$20 000 USD

OCTOBER 2022

GLOBAL

MEMELAND

DESCRIPTION OF EVENTS

Having started as 9GAG in 2008, Memeland now invites people to join and contribute to their community and company through blockchain technology[1]. "We joined 500 Startups in 2011, raised seed funding, joined Y Combinator in 2012, and never stopped shipping."[1] Memeland NFT is a collection of 9,999 utility-enabled PFPs (Profile Picture Frames)[2] initiated by 9GAG as they venture into the web3 space[3]. Memeland joined OpenSea in June 2022[4]. Memeland NFTs can be purchased on NFT marketplaces like OpenSea, LooksRare, and X2Y2[3].

 

9GAG, based in Hong Kong, has a massive global audience of over 200 million[2] on social media platforms like Instagram, Facebook, Twitter, and TikTok[3]. Multiple famous celebrities and investors are involved in the project, such as Kevin Rose, Gary Vaynerchuk, Kevin Ma[3], and Hong Kong tycoon Adrian Cheng[2]. Memeland NFT is comparable to successful projects like Moonbirds, Invisible Friends, CloneX, Doodles, and the Bored Ape Yacht Club (BAYC), with similarities in having a company behind it, token systems, metaverse land, celebrity involvement, Web2 experience, and building an NFT ecosystem[2].

 

Memeland is a venture studio focusing on web3 and building social products for communities[1]. 9GAG aims to make the world happier with Memeland NFT as its first collection[2]. Memeland's mission is to empower creators by connecting web2 and web3 communities[2]. The project revolves around the concept of finding Memeland, a legendary treasure island known for its glory, fortune, love, and the best memes[3]. They aim to connect creators and communities through creativity, the $MEME token, and NFTs[1].

 

"A @Memeland MVP lost his/her MVP NFT due to a scam. The MVP NFT was traded before it's flagged. Memeland will be refunding the royalty we got from the trade to the original MVP holder. It's not much but we hope it helps a bit."

 

"Set up a good wallet hygiene. Don't trust. Verify."

 

"Please share a safe wallet address with me. Memeland will refund the royalty (1.35E) it got from the 15E sale to you. It's not much but I hope it helps a bit."

 

"That is a very generous move sir"

 

"Raymond has been here since May. That's the least we can do for a trusted member of the community."

 

"We will also introduce a "staking + locking" mechanism for all MVP NFTs in 1-2 weeks to improve the security.

 

It will be similar to the "Growing" of The Potatoz—there are multiple reports that "Growing" has saved the Potatoz from scams and hacks.

 

Better safe than sorry."

Twitter user Raymond Lai was with the Memeland community since May 2022. He was tricked in October into authorizing the transfer of his NFT to a scammer. Memeland refunded the 1.35 ETH it received as sales commission. It is not known whether Raymond reported the theft to any law enforcement or attempted any sort of recovery.

Sources And Further Reading

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