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"Meme Millionaires"

A REVOLUTIONARY CRYPTO
PROJECT THAT SEEKS TO ENRICH ITS
COMMUNITY.

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Whitepaper of "Meme Millionaires"

A REVOLUTIONARY CRYPTO PROJECT THAT SEEKS TO ENRICH ITS COMMUNITY

"Meme Millionaires" - a project that transforms digital wealth and entertainment through the power of the Hedera Hashgraph ecosystem. In this document, we will explore how our unique NFT collection and the MFM token are designed to create a community of millionaires while providing entertainment and exciting profit opportunities.

About the Project

"Meme Millionaires" is a revolutionary project that combines gamification, cryptocurrency, and NFT technology to create a dynamic and engaging experience for users. Utilizing Hedera Hashgraph, our project ensures fast, secure, and cost-effective transactions.

Project Description

The "Meme Millionaires" project introduces an innovative gaming and lottery platform that allows participants to win MFM tokens, as well as other cryptocurrencies like HBAR, Sauce, and others. A distinctive feature of this project is the creation of a specialized dApp (decentralized application), which will be the main platform for conducting all games and events. The development of the dApp ensures easy and secure access for participants to the games and lotteries, while providing a high level of transparency and fairness. By utilizing the blockchain technology of Hedera Hashgraph, the "Meme Millionaires" dApp will ensure continuous operation, minimal transaction fees, and instant processing of winnings.

Project Management

"Meme Millionaires" put in center the community in its development and decision-making processes. A critical aspect of this approach is the creation of an investment fund, which will be financed with tokens from the ecosystem—10% of all profits will go into the fund. The management of this fund will be directly dependent on the votes of NFT holders. Through a democratic voting process, the community will decide in which projects, startups, or other investment opportunities the funds should be invested, thus directly contributing to the strategic development of the ecosystem.

Explanation of the fund's reward distribution:

  1. Investment proposal submission
  2. Investment voting
  3. Investing
  4. Profit
  5. Profit distribution:
    • 8% goes to The Alien Bunny
    • 8% are distributed in MFM 8
    • 8% are distributed in MFM 88
    • 8% are distributed in MFM 888
    • 8% fund for purchasing (renting) an MFM estate where our bunnies turn into kings
    • 10% for expenses
    • 50% for increasing the fund's capital
  6. Only the MFM fund occurs any capital loss

Product & Technology

The "Meme Millionaires" project introduces an innovative gaming and raffle platform that allows participants to win MFM tokens as well as other cryptocurrencies such as HBAR, Sauce, and others. A distinctive feature of this project is the creation of a specialized dApp (decentralized application), which will be the main platform for conducting all games and events.

The dApp development ensures easy and secure access for participants to the games and raffles, while providing a high degree of transparency and fairness. By using the Hedera Hashgraph blockchain technology, the "Meme Millionaires" dApp will ensure uninterrupted operation, minimal transaction fees and instant processing of earnings.

Including field trips as part of the prize fund adds unique value and diversifies the prize options for project participants. This approach not only drives participation in games, but also creates a strong sense of community among NFT holders and ecosystem participants The use of Hedera Hashgraph ensures high performance, security, and efficiency, which is ideal for the fast and transparent transactions on the platform.

NFT

Our MFM NFTs (8)(88)(888) are unique in their kind, possessing unprecedented power:

  1. Access to a Discord Channel
    • MFM 8 - access to channels (8)(88)(888)
    • MFM 88 - access to channels (88)(888)
    • MFM 888 - access to (888)
  2. Proposal and voting on ideas:
    • Everyone can participate: we value each one of you.
  3. Voting power
    • MFM 888: 1 NFT = 1 vote, 2 NFTs = 2 votes, 3 NFTs = 3 votes, and so on.
    • MFM 88: 1 NFT = 10.1 votes, 2 NFTs = 20.2 votes, and so on.
    • MFM 8: Note: owning more than one NFT makes them like a board of directors, with 1 NFT = 111 votes.
    • The Alien Bunny: 1 NFT = 228 votes.
  4. Earnings
    • The Alien Bunny - 8%
    • MFM 8 - 8%
    • MFM 88 - 8%
    • MFM 888 - 8%
  5. All NFTs from these four series will earn from:
    • 5.1. Liquidity pools
    • 5.2. Trading our NFTs
    • 5.3. Profits from online games in our Dapp
    • 5.4. Sales of newly minted NFTs for our games, drawn live by you
    • 5.5. Participation in raffles
    • 5.6. Participation in live games (all travel expenses covered by MFM for you and a companion, including travel, accommodation, food, and entertainment)
    • 5.7. Distribution of profits from our investment fund
  6. NFT activation
    • The Alien Bunny - 8,888,888 MFM locked in Da Vinci for 8 years with monthly releases
    • MFM 888 - $100 purchase of MFM tokens locked in Da Vinci for 8 years with monthly releases
    • MFM 88 - purchase of MFM tokens locked in Da Vinci for 8 years with monthly releases. This series will be auctioned starting at 8,888 HBAR.
    • MFM 8 - purchase of MFM tokens locked in Da Vinci for 8 years with monthly releases. This series will be auctioned starting at 88,888 HBAR.
  7. Validity
    • Each NFT series will be valid for 8 years.
    • After the first profit distribution by MFM, the countdown of their validity begins.

NFT Activation

  1. Purchase of NFT.
  2. Purchase of MFM tokens after buying the NFT for 100 USDC.
  3. If you want to activate 3, 5, 8 NFTs together, make the purchase at once for respectively $300, $500, $800.
  4. Screenshot of the NFT.4.1 Screenshot of the MFM purchase.4.2 Screenshot of the locking in Da Vinci Vesting at https://davincigraph.io/devs/vestings/new.
  5. Once activated, they remain active for 8 years, regardless of their owner.

Partnerships & Collaborations

"Meme Millionaires" aims to bring together established and promising meme projects, creating a stable and dynamic community.

Risks & Security

The project faces risks related to cryptocurrency volatility, regulatory changes, and smart contract security. In response, the team is taking measures such as smart contract auditing, transparency, cooperation with regulators, and development

Risks:

  1. Volatility of Cryptocurrencies: As a project that rewards participants with cryptocurrencies. "Meme Millionaires" is susceptible to the volatility of crypto markets. Rapid changes in the value of MFM, HBAR, Sauce and other cryptocurrencies may affect the attractiveness of rewards.
  2. Regulatory Changes: Uncertainty in crypto regulations may impact project operations. Sudden changes in legislation may impose restrictions or additional requirements on the operation of the platform.
  3. Security of Smart Contracts: Any defect in the code of smart contracts can lead to loss of funds or rewards. Issues such as bugs or exploits are critical risks to the security of participants' assets.
  4. Community Management and NFT Market: Changes in the interest and value of NFTs can affect the sustainability of the project. Improper community management or a drop in engagement can reduce the value of NFT collections.

Security:

  1. Smart Contract Audit: Regular audits by independent third parties will help identify and fix potential vulnerabilities in smart contracts, increasing the security of the platform and assets.
  2. Transparency and Accountability: Publishing detailed reports on financial status and prize distribution can strengthen community trust. Transparency about project decisions and changes is also critical.
  3. Cooperation with Regulatory Authorities: Active cooperation and compliance with regulatory requirements can provide legal certainty and reduce the risk of adverse regulatory action.
  4. Development of Secure Infrastructure: Investments in infrastructure security, including protection against DDoS attacks, data encryption, and secure cryptocurrency storage wallets, are essential to protect participant funds.
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