{"id":"memecore","title":"Memecore","content":"**Memecore** is a [blockchain](https://iq.wiki/wiki/blockchain)-based gaming platform that combines meme culture with decentralized gaming experiences. It aims to create an ecosystem where players can engage with meme-inspired games while earning rewards through various gameplay mechanisms. [[2]](#cite-id-GRObyzjeSQ)\n\n![](https://ipfs.everipedia.org/ipfs/QmURQnG3nNTMqcsVxAttimqcXTU5ur9jqUgwBd3BNSVnRS)\n\n# Overview\n\nMemecore is a [Layer 1](https://iq.wiki/wiki/layer-1) [blockchain](https://iq.wiki/wiki/blockchain) network designed to bring together meme communities in the [Web3](https://iq.wiki/wiki/web3) space. It operates as an [EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm)-compatible [mainnet](https://iq.wiki/wiki/mainnet) and uses a unique Proof of Meme (PoM) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism). This system allows users to [stake](https://iq.wiki/wiki/staking) [meme coins](https://iq.wiki/wiki/memecoins) across [blockchains](https://iq.wiki/wiki/blockchain), contributing to network security while earning dual rewards in $M and [ERC-20](https://iq.wiki/wiki/erc-20) tokens.\n\nThe platform emphasizes inclusivity and cross-chain collaboration. It supports [Ethereum](https://iq.wiki/wiki/ethereum)-compatible tools and architecture, enabling easier adoption for developers and users. Memecore’s infrastructure is tailored to support [meme coin](https://iq.wiki/wiki/memecoins) communities through shared validation, [staking](https://iq.wiki/wiki/staking), and incentives. [[1]](#cite-id-aiOQFBI3cV) [[4]](#cite-id-mSvSa7WB7N)\n\n# Features\n\n## Proof of Meme Consensus\n\n![](https://ipfs.everipedia.org/ipfs/QmUWj4PAVHchHsp1FJ4ZVzZ8uQsCbVb3cub2UcP34MNevv)\n\nProof of Meme (PoM) is MemeCore’s custom-built [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism) that merges aspects of [Proof of Stake (PoS)](https://iq.wiki/wiki/proof-of-stake) and [Proof of Authority (PoA)](https://iq.wiki/wiki/proof-of-authority), designed to support [validator](https://iq.wiki/wiki/validator) governance and meme token integration. The system operates through epochs—defined time intervals, such as a day—during which a designated set of [validators](https://iq.wiki/wiki/validator) produce blocks using a [PoA](https://iq.wiki/wiki/proof-of-authority)-style method. After each epoch, the [validator](https://iq.wiki/wiki/validator) set is refreshed through a governance-controlled delegation contract. This setup allows for consistent block production and validator rotation, aiming to maintain network decentralization and efficiency. [[6]](#cite-id-C4WB37DYvw)\n\n### Reward Generation\n\nBlock rewards are generated by [minting](https://iq.wiki/wiki/minting) MemeCore’s native token, $M, with each new block. These tokens are distributed among validators and delegators according to formulas that will evolve over time, from fixed structures in early phases to more dynamic, oracle-informed models. [Validator](https://iq.wiki/wiki/validator) registration is open to externally owned accounts (EOAs), requiring users to [stake](https://iq.wiki/wiki/staking) a specified amount of $M and pay a registration fee. Initially, the [validator](https://iq.wiki/wiki/validator) set is capped at 100 participants. Registered [validators](https://iq.wiki/wiki/validator) can exit the system and reclaim their [stake](https://iq.wiki/wiki/staking), although a lock-up period may be introduced later. [[6]](#cite-id-C4WB37DYvw)\n\n### Delegation Methods\n\nDelegation mechanisms allow both EOAs and contract addresses to [stake](https://iq.wiki/wiki/staking) $M or selected meme tokens in support of [validators](https://iq.wiki/wiki/validator). Meme tokens must first be approved through governance and added to a whitelist. Delegators receive a share of the block rewards, with reward allocations influenced by [staking](https://iq.wiki/wiki/staking) amounts and [validator](https://iq.wiki/wiki/validator) activity. A slashing mechanism is in place to penalize [validators](https://iq.wiki/wiki/validator) who fail to meet performance expectations. If a [validator](https://iq.wiki/wiki/validator) underperforms—due to downtime or insufficient block production—their staked $M may be partially forfeited, and they can be excluded from upcoming validation rounds.\n\nUsers must initiate specific transactions through the reward distribution contract by [staking](https://iq.wiki/wiki/staking) or withdrawing tokens to access rewards. An [ERC-20](https://iq.wiki/wiki/erc-20) vault holds 5% of each token’s total supply deployed on MemeCore, with token contracts required to be open-source and [multisig](https://iq.wiki/wiki/multi-signature-wallet)-approved before inclusion. These [ERC-20](https://iq.wiki/wiki/erc-20) tokens are gradually released to stakers over a long-term vesting period, initially set to 1,000 days. Governance retains the authority to modify this period. The PoM structure reinforces network security and incentivizes active participation through flexible delegation, performance accountability, and a collaborative governance framework. [[6]](#cite-id-C4WB37DYvw)\n\n### Validator\n\nMemeCore’s [validator](https://iq.wiki/wiki/validator) network operates under the Proof of Meme (PoM) [consensus](https://iq.wiki/wiki/consensus-mechanism), prioritizing short block times and low [transaction fees](https://iq.wiki/wiki/transaction-fee). [Validators](https://iq.wiki/wiki/validator) are selected based on the amount of staked assets, with those with the highest stakes eligible to produce blocks. To ensure system integrity, the network incorporates slashing mechanisms, such as penalties for double-signing, to maintain security and stability. A real-time election process selects the top seven [validators](https://iq.wiki/wiki/validator) for block production, with the list refreshing every 10 blocks, approximately every 70 seconds. Candidates must first stake a predefined amount to qualify for selection.\n\n[Validators](https://iq.wiki/wiki/validator) on MemeCore confirm transactions and produce blocks, contributing directly to the network’s performance and security. These [nodes](https://iq.wiki/wiki/node) perform essential tasks that uphold the chain’s reliability. In exchange for their participation, [validators](https://iq.wiki/wiki/validator) receive $M token rewards.\n\nBoth [validators](https://iq.wiki/wiki/validator) and their delegators earn dual incentives—$M tokens and [ERC-20](https://iq.wiki/wiki/erc-20) tokens. Rather than awarding the entire reward to the block producer, the system distributes each reward (e.g., 1,000 $M per block) proportionally based on the amount staked. This structure supports an equitable reward system across all participants contributing to the network. [[7]](#cite-id-omXhMGiW1a)\n\n### Staking & Delegating\n\n![](https://ipfs.everipedia.org/ipfs/QmYfgs3xeXEs12drtXusdGwZiBfm5YiVRsyvR8gA2w3RDb)\n\nMemeCore’s [staking](https://iq.wiki/wiki/staking) and delegation system enables token holders to support [validators](https://iq.wiki/wiki/validator) and earn rewards. [Validators](https://iq.wiki/wiki/validator) are ranked based on the total amount staked by delegators, with the top seven becoming active [validators](https://iq.wiki/wiki/validator) eligible to produce blocks and earn rewards. Others remain as candidate [validators](https://iq.wiki/wiki/validator) who cannot produce blocks but can still receive delegations to improve their ranking. Rankings refresh every 10 blocks, ensuring a dynamic and competitive selection process.\n\nDelegators can [stake](https://iq.wiki/wiki/staking) $M or approved [meme coins](https://iq.wiki/wiki/memecoins) through system contracts that manage [validator](https://iq.wiki/wiki/validator) selection and reward distribution. Rewards are split among the active [validators](https://iq.wiki/wiki/validator), with 99% shared equally and an additional 1% awarded to the [validator](https://iq.wiki/wiki/validator) that produces the block. Of the [validator](https://iq.wiki/wiki/validator) rewards, 75% goes to delegators of $M, and 25% to those who staked [meme coins](https://iq.wiki/wiki/memecoins). [Validators](https://iq.wiki/wiki/validator) must meet a minimum self-delegation requirement to register, and delegators receive Xtokens as proof of their stake, which can be used within the ecosystem. External projects can also provide [ERC-20](https://iq.wiki/wiki/erc-20) tokens for distribution through a separate reward contract using the same formula. [[8]](#cite-id-oDLaVY7xiQ)\n\n### Dual Rewards\n\nMemeCore’s dual reward system distributes both $M tokens and [ERC-20](https://iq.wiki/wiki/erc-20) tokens to incentivize participation from [validators](https://iq.wiki/wiki/validator) and delegators. Of the total block rewards, $M [validators](https://iq.wiki/wiki/validator) and their delegators receive 75%, with distribution based on how much $M they’ve staked. [Validators](https://iq.wiki/wiki/validator) must commit a fixed amount—initially 7 million $M—to register, while delegators who support them pay a 10% commission on their earned rewards to these [validators](https://iq.wiki/wiki/validator). The block proposers' selection and reward sharing are tied to [staking](https://iq.wiki/wiki/staking) levels and [validator](https://iq.wiki/wiki/validator) performance.\n\nMeme delegators—those [staking](https://iq.wiki/wiki/staking) [meme coins](https://iq.wiki/wiki/memecoins) rather than $M—receive 24% of the block rewards. These rewards are equally distributed per [validator](https://iq.wiki/wiki/validator) [node](https://iq.wiki/wiki/node) and adjusted according to each [meme coin’s](https://iq.wiki/wiki/memecoins) [market cap](https://iq.wiki/wiki/market-capitalization). The system uses weighted quantities to balance price differences between meme tokens. Meme delegators also pay a 15% commission to [validators](https://iq.wiki/wiki/validator). An additional 1% of block rewards is awarded to [validators](https://iq.wiki/wiki/validator) and their delegators if their chosen [validator](https://iq.wiki/wiki/validator) is selected to produce a block. All reward ratios, [staking](https://iq.wiki/wiki/staking) requirements, and supported meme tokens are subject to change through governance. [[9]](#cite-id-gOf39jyfrE)\n\n## Memes.War\n\nMemes.War is a Telegram-based play-to-[airdrop](https://iq.wiki/wiki/airdrop) game where users support existing guilds or create their own, aiming to accumulate $War.Bond and convert it into [Airdrop](https://iq.wiki/wiki/airdrop) points. By sending $War.Bond to a guild’s Vault, players contribute to that guild’s ability to participate in seasonal Guild Raids and earn additional rewards. $War.Bond is the main in-game currency, obtainable through various in-game actions, and is used to boost a guild’s status and performance. Once transferred to a Vault, $War.Bond becomes non-withdrawable and is locked in for raid activities.\n\nAirdrop points are earned by converting $War.Bond at a fixed rate (10,000 $War.Bond = 10 Airdrop points), and serve as a central metric in determining eligibility for future [airdrops](https://iq.wiki/wiki/airdrop) and other reward distributions. Players can either support an existing guild or form their own, receiving a 1,000,000 $War.Bond bonus to help kickstart their Vault. Guilds with the highest Vault balances can access special rewards, while all participating guilds receive additional benefits. The game emphasizes community contribution, with rewards designed to recognize individual and group engagement within the MemeCore ecosystem. Telegram is required to access and play Memes.War. [[10]](#cite-id-WEVT91YPml) [[11]](#cite-id-aYYZf4sJ1y)\n\n# M\n\n$M is the native token of the MemeCore ecosystem and plays a central role in its operations. It is used to pay [transaction fees](https://iq.wiki/wiki/transaction-fee) on the MemeCore [mainnet](https://iq.wiki/wiki/mainnet). It is the primary [staking](https://iq.wiki/wiki/staking) currency for participating in the Proof of Meme (PoM) [consensus](https://iq.wiki/wiki/consensus-mechanism) for [validator](https://iq.wiki/wiki/validator) registration and delegation. The token has a total supply capped at 10 billion.\n\nBeyond its technical functions, $M also carries broader significance within the ecosystem. [Validators](https://iq.wiki/wiki/validator) must [stake](https://iq.wiki/wiki/staking) $M to be eligible for block production, while delegators use it to support [validator](https://iq.wiki/wiki/validator) rankings. Additionally, governance functionality for $M is planned for future implementation, potentially allowing holders to influence the development and direction of the network. [[12]](#cite-id-WYqeZVNAbX)\n\n## Token Allocation\n- 30% - Community rewards and gameplay incentives\n- 20% - Development fund for ongoing platform improvements \n- 15% - Team and advisors (subject to vesting periods) \n- 15% - Marketing and partnerships \n- 10% - Liquidity provision \n- 10% - Strategic reserves [[5]](#cite-id-ziqb3xbFQ4)\n\n# Funding\n\nOn March 27th, 2025, MemeCore announced it has received strategic investment from several prominent [blockchain](https://iq.wiki/wiki/blockchain) venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, CatcherVC, K300 Ventures, WAGMI Ventures, and Click Capital. These investments are intended to support the development of MemeCore’s [blockchain](https://iq.wiki/wiki/blockchain) infrastructure, expand its ecosystem, and assist in incubating emerging [meme coin](https://iq.wiki/wiki/memecoins) projects. [[13]](#cite-id-j95dcKaEaX)\n\n# Partnerships\n\n[Mew](https://iq.wiki/wiki/cat-in-a-dogs-world-mew)\n\nSlerfTools\n\nCard3\n\n[ByBit](https://iq.wiki/wiki/bybit)\n\nAndy\n\nAI101 Labs\n\nARC\n\nPentagon Games","summary":"Memecore is a blockchain-based platform focused on integrating memes into the digital economy through NFTs and gaming.","images":[{"id":"QmYBVaXKZxfATE4mTqJ95uZZNua121XWe97ZC9mTZexgaP","type":"image/jpeg, image/png"}],"categories":[{"id":"dapps","title":"dapps"}],"tags":[{"id":"Collections"},{"id":"Games"},{"id":"Marketplaces"},{"id":"Protocols"},{"id":"Entertainment"}],"media":[{"id":"QmUWj4PAVHchHsp1FJ4ZVzZ8uQsCbVb3cub2UcP34MNevv","name":"memcore.jpg","caption":"","thumbnail":"QmUWj4PAVHchHsp1FJ4ZVzZ8uQsCbVb3cub2UcP34MNevv","source":"IPFS_IMG"},{"id":"QmYfgs3xeXEs12drtXusdGwZiBfm5YiVRsyvR8gA2w3RDb","name":"stakingdele.png","caption":"","thumbnail":"QmYfgs3xeXEs12drtXusdGwZiBfm5YiVRsyvR8gA2w3RDb","source":"IPFS_IMG"},{"id":"QmURQnG3nNTMqcsVxAttimqcXTU5ur9jqUgwBd3BNSVnRS","name":"Gmp7tOtWEAAhA1i.jfif","caption":"","thumbnail":"QmURQnG3nNTMqcsVxAttimqcXTU5ur9jqUgwBd3BNSVnRS","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"aiOQFBI3cV\",\"url\":\"https://docs.memecore.com/\",\"description\":\"Memecore Documentation\",\"timestamp\":1744193978194},{\"id\":\"GRObyzjeSQ\",\"url\":\"https://memecore.com/\",\"description\":\"Memecore Official Website\",\"timestamp\":1744193978194},{\"id\":\"HQyN5jBzAD\",\"url\":\"https://trail.memecore.org/twitter\",\"description\":\"Trail Game Twitter\",\"timestamp\":1744193978194},{\"id\":\"mSvSa7WB7N\",\"url\":\"https://www.panewslab.com/en/articledetails/7s0m7oua.html\",\"description\":\"PANews Article\",\"timestamp\":1744193978194},{\"id\":\"ziqb3xbFQ4\",\"url\":\"https://trail.memecore.com/pitchdeck\",\"description\":\"Memecore Pitch Deck\",\"timestamp\":1744193978194},{\"id\":\"C4WB37DYvw\",\"description\":\"Proof of Meme | Memecore Docs\",\"timestamp\":1744822983216,\"url\":\"https://docs.memecore.com/consensus/pom-proof-of-meme\"},{\"id\":\"omXhMGiW1a\",\"description\":\"Validators | Memecore Docs\",\"timestamp\":1744823002232,\"url\":\"https://docs.memecore.com/consensus/validator\"},{\"id\":\"oDLaVY7xiQ\",\"description\":\"Staking & Delegating | Memecore Docs\",\"timestamp\":1744823063036,\"url\":\"https://docs.memecore.com/consensus/staking-and-delegating\"},{\"id\":\"gOf39jyfrE\",\"description\":\"Dual Rewards | Memecore Docs\",\"timestamp\":1744823085083,\"url\":\"https://docs.memecore.com/consensus/dual-rewards-usdm-+-erc-20\"},{\"id\":\"WEVT91YPml\",\"description\":\"Memes.War | Memecore Docs\",\"timestamp\":1744823105152,\"url\":\"https://docs.memecore.com/guides/memes.war\"},{\"id\":\"aYYZf4sJ1y\",\"description\":\"How to Play and Earn | Memecore Docs\",\"timestamp\":1744823123944,\"url\":\"https://docs.memecore.com/guides/memes.war/how-to-play-and-earn\"},{\"id\":\"WYqeZVNAbX\",\"description\":\"M and ERC-20 | Memecore docs\",\"timestamp\":1744823141168,\"url\":\"https://docs.memecore.com/memecore/tokens-m-and-erc-20\"},{\"id\":\"j95dcKaEaX\",\"description\":\"Memecore announces strategic investment from VC firms | Twitter\",\"timestamp\":1744823231520,\"url\":\"https://x.com/MemeCore_ORG/status/1905189020910674352\"}]"},{"id":"website","value":"https://trail.memecore.org/linktree-mmc-web"},{"id":"twitter_profile","value":"https://x.com/MemeCore_org"},{"id":"telegram_profile","value":"https://t.me/MemeCoreLabs"},{"id":"discord_profile","value":"https://discord.com/invite/memecore"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/memecore/"},{"id":"youtube_profile","value":"https://www.youtube.com/channel/UCViqgn7xTgLNT-8-5yK7R9A"},{"id":"instagram_profile","value":"https://www.instagram.com/memecore_labs/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/memecore"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/memecore"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmRQjMNTFa6tA6jMcC7SHbjhktHEMzzp6q6ZmTrsfyhuyL\""},{"id":"commit-message","value":"\"Republishing the Memecore wiki with updated content and links.\""},{"id":"previous_cid","value":"QmRQjMNTFa6tA6jMcC7SHbjhktHEMzzp6q6ZmTrsfyhuyL"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}