Published 3 months ago • 4 minute read

Everything You Need To Know About WOMIO, And Why You Should Invest

Memecoins were originally designed for crypto community giggles and kicks, but their popularity has spread like wildfire and these days, they’re very much a part of the crypto ecosystem’s furniture, and likely here to stay. 

One of the reasons so many memecoins have staying power these days is their growing utility, with many of the more popular tokens doing much more than just existing. As more memecoins launch than ever before, a number of them have viable use cases – providing reasons to buy them beyond simple speculation. 

A case in point is WOMIO, the native token of the World of Memecoins platform that aims to become the very foundation of the wider memecoin movement. 

Not Just A Token, But A Platform Too

The WOMIO token presale kicked off on August 21, 2024, providing the crypto world with the first opportunity to stack up on one of the most promising new memecoins to arrive this year. Much more than just a memecoin, WOMIO is a memecoin platform, targeting creators that want to do more than just mint a gimmicky token, but integrate real applications too. 

WOMIO’s goal is to create an entirely new ecosystem of next-generation memecoins with a genuine purpose in life, dramatically enhancing their prospects of longevity. 

Through the WOMIO presale, investors have first dibs on a new digital asset that’s not only set to be a crucial mechanism for driving growth in the World of Memecoins ecosystem, but also serve as a proof of concept and an example for other memecoin creators. 

The key utility of WOMIO is staking, which allows token holders to earn continuous rewards for contributing to the platform’s sustainability. Each subsequent memecoin that’s created on the WOMIO platform will be required to give 1.25% of its total supply back to the WOMIO community. These funds will be distributed proportionally to WOMIO stakers, meaning they get free access to the tokens of every project that utilizes its launchpad. 

Ultimately, WOMIO aims to change the way people perceive memecoins and transform these assets into more than just a gimmick. Just like Dogecoin took on a life of its own, WOMIO envisions the entire memecoin movement evolving into something that provides tangible benefits to the wider crypto ecosystem. If WOMIO succeeds, memecoins will become just as important to the blockchain industry as genuine utility tokens like ETH and SOL. 

WOMIO aims to do this by merging the fun and speculative appeal of meme tokens with practical applications that appeal to crypto natives. 

How Does It Work? 

WOMIO was developed by a founding team that has a strong and successful background in crypto project development, and its main offering is a memecoin launchpad that’s meant to simplify the launch of meme tokens with integrated utility. 

Unlike existing memecoin creation platforms, WOMIO enables creators to launch their tokens on any blockchain platform, including multiple networks if they desire, thanks to its multichain capabilities. In addition, it comes with staking opportunities, promotional packages, analytics and numerous ways for the community to engage with one another. 

The promotional packages are a key feature of WOMIO’s offering, giving serious creators a streamlined way to make sure the wider crypto community hears about their token. Its packages include website development, purchase area setup and marketing campaigns that aim to boost visibility across social platforms and the wider web. In this way, WOMIO acts as a springboard to ensure its memecoins have the best possible chance of gaining traction. 

Besides being a memecoin launchpad, WOMIO is building a thriving community hub that sees itself as the future nerve center of memecoin discussion. It’ll be a place to stay up to date with all of the latest happenings in the memecoin world, conduct research, participate in discussions and connect with like-minded memecoin fans. It also aims to foster a competitive environment with regular battles, challenges and quests for community members, incentivizing these with WOMIO token rewards. 

Another aspect of WOMIO is its analytics tools, which make it easy to study memecoin trends, so investors and creators can identify where the best opportunities lay. 

Tokenomics & Staking

WOMIO’s tokenomics model sets aside 35% of the total supply for the presale, with another 25% reserved for exchange lunches and liquidity. In addition, 20% is reserved for community rewards, 10% will be used for marketing efforts and the final 10% is for early investors in the project.  

Because WOMIO is all about creating memecoins with utility, it’s leading by example. The main utility of WOMIO is staking, which allows users to receive a share of the 1.25% creation fee it collects from each new token that launches on its platform. This should ensure a regular stream of rewards for WOMIO stakers, who will benefit every time one of the projects using its platform succeeds. 

What Are Its Prospects?

The desire to hold memecoins was originally driven by their speculative nature, as very few had actual use cases, but this perception is changing fast. 

While traditional memecoins thrived purely on the enthusiasm of their communities, more of these assets are looking for ways to provide utility to their users and make certain they can retain their value to holders. WOMIO sees itself spearheading this trend, giving memecoin creators the tools they need to easily make fun digital assets that retain their viral appeal, while having some kind of purpose in life. 

WOMIO empowers crypto creators to bring their imaginations to life with a seamless platform that makes memecoin minting an effortless task. Because its tools span every blockchain that counts, creators no longer have to limit themselves to a single network. 

WOMIO offers real utility with its transformative business model, and those who stake WOMIO  will have multiple moonshot opportunities. That’s an especially enticing prospect that will generate enthusiasm among casual crypto users and serious investors alike. 

WOMIO aims to become nothing less than the cornerstone of an evolving memecoin sector that is becoming as relevant to the blockchain industry as DeFi and NFTs, and there are many reasons to think it can deliver on that promise.

 

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Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.

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