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Over FatMemes
“Memes are the dominant language of the internet, a powerful medium for cultural expression, social commentary, and viral communication. Despite their ubiquity and influence, the creators of this content are rarely compensated for their work. FatMemes© aims to rectify this by establishing a decentralized ecosystem where creators, curators, and community members are rewarded for their contributions.
We are creating a low-barrier entry to crypto rewards through a meme ecosystem
We see memes as the art of everyday people. Memes are also a sport of ideas, of humor. So we created a space where you can create, collect, share, mint, sell, vote and compete with memes.
A core tenet of FatMemes is that the community should directly benefit from the platform’s success. To that end, a groundbreaking 30% of all fees generated by the platform (including upload fees, marketplace commissions, and future monetization features) is redistributed back to the users.
By leveraging the speed and low transaction costs of the Solana blockchain, FatMemes introduces a sustainable “Meme-to-Earn” model. The platform is powered by the FatMemes ($FMEMES) token, which facilitates a transparent, community-driven economy.
Users earn $FMEMES tokens for uploading content that gets upvoted and engaged by the community. A significant portion of platform revenue is funneled into weekly prize pools for top-performing content,30% of all platform fees are shared back with users through weekly contests.
Top-performing memes can be sold and minted as unique Non-Fungible Tokens (NFTs) on the Solana blockchain, giving creators a verifiable and tradable asset. A “Community Pool” allows users to upload content for free. Other users can “sponsor” this content with $FMEMES to enter it into the weekly contests, sharing potential rewards with the original creator and funding the ecosystem.
Built on Solana, the platform ensures transactions are fast, cheap, and transparent. The reward algorithms are based on on-chain engagement metrics, removing centralized bias.”
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