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SirWin
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SirWin

Meme Cake: A Revolutionary Social NFT Multi-Chain Launchpad with Rug Proof Guarantee 

News
Meme Cake: A Revolutionary Social NFT Multi-Chain Launchpad with Rug Proof Guarantee 

Meme Cake (MCAKE), has announced that the alpha version of its “rugproof marketplace will go live on February 28, 2022, with alpha testing to begin on March 5th. Meme Cake is giving its lucky community members an opportunity to test its marketplace and stand a chance of sharing five million $MCAKE tokens, plus its super unique Icy Pete NFT powered by Solana.

Meme Cake Redefining Project Launchpads 

While rug pulls and exit scams are definitely not as rampant these days as they were during the initial coin offering (ICO) era, there is, however, still much work to be done in the cryptoverse to make it impossible for scam projects to see the light of day. And Meme Cake is out to make it happen.

Meme Cake (MCAKE) is a social non-fungible token (NFT) multi-chain platform that enables communities to promote credible blockchain projects and participate in the sale (or invest in projects) at a very early stage. 

According to the Meme Cake team, all projects featured on the platform comes with what it calls a “rugproof guarantee,” which simply means there can never be rug pulls or exit scams on these platforms, as the creators of each project are doxxed, with the project milestones vetted by Meme Cake’s DAO. This boosts the confidence of investors in every project launched on Meme Cake.

Crypto startups that meet the very high standards of Meme Cake receive maximum exposure from verified members of the ecosystem, making it super easy for these projects to get funding and build strong communities.

Meme Cake Alpha Launch & Meta Rail Token Pre-Sale

Come February 28, 2022, the alpha version of the Meme Cake platform will go live and alpha testing is expected to commence on March 5, 2022. 

To commemorate these significant milestones, Meme Cake is looking to give 200 members of its platform that will participate in the testing of its network, an opportunity to share (five million) its native $MCAKE utility token powered by Solana. 

That’s not all, five lucky members will also win one Icy Pete NFT, which is the project’s genesis Solana digital collectible. 

Meme Cake users can earn MCAKE tokens via various means, including staking, marketplace mining, platform engagement, private sale, and more. MCAKE will initially be available for purchase on Raydium but will be listed on both centralized and decentralized exchanges shortly after.

Rich is Meme Cake’s genesis NFT and they are currently available for purchase on Entrepot (ICP NFT marketplace). The team says collectors of its Rich NFTs enjoy various benefits including staking rewards, Icy Pete NFT airdrops, and more.

Importantly, Meme Cake has revealed that the private sale event for Meta Rail, its genesis launch project is ongoing and the project is scheduled to go live in 2022 Q3-Q4. Meta Rail is a play-to-earn game built on Solana, with a total NFT supply of 10,000.

“Meta Rail team is fully doxxed and we stand behind the legitimacy & long-term feasibility of this project (re: we only launch rugproof projects). Meta Rail NFTs will be fully hosted on Internet Computer, emphasizing the philosophy of the Internet Computer protocol and what it’s all about – blockchain singularity,” declared Meme Cake.

Meme Cake recently secured a $50,000 grant from Dfinity Foundation and the project has also inked several yet-to-be-announced partnership deals with leading blockchain platforms. Currently, Meme Cake’s Rich NFTs are among the top 10 traded digital collectibles on Entrepot, with a trading volume of over 20,000 ICP.

Going forward, Meme Cake plans to onboard more reputable Solana-based projects on its launchpad, introduce the Meme Cake marketplace to Solana community members, and launch ICP NFT trading on its marketplace.