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MemeCore, a pioneering force in the meme coin ecosystem, is thrilled to announce a significant charitable initiative, uniting various meme coin communities to donate a total of $50,000. This initiative underscores MemeCore's commitment to leveraging the power of blockchain technology and meme coin communities for social good.
The donation initiative is structured to maximize impact and community involvement. Half of the total donation amount, equating to $25,000, will be distributed by the end of October 2024. These funds will be directed towards either an animal shelter or victims of Hurricane Helene, with the final decision being made based on community input. The remaining $25,000 will be sourced from MemeCore's innovative "Mine to Earn" staking pool. This amount will be unlocked and donated on January 1, 2025, to charitable organizations selected by the community.
Several prominent meme coin projects from the current times to the previous bull market are participating in this initiative. WHY, one of the largest meme coins on the BNB Chain with a market cap exceeding $100 million, has been a prominent participant in Binance Blockchain Week, showcasing its commitment to innovation and community engagement. FOUR, originating from a popular meme associated with Changpeng Zhao, has been recognized as an innovative meme coin on the BNB Chain, contributing to the vibrant meme coin culture. PITBULL, a community-driven, dog-themed meme coin on the BNB Chain, is one of the first that rewards its investors through a unique auto-staking mechanism, fostering a strong and engaged community. HANA, operating on the Ethereum Blockchain, has previously collaborated donated $15,000 to victims of Hurricane Helene, demonstrating its dedication to humanitarian efforts. FEG, with a robust community of over 400,000 followers across social channels, with its peak of around $4 billion market capitalization is a cross-chain meme coin available on leading blockchains such as BNB Chain, BASE, and ETH, exemplifying the power of community-driven initiatives.
MemeCore's Pre-staking program is designed to provide users with an immersive experience of its staking services. Participants earn M points as rewards, which can be converted into M tokens upon the conclusion of the pre-staking period. The program supports a variety of stackable tokens, including DOGE, PEPE, SHIB, and more. To celebrate this initiative, MemeCore is hosting a $1 million Prize Pool Event to further incentivize participation and engagement within the community. More details can be found on the website.
This is not MemeCore's first foray into charitable giving. Inspired by NEIRO and Anndy Lian's previous donation efforts for Hurricane Helen victims, MemeCore has previously donated $10,000 worth of tokens, setting a precedent for its ongoing commitment to philanthropy.
Anndy Lian, Managing Director of MemeCore’s LIFT Ecofund, stated, "We believe in the transformative power of community and blockchain technology. By uniting meme coin communities, we can make a significant impact and support those in need. This initiative is a testament to our commitment to fostering a decentralized future that is inclusive, innovative, and compassionate."
MemeCore is an EVM-based Layer 1 multi-chain cross-staking blockchain, secured by the unique Proof of Meme (PoM) consensus mechanism. The layer 1 is designed for meme coins and aims to create a dynamic playground for meme communities within the blockchain ecosystem. MemeCore's mission is to foster a "memeable" space that encourages creativity, inclusiveness, and innovation, benefiting the meme coin community through its distinctive PoM consensus.
MemeCore invites all meme coin enthusiasts and community members to join this noble cause and contribute to making a positive impact on society. Together, communities can harness the power of memes and blockchain technology to create a better world.
About MemeCore
MemeCore Foundation, a non-profit, organization that created the MemeCore blockchain, an EVM based, multi-chain cross-staking L1 secured by Proof of Meme (PoM). LIFT up the Fun! $M
Contact Info:
Name: Josh Kwon, Marketing Specialist
Email: Send Email
Organization: MemeCore Foundation
Website: https://memecore.org
Release ID: 89144515
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