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MemeCore successfully completed a token round financing with participation from Waterdrip Capital, CatcherVC, and IBC Group. This funding will help MemeCore in building its ecosystem and integrating blockchain technology with meme culture.

Mar 17, 20255 months ago
SingaporeCryptocurrencyBlockchain

Investors

Ibc GroupCatcher VcWaterdrip Capital

Description

The blockchain platform MemeCore, focused on meme coins and decentralized innovation, has completed a token round financing with participation from Waterdrip Capital, CatcherVC, and IBC Group. This financing marks an important step for MemeCore in building its ecosystem and integrating blockchain technology with meme culture. In addition to investment, MemeCore will further collaborate with these investors to explore potential strategic partnerships. These collaborations may include ecosystem expansion plans and joint development of blockchain infrastructure.

Company Information

Company

MemeCore

Location

Singapore, Southeast Asia, Singapore

About

MemeCore is a leading EVM-based Layer 1 multi-chain cross-staking blockchain that utilizes an innovative Proof of Meme (PoM) consensus mechanism. It focuses on bridging the gap between Web2 and Web3 communities, enhancing brand visibility, and supporting meme-related initiatives within the blockchain ecosystem. Through its flagship project, MemeX, the company aims to transform user engagement into tangible value creation. MemeCore is positioned as a premier player in the blockchain space with a commitment to fostering collaboration and sustainable growth.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers