MemeCore (M): L1 blockchain with innovative meme coin mechanics
MemeCore (M) isn’t your typical meme coin project. It’s the world’s first Layer 1 blockchain built specifically for the Meme 2.0 era, a bold reimagining of what meme coins can become. Instead of chasing short-term hype, MemeCore turns internet virality into a sustainable, community-powered economy. Backed by top-tier venture capital and listed on major exchanges, it offers a unique incentive model that rewards creators, traders and stakers alike.
In this article, we’ll break down what MemeCore is, how its Proof of Meme (PoM) system works, what sets it apart from other blockchains and how to trade M on Bybit.
Key Takeaways:
MemeCore is the first Layer 1 blockchain designed to transform meme coins into long-term cultural and economic assets.
The M token powers staking, governance and rewards through MemeCore’s Proof of Meme system, which focuses on viral participation.
Traders can access M/USDT Perpetual contracts on Bybit with up to 50x leverage in the Innovation Zone.
What is MemeCore (M)?
MemeCore is the first Layer 1 blockchain designed from the ground up to power Meme 2.0, a new generation of meme coins built around cultural relevance, community rewards and long-term utility. Unlike traditional meme coins, which are driven purely by speculation, MemeCore shifts the focus to value creation through on-chain activity, content virality and governance.
At the heart of this ecosystem is the M token, which fuels the MemeCore network. It’s used for gas fees, staking, governance participation and distributing rewards through MemeCore’s unique PoM model. As more meme-native projects launch, demand for M is rising along with user engagement, making MemeCore a foundational engine of the Meme 2.0 viral economy.
What is Meme 2.0?
Meme 2.0 is a movement to redefine meme coins as lasting cultural assets, instead of just short-lived trends. In this model, meme coins act as engines of creativity, governance and community value. They reward real participation, such as meme creation, social engagement and on-chain activity, turning virality into a measurable economic force. Meme 2.0 empowers users to build and benefit from the culture they help create, driving long-term ecosystem growth.
The team behind MemeCore
MemeCore was founded by Jun Ahn, a blockchain entrepreneur and former founder of 0xLootBox. His experience includes leadership roles at Ledger, bringing depth to MemeCore’s Layer 1 vision.
He’s joined by Cherry Hsu, Chief Business Development Officer, who brings over seven years of game development and marketing experience. Hsu holds a master’s degree in computer science from Chang Gung University in Taiwan.
How does MemeCore work?
MemeCore runs on a novel consensus mechanism called Proof of Meme (PoM). It rewards all kinds of participation, meme creation, staking, trading and governance, making every user action part of the network’s growth.
MemeCore’s key components include the following:
Proof of Meme (PoM): A next-gen consensus model that rewards viral content and on-chain engagement.
Meme Vaults: Automatically created smart contracts for each new MRC-20 token, used to track contribution and distribute rewards.
Viral Grants Reserve: 10% of block rewards are allocated to a grant pool for high-traction projects.
Meme (MRC-20) Reserve: Five percent of each new token’s supply is reserved for staking rewards:
1% to M stakers
4% to meme stakers
Together, these tools turn every interaction into a building block of MemeCore’s viral economy.
MemeCore (M) token utility and tokenomics
The M token powers the entire MemeCore ecosystem. Its main functions include the following:
Gas fees for on-chain transactions
Staking to secure the network and earn rewards
Governance to vote on proposals
Reward distribution via PoM and Meme Vaults
M has a maximum supply of 10 billion tokens, with over 1.6 billion currently in circulation. As more users engage with meme-native projects, demand for M is expected to rise.
Where to buy MemeCore (M)
You can buy or trade MemeCore (M) directly on Bybit. The M token is listed in the Innovation Zone under the MUSDT Perpetual contract, offering up to 50x leverage. This listing allows traders to gain exposure to one of the fastest-growing meme-focused Layer 1 projects without needing to access any external wallets or apps.
How to trade MemeCore (M) on Bybit
Getting started with M Perpetual futures is simple:
Log in to your Bybit account (or sign up if you’re new).
Complete KYC (Identity Verification Level 1).
Deposit USDT into your Derivatives Account.
Navigate to the Derivatives tab and select MUSDT.
Set your leverage, order type and trade size, and then confirm your order.
Conclusion
MemeCore is redefining meme coins with its Meme 2.0 vision of a Layer 1 blockchain where culture meets value creation. Backed by an innovative Proof of Meme model and active community rewards, M is more than a token: it’s a movement.
Ready to dive in? Start trading MUSDT now on Bybit and join the Meme 2.0 revolution!
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