Deep Dive
1. Purpose & Value Proposition
BOME seeks to immortalize internet memes by storing them on decentralized networks (Solana, Arweave, IPFS) and Bitcoin inscriptions. This creates a blockchain-based "book" of meme history, blending humor with decentralized technology. The project positions itself as a social experiment, exploring how memes can drive decentralized community interaction (Bitstamp).
2. Technology & Architecture
Built on Solana for fast transactions, BOME leverages Proof of History (PoH) and Proof of Stake (PoS) consensus. Memes are stored across multiple chains:
- Arweave/IPFS: For decentralized, permanent storage.
- Bitcoin inscriptions: To add immutability.
This multi-chain approach aims to ensure memes survive platform shutdowns or censorship.
3. Tokenomics & Governance
BOME has a fixed supply of 69 billion tokens, with 50% allocated to presale and 30% to liquidity pools. The token lacks utility beyond trading and holding, openly acknowledged in its whitepaper. Governance is community-driven, reflecting its experimental "degen" ethos.
Conclusion
BOOK OF MEME is a speculative blend of meme culture and decentralized infrastructure, prioritizing permanence over traditional utility. While its storage mechanism offers innovation, the project’s longevity hinges on a critical question: Can meme preservation outlast crypto’s hype cycles?