INTRODUCTION
Memes as they say are one of the best marketing tools out there and they are a real representation of the phrase, say less, do more. Unsurprisingly, memes have become a greater part of the cryptocurrency industry with the support of some influential actors in the space. Memes have translated into coins and tokens of which Dogecoin is the first. Dogecoin, a cryptocurrency project that was started as a joke is now among the top 10 cryptocurrencies in terms of market capitalization and has over the past years gained a strong community behind it.
In trying to replicate the success of Dogecoin, most meme tokens have been successful while others have failed miserably. Most investors interested in the memeverse are unable to join or find the best projects in time and some end up holding worthless tokens since some are created just for 'pump and dump' purposes based on hype. Finding the next Dogecoin is as difficult as fetching water with a basket and that is why C4G3 and the CMI are being launched to give investors a simple investment tool that binds top meme tokens to increase economic productivity and gains based of the performance of the assets in our pool.
PRODUCTS
C4G3 is the utility and governance token of this ecosystem. It completes the CMI and will have extra use cases in the future.
CMI which is the abbreviation for C4G3 Meme Index, is an equally weighted index of selected top meme tokens. CMI is a token that will be backed by equal weights of the assets that make it up. Without the assets to back it, CMI can't be in circulation. Investors can mint CMI via our single-asset or multi-asset pool with the assets that make up the index. The index starts of with five assets which include C4G3, DOGECOIN, SHIBA INU, DOGELON and USDC. USDC is not a meme token, it is meant to create stability in the pool. Just like C4G3, CMI has a cap on its supply, see our tokenomics for more information (link).
CONCLUSION
To conclude, the ultimate goal is to make gaining exposure to these top meme tokens easier and simple for all and sundry. Our Meme Index creates a bond between the top tokens in the pool and various communities and this paves the way for our main vision of creating one top meme token to govern a protocol that brings top memes together to provide good investment opportunities for the cryptocurrency industry especially those who believe in the future of meme tokens like we do. Good meme tokens are not going away, they are here to stay and we are here to stay with them.
OFFICIAL LINKS
