BOOK OF MEME

Overview

Book of Meme (BOME) is a meme cryptocurrency launched in March 2024 on the Ethereum blockchain. The project describes itself as a 'meme ledger' that aims to catalog and celebrate meme culture through blockchain technology.

Purpose and Utility

The stated purpose of BOME is to serve as a community token for meme enthusiasts and collectors. The project doesn't claim any complex utility beyond being a tradeable digital asset that represents membership in the meme community.

Business Model Analysis

The project operates as a standard ERC-20 token with no lending, staking, or interest-bearing components. There are no gambling mechanics or prohibited activities in its core functionality.

Token Distribution

The token launched with a fair distribution model where 100% of the supply was made available through a public sale. There was no pre-mine or team allocation, which significantly reduces concerns about founder enrichment schemes.

Development and Marketing

The project maintains a simple scope focused on community building and meme culture celebration. While marketing is a significant component of the project's activity, this is consistent with its nature as a meme token.

Real World Usage

Current usage primarily revolves around trading on decentralized exchanges. The token has achieved significant trading volume and community engagement since its launch.