Web3 project Memeland has raised $10 million in less than an hour after it launched. Built by the creators behind meme-sharing platform 9GAG, the rapid surge of Memeland’s token sale (MEME) attracted huge sums of investments in about 42 minutes.
This impressive commitment from investors highlights not only the influence of meme culture but also the confidence and brand reputation established by the team thanks to their prior success with 9GAG. To add more excitement to the buzz, the creators also added a waitlist system to Memeland.
This means that enthusiastic community members had to participate in a range of activities in order to secure a place on the waitlist, which would also give them exclusive access to the token sale. Such initiatives promote a feeling of inclusion and enthusiasm, making sure the community plays a vital role in the platform’s development and probable triumph.
Building something new
“Today, we are trying something new. With the help of blockchain technology, we want to invite you to join us and build our community and company together. As with all things 9GAG, we like to under-promise and over-deliver. We don’t know how big Memeland will become, but we promise we will give our best,” Memeland wrote on its website.
The mystery behind Memeland’s instant ascent is incomplete without acknowledging its creators. The team 9GAG are dubbed game-changers in the realm of memes and news sharing and is now the driving force behind Memeland. The widespread impact of 9GAG was significant enough to catch the interest of prominent investors, including notable names like YCombinator.
With their proficiency in building and running a platform with massive user engagement, the 9GAG team’s entry into the Web3 arena generated a lot of anticipation. Their track record of success contributes a significant level of credibility, drawing the attention of both investors and users to Memeland.
Isa Muhammad is a writer and video game journalist covering many aspects of entertainment media including the film industry. He's steadily writing his way to the sharp end of journalism and enjoys staying informed. If he's not reading, playing video games or catching up on his favourite TV series, then he's probably writing about them.
