Memecore is a blockchain-based gaming platform that combines meme culture with decentralized gaming experiences. It aims to create an ecosystem where players can engage with meme-inspired games while earning rewards through various gameplay mechanisms. ^[2]​

Overview

MemeCore is a Layer-1 blockchain platform founded by Jun Ahn that focuses on infrastructure for meme-related digital assets and decentralized applications. The network was developed to support the creation, distribution, and governance of meme tokens and community-driven projects within Web3 ecosystems, with an emphasis on online participation and cultural engagement. Unlike applications built on existing blockchains such as Ethereum, MemeCore operates as an independent blockchain network designed specifically for projects centered on internet meme culture and digital communities.

The platform incorporates several systems intended to support participation and ecosystem development. Its consensus and incentive mechanism, known as “Proof of Meme,” links network rewards to activities such as token transactions, staking, and community engagement. MemeCore also promotes a framework referred to as “Meme 2.0,” which emphasizes sustained community participation and project development within Web3 environments. Additional on-chain features, including token vaults and grant reserves, are designed to provide resources for the launch and growth of new meme-related projects and decentralized applications on the network. ^{[1] [4]}​

Features

Meme 2.0

Meme 2.0 is a conceptual framework introduced by MemeCore that aims to redefine how meme coins generate and sustain value within crypto ecosystems. It positions meme coins not purely as speculative assets, but as part of a “viral economy” where cultural participation is directly linked to economic incentives. The model is built around the idea that value should come from user-driven activity rather than short-term trading dynamics. At its core, Meme 2.0 links on-chain rewards to three main forms of participation: content creation, social engagement, and blockchain transactions. Instead of relying primarily on price speculation, the system is designed to distribute value based on measurable community activity. This shifts meme coins toward a structure where engagement and cultural contribution are treated as economic inputs within the token system. The framework is presented as a response to common limitations in earlier meme coin cycles, where value was often driven by hype and short-lived trading momentum without sustained utility or participation incentives. Meme 2.0 proposes a structure where community-driven growth, rather than price alone, becomes the primary measure of success, with token systems designed to reinforce ongoing cultural activity over time. ^[15]

Proof of Meme Consensus

Proof of Meme (PoM) is MemeCore’s custom-built consensus mechanism that merges aspects of Proof of Stake (PoS) and Proof of Authority (PoA), designed to support validator governance and meme token integration. The system operates through epochs—defined time intervals, such as a day—during which a designated set of validators produce blocks using a PoA-style method. After each epoch, the validator set is refreshed through a governance-controlled delegation contract. This setup allows for consistent block production and validator rotation, aiming to maintain network decentralization and efficiency. ^[6]​

Reward Generation

Block rewards are generated by minting MemeCore’s native token, M and pay a registration fee. Initially, the validator set is capped at 100 participants. Registered validators can exit the system and reclaim their stake, although a lock-up period may be introduced later. ^[6]​

Delegation Methods

Delegation mechanisms allow both EOAs and contract addresses to stake M may be partially forfeited, and they can be excluded from upcoming validation rounds. Users must initiate specific transactions through the reward distribution contract by staking or withdrawing tokens to access rewards. An ERC-20 vault holds 5% of each token’s total supply deployed on MemeCore, with token contracts required to be open-source and multisig-approved before inclusion. These ERC-20 tokens are gradually released to stakers over a long-term vesting period, initially set to 1,000 days. Governance retains the authority to modify this period. The PoM structure reinforces network security and incentivizes active participation through flexible delegation, performance accountability, and a collaborative governance framework. ^[6]​

Validator

MemeCore’s validator network operates under the Proof of Meme (PoM) consensus, prioritizing short block times and low transaction fees. Validators are selected based on the amount of staked assets, with those with the highest stakes eligible to produce blocks. To ensure system integrity, the network incorporates slashing mechanisms, such as penalties for double-signing, to maintain security and stability. A real-time election process selects the top seven validators for block production, with the list refreshing every 10 blocks, approximately every 70 seconds. Candidates must first stake a predefined amount to qualify for selection.

​Validators on MemeCore confirm transactions and produce blocks, contributing directly to the network’s performance and security. These nodes perform essential tasks that uphold the chain’s reliability. In exchange for their participation, validators receive $M token rewards. Both validators and their delegators earn dual incentives—M per block) proportionally based on the amount staked. This structure supports an equitable reward system across all participants contributing to the network. ^[7]​

Staking & Delegating

MemeCore’s staking and delegation system enables token holders to support validators and earn rewards. Validators are ranked based on the total amount staked by delegators, with the top seven becoming active validators eligible to produce blocks and earn rewards. Others remain as candidate validators who cannot produce blocks but can still receive delegations to improve their ranking. Rankings refresh every 10 blocks, ensuring a dynamic and competitive selection process.

Delegators can stake M, and 25% to those who staked meme coins. Validators must meet a minimum self-delegation requirement to register, and delegators receive Xtokens as proof of their stake, which can be used within the ecosystem. External projects can also provide ERC-20 tokens for distribution through a separate reward contract using the same formula. ^[8]​

Dual Rewards

MemeCore’s dual reward system distributes both M validators and their delegators receive 75%, with distribution based on how much M—to register, while delegators who support them pay a 10% commission on their earned rewards to these validators. The block proposers' selection and reward sharing are tied to staking levels and validator performance.

Meme delegators—those staking meme coins rather than $M—receive 24% of the block rewards. These rewards are equally distributed per validator node and adjusted according to each meme coin’s market cap. The system uses weighted quantities to balance price differences between meme tokens. Meme delegators also pay a 15% commission to validators. An additional 1% of block rewards is awarded to validators and their delegators if their chosen validator is selected to produce a block. All reward ratios, staking requirements, and supported meme tokens are subject to change through governance. ^[9]​

M

$M is the native token of the MemeCore ecosystem and plays a central role in its operations. It is used to pay transaction fees on the MemeCore mainnet. It is the primary staking currency for participating in the Proof of Meme (PoM) consensus for validator registration and delegation. Beyond its technical functions, M to be eligible for block production, while delegators use it to support validator rankings. Additionally, governance functionality for $M is planned for future implementation, potentially allowing holders to influence the development and direction of the network. ^[12]​

Tokenonmics

M has a total supply of 10B tokens and has the following allocation:

• Community: 58%
• Foundation: 15%
• Core Contriubutor: 13%
• Investor: 12%
• Meme Treasury: 2%

Funding

On March 27th, 2025, MemeCore announced it has received strategic investment from several prominent blockchain venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, CatcherVC, K300 Ventures, WAGMI Ventures, and Click Capital. These investments are intended to support the development of MemeCore’s blockchain infrastructure, expand its ecosystem, and assist in incubating emerging meme coin projects. ^[13]​

Ecosystem Grants Program

MemeCore provides a sustainable launch strategy that aligns funding with performance-driven milestones, ensuring projects successfully launch in the Web3 space, backed by a commitment of 300,000,000 $M tokens to MemeMax and $7 million dollars to MemeX. ^[14]

Partnerships

• Mew
• SlerfTools
• Card3
• ByBit
• Andy
• AI101 Labs
• ARC
• Pentagon Games
• Etherscan
• iZUMi Finance
• SQD
• Meson Finance
• Card3
• Keplr
• CertiK
• PixelSwap
• Memelend
• D'CENT
• Kindred AI
• Alchemy Pay
• Sidekick
• AEON
• Chartoshi
• DDDD
• TokenPlay
• Binance Alpha
• Bitget
• Kraken
• Gate
• HTX
• MEXC
• Bingx
• Hashkey
• Bitmart