Community-led MEME Exchange reshapes the Value paradigm of Internet traffic

Web 3.0 is a strongly mentioned word in recent years; it is more often defined as “next generation Internet” or “new Internet era”. The deeper definition of Web3.0, or its mission, value, and interaction, has not yet been accurately defined. But it is undeniable that Web3.0 era will give us a perfect value interactive network.
The advent of Web3 is driving transformative change in human activity and value, and collaboration among distributed communities and stakeholders is becoming increasingly important. DAO bridges the gap between participants around the globe around the same mission or goal, and the real meaning behind DAO is that the collaboration of capital and talent across the globe at scale is accomplished in an instant.
On November 18, 2021, ConstitutionDAO announced its participation in the auction [a copy of the U.S. Constitution] at Sothby’s. In just one week, it attracted 17,437 contributors from and raised over $47 million through DAO, and although it ultimately failed to participate in the auction, their community autonomy token: $PEOPLE in just one week rose over 60 times and became an instant industry hotspot.”
“On December 15, 2021, Ali Yahya, a general partner at leading investment institution a16z, announced on social media that a16z is investing in PleasrDAO, a decentralized autonomous organization. a16z said that DAOs like PleasrDAO are the foundation of Web3. They are a new form of economic organization native to the Internet that enables people to collaborate and achieve goals at scale.”
This year, Bored Apes collector Kylo.eth launched APE DAO.
They split 49 Bored Apes Yacht Club (BYAC) NFTs and one female cryptoPunk into 1,000,000 APED tokens and launched APE DAO this June. notably, the token was not created by Yuga Labs, the developer of BAYC. It was created by ApeCoin DAO to demonstrate decentralization.
ApeCoin DAO launched ApeCoin, a new governing authority of which all APE holders are members. Its purpose is to collect community proposals, which token holders can then vote on. Apecoin is aimed at the web 3.0 economy. It is a community-controlled, built-in token designed to support culture, gaming and commerce.
The coming of the DAO in the Web 3.0 world has innovatively solved these problems. The elimination of hierarchy, the elimination of power consciousness, community maintenance, shared decision making and full benefit sharing were previously unimaginable, and although DAOs are looser organizations than corporations, their advancement cannot be ignored. DAO is a breakthrough from the private organization to a relatively “communal” state, in which everyone has the right to propose and vote, providing a transparent and equal system for the establishment and operation of the organization. In short, it is more user-centered.
MEME Exchange is the world’s first Web3 decentralized digital asset trading platform, an ecosystem of user co-construction, privacy protection and platform openness, a new trading system built by a decentralized organization form of platform.
MEME DEX is more user-centered, so digital identity authentication, privacy protection, data validation and decentralization are its key advantages. This is a natural fit with blockchain technology and is one of the reasons why MEME DEX is called a “web 3.0 exchange”. In the context of the “Internet of Value”, MEME DEX allows users to create a decentralized and universal digital identity system on their own. The relevant user data can be stored in a distributed database, managed by the user only, and authorized by the user to operate with what identity information, to ensure the user’s data rights and value attribution, while protecting privacy and security, coupled with smart contracts and other technologies to help achieve a fairer business model. At this point, the centralized Internet service providers will evolve into decentralized cryptographic protocols, using the pass-through economic system to allow users to directly participate in the development and decision-making of the platform. Users will not only be users of the platform, reaping the value generated by data while freely creating content, they will also hold the right to speak about community governance and product development, and the collective demands of users will become an important basis.
Web3.0 hopes to break the barriers of Internet giants and make user data information and value truly their own, which is also the vision of MEME DEX. Many people in the industry also see MEME DEX as the next generation of digital asset trading platform for this reason. It has extremely realistic guidance and business value for the development of web3.0.
With the appearance of Web 3 and the rise of the Metaverse concept, people have spontaneously created countless extended group spaces. MEME DEX will disrupt existing digital asset trading platforms from three perspectives: openness, privacy and co-construction, creating a decentralized world led by user communities and reconfiguring the Internet traffic value paradigm.