How to launch a memecoin on Base
In this post, we’ll guide you through the simplest and safest way to launch a Base memecoin. No coding is needed. No seed liquidity needed either, liquidity on meme.market is powered by NFT mints.
What is this article about?
In this article, we will explore the process of deploying an ERC-20 token on the Base L2 blockchain using meme.market. With this process, you can launch fair, rug-free tokens. 🚀
What is an ERC-20 Token?
ERC-20 defines a common list of rules for Ethereum tokens to follow within the larger Ethereum ecosystem, allowing developers to program how new tokens will function in this ecosystem. This also allows developers to accurately predict interaction between tokens. These rules include how the tokens are transferred between addresses and how data within each token is accessed.
What is Base blockchain?
Base blockchain is an Ethereum-based blockchain developed by Coinbase. As a Layer 2 (L2) network, it provides a secure, low-cost, and developer-friendly platform for building decentralized applications (dApps). 🔵
One of the primary goals of Base is to address the scalability issues that plague the Ethereum mainnet. With high gas fees and slow transaction speeds, the mainnet can be a challenging environment for dApp developers to work with. Base is designed to alleviate these problems and offer a more efficient and effective solution.
What is meme.market?
meme.market is a memecoin launchpad. Each coin on meme.market is fair launch and automatically comes with a collaborative meme collection. Make memes with friends to earn more coins. 🫶
On meme.market, each memecoin purchase comes with two things:
- The coins (ERC-20)
- A meme (ERC-1155)
Keep the coins or the meme as long as you want. Sell either anytime, they aren’t tied together.
Prerequisites
Before you start with the tutorial make sure you have a memecoin idea and some ETH on Base. You’ll also need an image that represents the coin. This image is important! It is the first media associated with the token, and sets the tone for the memecoin community.
Creating the memecoin token
- Go to meme.market and connect your account. Click on “Launch” at the top left.
- Create your memecoin Market by naming it and choosing a symbol.
- Upload your first meme. This image will be shown to people when they want to buy the coin, and you will receive 5% of their purchase amount.
- Buy your coins. Enter a custom amount or choose a preset amount.
- Click on “Create Market” and confirm the transaction. Remember, you can’t make changes after your coin is launched.
Congratulations! Now you have a trade-able memecoin on Base blockchain.
Memecoins on meme.market automatically have a built-in meme collection. Anyone can add more memes to earn 5% in coins when new memecoins are purchased. Memes power the memecoin.
Now you can share your link with friends, create memes for the token, and start trading!
In Conclusion
We hope you found this article on creating and deploying a memecoin token on Base blockchain informative and helpful! With meme.market, you can instantly launch a memecoin on Base that is fair with no seed liquidity needed. Create compelling memes and earn memecoins.
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