What is MemeCore (M)?

MemeCore (M) brings the vibrant energy of internet humor directly into the ecosystem and stands out as a Layer-1 network dedicated to meme coins. MemeCore offers a custom-designed infrastructure for meme communities, aiming to break short-lived speculation cycles and transform this culture into a more sustainable asset. Let's explore what MemeCore offers and how it transforms the meme economy.

MemeCore's Definition and Origins

MemeCore stands out as a Layer-1 blockchain network dedicated to meme coins, bringing together content creators and communities through memes and DApps. Its EVM compatibility allows it to work directly with Ethereum-based applications. MemeCore's goal is to create a true "playground" within the blockchain ecosystem for meme communities. Unlike general-purpose networks, it focuses entirely on meme culture, aiming to build a "kingdom of memes" through high performance, low transaction fees, and special incentives.

MemeCore's emergence is directly linked to the meme coin boom of the mid-2020s. 2024, in particular, was a boom year for this market: the total market capitalization of meme coins rose from $20 billion in 2023 to $140 billion in 2024, growing by approximately 600%. During this period, at least eight meme coins entered the top 100 cryptocurrencies by market capitalization. The Solana network, thanks to its high speed and low fees, became a favorite for meme coin projects.

However, this growth was plagued by a major problem: research showed that 97% of meme coin projects failed within the first year. Many were short-term, "pump-dump" projects that lasted only a few days. In other words, meme coins attracted community attention but quickly fizzled out without generating lasting value.

MemeCore was launched in early 2025 to address this very problem. The founding team wanted to transform the meme coin craze into a sustainable community economy. MemeCore, whose mainnet launched on February 12, 2025, redefined the classic incentive structure with its unique Proof of Meme (PoM) consensus model. In this model, users contribute to the security of the MemeCore network by using meme coins across different chains and earn rewards in return. This way, MemeCore aims to establish a new blockchain system where meme coins are no longer just "joke tokens" but instead transform cultural participation into real value.

MemeCore's History: Key Milestones

The best way to understand a blockchain project is to look at how it evolves. From the first steps in 2024 to the major launches in 2025, you can see each phase below:

2024 - Concept and Testing

Recognizing a gap in the memecoin ecosystem, the team focused on developing MemeCore's core concept and technical architecture throughout 2024. During this period, the first testnet trials of Proof of Meme (PoM) consensus were conducted, and valuable feedback was gathered from the community. This early feedback played a key role in shaping the project's direction.

February 12, 2025 - Mainnet Launch

Following a lengthy testing period, MemeCore officially launched its mainnet on February 12, 2025. This was the birth of the first independent Layer-1 blockchain network dedicated to memecoins. The launch also saw the implementation of EVM compatibility. This allowed DApps in the Ethereum ecosystem to easily integrate into the MemeCore network.

March 27, 2025 - Strategic Investment Round

The most significant development following the Mainnet launch was the project's acquisition of investment from leading funds in the industry. The MemeCore team received strategic support from prominent investors such as IBC Group, Waterdrip Capital, Catcher VC, K300 Ventures, AC Capital, and WAGMI Ventures. While the amount was not disclosed, their involvement clearly demonstrated confidence in MemeCore's vision. CEO Jun Ahn emphasized that this investment further accelerates their goal of "establishing a decentralized playground for the meme community."

First ecosystem partnerships (Spring 2025)

Following the investment round, the team focused on collaborations to strengthen the infrastructure. The partnership with the NEO blockchain aimed to expand the cross-chain functionality of PoM consensus. At the same time, regulatory and capital support agreements were signed with PrestoLabs. Additionally, thanks to the Meson Free Bridge integration, the $M token became portable to the BNB Chain network. These steps played a significant role in MemeCore's evolution from a "single-chain" project to a multi-chain ecosystem.

July 3, 2025 - Exchange Listings

MemeCore's native token, $M, was simultaneously listed on multiple centralized exchanges on July 3, 2025. It began trading on major platforms such as Binance (Innovation Zone), Kraken, Bitget, BingX, HTX (Huobi), MEXC, and HashKey. Trading volumes on the first day of the listing reached millions of dollars—for example, $10.2 million on Bitget and $3.2 million on MEXC in 24 hours. This step marked a turning point in MemeCore's opening up to a global investor base.

Summer 2025 - Community Campaigns and Growth

In June-July 2025, MemeCore launched a fun campaign called "Proof-of-Shit," blending humor and community energy. This event, run in partnership with the Kaito platform, quickly went viral and topped Kaito's engagement charts. A total of $700,000 in prizes were distributed to participants. The team also increased the project's global visibility by performing at major events such as Token2049 Dubai and Korea Blockchain Week (KBW).

Fall 2025 - Ecosystem Expansion and New Partnerships

According to official information released in September 2025, MemeCore completed its infrastructure to address the volatility and short lifespan of the meme coin market. Around the same time, it received a strategic investment from Klein Labs. Driven by these developments, the $M token reached an all-time high of $1.15 by the end of August 2025—an increase of approximately 2,400% compared to its listing price. As of November 2025, the M coin price is at $2.42.

Why Is MemeCore Important?

Many factors need to be considered to understand the importance of MemeCore.

Infrastructure Specific to the Meme Ecosystem

MemeCore's most striking aspect is its design as a blockchain focused entirely on vertical specialization. General-purpose networks like Ethereum or Solana can host meme coins, but MemeCore stands out as the first Layer-1 blockchain dedicated solely to memes. This approach aims to surpass general-purpose chains in performance optimization, low transaction fees, and community-centric tools.

Sustainability and Community Incentive

Classic meme coins often emerge as short-lived memes or speculation, then quickly fade away. MemeCore was developed to break this cycle. Thanks to the Proof of Meme (PoM) mechanism, community participation and cultural production are directly rewarded. This means that anyone who shares, produces, or popularizes a meme can earn a share of the reward pool, not just developers or early investors.

This model transforms today's "attention economy" into tangible value on the blockchain. For example, at MemeCore, the Meme Vault, created for each newly minted meme token, serves as a reward pool for the project's sustainability. As community engagement increases, distributions from this pool also increase. This allows the project to sustain its lifecycle not only through price speculation but also through community engagement.

Measuring Cultural Value and Rewards

Another innovation at MemeCore is its ability to measure a meme's cultural impact and distribute rewards accordingly. PoM consensus analyzes social media engagement, on-chain activity, and even specific AI indicators surrounding a meme coin to gauge its "viral" nature. This way, block rewards are determined not only by stake but also by the level of cultural contribution.

The essence of this system is: "The more resonant the meme, the more rewards it receives." This discourages short-term price manipulation while encouraging long-term community engagement.

Ecosystem and Interoperability

MemeCore, with its EVM-compatible architecture, works fully in harmony with Ethereum-based smart contracts. This provides great convenience for developers; DApps currently running on Ethereum can be quickly ported to MemeCore.

The project also has a structure centered around cross-chain interaction. The bridge established with BNB Chain and the technical collaboration with the NEO network demonstrate that MemeCore is progressing toward becoming a hub that connects different blockchains.

Market Excitement

MemeCore quickly attracted the attention of both investors and the community. The listing of its $M token on major exchanges and its rapid price performance served as a concrete indicator of confidence in the industry.

However, the real excitement was generated by MemeX, one of the first applications built on MemeCore. This social platform allowed users to issue their own meme tokens simply by sharing a post. The value of the top 10 tokens on MemeX quickly increased by over 8,000%, and the total number of users exceeded 190,000.

MemeCore's Token Economy

The most important element that makes MemeCore unique is its Proof of Meme (PoM) consensus mechanism, which offers a creative twist on the classic Proof of Stake (PoS) structure. This model ensures network security not only through the participation of $M tokens but also through the participation of meme coins across different chains.

Consensus mechanism: Proof of Meme (PoM)

PoM allows users to contribute to the network by staking both $M and selected meme coins. Nodes that have staked at least 7 million $M can become validators. The network selects and dynamically updates the top seven validators with the highest stakes approximately every 70 seconds.

What sets PoM apart is that popular meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) can be delegated through MemeWhiteList. This unites different communities under one roof, transforming MemeCore into a multi-chain security and incentive network.

Dual Rewards System

For each block, rewards are distributed from both $M and the delegated meme coins.

• 99% of block rewards are shared equally among active validators, with a 1% bonus awarded to the validator who produced the block.
• 24% of the rewards earned by validators are distributed to meme coin delegators (15% of the rewards go to the validator as a commission).
• 75% goes to $M delegators, and 10% of their earnings are transferred to the validator as a commission.
• In this model, both $M holders and different meme coin communities earn rewards by contributing to the network.

Meme Vault Mechanism

Every time a new meme coin is mined, 5% of its total supply is automatically locked in a "vault" contract. This fund is distributed gradually to the community over 1,000 days. Meme Vault provides a sustainable source of incentives for projects and allows the community to receive rewards for long-term engagement.

$M Token Economy

$M is limited to a total supply of 10 billion. As of September 2025, the circulating supply is approximately 1.03 billion $M. The distribution is designed to be community-driven:

• 58% community incentives (PoM, ecosystem rewards)
• 15% foundation and team
• 13% core contributors
• 12% investors
• 2% MemeCore treasury

Furthermore, a portion of transaction fees are burned on the network, creating a deflationary effect. Staking locks also reduce the circulating supply, supporting the long-term value of $M.

MemeCore leverages Ethereum's security model with its EVM-compatible architecture. While high performance is targeted with only seven active validators in the early stages, plans are to increase the number of validators in the long term. This maintains a balance of both speed and decentralization.

MemeCore's Use Cases

MemeCore isn't just a theoretical blockchain; it's a rapidly growing ecosystem with active applications and community-driven projects. Below, you can find the main use cases and projects built on MemeCore:

Social token platform: MemeX

MemeCore's first and most popular application, MemeX, combines social media interaction with blockchain. Users can issue their own meme tokens, just like sharing a post. Thanks to the "bonding curve" mechanism, the token price increases with the popularity of the content, and the demand. Furthermore, users can stand out within the community through sponsorships, leaderboards, and engagement rewards. Despite being in beta, MemeX has quickly reached over 190,000 users, making it a flagship platform within the ecosystem.

Easy Token and NFT Creation: PUPA

PUPA is a simple tool that allows users to create MRC-20 tokens or NFTs in seconds, without coding knowledge. While currently in the testnet phase, it makes it easier for users to quickly bring their ideas to the blockchain. This feature supports a "fast build - fast test" culture, especially for creative communities.

Decentralized Exchange: Everyswap

Everyswap, which forms the ecosystem's liquidity infrastructure, is based on an AMM (automated market maker) model similar to Uniswap v3. Users can buy and sell tokens here, provide liquidity to pools, and earn a share of transaction fees. Popular pairs like $M/USDT have high trading volume.

Staking and delegation platform: MemeCore Stake

MemeCore Stake is a practical reflection of the PoM mechanism. Users can earn returns by delegating their meme coins or $M tokens to listed validators. Commission rates, APY, and total stake information are transparently displayed on the platform. This allows investors to both earn passive income and contribute to network security.

Data and infrastructure services: MemeCoreScan & SQD

MemeCoreScan, the technical backbone of the ecosystem, provides the ability to monitor all transactions and contracts on the chain. Additionally, SQD, a decentralized data infrastructure, pulls data from over 100 blockchains, providing developers with fast and cost-effective access. This infrastructure increases the scalability and data transparency of DApps developed on MemeCore.

Gaming and entertainment applications

Because meme culture is intertwined with entertainment, MemeCore also hosts GameFi and community-based mini-game projects. For example, Memes.War, a Telegram-based "play-to-airdrop" game, allows users to earn rewards by playing meme-based games. Such projects demonstrate that MemeCore offers not only financial benefits but also an entertaining community experience.

Bridges and Multi-Network Support

MemeCore integrates with the BNB Chain network through the Meson Free Bridge, allowing for cross-chain transfers of $M tokens. In the future, bridges with networks like Ethereum and Solana are aimed at broader DeFi interaction. This multi-network support expands MemeCore's liquidity base and facilitates cross-ecosystem migration.

Who is the Founder of MemeCore?

MemeCore is backed by a visionary team with years of experience in the blockchain and crypto industries. The founding team possesses a strong balance of both technical infrastructure and business strategy. The team members are comprised of individuals who have previously led various Web3 startups.

• Jun Ahn (Founder & CEO): Jun Ahn, the founder and CEO of MemeCore, is a well-known entrepreneur and investor in the blockchain world. Before launching MemeCore, he founded 0xLootBox, a network that invests in early-stage Web3 projects. He also held key roles at hardware wallet giant Ledger and Chains.Asia, an Asia-based blockchain startup. Drawing on this experience, Jun Ahn shapes MemeCore's vision as "a next-generation blockchain that combines technology with community culture."
• Cherry Hsu (CBDO – Chief Business Development Officer): Cherry Hsu, who leads MemeCore's business development and strategy, holds a master's degree in computer science. With over seven years of experience in game development, IT startup marketing, and Web3 projects, he plays a key role in the ecosystem's growth. Cherry leads in areas such as expanding MemeCore's partnership network, establishing strategic partnerships, and increasing its global visibility.
• Rudy Rong (CGO – Chief Growth Officer): Rudy Rong is responsible for the project's growth strategies and is the former CEO of the decentralized identity protocol Karat DAO. He studied finance at the University of Southern California in the US and gained significant experience in the Web3 field by working on blockchain-based identity solutions. Responsible for MemeCore's community growth, user acquisition, and global marketing strategies, Rudy plays an active role in increasing the project's adoption.

In addition to these three individuals, the MemeCore team includes a diverse team of developers, designers, marketing experts, and consultants from various countries. The team prioritizes community management as much as technical innovation.

Furthermore, powerful investors such as IBC Group, Waterdrip Capital, Wagmi Ventures, K300 Ventures, and AC Capital are providing both financial and strategic support to the project.

Frequently Asked Questions (FAQ)

Below, you can find frequently asked questions and answers about MemeCore (M):

• What makes MemeCore different from other blockchains?: MemeCore is the first Layer-1 blockchain designed exclusively for meme coins and community-focused projects. Unlike public networks like Ethereum or Solana, its performance, transaction fees, and incentive model are completely optimized for the memecoin ecosystem. Thanks to the Proof of Meme (PoM) mechanism, users stake their meme coins to secure the network and earn double rewards. The ecosystem is also supported by social platforms, games, and creative tools, providing a dedicated space for meme culture.
• What is Proof of Meme (PoM) and how does it work?: PoM is MemeCore's consensus mechanism. Users can stake both $M tokens and specific meme coins. Validators with the highest stakes generate blocks and are rewarded with both $M and meme tokens in return. This ensures network security and connects different communities to the same incentive structure.
• What does the $M token do?: $M is MemeCore's native token and the cornerstone of the network. Transaction fees are paid with $M, used in the PoM staking process, and provide voting rights in governance. $M is also used to incentivize new projects, as well as in grants and bounty programs.
• How can I join the MemeCore network?: Participation is highly flexible. Developers can create new tokens or deploy smart contracts using the PUPA tool. Investors and users can earn rewards by delegating their meme coins or $M tokens to validators via MemeCore Stake. You can also earn tokens through social interaction by creating content on the MemeX platform.
• Is MemeCore suitable for individual users?: Absolutely. MemeCore is designed for individual users as well as large project teams. You can issue your own meme token, support the tokens of loved ones, or simply contribute to the growth of the ecosystem by purchasing $M. Thanks to its user-friendly interfaces, MemeCore offers a fun and engaging experience in the blockchain world.

You can find the most up-to-date analyses, user guides, and integration guides about MemeCore and similar innovative blockchain projects in our JR Kripto Guide series.