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Home News NFT News

Meme-Based Token Market To Get Integration of Polygon by Meme.com

Mohamed Faisal by Mohamed Faisal
August 4, 2021
in NFT News, Token Sales News
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Meme-Based Token Market to get Integration of Polygon by Meme.com

Meme-Based Token Market to get Integration of Polygon by Meme.com

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Polygon announced today that it has launched Meme.com, a marketplace for memo-based NFTs and tokens, in collaboration with Polygon Studios. So that users may track the perceived worth of memory and exchange Meme Tokens on their site, Meme.com has developed a new meme-centered investing mode.

Additionally, Polygon already works with Deentraland, Opensea, SandBox, Somnium Space, and Decentral Games. So Meme.com chose Polygon to promote the meme marketplace’s broad acceptability.

Through Meme.com, users may build their Meme Token portfolio, sponsor their favourite memes, and win prizes. Users mint tokens based on the mem’s perceived value, while others put them for additional advantages. Popular products include Doge, Harold, Pepe, Distracted Boyfriend, Grumpy Cat, etc.

Polygon Studios will assist the Meme.com Team with $100 million in investment, marketing, technology, and community support.

Johan Unger, Co-Founder of Meme.com, said: “We want meme aficionados to be able to have fun with their passion, while also being able to monetize it. We believe bringing the worlds of memes, tokens, and NFTs together could unlock a new form of content creation, and curation – that rewards people both creatively and monetarily.”

This year, several renowned memes were sold for a fortune. Shibu Inu is the famous and beloved doge who created the first Meme tokens, Dogecoin. This is the most expensive meme ever sold in Ethereum, at $4 million. “Nyan Cat” meme went for $590,000, while “Disaster Girl” fetched $500,000!

Investments and Scalability

Meme.com introduced MarbleCards in January 2019, a platform that lets anybody create unique digital NFT cards using URLs. Each site can only be accessed once per person. Thus the NFT for that URL will always be requested.

Outlier Ventures, the Digital Financial Group, Morningstar, Blockhype, and Spark Digital Capital invested $6 million in Meme.com this year. Investors include Gabby Dizon, CEO of Altitude Games, and Sandeep Nailwal, co-founder of Polygon.

Scalability and reliability are critical to the DeFi, gaming, and NFT communities’ development and acceptability. Polygon is Meme.com’s apparent choice to seamlessly integrate DeFi, gaming, and NFT to establish the Meme Token exchanges.

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