MemeCore (M) Cryptocurrency: Comprehensive Overview
Core Definition and Technology
MemeCore is the first Layer 1 blockchain, built for Meme 2.0 — a new paradigm where meme coins transcend speculation to become engines of culture, value, and community coordination. The blockchain is Ethereum Virtual Machine (EVM)-compatible, allowing seamless migration of Ethereum developers and tools.
Blockchain Architecture
Network Infrastructure
As an EVM-compatible Layer 1, MemeCore is designed for high-throughput, meme-centric activity, from token launches and trading to games, NFTs, and social applications, with the network optimized so that traders, stakers, validators, and creators can all operate in a single shared environment built specifically for Meme 2.0 use cases.
Consensus Mechanism
MemeCore's hybrid consensus mechanism, PoM, merges delegated Proof-of-Stake (dPoS) with Proof-of-Authority (PoA), with validators staking 7 million $M to propose blocks, delegators earning rewards by staking $M or approved meme coins, and 75% of block rewards going to $M stakers, 24% to meme token delegators, and 1% to proposers.
At the heart of MemeCore is its unique consensus mechanism called Proof of Meme (PoM), an EVM-compatible system that lets users delegate memecoins from various blockchains to validators, with users receiving dual rewards: $M tokens and MRC-20 tokens.
Primary Use Cases and Applications
Viral Economy Framework
MemeCore aims to shift meme coins from speculative assets to cultural engines by embedding social engagement into blockchain mechanics, with its "viral economy" quantifying meme creation, remixing, and distribution, rewarding users with $M tokens and project-specific MRC-20 tokens.
Ecosystem Tools
Tools include AntsMaker for crafting digital assets, a DEX based on Uniswap v3 for smooth liquidity, and an EcoFund for incubating new meme projects. MemeCore gives projects tools to build, reward, and govern meme communities natively on-chain through MemeX (a no-code launchpad), MRC-20 token standards, and an on-chain contribution protocol that tracks influence and activity.
Meme Vault Mechanism
Each new meme coin automatically creates a "Meme Vault" that allocates 5% of its supply to reward contributors over 1,000 days, fostering longevity. To incentivize growth, MemeCore allocates 10% of block rewards to a Viral Grants Reserve, and if a Meme Vault meets specific evaluation criteria—such as community size, transaction volume, or total value locked—it becomes eligible to receive a grant.
Founding Team and Project History
Leadership
The project emerged in late 2024 under CEO Jun Ahn, who previously founded 0xLootBox investment network and worked at Ledger and Chains.Asia, with Cherry Hsu as Chief Business Development Officer bringing seven years of IT startup marketing experience and a Computer Science master's from Chang Gung University in Taiwan.
Rudy is the Chief Growth Officer at MemeCore, formerly the CEO of Karat DAO, a decentralized data identity protocol, holding a bachelor's degree in Finance from the University of Southern California, USA.
Project Timeline
Launched in February 2025, it's a full-fledged Layer 1 blockchain built specifically to transform viral internet memes into sustainable economic value. Their strategy began with Memes.War, a Telegram mini-app launched in November 2024.
Tokenomics
Supply Structure
$M has a capped supply of 10 billion, with 58% allocated to community incentives. As of July 28, 2025, approximately 1.57 billion tokens are in circulation (15.79% of total supply), with the remaining tokens locked under various vesting schedules extending through 2032.
Token Distribution
MemeCore's tokenomics structure demonstrates a community-first approach: Community: 58% (2.9 billion tokens) - The largest allocation goes directly to community members through airdrops, rewards, and ecosystem participation; Foundation: 15% (750 million tokens) - Allocated for long-term ecosystem development and operations; Core Contributors: 13% (650 million tokens) - Team allocation with extended vesting periods; Investors: 12% (600 million tokens) - Strategic investor allocation, lower than typical projects; Meme Treasury: 2% (100 million tokens) - Reserved for meme-specific initiatives and rewards.
Deflationary Mechanics
Deflationary mechanisms include burning transaction fees and locking tokens via staking. Gas fees collected are partially recycled into Proof of Meme reward pools, ensuring active contributors benefit from network activity rather than just validators.
Network Security Model
Validator Requirements
Validators must stake $M to be eligible for block production, with higher stakes increasing the probability of becoming a block proposer, and delegators can assign their stake to validators and earn proportional rewards, encouraging decentralized network participation.
Governance
Governance is decentralized, with validators and delegators voting on protocol upgrades and meme coin eligibility for staking.
Key Partnerships and Ecosystem Integrations
Strategic Partnerships
Partnerships with players like Four.Meme, Pentagon Games, SQD, and MemeForest add cross-chain magic and gaming elements, making MemeCore a hub for interoperability.
A strategic partnership with Neo Blockchain is helping develop cross-chain infrastructure and technical upgrades.
Venture Capital Support
On March 27th, 2025, MemeCore announced it has received strategic investment from several prominent blockchain venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, CatcherVC, K300 Ventures, WAGMI Ventures, and Click Capital, intended to support the development of MemeCore's blockchain infrastructure, expand its ecosystem, and assist in incubating emerging meme coin projects.
Payment Integration
MemeCore partnered with crypto payment gateway Alchemy Pay to integrate $M into its fiat on-ramp, allowing direct purchases using credit cards and mobile wallets, following MemeCore's expansion into Asia and aligning with its goal to transition meme coins into utility-driven assets.
Competitive Advantages and Value Proposition
Differentiation from Traditional Meme Coins
MemeCore's protocol-driven model introduces technical and economic frameworks to stabilize value, with key differentiators including PoM Consensus that rewards cultural contributions reducing reliance on speculative trading, Deflationary Tokenomics that burns and locks supply to counteract inflation, and Ecosystem Utility with tools like MemeX and Everyswap creating real-world use cases for meme tokens.
Community-Centric Model
The platform's adoption includes over 191,000 verified users, strategic partnerships across gaming and DeFi, and a token distribution that puts 58% of supply in community hands rather than venture capital firms.
Current Development Activity and Roadmap
Near-Term Initiatives
MemeCore's roadmap balances short-term liquidity drives with long-term regulatory expansion: Korean VASP Compliance (Late 2025) – Finalizing KOSDAQ acquisition for KRW/$M swaps; MemeX Ecosystem Expansion (2026) – Broadening Proof-of-Meme rewards to more tokens; Asia Market Entry (2026) – Launching in Japan/Singapore via partnerships.
Infrastructure Development
The team also plans to launch MemeChain side projects, further develop its creator economy tooling, and complete its South Korea expansion via the acquisition of a KOSDAQ-listed company.
Ecosystem Growth
With over $2.7M in campaign rewards, increasing DApp integrations, and VC support, Memecore is aiming to define the Meme 2.0 era—not just ride it.
Market Position
The current CoinMarketCap ranking is #41, with a live market cap of $1,660,950,209 USD. The token trades on major exchanges including Binance Smart Chain, with active trading pairs on platforms such as MEXC, Bitget, and Kraken.