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Meme culture is one of the most significant factors to the internet’s development. It has created a new way for society to consume, share and discuss satirical content. Social media is the primary catalyst of meme’s success, as they are shared on platforms such as Facebook, Instagram, Twitter and most recently TikTok. 

The spread of memes has also transcended into the world of cryptocurrencies, beginning in 2013 with Dogecoin (DOGE). Dogecoin was responsible for pioneering the concept of meme coins in crypto, leading to the emergence of meme tokens Shiba Inu (SHIB) and The Sandbox (SAND).

Mehracki (MKI) is a new entry into the crypto market that plans to elevate the meme coin category through its innovation. This article will explore the phenomenon behind Mehracki (MKI), Shiba Inu (SHIB) and The Sandbox (SAND).

Mehracki (MKI) - A Coin For The Community 

Mehracki (MKI) is an upcoming project that identifies itself as a community-driven and governed meme coin. The blockchain network's name derives from the Greek term ‘meraki’, a phrase that means to do something with love, creativity and soul. 

The spelling of the word had been changed by the creators of Mehracki to reflect the nonchalant feeling that people have towards crypto, incorporating ‘meh’ into their name. They plan to impress crypto users by following the sentiment of the word ‘meraki’ - bringing the ‘love back into’ cryptocurrencies. 

The blockchain network have recognised the scrutiny that meme coins have come under from crypto sceptics, and distinguish themselves by having several unique functions. Mehracki incorporates a utilitarian model into their project, permitting the MKI token to verify and authenticate transactions on the ecosystem. 

Furthermore, the MKI token also serves as a unitary value exchange between hospitality businesses and customers. Due to its partnerships with DeFi-capable NFTs and hospitality outlets, token holders are able to be in control of their own finances and not having to worry about fee conversions or foreign exchange. Currently in its presale, now would be a good time to consider purchasing MKI. 

Shiba Inu (SHIB) - A Man’s Best Friend 

Shiba Inu (SHIB) is the second most prominent meme coin after Dogecoin. It is best categorised as a decentralised meme token that has evolved into a vibrant ecosystem. The meme coin emerged during the first wave of the COVID-19 pandemic.

Ironically, this could have been a factor that helped boost the speed and value of SHIB, as coronavirus caused people to look for new ways to make money. Another factor to their success came from the endorsement of high profile figures like Elon Musk and Vitalik Buterin. 

Musk has frequently endorsed Shiba Inu over the past year, showing his support and approval for the coin. Moreover, Buterin helped boost the recognition of Shiba Inu by conducting the largest crypto donation in history, giving over $1 billion of SHIB to the Indian COVID Aid charity. 

The Sandbox (SAND) - The GameFi Coin

The Sandbox (SAND) is a blockchain based virtual world allowing users to construct, build, purchase and distribute digital assets in the form of a game. It uniquely combines the power of non-fungible tokens (NFTs) and decentralised autonomous organisations (DAO) to create a decentralised platform for a thriving gaming community.

According to their whitepaper, The Sandbox platform’s main purpose is to transcend blockchain technology into mainstream gaming. The blockchain network focuses on facilitating an innovative play-to-earn (P2E) model that provides users with the ability to be creators and gamers concurrently. 

It launched in 2011, being founded by the mobile game’s studio Pixowl. SAND’s concentration on user-generated content, it constructs a metaverse of players who can contribute to the development of the platform. By focusing on integrating blockchain technology into gaming, The Sandbox is targeting one of the biggest entertainment markets in the world. 

Want to find out more about Mehracki?:

Website: https://mehracki.io/ 

Presale: https://buy.mehracki.io/register 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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