Memes Lab, a platform bridging SocialFi and memecoins, has successfully raised $2.3 million in a seed funding round led by Lemniscap.
Successful Funding Round
According to a press release, the investment round saw participation from several prominent firms, including TVM Ventures, Animoca Brands, OKX Ventures, Mirana Ventures, Gate Ventures, and MEXC Ventures. The newly secured funding will accelerate the development of Memes Lab’s unified platform for creating, trading, and distributing memecoins.
Platform Development Plans
Memes Lab is preparing for its highly anticipated Token Generation Event (TGE). Vova Sadkov, Co-founder and COO, emphasized the platform’s community engagement focus, aiming to foster a stronger sense of collective excitement and long-term participation.
Telegram Integration
Memes Lab leverages viral mechanics to tap into Telegram’s vast user base. The platform will automatically generate group chats for newly launched tokens, ensuring that holders are connected to community discussions. It is also integrating Telegram Stars, an in-app currency, allowing users to earn it through activities like polls and content creation. The app has attracted over 17 million players.
The successful funding underscores Memes Lab's potential in advancing the meme economy by simplifying processes and fostering community interaction.
