MemeCore, the ultimate playground for memes, Raises Undisclosed Strategic Round

March 14, 2025

MemeCore, a Layer 1 blockchain designed to support memecoin projects and decentralized applications, has received backing from IBC Group, Waterdrip Capital, and Catcher VC. The investment is intended to expand MemeCore’s ecosystem, which provides infrastructure for meme-focused digital assets and developers. By positioning itself as a blockchain dedicated to meme culture, the platform integrates Ethereum Virtual Machine (EVM) compatibility, staking mechanisms, and governance features tailored to support long-term engagement.

The network operates on a Proof of Meme (PoM) consensus mechanism, designed to maintain security while encouraging community participation. MemeCore also offers a grant program with allocations of up to $100,000 for projects meeting specific criteria, including transaction volume, liquidity benchmarks, or integration into the ecosystem. The initiative seeks to support projects through financial incentives, promotional campaigns, and infrastructure integration.

MemeCore's expansion strategy includes partnerships, community engagement initiatives, and liquidity incentives aimed at increasing adoption. The platform also facilitates ecosystem-wide collaborations through co-marketing campaigns, AMAs, and integration opportunities for blockchain projects seeking to leverage its infrastructure.

About MemeCore

MemeCore is a Layer 1 blockchain built to serve memecoin communities, offering a framework for decentralized applications, staking, and governance. Its ecosystem is designed to support scalable meme-driven projects through EVM compatibility and an incentive-based funding model.

Website: https://memecore.com/

X: @MemeCore_ORG

About Investors

IBC Group

IBC Group is an investment firm specializing in blockchain and decentralized technologies, focusing on early-stage funding and advisory services.

Location: Dubai, AE

Website: https://www.ibcgroup.io/

Waterdrip Capital

Waterdrip Capital is a venture firm supporting blockchain startups, particularly in Web3, decentralized finance, and digital assets.

Location: Road Town, VG

Website: https://waterdrip.io/

Catcher VC 

Catcher VC provides capital and strategic support for emerging projects in DeFi, NFTs, and blockchain infrastructure.

Location: Beijing, China

Website: https://www.catchervc.com/

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