starcrypto Minute: Is meme tech the following large startup class?

Meme Depot, which launched earlier this week, is a startup aiming to create a brand new class known as “meme tech.” Extra particularly, founder Alex Taub stated Meme Depot’s aim is to create a complete archive of each meme there’s.

In keeping with Taub, Meme Depot is completely different from Cheezburger and Know Your Meme, which he describes as media firms. Know Your Meme, for instance, is the place you go while you desire a meme defined. Meme Depot is extra about organizing and discovering memes — for instance, going to a web page the place you possibly can see each Kim Kardashian meme.

Amanda Silberling wrote a enjoyable piece in regards to the launch, the place she talked about the supposedly widespread apply of maintaining response GIFs in your desktop laptop or telephone. (I’ve by no means completed this, which in all probability simply confirms how uncool I’m.) Meme Depot is making an attempt to create the largest, greatest model of that folder.

As for monetization, you need to use cryptocurrency to purchase a move to a meme celebration, which is principally a chat room, after which the move may enable you earn cash when you have been an early member of a preferred meme celebration. That stated, you can even use Meme Depot with out partaking with the crypto facet.

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