By Jeanne Johnson Last updated Mar 13, 2024

Memeland NFT by 9GAG – What is it for?

9GAG, a well-known meme site, brings the Memeland NFT collection to the memetaverse. And meme lover or not, 9GAG offers its supporters perks that are sure to inspire buyers to join the project.

MemeLand NFT Project

Founded in 2008, the platform’s global audience of over 200 million became filled with Web3 enthusiasts. Now, fourteen years after its inception, 9GAG aims to move its community to the blockchain in a collection of 9,999 salt sea captains.

Along with their crews of seasoned pirates, each owner can explore the “Broken Sea” in their quest for riches and glory as they battle the monsters that lurk below.

In addition, holders can benefit from exclusive access to an NFT marketplace, private clubs, and even real-life events. Not to mention early access to 9GAG projects and exclusive drops.

MemeLand NFT Key Takeaways

Memeland is a collection of 9,999 utility-enabled PFPs
Get your “YOU THE REAL MVP” collection, and you could get 2 x @MEMELAND many perks such as free mints.
They operate a blind auction for YOU THE REAL MVP, to enable their community to set the price. The final price reaches 5.3 ETH.
Created in 2008, 9GAG has a global audience of 200 million across its apps, Facebook, website, and Twitter.
Players can get $MEME through passively staking and holding or creating content and actively playing.
Many celebrities like @kevinrose and @garyvee became involved in the Memeland project.
Memeland has a lot of similarities with Invisible friends, Moonbirds, CloneX, The bored ape yacht club and Doodles, and some of the other successful NFTs.

Memeland NFT distribution

As the project evolves, details and numbers may change until the official launch time. However, these are the current numbers for the 9GAG NFT collection.

6,900 for 9GAG whitelist winners and their partners

3,000 for whitelist sweepstakes winners

99 for future collaborations and marketing purposes

The founders claim that no roadmap will be present at this time, as “there is no road on the sea.” While 9GAG tries to “over-deliver and under-promise,” some holders may find this approach disturbing, given the specific cash and capture techniques.

Although new to the NFT game, 9GAG is no small fish and plans to promote his Web3 developments through this collection. Therefore, 9GAG will receive 6.9% of secondary sales to fund operations and hire new members to enhance value to the community.

What is 9GAG’s MemeLand NFT?

Fourteen years after 9GAG’S creation, the company intends to shift its community to the blockchain with a collection containing 9,999 salty sea captains.

Along with savvy pirate crews, holders can discover the “Broken Sea” in their search for riches and glory as they challenge the monsters that lurk beneath.

Besides, holders could benefit from exclusive access to private clubs. As well as the NFT marketplace, even real-life events, and also early access to exclusive drops and 9GAG projects.

Memeland encompasses a collection of 9,999 utility-enabled PFP aka Captain unlocks. Unlike lonely NFTs, which could only be acquired in your digital wallet, Memeland NFT gives you value, and each Memeland PFP, aka Captain, provides utilities like:

VIP access to the creator NFT marketplace
IRL (In Real Life) events
Private club membership exclusive access
Upcoming 9GAG projects and drops

It’s actually interesting since they are rewarding players for taking part in creating content. That’s how they grow their user base.

Even if they dispose of a very large user base already.

$MEME represents a token created to prop up the creator economy. $MEME token serves as Memeland’s governance token.

Influenced by the “You the real MVP” speech given by famous basketball player Kevin Durant, their first collection is called “YOU THE REAL MVP.”

“YOU THE REAL MVP” also stands for a private group containing 420 legendary Memeland MVPs. MVP represents a premium membership for the Memeland ecosystem.

It’s an out-of-the-box way of thinking and rewarding their passionate community. The benefits include allowlist for all future 9GAG and Memeland projects (“THE POTATOZ”), 2 x MEMELAND CAPTAIN’S free mint, MVP role & MVP lounge in their Discord.

If you are lucky enough, you may still stumble upon an MVP on LooksRare,

OpenSea, or X2Y2.

The Memeland NFT Main Event

According to the premise that “there is no way at sea,” the creators of the organization believed that there wouldn’t be any plan for the Memeland project drop.

It is likely that some holders will find 9GAG’s venture to over-deliver and under-promise to be unsettling because of cash and grab practices. 9GAG isn’t a slouch, even though they are newbies to the NFT game.

They intend to implement this collection to support the creation of their Web3 platform. 9GAG will receive 6.9 percent of the proceeds from secondary sales. As a result, it will be able to increase the community’s value by contributing to its ongoing operations also bringing in new members.

Who Are Their Investors in the Memeland NFT project?

We can see a lot of big names from the NFT & crypto space that are involved in the Memeland NFT project.

We have never seen so many investors at the same time before. The project involved many big players. They’ve gathered people across the board who have done crucial projects themselves.

Celebrities like Kevin Rose, and Gary Vee, are all there.

Since they have backers of 9GAG and advisors in it, they probably will put in a good word for NFT Memeland.

Under such a strong investors’ background, it’s hard not to think this is going to be a valuable NFT project in the near future.

Even in a bear market, Memeland NFT is going to perform amazingly well.

About the 9gag

9gag is a humorous community website. It is based on the sharing of images and videos. This site uploads a large number of Internet memes. It was the 172nd most visited site on the web in November 2016

The site went live on July 1, 2008, by Chris and Ray Chan, then students at the University of Hong Kong.

The name of the site comes from the fact that at its launch, each page contained nine publications. Subsequently, the unfolding of the continuous page is set up.

The 9GAG mobile application has been available since July 2012 on iOS, Android, Windows Phone 8, and BlackBerry 103.

The application retains the characteristics of the site and offers paid “Pro” and “Pro +” versions which allow the user to remove ads.

The site’s popularity was still growing in 2017. There were 35.4 million likes on Facebook and 8.34 million Twitter followers in February. As well as, 40.8 million followers on Instagram in July the same year.

The 9GAG community is all about sharing content, unlike a social network focused on individual profiles. Registered members from all over the world can thus post images and videos in GIF format and view short texts online.

These are submitted to the vote of the others registered on the Fresh page. When a certain number of votes is reached (this cap varies as the release of the different versions of the site), the post goes on the Trending page. Then, it will be found on the Hot page.

What is a non-fungible token NFT?

One can wonder if the term was not chosen for its obscurity, which piques curiosity. A non-fungible token would be a token like no other.

But all cyber tokens are unique: each bitcoin, each ether, like every banknote, is duly numbered. What is not fungible, that is to say, in the present case, not interchangeable, is that each token would be designed to represent a unique copy of a work.

For example, the video “Charlie bit me,” a 55-second film posted on YouTube in 2007 by the parents of the two children we see playing, was sold on May 23, 2021, for 760,999 US dollars via an online auction. But what exactly are we buying for this price?

A user license sold in the form of a token

From a legal point of view, you have to read the contract to understand that the token corresponds to a user license.

That is to say that the purchaser has the right to view the work in private as well as in public. And to exploit it (i.e., to charge those who wish to see it) under certain conditions specified by the license (in particular, the disjunction from any violent remarks).

This right was previously granted to YouTube. But the Davies-Carr family decided to withdraw the video from the platform. It concedes its use to the highest bidder without giving up its intellectual property.

From a technical point of view now, the support of this license is a token registered in a shared ledger, generally a chain of blocks. This is frequently the Ethereum chain (via the ERC-721 or ERC-1155 “standards”). But other protocols such as Tezos also offer to host tokens representing the right to use digital works.

Finally, it should be understood the work itself is generally not hosted in the token (to limit the size of the blockchain), which only includes a link.

Thus, one can imagine selling the rights to any type of work in the form of a token, obviously digital works such as drawings, photos, sounds, or videos of creators but also sporting events (the NBA has created a dedicated platform: nbatopshot.com), as well as more unexpected forms: virtual playing cards (like “crypto kitties”), fashion items. In fact, everything is subject to a user license that will be sold in the form of a token.