The blockchain team behind the Open Network (TON) recently announced the start of Memelandia, a hub just for people who are making meme coins.
The team says that this project is part of an additional incentive program that is meant to promote and bring attention to new meme coins. Open Network wants to build a community that lasts and gets involved, so they are dedicated to supporting new projects in the meme coin ecosystem.
“This initiative helps meme coins that often go unnoticed by the crypto market get greater recognition.”TON announcement
TON’s leaderboard tracks rankings.
The Memelandia site has a dynamic leaderboard that shows how projects are doing right now. Key measurements like total value locked (TVL), DEX holder and trader counts, and airdrop distributions are used to measure how well a project is doing and how engaged people are with it.
Fans who want to be a part of this project should make their own meme tokens, hold presales or airdrops, and promote their projects in the token ecosystem. This includes using the mini-apps that are available on Telegram, a popular chat app.
Recent events include Open Network giving away tokens worth about $2.19 million to busy meme coin traders on the DeDust and Ston.fi platforms. Traders who were eligible and did business on these sites between March 4 and April 10 were given tokens as part of this distribution.
Also, back in March, Open Network developers said that 30 million Toncoin would be given to users who take part in community projects. The goal of this strategic move is to get more people to use the token and make the environment better by promoting new ideas.
