Trading memes

On Openmeme, memes can be traded as NFTs at any time after getting published. This brings a whole new level of engagement to the proven meme sharing formula, making it possible to reward the creators for their work. It also establishes a mature, nuanced economy.

On Web 2.0 meme sharing platforms, the number of votes a meme receives is ultimately meaningless. It can influence where the meme appears - but that’s it, it has no real value beyond that. Because of the trading functionality introduced on Openmene, this paradigm changes completely. Votes influence the token value of each meme, which in turn can be converted to other crypto- and traditional currencies. Simply put, the more popular a meme gets, the more money it can earn for its creator and owner.

In effect, the ability to trade not only introduces a whole new level of engaging with memes, but also significantly changes those that are already established.