Binance Labs Invests in MEME, the Native Token of Memeland from the Creators of 9GAG

2024-01-04

Binance Labs, the venture capital and incubation arm of Binance, has invested in Memecoin (MEME), the native ecosystem token of Memeland. Memeland’s core focus is on building and investing in SocialFi and creator economies with the aim of connecting creators and communities through its MEME token and NFTs by leveraging the meme internet culture. 

Memeland serves as an independent Web3 venture studio of 9GAG, a popular meme platform with a monthly audience of 200 million users worldwide across its channels. The team behind Memeland has over fifteen years of experience building community-based products with the mission of bringing ownership to every community in the world.

Beyond its NFTs and MEME token, Memeland offers MEME Farming and has plans to introduce several upcoming features and services. These features are aimed at enhancing user experiences and promoting community involvement, including unique NFT staking mechanisms, social networks for community members to collaborate, and liquid staking of ETH. The vision is for Memeland to evolve into a fully-decentralized, community-driven platform, where current NFT holders will have access to govern the Memeland DAO.

About Memecoin (MEME)

Memecoin (MEME) is the native token powering Memeland’s NFT ecosystem. Memeland is the independent Web3 venture studio of 9GAG that focuses on building and investing in SocialFi and the creator economy, with the goal of connecting creators and communities through its MEME token and NFTs.

Disclaimer: The content on this article has been prepared solely for informative purposes and should not be the basis for making investment decisions or be construed as a recommendation to engage in investment transactions or be taken to suggest an investment strategy in respect of any financial instruments or the issuers thereof.

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