Memeunity AMA Recap With Neng Yuni Forum
Dear Community, Welcome to the recap of our AMA with Memeunity.
Our vibrant and enthusiastic community had a lot question to ask. To those who want to know quickly what Memeunity is about, we are sure this recap gonna help you. So without further, continue reading.
Speaker : Eyad Khaled — CEO of Memeunity
First Session Project Introduction
Before we start our first session can you introduce yourself?
Mr. Eyad: I’m Eyad, cofounder of memeunity and the current team leader as well. I’m a jack of all trades who worked in way too many industries over the course of the past 6 years, but mastered my marketing and business development skills the most. Right now, I’m super invested in the decentralized potential that blockchain technology offers the world, and I wanted to build memeunity to be the first alternative to traditional social media based on that merit.
Q1. Can you tell us what is Memeunity? And a short story of how came up with idea for Memeunity?
Mr. Eyad: memeunity, or MU for short, is a decentralized interactive social media platform that focuses on the power of humor, comedy and the universal language of laughter by utilizing memes. We’re also doing that with the tech of NFT, offering cards that can be bound to our posts and to be used in other kinds of stuff in general. What we’re trying to build is something that should be the complete opposite of how the current social media sites work, something that people will actually benefit from, and won’t cause them any anxiety or social issues unlike the current ones. As for how we came up with it, it’s actually funny.
A few months ago, I was discussing with Domi, our COO and cofounder, the potential for creating a meme-based coin similar to Dogecoin that is actually more useful, and then she completed the idea by suggesting that we make it a social media platform that’s built on the foundation of memes and decentralization instead.
Q2. Can you briefly describe Memeunity’s main advantages over its competitors?
Mr. Eyad: Oh, that’s really easy to answer. We don’t have any competitors.
This project is the very first of its kind, and there’s nothing similar to us whatsoever at all, giving us a first mover’s advantage that will allow us to introduce something brand new to the whole world.
Q3. What is the name of the token that Memeunity has? How much supply is available and where the token allocated?
Mr. Eyad: We’ve got two different tokens in our multi-token system. MUU and MU DANK. Our primary token is MU DANK. Total supply for MU DANK is 50,000,000 in total. As for the tokenomics, here’s a link that covers it all: https://docs.google.com/document/d/1hzSz46MQm8Bn4ytWL4Op-LPDWfV7w_NYDMOxTYqFYSs/edit?usp=sharing
Q4. Can you please tell us more about the token economics of the project? What utilities does the token have and what benefits will tokens holders get?
Mr. Eyad: Tokenomics are already covered in the link I shared in my last answer, but as for utilities, the token can be used to stake and receive NFT rewards. As for MUU tokens, they will be primarily useful in our platform when it launches, as you can earn them as rewards for the content you put out, and you can also use them to purchase sticker packs and customizations to the platform when it’s launched. Token holders benefit greatly from having DANK because not only will they be able to stake, but like I said, they can participate in NFT trading with the cards that they’ll be receiving from staking. We’re also researching other methods that would benefit token holders both short and long-term.
Q5. To sum up, can you please share with us your nearest milestones that you plan to achieve by the next month/year?
Mr. Eyad: Next month? We’ll have released at least 2 card packs from our NFT collection, raised enough funds for a ginormous marketing campaign to boost awareness, and be already mid-development for the trading market platform.
But next year? memeunity would have launched its main social platform, and operation would begin officially by then.
Second Session “Twitter Question”
Q1. NFT system put in place that links the memes you post and generates cards for them, which rise in value if your meme gains traction, and it keeps rising the more it gains more. How do i make memes have traction to increase results?
Mr. Eyad: Well, you need to be creative, make a meme that appeals to people, and then it will probably attract a lot of users who will then share it, and maybe it gets shared too often that it trends, causing the best result possible to happen and raising the NFT card’s value significantly the more people share that meme and talk about it. We want MU to have great content, and to intice our users to do their best and be creative with their creations. That’s why we’re linking NFT cards to the meme posts that would be published there.
Q2. you hold token sale over 3 different rounds. such us:
1. Seed (Private) Round — $0.06 / 1 DANK
2. Presale Round — $0.08 / 1 DANK
3. Public Round — $0.1 / 1 DANK
The 3 different rounds, rounds of which part can generate profits very fast?
Mr. Eyad: I don’t think speed matters, honestly. Each round is critical and each round will have its own duration. I think it’s irrelevant how long any of them would take, and I never gave it much thought.
Q3. Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like your?
Mr. Eyad: I’ve never been a fan of social media. I only had to use it for my marketing agency back in the day. I also noticed that in 2020, the main reason people kept their sanity was due to memes and making fun of the whole crisis. That’s when I realized that we all needed a safe space online that respects our privacy where we can enjoy ourselves, laugh a lot, and not worry about a thing. This is how we got the idea for MU.
Q4. Do you plan to build partnerships with local cryptocurrency developers and local project in each country to make the use of the token more global?
Mr. Eyad: No, not really. Our token’s usage is already global since anyone who participates in the platform and uses it can freely use it wherever and however they want.
Q5. Many new projects made a good impression at first but were suddenly abandoned. How will you manage Your project to gain a place in the market and become a best token in the blockchain world?
Mr. Eyad: There’s no such thing as a “best” token. But there’s authenticity and legitimacy, which we plan to uphold. Managing the project is simple, we just need to make strategic partnership that actually make sense and serve our goals, and do our best to keep our trust between us and our community as robust as possible.
The Third Session “Live Question”
Q1. How many killer features of Your project that makes it ahead of its competitors? Could you tell us 2–3 features?
Mr. Eyad: We’ve got a ton of features. Here are my 3 favorite ones:
1- Random events while browsing. Using our self-learning algorithm, our platform will automatically send random “encounters” to the user that involve funny content that they didn’t expect to show up. Could be a mini game, a funny sound, depending on the user’s behaviour.
2- NFT Posts and Cards. We already discussed this before. Your post/meme can affect the value of cards, as it generates a card that will always be associated with the meme you’ve created, and the more they are shared and used by others, the higher in value it goes.
3- No information required. You only need to sign up with your email and that’s it. It won’t even be shown to anyone, you don’t need to add a picture, real name, address, any of that. Just make a username through your email and that’s it!
Q2. Memeunity, what impact do you want to achieve in the crypto community, do you have a professional team and the support of the community?
Mr. Eyad: We want it to be more genuine, and we want to do that to show ourselves as an example of how that could be done. I’ve seen a lot of companies in this space being built on shady methods that aren’t really ethical at all, and I’m fed up with the way the crypto space currently works. Very few blockchain companies are truly authentic, and maybe, hopefully, MU will be able to show that this can be done without any shady tricks or scammy talks. We’ve got a wonderful team on board, and our community has shown us a tremendous amount of support so far! We won’t disappoint them.
Q3. Tell us a little bit about security? Have you done an audit of the platform? Are the smart contracts error-free? What are the test results?
Mr. Eyad: We’re working on auditing the token right now. We won’t hold any presale or live token sale until the audit has been completed.
Q4. Security is priority of every investor. So how you ensure your investors that their investment is secured in your project? So that they can invest without any doubts?
Mr. Eyad: Because we’re locking the team’s tokens on Unicrypt for 2 years, the liquidity will be locked for a whole year, and we will follow all the necessary measures to ensure the safety of our investors and their interests. They are our backers and the only reason our dream can live on and exist, and it would be flat-out dumb for us to throw all of that away.
Q5. What companies are you partnered with or seeking to partner with in future ? What companies are you partnered with or seeking to partner with in future ?
Mr. Eyad: We’re currently partnered with Ferrum Network for staking. We seek to partner with relevant companies as well, such as Tokentuber, Phantasma, and so many more who can help us reach our vision.
Alright, those are the 5 select question
Thanks to Mr. @eysidimus who gave us the time to share this knowledge, I hope we will understand more about Memeunity.
Well…
We declare AMA’s Series Neng Yuni with Memeunity, is Done. 🥳🥳🥳🥳
thank you to the participants who have attended this event to the end.
the winners will be announced soon🥳🥳🥳
Telegram: https://t.me/memeunityontg
Twitter : https://twitter.com/thememeunity
Website : http://memeunity.com/
Discord : https://discord.gg/jUGeu7Gsmx
THANKS TO ALL OF OUR COMMUNITY
HAVE A GREAT DAY
Edited By : Neng Yuni
