While the cryptocurrency market sees a temporary pause in the meme coin frenzy, the wave of Pepe imitations remains relentless. Some critics argue that this resembles a gambling-like, speculative cryptocurrency craze, raising concerns about yet another wave of virtual asset speculation. However, various meme coins continue to appear, and many are attempting to incorporate the core purposes and functionalities of blockchain technology.
Take the popular meme coin ‘MEMEVENGERS’ as an example. This coin, officially known as $MMVG, is the first group-style meme universe coin that unites seven well-known meme coins in a manner reminiscent of the movie ‘Avengers.’ Since its introduction last month, MEMEVENGERS has gained immense popularity, experiencing a surge of over 28,000%. Furthermore, the coin is drawing attention due to its upcoming listings on five centralized exchanges in July and becoming the first meme coin to offer an NFT membership service.
As of now, the specific exchange listings for MEMEVENGERS remain undisclosed, adding a layer of curiosity for followers. The announced listing schedule begins on July 18th, with subsequent listings occurring every three days for a total of five listings.
What makes MEMEVENGERS unique is its inclusion of an NFT membership service, which incorporates current market trends like Web3, metaverse, and play-to-earn (P2E). The NFTs that grant access to this membership will be distributed in three stages: an initial whitelist eligibility phase, a presale phase, and a public sale phase.
The NFT membership offers five benefits, such as access to exclusive Discord channels, governance participation rights, and involvement with Sandbox land purchases and operations, including the distribution of land operation profits. Notably, NFT members gain decision-making power over key ecosystem operations through off-chain governance, and operating profits are shared among members. This approach signifies MEMEVENGERS’ attempt to achieve a true Web3 ecosystem realization.
As the future of MEMEVENGERS unfolds, this meme coin sheds light on the potential future for other such coins. Detailed information about exchange listings and NFT memberships can be found through MEMEVENGERS’ official Twitter channel. While the popularity of meme coins has created a speculative cloud, projects like MEMEVENGERS demonstrate the possibilities for incorporating blockchain technology’s core values and functionality, proving that there is more to the story than mere gambling and speculation. Keep an eye on the market conditions and conduct thorough research prior to investing in cryptocurrencies, as personal financial losses remain the responsibility of each investor.
Source: Coingape
