Binance's venture capital and investment arm, Binance Labs, took an important step and announced that it has invested in Memeland's native ecosystem token, Memecoin (MEME).
Binance Labs Supports Memeland's Native Token, Memecoin
Memeland, an independent Web3 venture project of 9GAG, is known for its focus on building and investing in SocialFi and creative economies.
The platform aims to connect creators and communities through MEME tokens and NFTs by leveraging the power of meme internet culture.
9GAG, a popular meme platform, has a worldwide monthly user base of 200 million on its channels.
The team behind Memeland brings to the table over fifteen years of experience building community-based products, with a mission to bring ownership to every community in the world.
Memecoin (MEME) is the native token powering Memeland's NFT ecosystem. Memeland, 9GAG's independent Web3 startup studio, focuses on building and investing in SocialFi and the creator economy.
The aim is to connect creators and communities through MEME tokens and NFTs, further strengthening the bond between creators and their audiences.
This investment by Binance Labs is expected to accelerate the growth of this vibrant ecosystem.
*This is not investment advice.