WOMIO Confirms Memecoin Presale And Platform Launch For August 21

WOMIO, the memecoin launchpad and ecosystem that’s captured the cryptosphere’s attention, has confirmed its token presale. The $WOMIO token will be made available to the public on August 21 from 19:00 (CET) when its presale kicks off. There’s expected to be significant demand for the token given the role it will play in the memecoin ecosystem that WOMIO is building.

Any Coin, Any Chain

The value proposition of WOMIO is that it allows creators to launch a memecoin on a chain of their choosing utilizing WOMIO’s multichain technology. But there’s more to WOMIO than simply making it easier for degens to rapidly release tokens. WOMIO is also intent on encouraging projects to build greater utility into their tokens with the goal of increasing their lifespan and potentially even incorporating real world use cases.

It’s an ambitious goal, but one that if realized will move the industry forwards by holding it to a higher standard and showcasing the many things that memecoins can do other than self-replicate. Intent on leading by example, WOMIO has built a number of strong use cases into its token of the same name. $WOMIO holders who stake their memecoins will be entitled to various perks and benefits once the WOMIO platform goes live.

The idea is that every memecoin launching through WOMIO will pay a 1.25% fee in tokens that goes to $WOMIO stakers. As a result, there are strong incentives to hold $WOMIO given the expected demand for deploying tokens on its multichain launchpad. The platform will also include a meme analysis section where users can research memecoins, discuss trends, and gain insights into the current state of the meme market.

The Evolution of Memecoins

WOMIO’s goal of adding real use cases to memecoins may sound radical in the current hyper-coin landscape in which thousands of tokens are launched every day. But not so long ago, it was a goal shared by many members of the earliest memecoin communities. Doge holders endeavored to encourage platforms to accept DOGE as payment and even once sponsored a Nascar to raise awareness of the then-obscure memecoin. 

In the previous bull market of 2020-22, when food coins were in vogue, there were also attempts to add in use cases including mini-games, NFT collections, and yield farms. This trend has since fallen out of fashion, leaving memecoins as little more than instruments of speculation. But WOMIO believes it can raise the bar for memecoin creation through an all-in-one platform that makes it easier to promote, release, and acquire tokens, while bringing cross-chain communities together.

With memecoin launchpads on networks such as Solana and Base producing high numbers but low effort tokens, WOMIO has the potential to increase quality across the board. The onus is ultimately on creators to prioritize long-term building over short-term profits. If WOMIO can produce a few success stories straight out the gates, starting with the $WOMIO token, it will begin pulling memecoin traders into its orbit. If it can achieve that, anything is possible – yes, even memecoins with real utility.