#### What is Memecoin? Memecoin (MEM) is the official token for Meme.com, a unique platform that allows users to monetize memes through the creation of Memetic Assets, also known as mTokens. These mTokens, which are [ERC-20](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/what-is-erc20) [smart contracts](https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract), represent specific memes and can be bought, swapped, and traded on the platform's Meme Markets. Memecoin also serves as the underlying asset for the [NFT](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/nft) extension layer, MarbleCards, where users can create unique NFTs from URL links across the internet. The platform aims to provide a space where users can engage with and support trending memes, earning rewards in the form of [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token) and NFTs. #### How does Memecoin work? Memecoin operates as the primary currency within the Meme.com platform. Users can use Memecoin to create mTokens, which represent specific memes, and trade them on the Meme Markets. The platform also allows users to discover and create new Meme Markets using Memecoin. In addition, Memecoin can be used on the MarbleCards extension to create unique NFTs from URL links. Once a URL is used to create a MarbleCard, it cannot be used again, ensuring the uniqueness of each NFT. These NFTs can be curated by the user and used in an online Arena, where they can earn [yield](https://blog.coinbase.com/around-the-block-7-understanding-yield-farming-and-the-latest-developments-in-defi-ef9f1ac910fb) based on their performance. #### What are the potential use cases for Memecoin? Memecoin offers a variety of potential use cases within the Meme.com platform. Users can use Memecoin to create and trade mTokens, which represent specific memes, on the Meme Markets. They can also use Memecoin to discover and create new Meme Markets. Additionally, Memecoin can be used to create unique NFTs on the MarbleCards extension, which can then be curated and used in an online Arena. Users can earn rewards in the form of tokens and NFTs by supporting trending memes and trends on the platform. Memecoin aims to provide a space for anyone interested in trends, memes, NFTs, or [DeFi](https://www.coinbase.com/learn/crypto-basics/what-is-defi). #### What is the history of Memecoin? Memecoin was co-founded by Mattias Tyberg and Johan Unger, who are part of a decentralized team of twelve individuals, including five developers. Tyberg is a serial entrepreneur with extensive experience in the [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) space, while Unger is a software professional with expertise in various programming languages. The duo initially funded and built the MarbleCards project in mid-2018, bootstrapping the funding themselves. In the spring of 2021, they successfully raised $5 million in funding from various investors, enabling the expansion and launch of the Meme.com platform. Memecoin has a fixed maximum supply of 100,000,000 MEM, with a portion of the total supply allocated for ecosystem rewards, sold, and to the team, advisors, and founders.