If consensus is the foundation of currency, then Memes may deserve a redefinition.

Written by: ChandlerZ, Foresight News

Meme coins have always been one of the most attention-grabbing yet easily overlooked asset types in the crypto world. On one hand, they can quickly activate market enthusiasm with extremely low barriers, leading to a surge in trading volume in a short period; on the other hand, most Meme coin projects have a very short lifecycle, lacking deep governance logic and value support, ultimately becoming consumables in speculative cycles.

Based on this, MemeCore has announced the launch of the "Proof of Meme (PoM)" mechanism, which, combined with its new generation Meme economic model "Meme 2.0" vision, opens up a new development path for the Meme coin ecosystem. Unlike traditional Meme projects that lean towards speculation and short-term price surges, MemeCore's core goal is to transform Memes into "sustainable cultural capital" and drive the formation of an extensible participation network among creators, communities, and protocols through a systematic on-chain incentive model.

The Short Cycle Dilemma of Meme Coins: Difficulty in Retaining Consensus, Sustaining Culture, and Lacking Incentives

The logic behind the popularity of Meme coins has always been clear: using community memes, emojis, and trending symbols to stimulate market sentiment in a short time, thus gaining high trading momentum. However, the essence of this mechanism is to use attention as fuel, and in the absence of subsequent mechanisms to sustain it, the enthusiasm quickly turns into selling pressure, leading to a sharp decline in community activity, making it difficult for projects to enter the next evolutionary stage.

The more critical issue is that past Meme coin projects have mostly failed to provide creators, disseminators, and ordinary holders with sustainable value participation paths. The decoupling of dissemination behavior from asset returns, and the lack of positive incentives for cultural participation and community collaboration, have led to the marginalization of many genuine content contributors, with discourse power instead concentrated in the hands of early coin holders and secondary market manipulators.

Therefore, the problem that MemeCore seeks to address is not "how to create the next hot topic," but rather how to provide continuous motivation for actors within the Meme coin ecosystem, enabling them to form content accumulation, incentive loops, and positive value cycles.

Meme 2.0: Transforming Cultural Influence into On-Chain Economic Capability

The "Meme 2.0" concept proposed by MemeCore is not a simple extension of traditional Meme gameplay, but a dual shift in narrative and model. It positions Memes as a type of cultural asset with collaborative and value-added capabilities, rather than a one-time emotional projection tool. The core idea is: if Memes can create resonance, they should have incentive channels; if dissemination is valuable, it should be confirmed and rewarded on-chain.

The implementation of this concept relies on support at the infrastructure level. MemeCore is not deployed on a third-party public chain but has independently built a Layer 1 network with native incentives, asset minting, and contract interaction capabilities. The rationale behind this decision is a clear positioning: to transform the integration of cultural content and on-chain incentives from peripheral plugins into native capabilities at the protocol layer.

Its EVM-compatible tech stack lowers the migration barrier for developers and project parties, while the dedicated standard MRC-20 designed for Meme assets further supports the high coupling of meme content and asset behavior. This not only enhances the expressive capability of assets but also lays the foundational mechanism for the combinability and ecological evolution of Memes.

PoM Mechanism: Driving Participation Networks through Staking and Supporting Cultural Continuity through Rewards

The PoM mechanism is the core mechanism for the operation of the MemeCore ecosystem, designed to connect the incentive paths between Meme dissemination behavior, asset value, and community participation. In the PoM model, creators, holders, and validators are no longer isolated but collaboratively build a transformation mechanism for Meme coins from cultural recognition to network rights.

PoM Staking: A Consensus Mechanism Driven by Behavior

In the MemeCore network, PoM Staking is the most fundamental and critical incentive link. Users can not only stake the platform's native token M but also stake MRC-20 Meme coins approved by PoM within the ecosystem. This design significantly expands the boundaries of Staking participation, allowing various Meme projects and their communities to interact with validators through token staking and participate in block generation and network governance.

For holders, PoM Staking offers a Delegation model. That is, users holding a PoM-approved Meme coin can delegate their tokens to specific validators and share in the block rewards earned by that validator proportionally. This means that the more active project owners or community participants are, the more voting power is concentrated in certain nodes, giving those validators a higher probability of block generation and network discourse power, thus achieving a complete loop of "content dissemination—node empowerment—value incentives."

PoM access is not permanently valid. If a certain Meme coin no longer meets MemeCore's minimum standards in terms of dissemination power, community activity, contribution metrics, etc., its PoM qualification can be dynamically revoked. This dynamic mechanism ensures the reasonable allocation of incentive resources within the network and maintains ecological vitality.

Meme Vault: Providing an Intrinsic Incentive Pool for Each Meme Project

On the MemeCore mainnet, every Meme coin issued through the MRC-20 standard automatically generates a Meme Vault. Traditional Meme projects generally lose momentum after initial financing, making it difficult to sustain narratives, organize communities, or reignite content production. MemeCore aims to break this industry fate by reserving a growth buffer for every potential Meme project.

The resources carried by the Meme Vault are primarily used to incentivize content producers, active community operations, and promote ecological interaction behaviors. For example, when a project goes live and its community continues to contribute cultural content and promote the spread of Meme enthusiasm, the project's Meme Vault will release resources to reward creators or core participants according to a preset distribution ratio.

This means that projects no longer rely on airdrops or speculative hype to maintain attention but instead build an ecological operation model of "content as assets, participation as profit sharing" around the mid- to long-term incentive logic released by the Vault.

Viral Grants Reserve: Periodic Co-Creation Support for Meme 2.0 Projects

In each Epoch of the MemeCore network, 10% of the block rewards for validators are automatically allocated to the Viral Grants Reserve. This portion of resources is specifically used to support the creative activities, secondary dissemination, and community collaboration of Meme 2.0 projects. Compared to the project-specific nature of the Meme Vault, Viral Grants are open to outstanding Meme projects and individual creators across the entire network.

It is worth noting that not all projects are eligible to receive Grants. MemeCore has established a dedicated "Meme 2.0 Standard" as a basis for determining whether a project has sustainable cultural output and dissemination potential. Only Meme projects that meet this standard are eligible to apply for periodic Grants distribution. This threshold is set to focus public incentive resources on truly impactful and creatively vibrant content sources.

In the future, the detailed standards will be gradually disclosed under community governance and guided by community voting mechanisms for resource distribution paths.

MRC-20 and M Token Economy: The Asset Carrier and Liquidity Bridge for Memes

In terms of on-chain standards, MemeCore has tailored the MRC-20 standard for Meme-type assets, maintaining compatibility with ERC-20 while expanding the depth of integration with the PoM system. Each MRC-20 asset can natively integrate Vault binding, dissemination trajectory tracking, and community governance entry, enhancing the governability of Meme projects and their sense of ecological belonging.

The M token, as the value anchor of the MemeCore ecosystem, serves multiple functions:

• Registration and governance collateral for Meme projects going live;

• The main distribution medium for the PoM incentive pool;

• A certificate for Staking and community voting;

• A payment medium for ecological services and NFT exchanges.

This value system based on cultural behavior incentives endows M with cultural circulation attributes that distinguish it from traditional functional tokens.

From Emotional Speculation to Cultural Capital, Is the Upgrade Path for Meme Coins Feasible?

The interaction between the PoM mechanism and the Meme 2.0 concept is essentially a response to the question of "Can Meme coins exist sustainably?" MemeCore attempts to extend the lifecycle of Meme coins, enhance the depth of interaction between users and communities, and transform cultural output into participation value through clear incentive tools, participation logic, and dissemination mechanisms.

This attempt is not easy. The essence of Memes is informal, decontextualized, and even de-authorized, while the establishment of mechanisms often requires rules, metrics, and boundaries. This inherent tension determines that the practical effect of PoM will largely depend on the community's acceptance of the incentive tools and whether there is sufficient rich and creative content production capacity to support it.

Moreover, the launch of the PoM mechanism is still in its early stages, and its long-term effects need to be validated by the market. However, it is clear that it has proposed a sustainable operational experimental direction for Meme coins for the first time.

If consensus is the foundation of currency, then Memes may deserve a redefinition.

As Web3 moves towards a mainstream narrative, the boundaries between culture and assets are becoming blurred. For a long time, Meme assets in the crypto market have been seen as symbols of speculative bubbles. However, if we reinterpret Memes from the perspective of cultural participation and incentives, they are essentially a form of decentralized consensus generation. When this consensus can be measured, incentivized, and shared in a clear manner, it has the potential to break free from the past fate of "used and discarded" and become a vibrant form of network cultural capital.

What MemeCore proposes through the PoM mechanism is precisely a way to make Memes "live on." It does not aspire for Meme coins to become stablecoins, DeFi protocols, or infrastructure networks, but seeks to transition Memes from "the tail end of attention" to "the entry point of cultural collaboration."

What Meme 2.0 and PoM attempt is to transform cultural expression into economic collaboration, to convert dissemination behavior into incentive channels, and to turn short-term attention into long-term network effects. It presents a new topic for the crypto industry: if culture itself can generate value, then it should also have its own blockchain consensus and resource allocation logic.

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