Home » Startup District0x Network Launches Meme Factory

Startup District0x Network Launches Meme Factory

Blockchain startup District0x Network has launched Meme Factory, a marketplace for digital collectibles on the Ethereum blockchain.
news - Startup District0x Network Launches Meme Factory

Blockchain startup District0x Network has launched Meme Factory, an Ethereum-based marketplace for digital collectibles.

The new platform as “a true decentralized digital collectibles marketplace, completely self-governed and functioning autonomously on the Ethereum blockchain,” according to District0x Network website. 

Artists can submit original tokenized memes for consideration to the Dank Registry. Registry curators, who are holders of the project’s DANK token, will then scan the submissions and decide which memes will make it to the platform. Finally, collectors can buy those memes using ETH, according to the announcement.

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As a reminder, in March, derivatives market onederx.com launched meme-based trading index. The new trading tool is based on a particular subculture that first emerged on Reddit — the MemeEconomy. Meme Trading index allows to evaluate the degree of activity in thematic meme-communities as a composite index.

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