BOOK OF MEME(BOME)

What Is BOOK OF MEME? 

BOOK OF MEME (BOME) is a meme coin launched in March 2024. The famous meme coin saw a surge of 3,000% within just two days after its emergence. Hype, excitement, and listings on major exchanges all fuelled this incredible surge.

The meme coin hit the headlines shortly after it was launched. Its market cap went over $1 billion within a week post-launch. Those who purchased the token reportedly garnered huge gains. 

Experimental in nature, the initiative was started with the goal of encapsulating the dynamic meme culture and ensuring that every meme is permanently stored within the blockchain. Though it does not boast intrinsic utility, the BOOK OF MEME innovatively combines meme preservation, Web3 culture, and decentralized finance (DeFi), which has distinguished the project from other crypto ventures. 

The meme coin is primarily based on the Solana (SOL) network. Deploying the project over the Solana network rather than the Ethereum (ETH) network has also helped the project gain several fans. 

Both InterPlanetary File System (IPFS) and Arweave are responsible for the project's primary storage. There are also future plans for the project to expand to Bitcoin (BTC) inscriptions in order to achieve immutable storage. 

Background and Development 

The BOOK OF MEME was created by Darkfarms, who has been famous for his work with Pepe the Frog memes, especially the Pepe-themed NFT entitled "SMOWL Series." The BOME initiative was created with the goal of working on and establishing a permanent library storage for meme coins. With the help of IPFS, Arweave, and inscriptions, this could all be made possible. It is also meant to serve as a cross-chain storage social platform. 

According to Darkfarms, the BOOK OF MEME initiative was kickstarted with the goal of fostering a new decentralized social media dimension and making memes virtually unstoppable. 

How BOOK OF MEME Works

Essentially, BOOK OF MEME is a digital book that is updatable and that is linked to the metadata of the BOME meme coin. This book also has links to images shared by users on-chain, on IPFS, or on Arweave. It also offers tools for meme creation and the establishment of a clipart gallery for memes. The community may then use or share these compilations. 

It also generally covers constantly updating meme crafting tools, e-magazines, and a vast compilation of JPEGs that are non-mint. As more memes fill the collection, it is possible for BOOK OF MEME to become a decentralized social network. It may also eventually traverse into other areas, such as meme games. 

Moreover, by linking the project to the Solana blockchain, the creator plans to reveal the blockchain's utility and flexibility. 

The BOOK OF MEME community is largely centered on sharing various versions of memes that are popular. The project mainly aims to make the token one of the market's most popular meme coins. 

BOME plans to gather related meme variants and consolidate them to become an NFT. This would offer users a straightforward and quick way to explore the internet’s rich meme culture. 

BOME Token

At its core, the BOME token was established to revolutionize Web3 culture by integrating memes in crypto trading and decentralized storage solutions. 

The meme coin's total supply is capped at a value of 69,000,000,420. It was revealed that its initial allocations were 30% for liquidity pools, 20% for community funds, and 50% for its presale. 

Should You Invest in BOOK OF MEME?