Meme-tokens have gained immense popularity in recent years thanks to viral spread and rapidly rising rates. By the end of 2024, they have turned from a niche category of cryptoassets into a global market with a capitalization of about $70 billion. The new Mapache project offers everyone to become a part of this constantly evolving world by issuing and distributing their own meme tokens using a blockchain generator. The central place in the future ecosystem is reserved for the native crypto asset MPCH. The developers have launched a pre-sale of tokens and planned listings on leading exchanges.
What is Mapache
It is a blockchain platform designed to unite the meme segment with the cryptocurrency industry. The idea is not new, but the Mapache team offered a unique way to realize it. The developers have created a blockchain-integrated meme generator.
The platform uses artificial intelligence to launch meme tokens based on current internet trends. The principle of the generator’s operation is as follows:
- You need to connect to the platform using a digital wallet. The balance should contain native cryptocurrency to pay for the launch.
- Enter the initial data into the generator. This can be a text description of the future asset or a reference to an Internet meme.
- The algorithm generates a cryptotoken based on the initial data.
- A fee in native digital currency is deducted from the user’s wallet for the issuance of the asset.
According to the roadmap, the generator will be launched by the end of 2024. Users will be able not only to create, but also to promote meme cryptocurrencies. Therefore, the developers are actively developing the community. To stimulate participants, a large-scale incentive program will be launched. This stage is scheduled for the beginning of 2025.
Mapachecoin cryptocurrency
MPCH tokens will be required to use the generator. The cryptocurrency runs on the Arbitrum blockchain, which provides high-speed transaction processing. The native network serves as a scalable add-on to the Ethereum blockchain. Therefore, MPCH can be freely exchanged for tokens of other EVM-compliant blockchains.
According to the roadmap, cryptocurrency staking will be launched in Q4 2024. MPCH holders will be able to blockchain the asset in a Proof-of-Stake protocol, generating passive income.
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For now, the project is in the presale phase. Early investors can buy MPCH on the developers’ website. After the pre-sale is over, listings on DEX and then on CEX are planned.
The names of the exchanges have not been disclosed yet. However, the project has high chances to be supported by the leading platforms, given the growing interest of investors.
The information material about Mapachecoin was published by the largest crypto exchange Binance. Given the experience of previous launches, this may indicate the operator’s interest.
Tokenomics
Developers plan to issue 7.05 trillion crypto-tokens. High issuance is necessary to meet the potential demand for the use of meme generator. To prevent inflation, the cryptocurrency will be unlocked gradually, according to the vesting schedule. In the table, you can see how the developers have distributed the total supply of Mapachecoin.
| Assignment | Number of tokens | Share of issue (%) |
|---|---|---|
Roadmap
The creators of Mapache have done a lot of preparatory work to launch a blockchain generator and native cryptocurrency. At the time of writing, the website and smart contract of the platform have been developed. The team is actively forming a community, developing pages in social networks.
Pre-sale of MPCH tokens started in Q3 2024. The opportunity for early investment in the project is open until the end of December. The team’s plans include activities to promote the cryptocurrency and launch the main product.
| Date | Event |
|---|---|
How to buy
To participate in the Mapachecoin presale, you need to create and connect an Ethereum-compatible wallet to the platform. Popular interfaces MetaMask, Trust Wallet, Binance Wallet and others will do. The instructions for buying tokens are as follows:
- On the official website, find the presale window.
- Choose a digital currency for payment. Settlements in ETH and USDT are supported.
- Specify the amount of the transaction. The equivalent in MPCH will be calculated automatically.
- Click the Connect Wallet button.
- Choose a wallet from the list of recommended wallets or use WalletConnect protocol for connection. Connect to the platform.
- Change the network to Arbitrum in the storage settings.
- Refill the balance with Ethereum or Tether coins.
- Pay for the transaction.
Cryptocurrency will be credited to the wallet after the pre-sale is completed. The developers plan to launch Mapachecoin trading on the leading DEX. In the future, the asset will be added to centralized platforms. MPCH is expected to become operational on all major blockchain networks. For cross-platform asset exchange, developers will create Mapache Bridge.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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