memgen.io
@memgen-io
What problems Memgen.io has solved that many projects fail on! 1) Liquidity: The Memgen tokenomics solves liquidity problems many other projects face via its smart contract system. A 1% fee is taken in BASE ETH of every buy or sale of Memgens $WAG token and used to buy more $WAG from the open market and to create more ETH/$WAG LP! 2) Over supply, inflation and demand: The Memgen.io tokenomics solves over supply, inflation and demand issues again via its smart contract. Firstly there is a finite amount of $WAG token the mint function is dead and no more tokens can be created. Further more a 1% fee in BASE $ETH is taken from every buy and sell of the $WAG token and used to buy $WAG from the open Market to BURN. Therefore creating a depleting supply over time making the token scarcer as demand grows.
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memgen.io
@memgen-io
3) Marketing Funding: The Memgen.io tokenomics solves issues many projects face for marketing in two by factors. Firstly a 1% fee in BASE $ETH is taken from every buy and sell of the $WAG token via a smart contract and is sent to a marketing wallet. Giving a constant supply of funding for marketing the project. Secondly as our smart contract collects $ETH the Memgen project solves a problem many projects face when raising marketing funds. That is we don’t have to sell our own token and dump on the community.
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memgen.io
@memgen-io
4) Passive Income/ Token Utility: Unlike most meme projects or other token projects who have a token structure based on hopium. Where all investors have is a speculation on price increasing based on belief or even thin air. The Memgen.io tokenomics actually have a passive income structure that will pay $ETH rewards for staking the $WAG token. A 1% fee in BASE eth is taken from every buy and sell of the $WAG token via a smart contract and then giving back to those who chose to hold and stake the token. That’s right folks stake $WAG earn $ETH. This in turns gives investors a liquid reward they can sell and use for what ever means without creating selling pressure on the project. Also creating a demand reason for the $WAG token itself.
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memgen.io
@memgen-io
5) Security/Non-Rug project. One of the most important features of the project is there is NO DEV wallet, No DEV token allocation. This means as a project we cannot dump a huge supply on investors and run away. When investing into the fairlaunch investors can have faith that they are investing into a project that does not have 10% + supply of tokens given to the DEV prehand. This further securing the project and adding a great level of transparency from the start.
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memgen.io
@memgen-io
6) Multiple Revenue Structure. Many projects release a token and that’s it they either make on hopium and hype or fail. The only revenue structure is for the DEV team to sell at some point to get there funds for exit or continuation. In all honestly it’s a poor show and has a ZERO revenue structure. This is where Memgen strives to be the best and a cut above the rest. Not only does the project have a sound revenue structure from tokenomics and ETH fees collected. We have a brand and clothing range entering the premium street wear market. Plus more to come we are building an ecosystem on chain.
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memgen.io
@memgen-io
Further notes to take away before you think about investing. 1) All our smart contracts are audited by @CoinsultAudits. 2) Our project was designed fresh and built to last,its original and not a fork copy or paste. 3) Before launching our token the team have spent over 6 months building a community and marketing our project building strong foundations for an everlasting project and brand. 4) The DEV team can be easily contacted and even seen speaking and hosting spaces weekly. We don’t hide behind close doors or ignore people. 5) DEV has KYC/Doxxed to legitimate ID company @CELTDio.
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