πŸ†How It Works

Summary

MemeVC is a contest in which meme coins compete with each other until one final winner captures all liquidity and attention.

Qualification Stage
Play-Off Stage

Rules

Qualification Stage (Day 1)

  • Anyone can create a meme coin (for $2 in 2 mins)

  • Traders buy and sell coins. The prices for all coins are the same and don't change during this stage.

  • Top 8 Liquidity coins move to the next stage.

  • All other coins eliminated, and their holders receive full refunds

Play-Offs Stage (Day 2-4)

  • Top 8 coins compete 1v1 until a final winner emerges.

  • Losing coins have their liquidity rugged.

  • During this stage there is an increasing tax effectively making buying later more expensive than buying earlier.

  • The winning meme coin receives liquidity rugged from losers as well as taxes collected (less MemeVC fees).

Last updated