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MEME ART

MEME Art is a platform that empowers meme creators to monetize their content and preserve their digital assets. It is built on the MEME Network, a Web3 platform that aims to create a new world with higher transparency, decentralized collective consensus, and secure asset management.

MEME Art is the world's first NFT instant publishing and instant response platform that enables users to create and publish their memes without having to learn how to code. All creations produced in MEME Art will be minted as NFTs (non-fungible tokens) and stored permanently on the MEME Network blockchain, where meme creators, also known as "Memers," are granted true ownership and monetization of their works.

The Heritage System is a unique feature of MEME Art. It works as a family tree with a royalty structure, where the original creator and the derivative work creator are both incentivized in $MEME. The creation fee for MEME Art is 2000 $MEME, and the tokenomic distribution formula is designed to reward both the creators and the MEME Art Fund.

40% of the creation fee will be distributed to the creators, broken down as: Parent Reward 30%: When a MEME is recreated by another person, the previous parent will receive 30% of the creation fee. Origin Reward 10%: If the creator is the original creator, they will receive 10% of the creation fee as a reward.

The remaining 60% of the creation fee will go to the MEME Art Fund, which is broken down into various funds for supporting the development of the MEME Art community. The funds include: Library Contributor Fund 10%: Fund for rewarding library material contributors. Top 20 Liked MEME Fund 10%: Fund for rewarding creators of the top 20 liked memes of the month. Top 20 Viewed Meme Fund 10%: Fund for rewarding creators of the top 20 viewed memes of the month. Event Fund 15%: Fund for supporting MEME Art related events. Meme Art DAO Fund 15%: Fund for supporting projects proposed by the Meme Art DAO.

In conclusion, MEME Art is a platform that provides a sustainable income source for meme creators, allowing them to monetize their content and preserve their digital assets as NFTs. With its innovative Heritage System, MEME Art is poised to become the world's first platform for memers, and it is an exciting opportunity for meme creators to join the Web3 revolution.

MemeArt Mainnet

Mainnet dapp :

https://memeart.io

Mainnet UI :

https://memeart.io/details/63fc3793e007fdf2ab4c8d13

Mainnet Metadata :

https://2023.memeart.io/api/nft/metadata?nftId=63fc3793e007fdf2ab4c8d13

Metdate Json :

{
   "status":"success",
   "data":{
      "tags":[
         "Bitcoin",
         "ordinals",
         "NFT",
         "MEME",
         "Inscription"
      ],
      "title":"undefined",
      "seqNo":22,
      "nftType":0,
      "url":"https://memenetwork.infura-ipfs.io/ipfs/QmNwH9kkYroMkqHtesGNpaSjDBR831ReKqkShjGPEx8Qiy",
      "layers":"63fc37a3e007fdf2ab4c8d1b",
      "region":"",
      "description":"Bitcoin Meme\r\n\r\nhttps://ordinals.com/inscription/a718fa58d6cd1fb2751973ac9929ac9ff114853233ba3b77ed4c0bcecfe1758ci0\r\n\r\n#Bitcoin #ordinals #NFT #MEME #Inscription",
      "_id":"63fc37a3e007fdf2ab4c8d1d"
   }
}

CosmWasm CW721 with MEME Art tokenomic contract in MEME Network mainnet:

https://ping.pub/meme/account/meme1zwv6feuzhy6a9wekh96cd57lsarmqlwxdypdsplw6zhfncqw6ftqcda87z

Mainnet IPFS eg:

https://memenetwork.infura-ipfs.io/ipfs/QmNwH9kkYroMkqHtesGNpaSjDBR831ReKqkShjGPEx8Qiy

CosmWasm Contract

Code ID : 5

Contract Address : meme1zwv6feuzhy6a9wekh96cd57lsarmqlwxdypdsplw6zhfncqw6ftqcda87z

The tokenomic distribution formula for MEME Art is as follows:

40% of the creation fee is allocated to the creators, which is broken down into:
  • 30% Parent Reward: When another person creates an NFT based on your work, you will receive 30% of the creation fee as a reward.
  • 10% Origin Reward: If you are the original creator, you will receive 10% of the creation fee as a reward.
60% of the creation fee is allocated to the MEME Art Fund, which is broken down into:
  • 10% Library Contributor Fund: A fund for rewarding contributors of the MEME Art library.
  • 10% Top 20 Liked MEME Fund: A fund for rewarding creators of the top 20 liked memes of the month.
  • 10% Top 20 Viewed MEME Fund: A fund for rewarding creators of the top 20 viewed memes of the month.
  • 15% Event Fund: A fund for supporting MEME Art related events.
  • 15% MEME Art DAO Fund: A fund for supporting projects proposed by the MEME Art DAO.

For example, if the creation fee is 1000 $MEME:

For the original creator not using Library and Parent:
  • 10% (100 $MEME) goes to the origin reward,
  • 30% (300 $MEME) goes to the MEME Art DAO Fund,
  • and 60% (600 $MEME) goes to the MEME Art Fund.
For creators using Library:
  • 40% (400 $MEME) goes to the MEME Art DAO Fund,
  • and 60% (600 $MEME) goes to the MEME Art Fund.
For creators using Parent:
  • 30% (300 $MEME) goes to the previous Parent,
  • 10% (100 $MEME) goes to the origin reward,
  • and 60% (600 $MEME) goes to the MEME Art Fund.

Please note that this formula is subject to change and may be adjusted as the project progresses.

MemeArt Testnet :

https://testnet.memeart.io

https://twitter.com/memememenetwork/status/1531629304341483520?s=21&t=3_1gKTgsxp642MgTMmz9NA

FAQ

What is MEME Art

MEME ART is the world's first NFT instant publishing and instant response platform without learning to code, All creations produced in MEME Art will be minted as NFTs (non-fungible token) and stored permanently in the MEME Network blockchain, where Memers (creators) are all granted true ownership and monetization of their works. Modeled after Opensea standardization.

Why does Web3 matter to memes?

As memes become an internet commodity, a good meme can even be positioned as a creative asset or a new form of currency across social media. We believe that there should be a better way to monetize memes through a decentralized network. MEME Art fixes it and aims to explore various solutions to incentivize Memers to create and utilize memes on a daily basis.

What is the Heritage System?

The Heritage System works as a family tree with a royalty structure. When a Creator creates a Origin/ Parent MEME with original materials (image or design elements), a Spreader may transform it into a Child MEME by twisting the text layer. Both would be incentivized in $MEME.

What is the tokenomic of the Heritage System?

When minting a MEME with materials (image or design elements), 40% of the charged minting fee will be distributed to the Origin Creator (10%) and Parent Creator (30%) as royalty reward. 60% will go to MEME Art Fund Pool for development purposes.

How do I create an Origin MEME?

When minting a MEME, you simply need to upload your own original image instead of using our images in the MEME Art official library or an existing MEME asset, which is preferably to be out of your original creation and creative ideas.

How do I become an OG Creator?

Asset owner of an Origin MEME (created with original visual materials) who is in an agreement to make it available for future Re-Create activities.

Who is the Parent Creator?

Anyone who creates a MEME based on an existing MEME asset, which can be an Origin MEME, Parent MEME or images from the MEME Art library.

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