Backed by a community of 200 million users, can "Memeland" become the next blue chip?

9GAG's NFT project Memeland is becoming the first hot topic in the NFT market in 2023.

On January 4, its third NFT series Captain NFT "CaptainZ" received more than 9,999 deposits 669 seconds after casting was started, and the entire series was released within 12 minutes. With the NFT market shrinking on a large scale and the trading volume plummeting, Freemint and other "hot concepts of last year" seem to be unable to capture the attention of investors, but Memeland's CaptainZ series was released at a high price of 1.069 ETH, which is still short Sold out within time. What exactly can Memeland do to ignite the already deeply bearish NFT market again?

9GAG: Web2 meme community winning at the starting line

9GAG is a meme photo sharing website founded in Hong Kong in 2008 by brothers Chen Zhancheng and Chen Zhanjun. Users can upload and share their own meme images on the 9GAG website. In order to promote meme culture, 9GAG also cooperates with different brands to display a series of parody local and international meme pictures. Because a simple and easy-to-understand meme picture is worth a thousand words and can be used as a new language system commonly used in the world, 9GAG has accumulated a large number of fans and users in a short period of time. It is reported that,9GAG has 200 million users worldwide, and its website has more than 8 million daily active users, and has received support from companies such as First Round Capital, FreestyleCapital, GreycroftPartners, TrueVentures, YCombinator, and 500 Startups.

9GAG's meme gene makes its transition to Web3 easier. In such a large community, there is no shortage of Web3 enthusiasts. When the community effect of Web2 is combined with the meme culture of Web3, Crypto natives and fans of the original platform immediately found an ideal home. 9GAG's Memeland can not only implement the spirit of meme, spread meme culture, but also attract many OG users to lurk in the community. For example, Feng Delun also used Memeland to make a joke. Trust this powerful cultural narrative to continue to captivate those who resonate with it.

Memeland's combined gameplay

Memeland is 9GAG's Web3 ecosystem and the first attempt by the founding team to transform to Web3. From the official website of Memeland,It has a total of 3 NFT series. Each NFT series is related to each other, and there are rich combination playing methods.

The first NFT series is "YOU THE REAL MVP", which will be released in June 2022 and consists of 420 gold trophies. "YOU THE REAL MVP" is a key to Memeland. By holding MVP, you can get the opportunity to visit and mint new ecological products of Memeland at the first time, including Potatoz, Captainz, Treasure Islandz, etc. In addition, it will play a role in every key stage of Memeland NFT, such as the subsequent $MEME pledge, etc.

"YOU THE REAL MVP" adopts a blind auction method, the starting price is 0.69 ETH, and the auction time is 48 hours. The final auction price of "YOU THE REAL MVP" is 5.3 ETH. Currently, the floor price of "YOU THE REAL MVP" NFT is 44.44 ETH.

The second NFT series is "The Potatoz", "The Potatoz" appeared as an early life form - "potato", the first life discovered on Memeland. "The Potatoz" is a collection of 9,999 PFPs, and after launching as Freemint in July 2022, the transaction volume broke through to 1600 ETH in just two hours.

"The Potatoz" also has an innovative non-custodial pledge and multi-stage reveal mechanism, introducing the innovative mechanism of "grow-to-win". "The Potatoz" holders can pledge their NFT, allowing them to evolve from potato sprouts to potatoes, to win weekly prizes. Rewards include iPhones, gym memberships, year-round McDonald's and more.

The most important way to play "The Potatoz" NFT is to find its captain. Although it is small and cute, it can kill people at critical moments.

Currently, the floor price of "The Potatoz" is 2.45 ETH.

The third NFT series is "The CaptainZ", "The CaptainZ" is Memeland's main collectible series. "The CaptainZ" can lead his pirate crew "The Potatoz" to explore Memeland and search for treasure. But each "The CaptainZ" can only bring up to 3 "The Potatoz" crew members.

Before the launch of "The CaptainZ", 18,000 addresses have participated, and in the early warm-up stage, users who obtained Waitlist by completing tasks may not be able to obtain casting opportunities. The wave of "The CaptainZ" created a looting atmosphere and created a scene where tickets were hard to find. It can be said that it made full use of "hunger marketing" and earned 9,801 ETH for the team.

"The CaptainZ" is also an important character in unlocking how $MEME and Treasure Islandz play. In addition, Captainz also manages the Memeland DAO. DAO membership is open to anyone who holds Captainz NFT. Captainz will help make decisions about DAO finances, governance rules, partnerships, etc.

In addition to the above three NFT series, Memeland will also launch Treasure Islandz, the ultimate location for treasure hunting, but there is less information about it. However, users who hold "The CaptainZ" will have priority access.

MEME Coin ecology is the focus

MEME token is the core content of Memeland, and it is a token derived to support creators. In addition, MEME token also serves as the governance token of Memeland. Each captain (“The CaptainZ” holder) can earn MEME tokens through passive holding and staking, and can also earn MEME tokens by creating content and publishing works.

Summarize

Summarize

Recently, with the release of Yuga's new promotional video, the upcoming Otherside Second Trip, the replacement of the fat penguin with a new CEO, and the release of a series of new news, etc., the popularity of the NFT market seems to have picked up a bit recently.

In this context, Memeland, as the first eye-catching project at the beginning of the year, is impressive both in terms of narrative and gameplay innovation. The CEO of Memeland also said: "Our NFT is just an appetizer", which really whetted everyone's appetite, which is the main reason why the project was able to get such a high degree of attention before it was released.

But looking at the market, the temporary recovery is not a signal of bottom-hunting. In a bear market, the starting price of 1.069 ETH is not low. DYOR is still needed before investing, don't be fomo.