MEMETOON

MEMETOON Review

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:

MEME TOON Global blockchain Comic platform

Global Blockchain Comic Platform

MEMETOON

MEME(MEME) WhitePaper Ver 1.0, September 2023 Korean

INDEX

Declaration

Abstract

Background

Executive Summary

About the MEME TOON App

Problem& Solution

Vision 07 Market

MEME Token

TokenEconomy & Business Model

Competitive Analysis

Roadmap

Token Allocation

Disclaimer

00. Declaration

Promise from MEME and MEME TOON

As a platform that prioritizes writers, we greatly value the

collaborative community of writers and encourage mutual

communication and cooperation.

We respect the creativity and artistic inspiration of writers, and we

will spare no effort to make them proud and satisfied with their own

works.

We will wholeheartedly strive to better convey outstanding works to

participants, actively supporting their creations, not only within the

domestic market but also achieving recognition and growth in the

global market.

We are committed to assisting writers in achieving success and

collectively moving forward. We will do our utmost to allow

participants to freely appreciate the works of high-quality writers.

Through different stories and genres, we will present new

experiences and emotions, promoting valuable communication and

interaction between writers and participants.

"MEME & MEME TOON" is a project platform centered around

writers, always placing writers in the forefront and unwaveringly

pursuing the original goal.

We are dedicated to transcending traditional paradigms, leading

industry innovation and development. We introduce blockchain and

artificial intelligence technology to protect the rights and works of

writers, establishing a systematic copyright protection system.

Through this innovative approach, we support writers' creative

activities and open up new possibilities.

"MEME & MEME TOON" will never lose sight of its original intention.

As a project platform for writers, we always prioritize writers and do

our utmost to help them achieve their dreams and goals.

Finally, "MEME & MEME TOON" will together with writers envision the

future of works. We will always remember our current objectives and

continuously strive for the success and satisfaction of both writers

and participants.

MEME & MEME TOON

01. Abstract

The MEME project will utilize the Polygon Mainnet to provide a

platform for artists, namely the MEME TOKEN (MEME) and MEME

TOON.

While artists continuously present exceptional works to the world

through their creations, the challenges and inconveniences they face

are often overlooked. The MEME project aims to address these

issues, focusing on the construction of a platform that prioritizes

artists.

The MEME TOON application actively leverages blockchain tokens,

staking, and NFT technology with the aim of disrupting the traditional

paradigm of content industries. This platform will offer convenient

access and support for South Korean web comics and related

content, even providing overseas participants with opportunities to

enjoy their favorite works and engage in subsequent creative

activities.

The MEME project plans to progressively roll out its services, where

participants will experience innovative offerings and new experiences

during Phase 1 through Phase 3. (*Please note that due to the nature

of evolving technological developments, the development plans or

content of Phase 3 may undergo changes or replacements.)

All participants engaged with MEME and MEME TOON, designed for

artists, will collectively experience a new realm of artistry enriched

with greater enjoyment.

MEME & MEME TOON

Chapter One Chapter Two Chapter Three

MEME TOON

Application

MEME TOON

NFT & Big Data

MEME TOON

Artificial

Intelligence

Tokens & MT

Staking

Various Membership

Plans Support

and Sponsorship

Participation Benefit

Sharing Functionbased Support

Invitations and

Activities

Various Work

Support Audio

Effects for Works

Language

Functionality

02. Background

Recently, webcomic works have been adapted into movies, enjoying

popularity worldwide, and the original webcomics are once again

gaining attention. However, not all works can seize these

opportunities, and all artists struggle in the pains of creating their

works. Webcomic creators operate within a more challenging

environment than one might imagine, facing various difficulties such

as wages, contracts, and copyrights.

Despite these challenges, the webcomic market continues to receive

enthusiastic responses, yet the MEME project finds itself in a

predicament. The global market for comics and webcomics grows

each year, and the processed content market is expanding gradually.

Nevertheless, creators work laboriously on their creations, akin to

machines in a factory. In such harsh conditions, a considerable

number of webcomic creators are even deprived of legal labor rights.

These creators overcome the hardships of reality with their passion

for their craft, deriving satisfaction and happiness from their creative

endeavors, and continue to create. The MEME project aims to make

their work more convenient and improve their conditions through

service support and blockchain technology.

We aspire to foster superior works in a better environment, pursue

innovative paradigm shifts, and effectively deliver high-quality

creations to market consumers or participants.

Currently, most platforms monopolize market revenue, and the usage

of digital services is on the rise. The proportion of paid content

purchases occupies a significant share across various age groups

and continues to grow. However, the market faces challenges; unless

domestic products can enter foreign markets, overseas participants

will find it difficult to freely utilize domestic products. Consequently,

creators are trapped, unable to actively engage in creative work,

subsequent creations, and additional content processing activities.

The MEME project seeks to ameliorate this situation.

A "meme" is a replicable social unit that conveys an idea or belief

within a person or group, a popular "cultural element" on the internet.

The MEME project utilizes service support and blockchain technology

to provide convenience for creators, improve their conditions, and

strive to create a better environment to nurture better works. This

endeavor holds the potential to deliver higher-quality creations to

market consumers or participants.

03. Executive Summary

MEME is a platform with the primary goal of prioritizing the

improvement of the artist environment. It is also committed to

conveying the artist's environment more deeply to participants and

aims to deliver high-quality works as a platform for artists. The MEME

TOON platform application aims to create a healthy culture and

industry, addressing the inconveniences of artists and participants,

and providing a space to meet each other's needs. This application is

not only used for browsing webcomics but also for participating in

protecting and processing works, sharing the benefits of ecosystem

participants, and providing convenience.

MEME actively supports and encourages prominent individuals and

rapidly growing industries that adapt to the progress of information

technology and embrace continuous change. However, there are still

shortcomings in services within the webcomic and content

industries, leading to potential interruptions in serialization based on

the artist's environment or the inability to further develop subsequent

works or processed content, often receiving attention only later.

As a service oriented toward artists, MEME extends beyond just

webcomics. It supports artists and participants in participating in the

serialization and development of works, as well as establishing a

communication system. Activities and information data will be

recorded through blockchain, which can be used for the benefit

sharing of big data services, advertising, and other related activities.

Additionally, the use of blockchain tokens will provide convenience

for global participants, alleviating the burden of internal content

usage on the platform and allowing for greater benefits through

participation in the ecosystem.

Basic activity rewards for participants of

MEME & MEME TOON are as follows:

1MT = $0.01

▪ MEME TOON app rewards

1 MT point for activity participation

10 MT points for check-ins

500 MEME tokens for registration

(limited to 10,000 users who have passed KYC verification)

- Up to 10 MT points can be earned for activities such as commenting, rating, and recommending.

- The following reward program is applicable from October 2023 to April 30, 2024, and may be subject to

adjustments based on the relationship between future user growth and token issuance. Detailed information

will be communicated through blogs or the application.

04. About the MEME TOON App

"MEME TOON" is set to be released in November 2023 (domestic

version) as an online comic and content processing ecosystem

participant system. The system is divided into Chapter 1 to Chapter

3, with the main features and content outlined as follows: Chapter 1:

Blockchain Tokens and Staking, User Interface/User Experience (UI/

UX)

I. Tokens and MT (Points)

In order to use MEME tokens on the MEME TOON platform, you need

to exchange them for MT (Points). You can use the converted MT to

access the services provided by MEME TOON. When exchanging MT

for tokens, the minimum exchange amount will be set at the standard

1000.

II. Accessing Web Comics and Processed Content

You can use MT (Points) or NFTs (Chapter 2) to access the web

comics and processed content offered by MEME TOON. All

information will be recorded on MEME TOON or blockchain data to

provide benefits for participants.

III. Individual Star Ratings

MEME TOON provides services for the development of works and

collects information. Based on participants' preferences, we offer the

functionality to individually rate and review authors and their works

with star ratings and comments. You can provide brief feedback.

Based on the respective ratings, we will offer MT (Points) rewards.

Chapter 1.

Block Chain Token & Staking, UI / UX

IV. Author and Work Sponsorship

Participants can use MT or MEME tokens to sponsor authors or

works. Sponsorship funds will be divided according to purposes such

as supporting individual authors, supporting other creations by the

author, and facilitating the continuation of the work.

V. Referral Code

All registered users of the MEME TOON App will receive an ID CODE.

Other users, when registering on the MEME TOON App for the first

time, can enter this ID CODE in the referral field. Upon entering, the

referrer will receive a 10% reward from the MT usage of the newly

registered user. It's important to note that the identity of the

rewarded individual and whether they used MT for payment will not

be disclosed publicly; this information can only be viewed through

the MT distribution log. Additionally, if a newly registered user

doesn't log in within 6 months, the entered ID CODE information will

be removed, and the account will be set to dormant status.

- VIP NFT will be awarded when recommending 50 users, and VVIP NFT will be awarded when recommending 100 users.

- If the NFT is sold out early, the distribution of NFTs may be terminated even if you have participated in the event.

VI. Staking

Participants can stake MEME TOKEN and receive a certain amount of

guaranteed income based on the staking duration. Staking durations

are available for 30 days, 90 days, 200 days, and 365 days, each

with corresponding income and quantity specifications. The

minimum staking quantity is 100,000 tokens, and the maximum is 100

million tokens.

VII. UI / UX

banner

User Information and Search, etc.

By Week

Navigation Bar

Categories

Popular Sorting Newest Sorting Sort by Type Completed Works

Web Comics and Processed Content, etc., Other Categories

Home Announcements Preferences

and Activities MY

TIME

Earnings

Available

Staking

Quantity

30days

0.5%

Minimum

100,000 units

Maximum

100 million units

90days

Total of 20%, 20 billion in total; 550 million per month, first come,

first served, for a duration of 36 months (remaining will be carried forward).

200days

365days

10%

VIII. Service Support / Introduction in Chapter 1 or Chapter 3

We plan to offer translation services for creative works and

processed content in various languages from around the world

(initially Korean, English, Chinese). This feature will be applied to

address legal rights issues related to creative works. Through this

approach, we will translate the works and processed content into

multiple languages, enhancing global user accessibility, promoting

widespread promotion and consumption of the works.

Customizability and usability, preferred UI/UX (continuous improvement)

IX. Introduction of Anti-Scanning Technology for Safeguarding

Legal Rights of Works:

We will introduce anti-scanning technology to prevent infringements

on the legal rights of works (such as unauthorized screenshots and

recordings). Through this technology, we will deter unauthorized or

unpermitted actions that violate legal rights, ensuring continuous

monitoring and relevant information collection to protect the legal

rights of works. In this manner, we will address unlawful leaks and

infringement of works, providing users with a secure environment.

X. Token Payment Upon Contract Signing

When serializing an author's work on the MEME TOON application,

we will make additional token payments as appropriate.

XV. Monthly and Annual Outstanding Works

MEME TOON will select outstanding works on a monthly or annual

basis, showcasing them publicly on MEME TOON platform and

providing various rewards such as MEME tokens, MT, and more,

based on the situation..

The one-time subscription fee is 10MT.

Subscription Service Usage

100%

2.5% (10MT)

20次

X 40 = 400MT

Allows for 50 Subscriptions

Additional Subscription Granted

with Purchase of 4 Subscriptions

50%~

Fees

Usage Rights

Unlimited Duration

Durability Decreases After Each Use

Ability to Restore After One Re

Minimum Repair Instances

The one-time subscription fee is 10MT.

Distribution of Collected NFTs

100%

0.4%

10%

Once

X 15 = 150MT

Complete Collection + Special NFT

250week

1week

10MT

1%~

Fees

Utilizing Discounts

Overall Durability

One-time Use Reduces Durability

Minimum Repair Instances

Ability to Restore After One Re

II. Art Collection NFT

Differing from subscriptions, art collection NFTs can be acquired

using MT or tokens. The information is provided below:

I. Work Subscription-Related Membership Plans

By purchasing membership NFTs with MT or tokens, the information

for the membership NFT is as follows:

Chapter 2.

NFT

Once Special Abilities 1,000 MT or Event

-Upon completing the entire collection, a Special NFT will be gifted. (The Special NFT will be distributed upon the

completion of the full collection. However, once the Special NFT is obtained, the possessed Collection NFTs will have their

special abilities disabled until their restoration. Even if all Collection NFTs are gathered through transactions among

participants, the Special NFT will not be issued until the special abilities are restored.)

*The restoration of special abilities may sometimes be achieved through lottery, 1000 MT, or events. The Special NFT will

confer certain privileges in Special NFT events, activities, merchandise distributions, and other scenarios in the future.

III-I. Artist Support

NFTs supporting the artist's new creations

III-II. Subsequent Works by the Artist

NFTs supporting the subsequent works of artists whose creations

have been serialized

III-III. Processed Artwork

NFTs supporting processed content derived from the serialized

works of artists

III-IV. Artist Interaction

NFTs designed for artists and fans who wish to engage with artists in

communication

- Common Matters Participants who wish to apply for support for the content can do so using tokens or MT. When

applying, they need to specify the details of the support they are seeking and its scope. Applications can be made in

increments of 250 MT, and applicants can choose whether or not to receive related NFT rewards based on their

preferences.

- Common Matters If supporting participants wish to receive NFTs, an additional deduction of 50 MT (NFT issuance cost)

will be made during the initial support.

- The initial durability of NFTs obtained by supported participants is 0%. Using 250 MT can restore the durability to

10,000%. NFTs that have been fully restored can be enhanced, becoming NFTs of a new level (benefits to be determined).

(NFTs associated with support will experience a monthly durability decrease of 1%. When the announced target is

reached, all related NFTs or their durability may disappear or transform into commemorative NFTs.)

- The actual goals for supporting artists will be determined based on the NFT's level and the restored durability. Support

will be accepted according to the artist's objectives. Depending on the specifics of each support, the proportion of the

subsequent activity support announcement and the overall participation support will determine the corresponding

amount of MT you can receive. (However, the proportion may vary depending on the NFT's level.)

III. Various Support NFTs According to Negotiations with Artists

Payment

Application

Deducting 50MT

Disappear or 0%

Once

NFT

10,000%

Disappear or 0%

250MT

Once

Payment

Application

10,000%

Disappear or 0%

450MT

Once

Refer to each content

Goal

Achievement

Disappear

or Change

Disappear or 0%

Activity

Once

Type

Goal Achievement

Benefits and Features

Overall Durability

Disappear or 0%

Recharge once, restoration ability

Minimum Repair

IV. Artist Profile NFT

Artists can apply for exclusive artist and artwork NFTs, which can

include their profile, work introduction, page logos from serialized

works on MEME TOON, and may also feature signatures for sharing

or selling with interested participants.

V. Ensuring Original Creator's Earnings through Artist NFT

Transactions

During the creative process, royalties can be set using blockchain

technology. As per the negotiated and desired rates, a set

percentage will be paid to the original creator from each transaction

amount when the corresponding NFT is resold.

VI. Participation in Various Events NFTs

VI -I. VIP NFT

VIP NFT is an NFT that allows participation and invitation to VIPrelated events organized by MEME. Essentially, it offers the effects of

a subscription NFT.

VI -II. Premium NFT

Similar to VIP NFT, the basic content is the same, but it also allows

additional participation and invitation to events organized by MEME

for artists. Essentially, it offers the effects of a subscription NFT.

VI -III. Special NFT

Similar to VIP NFT and basic content, this NFT enables additional

participation and invitation to events organized by MEME in

collaboration with partner companies, facilitating communication.

Essentially, it offers the effects of a subscription NFT.

VI -IV. Event NFT

Similar to VIP NFT and basic content, this NFT is related to MEME's

events and can be used as participation-targeted NFTs based on the

event's context.

Chapter 3.

Service Support

I. Translation / Also to be Introduced in Chapter 1 or Chapter 3

We plan to offer translation services for copyrights of works and

processed content in various languages across the globe (original

language, English, Chinese). This feature will be applicable to works

where legal rights issues are resolved. Through this functionality, we

will translate the works and processed content into different

languages, enhancing global user accessibility, contributing to

widespread promotion and consumption of the works.

II. Creative Assistance

We plan to utilize artificial intelligence technology or human support

to assist in creating content, including serialized novels, illustrations,

and more. In the future, we will collaborate with renowned authors

and other experts to expand our support scope, covering areas such

as storytelling and consultation.

III. Work Interpretation Support

As the comic series progresses, significant plot points accumulate,

making it quite challenging to remember all the crucial details. We will

introduce a feature to log and interpret important content detected

by artificial intelligence, guiding readers in answering questions. This

will facilitate a better understanding of the work for readers.

IV. BGM and Sound Effects Support

To enhance the immersion of the works, we will not only provide

background music (BGM) and sound effects but also support

comprehensive story narration through narration and other means.

This will contribute to elevating the immersion, focus, and overall

quality of the works.

I. Membership Registration (KYC)

II. User Categories (Administrators, Writers, Participants)

III. Announcements

IV. Artwork Collection (Favorites)

V. Activity Log (Comments, MT, Tokens, Exchanges, Activity

Participation and Results, etc.)

VI. Free Token Events (Tasks)

VII. Work Recommendations

VIII. Monthly and Annual Outstanding Works

IX. And others (abbreviated)

Interface

05. Problem & Solution

MEME aims to address challenges within the realm of writer activities

and environments, propelling them towards the creation of more

diverse and high-quality processed content. Consequently, in order

to establish an ecosystem that enables a wide range of participants

to access superior works and processed content, MEME strives to

tackle the following existing market issues: By addressing these

challenges, MEME seeks to initially create an ecosystem that

empowers diverse participants to access superior works and

processed content.

Discover understand information/

time SHARE linkage Benefit

II. participant

I. Writer Issues and Solutions

I-I. Environment

Despite improvements in writers' compensation to a significant

extent, many writers, apart from well-known ones, still face relatively

unfavorable environments in terms of creating and serializing works

(wages and contract conditions, minimum guarantees, etc.).

I. writer

Environ

ment creation develop communi

cate processing Benefit

I-II. Creation

A writer's creative process is the culmination of countless

contemplations until inspiration strikes. Through these arduous

musings, writers embrace an explorative spirit and courage, embarking

on the adventure of serialization. While some works have a solitary

author, collaborative creations involve numerous writers. However,

opportunities for writers to connect, acquaint, and collaborate with

others who share their creative values are somewhat limited.

I-III. Market Entry

Even when a work is brilliantly crafted, navigating it into the right

market proves to be a significant challenge. In other words, achieving

successful creation and suitable market positioning entails substantial

hurdles.

I-IV. Communication

The works created by writers, upon entering the market, encounter

various consumers and participants, each with different circumstances

ranging from age to preferences, and even the amount of time they can

invest. In the environment where writers and participants intersect over

the works, communication is crucial beyond the understanding of the

works themselves, but this is considerably challenging in reality.

I-V. Processing

Once a work gains recognition and success in the market, it often

extends into sequels, movies, and other processed content.

Regrettably, not all outstanding works receive sufficient processing,

and a lack of communication in this process is a significant issue.

I-VI. Interests

In order to focus more on creating better works, writers need to leave

not only their creations but also their interests. Establishing a

mechanism that integrates interests with the living environment can be

a turning point for new perspectives and considerations, impacting

both the quality of writers' lives and the quality of their works.

II. Participant Issues and Solutions

I-I. Discovery

There is an abundance of exclusive serials on various platforms, making

it quite challenging to find high-quality works that suit one's

preferences.

I-II. Comprehension

Participants are able to grasp the author's intentions, the settings of

the work, and the worldview, deriving engaging stimulation. However,

understanding the work itself is not necessarily easy.

I-III. Information and Time

Beyond just understanding the work, there is a need for information

and time regarding news, directions, relevant details, and activities

related to both the author and the work. We believe that our role

extends beyond merely appreciating the works; we also aim to address

informational or communicational aspects. These are the services we

endeavor to provide.

I-IV. Interconnection

While encountering beloved works is joyful, it can also trigger some

dissatisfaction, such as the conclusion of a work or the termination of

a serialization. In order to connect the culmination of a work with new

beginnings, facilitating further development into sequels, movies, and

other processed content, both MEME and MEME TOON will jointly

support and encourage such endeavors.

I-V. Benefits

Writers garner recognition, participants experience joy through the

works, which play a positive role in creative endeavors. However,

such creative activities and engagement come with consumption.

Depending on the participants' context and the scope and quantity

related to the works, this could impose certain burdens. In light of

this, both MEME and MEME TOON are committed to alleviating the

participants' burdens, providing support for them to acquire benefits,

and striving to ensure that the writers' environment remains

unaffected by market contraction. The challenges faced by demandside participants can potentially impact suppliers, resulting not only in

market stagnation but also in varying degrees of contentment among

every member within the market. This also signifies support for

aspiring writers in the future.

I-VI. Solution & MEME Story

For the betterment of authors, participants, the market, and the

industry, we are committed to putting forth our utmost efforts.

Through diligent research and dedication, we are prepared to

address these issues by leveraging blockchain technology, namely

MEME, and the platform ecosystem known as MEME TOON. Our aim

is to achieve a focus on sustained creativity rather than transient

creation. While it may not be possible to immediately resolve all

challenges, we will approach this in a phased manner and continue to

progress through ongoing refinements. We seek increased

participation and support to realize these objectives.

06. Vision

The vision of our MEME team is to address what we perceive as

challenges for writers and participants, and to transform the

conventional paradigms of participant satisfaction within the context

of the "Webcomics and Blockchain" industry, thus establishing a new

paradigm. When discussing our vision, it seems that our collective

efforts and the support from writers, participants, administrators,

partners of MEME, and MEME TOON, as well as our shared

commitment to progress, can collectively be referred to as our vision.

To serve as a solution, we believe in the significance of openness and

transparency in our chosen approach, which is why we have opted

for blockchain technology. In pursuit of our goals, we have initiated

this project and aim to derive both enjoyment and trust from it,

aligning with our objectives.

We will not chase endless commercial gains and benefits, nor will we

endure in a ruthless ecosystem and operation. We hope to maintain

this mindset and continue progressing through ample communication

and reflection.

The issues inherent in traditional webcomics can be partially

addressed by MEME TOON, and for those that MEME TOON alone

cannot resolve, blockchain-powered MEME will serve as the solution.

If we believe that problems have been suitably resolved, the initial

writers and participants, as well as webcomics represented by MEME

TOON and the successful application case of blockchain, MEME, will

stand as excellent examples.

Some projects might grow weary from the long journey, and tears

may even be shed. We will stay true to our original intentions,

maintain communication, and silently work toward our goals—this is

our greatest vision. Furthermore, we will continue to strive, not only

to address various challenges but also to create exemplary use

cases, advancing resolutely.

07. Market

In addition to the webcomics market, the overall content market is of

considerable scale. Starting from 2021, driven by the spread of

COVID-19, the expansion of contactless industries, and the

convergence of ICT technology and content based on digital

initiatives, the industry paradigm has undergone a dramatic

transformation. Due to this rapidly changing social environment, there

has been an increase in the uncertainty of market forecasts within

the content industry, and different sectors have experienced

contrasting changes.

Under the impact of COVID-19, the sales revenue of South Korea's

content industry decreased by 0.5% in 2020 compared to the

previous year, reaching approximately 126 trillion Korean won. The

export volume, however, continued to exhibit a growth rate of 6.3% in

2020, surpassing previous years' rates, and reaching approximately

1.08 billion US dollars (Ministry of Culture, Sports and Tourism, 2021).

Notably, sectors such as gaming, film, and "webcomics" within the

realm of non-contact consumption played a dominant role,

significantly influencing the growth rate.

Based on the overall assessment of the global content market size

and prospects, it is projected that by 2022, the content market size

will reach $263.01 billion, and it will continue to grow at an average

rate of 4.98%, expected to persist from 2020 through 2025.

In other words, the content market across various countries globally

is substantial, with the comic or webcomic sector already holding a

significant share. Leveraging the intellectual property (IP) of comics

or webcomics to create additional content expansions can lead to

market growth in untapped segments. Cases such as "Together with

the Gods" and "Chaebol's Youngest Son" serve as examples of

utilizing comic or webcomic IPs to drive market expansion into

previously unexplored domains.

멕시코 인도 글로벌 일본 중국 미국

1800

1600

1400

1200

1000

800

600

400

200

2017 2018 2019 2020 2021 2022 2023 2024 2025

The comic market’s scale and prospects.

Mexico India Global Japan China America

unit

成员

1 million US dollars

10 million US dollars

1 million US dollars

9.33

5.48

-5.46

12.3

6.52

5.36

sort

Global

America

China

Japan

India

Mexico

Based on the purchasing ratios of paid content such as comics or

webcomics and the ratios of character merchandise purchases, the

proportions of different age groups ranging from 10 to 60 years old

for paid content purchases vary between a minimum of 27% and a

maximum of 57%. In terms of character merchandise purchase ratios,

the minimum is 31.6%, and the maximum is 53.7%, indicating a

relatively high level of engagement.

Reader proportion for purchasing

character merchandise Korean comics

In 2021

Paid content purchasing ratio

for Korean comics

In 2022

10~19

20~29

30~39

40~49

50~59

60~69

49.9%

57%

55%

44.4%

32.2%

27.6%

53.7%

38.4%

40.1%

41.6%

32.2%

31.6%

The vastness of the market implies a significant amount of

participation and consumption activity, making the market operation

and engagement dynamic. In other words, there is a well-fulfilled

balance between demand and supply, where consumption is

achieved through active participation. This underscores the

importance of consumer capacity. In mature markets, by pioneering

new paradigms through differentiated technological capabilities and

service strategies (such as blockchain, webcomics, artificial

intelligence, etc.), conquering and sharing the benefits of the market

becomes a collective endeavor with participants. This allows

creators' works to be presented to users with minimal burden, free

from the constraints of consumer capacity. It guides the market and

brings the joy of creative works to participants, providing authors

with a deeper sense of creative satisfaction.

Operated by MEME, MEME TOON undoubtedly emerges as an

innovative platform that leads the way in creating these new

paradigms.

08. MEME Token

Platform for Authors, Combined Service Support and Blockchain

Technology for Authors and Participants, Ranging from Webtoon to

Processed Content, MEME and MEME TOON:

content

MEME

ERC-20

100,000,000,000

MEME is not guaranteed by specific assets or specific prices, There are no guarantees,

only potential value. It is the owner himself who is responsible for the value of holding

MEME tokens.

MEME tokens do not represent ownership or rights to MEME TOON.

Classification

symbol

type

Circulation

value

MEME & MEME TOON serve as platforms for authors,

safeguarding their copyright rights and driving

innovative new paradigms in the Webtoon market. The

basic activity rewards for participants for the period

from October 2023 to April 30, 2024, are as follows:

1MT = $0.01

▪ MEME TOON app rewards

1 MT point for activity participation

10 MT points for check-ins

500 MEME tokens for registration

(limited to 10,000 users who have passed KYC verification)

Compensation as of October 2023 to April 31, 2024

- Up to 10 MT points can be earned for activities such as commenting, rating, and recommending.

- Please note that the above reward details may be subject to change due to factors such as user growth

rates. In the event of changes, notifications will be provided in advance, at least 30 days prior, through the

MEME TOON application, the MEME official website, or a blog post.

Platform for Authors, Service Support, and Integration of Blockchain

Technology for Authors and Participants, Spanning from Webtoon to

Processed Content, MEME and MEME TOON:

-"The initial phase from August 2023 to December 31, 2024, does not apply to destruction. Destruction will commence on

January 1, 2025, based on membership data from January 1, 2024 (previous year) for comparative assessment, and

decisions for destruction will be made accordingly.

-The details of the aforementioned destruction may be subject to changes due to factors such as circulation and liquidity.

In case of any changes, advanced notice will be provided through the MEME TOON application, MEME official website, or

blog at least 30 days prior to the change.

Considering the circulation and liquidity generated from participation

in the MEME & MEME TOON ecosystem, to prevent any insufficiency

in the quantity of MEME tokens for the ecosystem, rewards, or

staking, profits from the MEME TOON application will be used for

token repurchases via cryptocurrency exchanges. This repurchase

(Buy Back) will not involve token holders.

Destruction quantity

award

10% of total

(10,000,000,000)

The fund currently holds

1% burn

Remark

January 1, 2025 at 00:00

Based on 20 members

January 1, 2025 at 00:00

The number of members is 21

(destroyed)

The number of members is 22

(not destroyed))

benchmark

MEME TOON

registered member

compared to last year

10% growth rate

if not achieved

Additionally, token holders cannot request to use their tokens for

purchases. The tokens obtained through repurchases will be

exclusively used for participation rewards or activities. Furthermore,

during the repurchase of MEME tokens, if there are more buy requests

than sell requests, this may lead to an unexpected surge in MEME

token prices. Therefore, repurchases will be conducted based on the

following criteria.

Information regarding MEME(MEME token) destruction is

presented in the table below.

time to buy Remark

The maximum limit of single-day

purchase will not exceed 5% of the

transaction volume of the previous

day

The disclosure of information

such as purchases will be kept

confidential based on reasons

such as price surges, token

prices, and liquidity confusion

Purchases will be made through

exchanges, but not through token

holders, as a reason for buybacks.

benchmark

-The content regarding the a for mentioned token repurchases may be subject to changes due to factors such as

circulation and liquidity. In the event of any changes, advanced notice will be provided through the MEME TOON

application, MEME official website, or blog at least 30 days prior to the change.

-To prevent negative behaviors such as token counterfeiting, other mainnet tokens (e.g., BEP-20) will be issued and

immediately destroyed. Information pertaining to the destruction of these other mainnet tokens will be promptly disclosed

through various channels such as media and blogs.

Token Economy &

Business Model

09.

The platform provided for writers integrates service support with

blockchain technology, covering a range of offerings from Webtoons

to refined content. This ecosystem is represented by MEME & MEME

TOON.

MEME is the token within the MEME TOON ecosystem, denoted as

MT. With a limited supply, the ongoing distribution of tokens to global

participants may raise concerns about sustained token scarcity.

However, MEME can generate revenue across multiple domains in the

operation of MEME TOON.

I. Exchange of MT (Points) Used in MEME TOON Application:

As detailed in section 4 of this directory, MT (points) can be

exchanged for various offerings provided by MEME TOON, such as

Webtoon subscriptions, and might find extended applications in

future offerings.

II. Advertising Revenue:

Considering the global participants, MEME TOON application may

choose to introduce advertisements in order to generate advertising

revenue in the future.

III. Big Data Business:

By analyzing user activity statistics in an anonymized manner,

revenue can be generated through big data business operations,

without involving personal user information.

IV. Events or Product Sales Related to Works:

Collaboration with authors and linking works to subsequent products

or events can lead to additional revenue through agreements during

activities or other product sales.

V. Copyright Protection and Related Activities for Authors:

In the realm of safeguarding authors' rights, income can be earned

through agreements related to copyright infringement fees or

protection efforts.

10. Competitive Analysis

The platform provided for writers integrates service support with

blockchain technology, encompassing everything from Webtoons to

refined content. MEME & MEME TOON possess competitive

advantages across multiple aspects.

Service

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