coin and community token on TON.
The TON Foundation’s effort in supporting this project highlights their dedication to helping initiatives that don’t have recognized uses within the institutional world, as is typically the case.
An early endeavor by the TON Foundation named Notcoin was once dismissed in the crypto world due to a perceived lack of utility. Yet, Notcoin proved to be a groundbreaking platform for Web3 adoption, eventually connecting with an impressive user base of 30 million people. In today’s landscape, Notcoin is recognized as one of the most widely-played Web3 games and remains a significant milestone in achieving the TON Foundation’s goals.
In Memelandia, projects are carefully evaluated based on essential metrics like total value locked, number of holders, DEX transaction volume, and airdrop distribution. This provides valuable information for both enthusiasts and investors.
TON Facilitates Meme Coin Launching
After the significant announcement by the TON Foundation, users were reassured that creating a meme coin on TON has become more achievable than before, without the need for any coding skills. Moreover, the company stated that designing and minting projects can be easily done using various user-friendly tools. These options include no-code solutions, open-source templates, and customized projects based on one’s expertise.
After the process ends, it’s the user’s turn to choose between holding a public sale or opting for a pre-sale. Following this decision, users have the flexibility to explore airdrops and utility functions, as well as create Telegram Mini Apps to boost engagement.
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2024-04-16 17:32