Quote from: bitspill on Today at 12:47:56 AM

lmao every single one registered within 15 minutes of posting, absolutely no information provided, just another waste of time

Hi

Probably not a waste of time but a network to keep an eye on Wink

I am myself a small mining enthusiast and mostly looking after PoW networks, not being of PoS virtual networks.
This Proof of Memes one got my attention for the Defi and social aspects that seem to drive the project.

About the info I'm not 100% sure so don't take it as truth but just an order of magnitude, someone will maybe tell.
From what I remember 1B was pre-mined (but a lot was burnt, ~350m burnt in total)
~500m of the pre-mined was distributed as airdrop to people that participated in public sales of an eth2.0 token.
the rest remaining is treasury for devs, marketing etc.
the only emission now is via mining. Price has probably hit its floor already and surely only profitable with ethash ASICs but could turn profitable with GPUs in the near future.

I like fair launches like BTC, Ergo, Kaspa... some may argue about treasury sizes or even early mining like Satoshi did etc.
Just to say the team looks very capable, transparent and involved into turning sources of revenue to be shared by its community public investors giving everyone the same opportunity and financing itself at the same time (ex ETH/BSC bridge 1% fees are 100% shared by NFT holders).... so following this community I'd say the (KYC) team behind has gained my trust. The development is rapid and efficient, there seem to have some very good devs, and projects develop quickly... I am very surprised how fast things grow fast on this chain.

There has been a massive ddos attack on the network and team handled it, enforced the network infrastructure etc.
To be honest many weak teams woulda given up in the blink of an eye with faces starting difficulties, but dev team just keeps delivering and is here to stay undoubtedly.

A last word about it, that's a different way of working than BTC or Kaspa "no treasury" spirit but miles away from ETH one on the other side... I have far more confidence in this team that plays for its community rather than Vitalik, his tokenomics manipulation, locked eth2.0 staking, merge drama etc.

That was just my 2 cent to share about this community and hope it would invite some to throw an eye and judge by themselves

Have a good day