TON reveals Memelandia hub for meme coin developers

 The Memelandia portal for meme coin producers has been launched, according to the Open Network blockchain team.

The project, according to The Open Network (TON) team, is a component of their incentive program, which was established to promote and raise awareness of new meme coins. The TON team wants to create a devoted, vibrant, and long-lasting community.

“This initiative helps meme coins that often go unnoticed by the crypto market get greater recognition.”

TON announcement

 A real-time leaderboard is available on the Memelandia website. Important metrics like total value locked (TVL), the quantity of holders and traders on DEX, and the distribution of airdrops are used to rank the projects.

In order to take part in the effort, users are required to design their own meme token, plan an airdrop or presale, and advertise it throughout the Telegram mini-application ecosystem.

Tokens worth about $2.19 were given away by TON last week to the most active meme coin traders on the DeDust and Ston.fi platforms. Tokens were distributed to traders who conducted transactions on DeDust and Ston.fi between March 4 and April 10.

Furthermore, the TON creators declared in March that 30 million Toncoin would be given away to users who would like to participate in ecosystem projects. The program's goal, according to its creators, is to increase the number of TON users.