MemeNFT

MemeNFT is a community powered marketplace designed and developed to challenge the existing creator economy for non-fungible tokens. A hard-coded promise to always permit creators fees will stand tall at the center of the MemeNFT ecosystem. Additionally, tokenization of transaction fees will promote a decentralized incentive for growing the marketplace. The world is changing at an everincreasing pace, therefore MemeNFT will remain flexible enough to change with this pace. Placing the community first, the developers of MemeNFT will be able to make changes “on the fly”. MemeNFT will ultimately become the first NFT marketplace by and for the people.

Existing NFT marketplaces focus their growth structure as a mechanism to extract the greatest profit from their creators and traders. At MemeNFT the experience for creators and concerns of the community will be placed above all else. The incentive for holders of the MemeNFT token to grow the marketplace forces MemeNFT into an explosive growth algorithm. Existing NFT marketplaces do not offer their users a platform to capitalize on the resale fees. MemeNFT will be the first marketplace experimenting with the notion that innovation trumps greed.

The decentralization of a NFT marketplace will place MemeNFT in a unique position to grow. In in addition to the bold name, MemeNFT will implement features that have yet to be offered in the current NFT marketplace economy. These features will involve gamification, 1-1 trading escrow, advanced analytics, NFT fractionalization, and much more.

MemeNFT marketplace will be accessible by any user with an EVM compatible crypto wallet, (Metamask, Trust Wallet, etc). MemeNFT will offer users the same functionalities found in any modern NFT marketplace: buy, sell, auction, mint, etc. In addition to these functions, MemeNFT will grow into a platform with dozens of custom features to push beyond the standardized limits of the current NFT marketplace infrastructure.

MemeNFT will have a two percent resale fee on all NFTs listed within the marketplace. certain collections may have the opportunity to be listed with lower resale fees if the incentives are present to help grow the platform. Half of the resale fees will be used by the MemeNFT team to grow the marketplace and implement custom features that offer users a better experience on the platform.

MemeNFT as a token (MNFT), will be traded on both the Ethereum and Proof Of Memes Blockchains. Becoming the household name of a NFT marketplace on an up-and-coming EVM will offer massive long-term growth opportunities for the MemeNFT community. That EVM is Proof Of Memes. The POM blockchain will be the only EVM with a specific MNFT token outside of Ethereum itself. As partners in the POM ecosystem, both projects are capitalizing on the volumetric potential in the meme niche of cryptocurrencies.