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
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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