One of the most optimistic interview With 9gagceo And overpricedjpegs O memeland!
Here is a summary of the best moments:
1. NFT can no longer be the ultimate goal.
It should be a means to create a product or business that serves the masses.
Purpose of creating NFTs — creating a strong community base that will support your long-term strategy and become your partners/representatives.
2. “How to create BIG value for an NFT that is already worth 40 ETH? Does it scare?
The game is scary but fun. The value must come from outside the NFT.
“By building a product/company, you can get billions of users, and the value you create can be in the billions.”
3. It's impossible to beat Facebook and TikTok on Web2, but on Web3, Memeland has the opportunity to take the lead.
It would be very radical and almost impossible for TikTok and Facebook to launch their own take up and change their entire business model.
4. Unlike many NFT projects, money is not the driving factor.
The team is already working successfully with 9GAG and make a living doing just that. This is an extension/evolution of an existing successful business that has been going on for 15 years.
More money ≠ More happiness
5. At the time of the mint, Memeland ETH was at $1200.
They planned a financial plan for a two-year period, with the expectation of 50% reduction. At $600 ETH they would have enough to run 2 years with 30-40 employees. Not a single $ETH was taken from the wallet memelandreserve.eth, and it is estimated at $18 million.
6. The best part is that they don't even NEED THE MONEY thanks to 9GAG's income.
This distinguishes them from "collecting money"… they just want CREATE.
10 BAYCs were purchased with the 9% royalties everyone was talking about… and you know what? The cost returned back to the holders!
7. NFT is an attention game!
Ray is a master at this.
High royalties = deception = attention.
Bet on a golden key 999WETH = attention.
Gags values \u003d attention.
He finds a way to always draw attention to Memeland.
Few founders understand the art and the importance of it.
8. PFP = Proof of Fandom!
A platform that allows global Web2 IPs/brands/celebs to release their digital collectible goods or services for your most dedicated fans.
The team packs the formula for success NFTs from memeland into the system. So that the brand can use it for SUCCESSFUL launch in Web3 👉 This will include systematic learning about what Do's and Don'ts in Web3.
“It's critical that Web2 IP/Brands/Celebrities successfully launch on Web3 to make Web3 look good.
It damages the image of NFT and Web3 when everything is filled with cache grabs, flooding and arrogance.”
9. Competition.
The strong Memeland community acts as an added value for IP/Brands transitioning to Web3.
For example, they get support from the existing best community in Web3 by dedicating 20% WL to holders memeland.
At the same time, NFT tokens will be launched in $meme, which will lead to an increase in demand for the token.
The remaining 80% WLs will go to the existing IP/brand user base.
End users will not need to believe in or understand cryptocurrency in order to mint. A payment solution will be used based on blockchain, allowing users to simply use credit card for a mint of these NFTsthat will make the $meme exchange for them.
10. The driving force for Web2 and Web3 is Asia.
memeland is one of the few leading projects based in Asia, and China hopes make Hong Kong a world hub for Web3, while the US wants to completely stop and control it. This puts Memeland in a privileged position for the future of Web3.
The most high-profile NFT collections at the moment:
The Potatoz floor 2.98 ETH
The Captainz floor 5.96 ETH
Translation author thread : love mushroom
