Memes are one of the best forms of communication that exist nowadays. There was a time around the 1990s when people were sharing funny short clips and then a few years later, Facebook entered our lives. Facebook made it easier to exchange photos and videos between the users and that’s how memes become a regular thing.
Before we start to understand the popularity that memes gain and their intersection with NFTs, let’s define what a meme is?
What’s a Meme?
Memes are short video clips or photographs that get adopted by a large population on the internet for amusement purposes and get shared multiple times over a long period.
For instance, the disaster girl meme went live in 2004 but still maintained its popularity over the years.
Now the question is, how did they become so popular?
Popularity Of Memes
Memes are a kind of art. Not everything can be a meme but at the same time, anything can be a meme if the artist knows how to communicate the emotions correctly.
Memes are popular because they are realistic, people can relate to them and they are successful at communicating different sentiments, emotions, and even important messages. Memes hold a special place for everyone connected on different social platforms.
From sharing them on social media to participating in making them, everyone feels like a creator and that’s why it got more popular in recent years.
Another reason memes are getting popular is the online transactions and high popularity of blockchain applications like NFT. The meme industry has taken participation in the NFT race and it is moving at a pace that has been getting a lot of attention.
Let’s see how the meme industry is making its market in the NFT ecosystem?
The Intersection Of Memes and NFTs
NFT and Memes have made their strong case and have taken the world with an impact. A popular disaster girl meme was auctioned as an NFT in May 2021 for 180 ETH (approx five hundred thousand dollars).
NFT has benefits like feeling linked with having something unique that gives one of a kind experience. Reselling of NFT is an additional benefit in the decentralized marketplace and all the transactions are secure to the blockchain.
This is the reason, MOM has been launched to primarily focuses on enabling meme creators to create memes, sell and buy.
MOM for Memers
MOM is here to create a new type of social network for all the meme creators and it is collecting memes on the blockchain. It’s an open network where creators can build their audience without compromising any kind of privacy.
It’s going to be a platform that will give memers to lock their ownership, create memes and sell them to their fans directly. MOM is here to introduce the monetization of memes.
With that, MOM offers 1% reflection tokens to holders, so, the longer you hold MOM, the more you benefit from it.
MOM is gonna alter the existing ecosystem in the favor of memers and benefit the memers in the best way to build the best community of memers.
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