TON reveals Memelandia hub for meme coin developers

The Open Network blockchain team has unveiled the Memelandia hub, a new platform dedicated to meme coin developers.

The initiative is a component of The Open Network's (TON) incentive program aimed at promoting and supporting emerging meme coins, with the goal of cultivating a dedicated, active, and loyal community.

The Memelandia platform features a real-time leaderboard, ranking projects based on crucial metrics such as total value locked (TVL), the number of holders and traders on decentralized exchanges (DEX), and the distribution of airdrops.

Users interested in joining the initiative can create their own meme token, conduct a presale or airdrop, and promote their projects within the TON ecosystem, including through Telegram mini-apps.

Recently, TON distributed Toncoin (TON) tokens valued at approximately $2.19 to the most active meme coin traders on the DeDust and Ston.fi platforms. Traders active from March 4 to April 10 on these platforms were eligible for the token distribution.

Moreover, in March, TON developers announced they would distribute 30 million Toncoin to engage users in ecosystem projects, aiming to broaden the TON user base.