What is Proof of Memes and how to buy POM?
A layer 1 memecoin blockchain is called Proof of Memes, or POM. They offer a whole ecosystem of trading tools and utilities to facilitate the buying and selling of meme coins. The introduction page for MEXC's digital asset, the POM token, provides some basic information.
How does the blockchain work?
With an emphasis on meme coins, Proof of Memes seeks to enhance the DeFi crypto trading experience. To enhance the buying and trading of meme coins, they are now developing a whole ecosystem of trading tools and utilities. POMSWAP DEX and memescan.io Block Explorer are some of these tools.
We were all familiar with Dogecoin. Dogecoin cannot be programmed, though. Despite being the most valuable meme coin in terms of market cap, developers cannot directly build on top of it. Here POM comes into play. They are here to serve as the governance token for meme coin L1 blockchains. They are developing a framework that will allow meme coins to debut and grow, as well as offer appropriate utility and trust.
All POM holders will be able to use their airdropped tokens to buy meme coins once a new project switches to POMCHAIN. Additionally, customers can utilize their POM as an on-ramp or off-ramp to fiat or exchange it for other cryptocurrencies on a centralized exchange. They currently possess their very own NFT collections. It is an exclusive utility NFT. Pre-sales will be discounted for NFT holders. Additionally, holders will get free airfare and lodging as well as VIP access to all POM events! ETH 2.0 powers the entire project. Currently, it serves as their governance token as well. They intend to integrate ETH 2.0 with POM in the future, creating a single coin.
How to buy Proof of Memes token (POM)
You can buy Proof Of Memes Token (POM) on MEXC by the following the steps:
Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “POM” using the search bar to see the available trading pairs. Take POM/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of POM you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy POM] to confirm your order. You will find the purchased POM in your Spot Wallet.