Schellinglayer

A protocol that understands that the meme token ecosystem consists of different Actors/Roles: meme authors, token early investors, token promoters, token late investors (retail), authors of derivative work, market makers, centralized exchanges, institutional investors.

The protocol reserves different allocations for different Actors and has role-tailored rules and incentives.

It works off the thesis that memes are constantly being produced on social media and thus the current approach to meme tokens where the Meme Team is attempting to at the same time author the meme itself, launch the token and promote the token, is mistaken. The task is too hard and the incentives are not designed correctly, further, lack of standards discourages involvement and comparability.

The protocol finally turns meme tokens into a respectable asset class by combining all the missing pieces: enabling convergence on a token for every meme, fair launch, rewarding the meme author, the promotors, the early believers, the late comers and the authors of derived work.

The protocol achieves this by reserving a meme token for each and every web URL, by allowing anyone to launch it permissionlessly, by reserving an allocation for the author of the meme to claim, by reserving allocations for promoters (marketing) and derived work, which can be submitted by anyone an voted on by the community (if accepted, a "royalty swap" occurs where the Derived Work (which is also represented by a meme token!) gets some number of the original meme's tokens and vice versa.

This approach makes meme tokens long-term survivable (of course, if built around a strong meme!). It also encourages involvement from community (retail) because they know they won't be rugged, as well institutional investors, who can more easily compare meme tokens thanks to standardization.

We use Dynamic's scaffold-eth-2 to provide us with integrations out of the box. A key tech we use is TLS Notary to verify the authors of URLs. We also use Worldcoin for verifying that a meme coin's built in DAO members are humans and not bots (this is needed for voting on accepting Derivative Work). Transaction information is provided by Blockscout.