MemeBank recently launched a two-month airdrop event from April 6 to June 6, which also marks the beginning of its marketing campaign.
Compared to previous generations, Generation Z is earning more and investing more. This trend is largely due to steady economic growth since the early 1990s. Inflation caused by a global pandemic has also motivated many ordinary folks to invest in high-risk assets. While the local stores and restaurants closed down, the stock and crypto markets were extremely robust.
Several brokerages and sellers have devoted huge efforts to marketing to youngsters and making a great fortune. With that said, those who branded themselves with slogans echoing the grassroots spirit hardly fulfilled their promises.
MemeBank is an upcoming cryptocurrency exchange that promotes the trade and application of meme tokens.The idea was first contemplated by a group of crypto lovers corresponding to the meme stock phenomenon.
MemeBank aims to become the gateway for crypto starters, and here is how it plans on achieving that.
When a user first registers on MemeBank, they will be given the first taste of owning cryptocurrency. MemeBank offers a Bitcoin (BTC) faucet that allows users to claim a small amount of Bitcoin for free. According to its official website, the faucet gives away a sum of $500-worth of Bitcoin every hour. Giving starters a sense of possession is not a bad idea — while holding the crypto, some beginners might be interested in learning more about market prices and applications.
The next step is trading. MemeBank put an eye-catching slogan on its website: “Build your portfolio with our money.” According to one of the co-founders, the slogan refers to the Tryper Program — an iconic event with MemeBank, where every registered user is granted a $10 startup fund. If the user makes a loss above 90% in one month, they can cash out the $10-total to their wallet.
MemeBank’s product design leans toward risk-takers and high-growth seekers. Many existing exchanges charge a high amount of listing fees, which is unaffordable for many small projects. In addition to that, the long waiting times and redundant vetting procedures also make listing services inaccessible for startups. The potential of most crypto projects’ growth diminishes over time, and many investors miss the window period because of rigid vetting mechanisms.
MemeBank is startup-friendly and charges no listing fees. What the exchange requires instead is the investors’ conviction for the project. Projects have to raise a sufficient amount of votes from their supporters in order to be listed on MemeBank. This vote-to-list mechanism is way more accessible than pay-to-list.
The exchange is now offering a basket of early-bird benefits, so feel free to take a look.