Press release. The last ten years have done a lot to grow and empower meme culture on the internet, but the truth is, memes have existed in one form or another for a very long time. The in-depth history of memes is a topic for another time, but if there’s one thing to learn about memes, it’s to understand their immense influence on modern culture.
Memes are the perfect way to spread an idea, establish a concept and get people thinking about it. The reason why they are so successful is because they combine symbols, images and an idea into a simple presentation. Memes transfer complex ideas and thoughts while being simple, thus they have become one of the most popular ways to spread ideas and information.
For some time now, companies have recognized that memes spread information quickly and easily. They have been using memes in their marketing campaigns ever since with great success. In 2013, memes entered the crypto industry with the launch of Dogecoin (DOGE), after which an entirely new aspect of the crypto space called memecoins emerged.
Everything that’s happened around the history of memes has reached a point, preparing the industry for the launch of what could be the ultimate meme project – Proof of Memes (POM),
What is the proof of memes?
There are a lot of projects in the memecoin sector of the crypto industry – Dogecoin being the first. This started the current popular memecoin trend. This opened the door for the creation of blockchains that focused on this particular aspect of crypto. Memecoin has started to gain popularity over the past few years, spawning major successful projects such as Shiba Inu (SHIB), Baby Doge Coin (BabyDog), Akita Inu (AKITA), and countless others.
Unfortunately this new trend has created an opportunity for unscrupulous individuals to take advantage of token buyers and traders in the space. A significant portion of tokens launched on existing blockchains are built on deceptive tactics or outright fraud.
This high-risk business environment laid the foundation for creating something new and innovative to address this issue. Proof of Memes (POM) was designed to create security for MemeCoin traders. Pomchain has been built from the ground up based on this very purpose. Most of the memecoins that followed Dogecoin were launched on the Ethereum network. POM now aims to become a new hub for meme tokens, offering a range of features that have never been offered to projects on other blockchains.
Proof of Memes is a layer-1 blockchain ecosystem with a focus on Memecoin. The blockchain itself is a pre-EIP 1559 fork of Ethereum. It is a proof-of-work validation system that Ethereum used before switching to proof-of-stake. Proof of Work enables users to mine for POM coins on the POMchain. When Ethereum switched to Proof of Stake, it took the jobs of millions of people who were mining the Ethereum coin.
Proof of Memes chose to use the Proof of Work system to allow those inactive miners to start mining on the Pomchain from the ETH Proof of Work transition. This decision to use Proof of Work means that the team does not need to worry about computing capacity to secure the blockchain. Additionally, using Ethereum’s technology makes the POM EVM compatible and highly familiar to existing ETH network developers.
What does POM offer?
POM has already started building and building a rich and powerful ecosystem for Memecoin and beyond. POM has launched its own block explorer titled memscanAnd the POM team previously partnered with Empire Capital to create its chain’s native decentralized exchange, called PomSwap.
Soon, POMchain will launch several project launch avenues supported by the POM team, the most investigated of which will be Pompadour. This launchpad will be for projects officially supported by the POM team with proven usefulness. The project team will need to do KYC and audit the smart contracts of their project reliably. An easier way for developers would be safestealth Option. Here the POM will give developers a number of pre-audited contracts (provided by the POM team) to choose from. This gives investors peace of mind and represents a safe place to raise capital and launch new tokens. Pomchain already has several successful supported launches that are supported by both the team and community leaders to meet the minimum standard of quality and security for merchants.
Proof of Memes is set to turn into the ultimate memecoin ecosystem and one-stop-shop for all meme-based crypto projects. Pomachain started with the Memecoin market, but will go beyond the scope of Memecoin in the future and has already expanded. This will include dApps, NFTs, blockchain gaming, and more. This is a common and successful strategy in trading. Starting with a niche market, then expanding into other areas, Pomchain has set the stage to compete with Ethereum and Binance Smart Chain in the near future.
Proof of Memes has previously launched two limited edition NFT collections to raise funds for blockchain development while providing unprecedented benefits to NFT holders. was first issued launchpak nft combined with 10 unique premium NFTs titled Launchbox. This collection totals 500 utility-based NFTs. Owners of this collection are eligible to avail 20% to 30% off on all Pompadh launches. is another one of those limited edition collections Bridgekeeper Nft. This enables collection holders to earn a percentage of the fees collected by the upcoming Memconnect cross-chain bridge. This will allow users to mine and connect to BSC or ETH.
Launchbox and Launchpak holders are considered VIPs of the project, and will receive VIP invitations to future exclusive in-person events, including the annual Memecoin conference planned for 2023 and beyond. These NFT collectibles were in high demand at launch, and sold out quickly. Overall, POM managed to raise over 400 ETH, which is being used for development and marketing.
The platform has so far launched two official tokens – Governance Token, POMGand the official dog meme token, pomeranian ,POMD), POM originally started with the ETH 2.0 token, which served as a presale token for POM. ETH2.0 was interchangeable for both POM and POMG, an attractive 2-for-1 deal for early adopters.
POM – the future of memecoin
In just a few months, the project has created and released the PomSwap DEX, secure trading tools and utilities, a governance token, its own NFT collection, and many other benefits and features. This has been done together with a strong community of merchants and developers along with a robust network infrastructure with 100% uptime.
Proof of Memes has recognized 2023 as a new beginning for the cryptocurrency industry – one where most projects will try to recover from the devastating effects of the “crypto winter” of 2022. The team behind Proof of Memes will seize the opportunity and deliver something unique for both new and returning investors. Pomchain will further strengthen Memecoin’s presence, and allow this sub-sector of the crypto industry to flourish in 2023 and the years to come.
The long-term vision of the project is to right the wrongs of the crypto space, and address issues related to scams and unscrupulous actors. The ultimate goal is for POM to become the number one home for memecoins and beyond, as stated in POM’s catchphrase, we meme business,
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Credit : news.bitcoin.com