Ref: medium

😂 NFT Project Research : Memeland | by CRIPCO | May, 2023

Source : Memeland on Twitter

“The community company”

Memeland is a Web 3.0-focused venture studio created by the 9GAG team which has built up a monthly audience of more than 200 million across its various social media platforms. Since its founding in February 2022, it has launched a total of three collections: ‘YOU THE REAL MVP,’ ‘The Potatoz,’ and ‘The Captainz.’

9GAG, based in Hong Kong, is the Web 2.0 mainstay social media website. It’s a humorous community website that has established a strong presence on most major social media platforms, including Instagram, Facebook, Twitter, and TikTok.

Source : 9GAG website
9GAG logo

2–1. Team

9GAG CEO, Ray Chan

(Nickname / Role / Career / Remarks — personal details, characteristics, issues, etc.)

9gagceo / Founder
:: CEO of 9GAG

CHAR / Core team member
:: Team member of MagicBatch

mamypoko / Branding and marketing
:: Community artist of KaijuKingz

Kevin Yuen / Product Head
:: Product Head of Lalamove

Karen / Captain
:: 12-yrs digital marketing exp
Head of Social at 9GAG

saya / Team member

on9.eth / Community & Content Director
:: Stand-up comedian

barelyanything.eth / Builder
:: Co-Founder of 9GAG

Chung / Development Assistant Manager
:: Development Assistant Manager at GRAVITONS

2–2. Backers & Partnerships

No history of receiving external investment

2–3. Famous Holders

ikehaya / Co-Founder of cryptoninja_nft

Keungz / Marketing / Advisor / Tech of @memeland @yogapetz @avycnft

LoveMake.eth / Influencer

Alex | Taiji Labs / Founder of TaijiLabs

shan / Co-founder of pgodjira

Mondoir / Gallerist

ᴇᴠxɴ / Influencer

Will Fan / Head of School

cygaar / Software Engineer

2–4. Other Persons Involved

0xInuarashi / Advisor
:: CEO at cypherlabz

Adrian Cheng / Advisor
:: Cultural Leader website

Gary Vaynerchuk / Advisor
:: Founder at VeeFriends

Kevin Rose / Advisor
:: Founder at PROOF Collective

Akekmisan / Moderator

Jiang / Moderator

Mrs. Luu / Moderator

titikmulai / Moderator
:: Community manager at yogapetz

Captz. JotaHache / Moderator

timiice / Moderator

3–1. Story

Source : Memeland on Twitter

The key concept revolves around “an adventure setting sail from BROKEN SEA in search of the treasure island ‘Memeland’, home to glory, prosperity, love and the finest memes’’. In keeping with the narrative, the project has unveiled its signature collection, ‘The Captainz’. The collection employs terms like Treasure Mapz and Treasure Bags in the event and utility aspects, inspiring holders to immerse themselves further into the ecosystem.

3–2. Information about the Project

  • Type: Membership / PFP
  • Art Concept: Pixel art
  • Rarity Characteristics


‘Trophy’ is the only rarity level. Even if two out of nine attributes, ‘Mermaid’ and ‘Poseidon,’ were minted at the least quantity, they show no significant difference in benefit or price among the attributes.

Source: YOU THE REAL MVP on OpenSea

🥔 The Potatoz

Among the nine attributes, some confer a higher trading value than others; including ‘Golden~’ attribute, ‘Unit~’ (attribute of Mutation), and the ‘Yin Yang’ (attribute of Yype). Notably, potatoz holders possessing the ‘Ticket’ attribute have benefited from additional minting or airdrop rewards courtesy of ‘The Captainz.’

Source : The Potatoz on OpenSea

🏴‍☠️ The Captainz

The reveal process is segmented into stages from Stage 0 to 3. However, Stage 2 was excised from the initial plan, leaving just one remaining reveal stage (currently at Stage 1).

Source : Memeland on

As it stands, apart from the ‘Stage’ attribute which is related to ‘Questing’, and its soft-staking system, there’s only a singular ‘Type’ attribute. NFTs with attributes signifying partnership project names are faring well in the trading market, attracting relatively high prices.

Source : The Captainz on OpenSea

3–3. Utility


  • 2 free mint spots for Memeland NFT
Source : Memeland on Twitter
Source : Memeland on
  • Allowlist for all future MEMLAND/9GAG NFT collections
  • Access to MVP lounge in Discord
  • MVP role in Discord
  • Boosting effect of key utility for staking NFTs
  • $MEME token airdrop
Source : Memeland website

🥔 The Potatoz

  • ‘PRIZE DRAW’ raffle ticket in accordance with each Growing Stage
Source : Memeland on Twitter
Source : MEMELANDPRIZES on OpenSea
  • 1 FCFS (first-come, first-served) mint spot for ‘The Captainz’ per 1 Potatoz NFT
  • 1 Guaranteed mint spot for ‘The Captainz’ per 3 Potatoz NFTs
  • Earn “Valuables” when participating in Questing
  • Higher chance of obtaining ‘Treasure Mapz’ of higher rarities when participating in Questing with ‘The Captainz’
  • $MEME token airdrop
Source : Memeland website

❓ Growing / Questing

1️⃣ Growing

‘Growing’ is a soft-staking system similar to ‘Nesting’ of Moonbirds, a notable NFT project created by PROOF Collective. This system serves to encourage liquidity suppression while promoting value stability. It accomplishes this by incrementing incentives and benefits depending on how long they grow (Stage 0 → 5). In doing so, it stimulates long-term holding and progressively rewards patient and strategic participation.

Source : Potatoz Dashboard

🔽 ***Duration needed to upgrade on each Stage

Source : Memeland on Twitter

🔽Raffle tickets on each Stage

Source : Memeland on Twitter

2️⃣ Questing

A staking system, a feature available for all collections within the Memeland ecosystem, after minting of The Captainz. It’s a social staking mechanism which encourages community members to form crews such as Super Crew and Full Crew to maximize benefits. Holders should participate to fully unlock the benefits of holding Memeland NFTs.

Source : Memeland on Twitter

🏴‍☠️ The Captainz

  • Treasure Mapz Airdrop (related to $MEME)
Source : Memeland on Twitter

✔ Treasure Mapz come in 5 different rarities: Special, Extraordinary, Magical, Epic, and Mythical.

Source : Memeland on Twitter
Source : Memeland on Twitter
  • $MEME token airdrop
  • Participation in Treasure Islandz
Source : Memeland website

Super Crew and Full Crew are granted crew only raffle tickets which let them obtain Potions. This exclusive incentive system serves to reward holders who own a mix of NFTs from Memeland collections for their commitment and involvement in the ecosystem.

Source : Memeland on Twitter

✔ Super Crew : 1 MVP + 9 Captainz + 27 Potatoz

✔ Full Crew : 1 Captainz + 3 Potatoz

3–4. IP

While there have been no official statements regarding IP rights, it can be assumed that holders could be entitled to use the IP of their own NFTs. However, this inference is unofficial and the allowed scope of the rights remains an assumption until explicitly confirmed by the team or announced formally.

Source: Memeland on Discord

3–5. Related Sub-projects


📖 Main Story


Over the last decade, 420 beautifully crafted gold trophies were discovered in different historical sites worldwide. They all have the same inscription: In i dór -o i greatest memes lies i greatest mír. Roughly translated, these words mean: In the Land of the Greatest Memes lies the Greatest Treasure.

📌 About MVP


MVP gives you access to an exceptional network of collectors, builders, creators, makers, entrepreneurs, professionals, and degens who share advice, information, knowledge, and skills openly to help each other win. MVP is not an “alpha group.” MVP IS THE ALPHA!

We will also be there to support you at all times, and we will do everything we can to assist you.


With MVP, you have the first access and information to the projects and products we will drop, including Potatoz, Captainz, Treasure Islandz, and more.

This premium membership includes private access to the MVP lounge in Memeland Discord, preferential allowlist spots, NFT drops, IRL events, and other collaborations available exclusively for MVP members.


In the “Fast and Furious” movies, nitrous oxide or NOS is a magical substance that can make all your car troubles go away and make cars fly.

At Memeland, MVP IS THE NOS! MVP adds fuel and oxygen to your Memeland engine and turns on the turbo mode. It boosts every key utility of your Memeland NFTs, from weekly tickets to $MEME staking and more!”


📖 Main Story


A long time ago, in a memetaverse far, far away… Memeland was a deserted land unsuitable for life. Until [redacted] years ago, early lifeforms started to appear. Memeland’s first residents, it turns out, were a bunch of Potatoz. Who left the Potatoz there?”

📌 About Potatoz


The Potatoz is a collection of 9,999 utility-enabled PFPs that feature rarity-powered traits inspired by internet memes and pop culture. It was launched as a free mint in June 2022 and became a top 150 OpenSea collection in less than 69 days.

Potatoz represents the base level membership of Memeland. You are not only part of the fun and energetic community, and you are like a co-founder of Memeland!


There is no “I” in the team but there is a “P” in the pirate.

Potatoz are the best companions to Captainz. They are small but they are strong. They are cute but they can kill. They make for a great side dish, but some may feel a calling to become the main course. They have a natural gift for finding treasures but they are also annoying little b*tches. So Captainz usually don’t take more than 2–3 Potatoz in a crew.


Potatoz come with innovative non-custodial staking and a multi-stage reveal mechanism. It adds a little fun and rewards for our passionate community.

Growing your Potatoz allows them to sit in your wallet, keep them safe from hacks and scams, and evolve into the next stages (from stage 0 to stage 5) while collecting tickets to enter the weekly prize draw. Rumour has grown that it is related to $MEME, allowlist spots, NFT drops, access to IRL events, and more!”


📖 Main Story


9,999 Captainz, with their pirate crewz, explore the Broken Seas in search of the legendary treasure known as “Memeland”. Join them in their quests for glory, fortune, love, and of course… memes.”

📌 About Captainz


The Captainz is a collection of 9,999 utility-enabled PFPs that feature rarity-powered traits inspired by pirates, internet memes, and pop culture. It is the premier collection of Memeland.

Captainz represents the premier level membership of Memeland. Utility and perks available exclusively to the Captainz will be revealed in time.


Captainz have many perks; two of the most highly anticipated ones are $MEME and Treasure Islandz.

We can’t share too much right now. We can say that $MEME is not your regular NFT token that normal people don’t care about; Treasure Islandz are not your regular metaverse that feels like a digital ghost town. They are built differently, and Captainz will have first access. Pinky promise.


Captainz govern the Memeland DAO.

The DAO will serve as a community-led vehicle to empower the growth and development of the Memeland ecosystem. The DAO will deploy resources toward projects and initiatives that further the Memeland mission.

The DAO membership is open to all Captainz. Captainz will help make decisions regarding the DAO treasury, governance rules, partnerships, and beyond.”

4–1. Timeline

Opened Memeland Discord server
December 6, 2021

First mention of NFT on Discord
February 21, 2022

Fried egg contest on Discord
March 6, 2022

‘The Captainz’ collection preview (first post on Twitter)
March 20, 2022

Launched the Memeland website
April 21, 2022

Launched the Memeland Discord server
April 21, 2022

Announced some memelist entries for KaijuKingz Holders
April 25, 2022

First memelist giveaway on Twitter
April 27, 2022

Announced closing of its Discord after obtaining 110,000 verified members
April 29, 2022

Unlocked Discord for 24 hrs
May 4, 2022

Reached 0.2M Twitter followers
May 5, 2022

Released an official list of the memelist giveaway
May 9, 2022

Reached 0.3M Twitter followers
May 11, 2022

Memelist event on Instagram
May 16, 2022

Traits Contest #1
May 16, 2022

Traits Contest #2
May 18, 2022

Announced 0xInuarashi as a new advisor
May 20, 2022

Traits Contest #3
May 20, 2022

Traits Contest #4
May 24, 2022

Collaboration event with YouTubers
May 28, 2022

AMA on Discord
May 30, 2022

Collaboration event with Twitch streamers
June 1, 2022

‘YOU THE REAL MVP’ collection preview
June 3, 2022

‘YOU THE REAL MVP’ sneak peek
June 7, 2022

‘YOU THE REAL MVP’ sales notice
June 9, 2022

Announced closing of the ‘YOU THE REAL MVP’ blind auction
June 11, 2022

Announced the blind-auction result (final price 5.3 ETH)
June 14, 2022

Announced the sale of the rest after the blind auction
June 15, 2022

Announced the result of ‘YOU THE REAL MVP’ sales
June 16, 2022

Pixel artist recruitment
June 22, 2022

Warm-up: Released the Potatoz GIF
June 25, 2022

“YOU THE REAL MVP” verified on OpenSea
June 26, 2022

Announced details of ‘The Potatoz’ mint
June 28, 2022

Unlocked Discord for the 14th anniversary of 9GAG
July 1, 2022

Reached 0.4M Twitter followers
July 7, 2022

Announced ‘The Potatoz’ raffle partners
July 13, 2022

AMA on Discord
July 18, 2022

Announced the allowlist mint of ‘The Potatoz’
July 20, 2022

Snapshot of MVP holders for The 2 Potatoz airdrop
July 21, 2022

‘The Potatoz’ mint

July 21, 2022

‘The Potatoz’ verified on OpenSea
July 23, 2022

Announced Adrian Cheng as a new advisor
July 26, 2022

First Town Hall on Twitter Space
July 28, 2022

Announced the ‘Growing’ stake-to-win system
August 4, 2022

Launched the ‘Growing’ website
August 6, 2022

Announced Growing Stages
August 9, 2022

‘Growing’ went live
August 18, 2022

Announced that listing on marketplaces would disable staking
August 19, 2022

Updated Growing stages on OpenSea
August 21, 2022

Announced the result of a prize draw
August 29, 2022

Growing Stage 2 revealed
September 4, 2022

Launch of MVP DAO
September 11, 2022

Obtained the domain
September 29, 2022

Launched the updated Memeland website
October 16, 2022

MVP staking launched
October 26, 2022

Announced ‘The Captainz’ mint
October 26, 2022

Potatoz Growing Stage 5 got delayed
November 7, 2022

Waitlist pre-announcement
November 11, 2022

Growing Stage 5 pre-announcement & Twitter Space
November 13, 2022

Settled Waitlist distribution system
November 22, 2022

Distributed Waitlist codes to Potatoz holders
November 23, 2022

The Memelist checker website launched
November 25, 2022

Announced opening of waitlist without public mint
December 4, 2022

‘The Captainz’ mint schedule
December 9, 2022

Waitlist opened
December 10, 2022

Announced ‘The Captainz’ mint
January 3, 2023

Announced 18,000 wallets were eligible for The Captainz mint
January 4, 2023

‘The Captainz’ mint started
January 5, 2022

‘The Captainz’ minting ended
January 7, 2022

Airdrop of Treasure Mapz to Waitlist holders
January 12, 2023

Transfer Potatoz launched
January 13, 2023

Questing (soft staking) launched
January 22, 2023

Announced details about Treasure Mapz
January 25, 2023

Informed Questing participants of Treasure Mapz
January 29, 2023

Website dashboard and Discord server improved
February 5, 2023

“MVP Boost” launched for “Captainz Questing”
February 10, 2023

Launched Mapz Transfer
February 18, 2023

Super Crew Bonus + Potatoz Questingpre-announcement
February 27, 2023

First Potion raffle
March 7, 2023

Treasure Bags Airdrop pre-announcement
March 7, 2023

4–2. Price Chart


5–1. Marketing before Minting


  • Memeland attracted attention by unveiling the preview of ‘The Captainz’
Source : Memeland on Twitter
  • More than 10,000 retweets after the first Twitter giveaway and the launch of Discord (April 21, 2022)
Source : Memeland on Twitter
  • Reached 110,000 verified members on Discord in 2 days of the first giveaway
Source : Memeland on Twitter
  • Attracted and retained attention with daily giveaways, collaboration giveaway, and event giveaways

✔ Collab projects : Cyberkongz / KaijuKingz / Yogapetz / Moonbirds

Source : Memeland on Twitter

🥔 The Potatoz

  • With the surge in the YOU THE REAL MVP collection’s value, ‘Potatoz’ easily engaged users, amassing 10,000 retweets on their initial mint post.
Source : Memeland on Twitter
Source : Memeland on Twitter
  • While collaboration events with various NFT collections were held, similar to ‘YOU THE REAL MVP’, these events did not include a daily giveaway feature.
Source : Memeland on Twitter

🏴‍☠️ The Captainz

Following ‘The Potatoz’ mint, ‘The Captainz’ fostered greater stickiness with the introduction of the ‘Growing.’

Source : Memeland on Twitter
  • By holding prize draw event sand consistently presenting engaging and intriguing activities, it aimed to maintain the community’s attention and excitement.
Source : Memeland on Twitter

✔ Total prize pool of PRIZE DRAW #1 was Ξ102 (2 MVP / 30 Potatoz)

  • To maximize the potential interest, the team introduced a waitlist system, creating anticipation and efficiently managing the projected high demand.
Source : Memeland on Twitter
  • Before the mint day, 18,000 wallets were connected and became eligible.
Source : Memeland on Twitter

5–2. Sales and Holders

1️⃣ Mint Progress


  • Total supply: 420
  • Mint price: 5.3 ETH → blind auction by top 300 bidders
Source : Memeland on Twitter
  • In a departure from traditional methods, the team opted not to sell on a separate mint page. Instead, they chose to send NFTs directly to buyers in return for an Ethereum deposit into the team’s wallet, providing a more streamlined and direct transaction process.
Source : Memeland on Discord
  • However, the bear market sentiment prevalent at the time and the steep price point set (5.3 ETH) resulted in actual purchases by blind auction winners falling short of expectations. Only approximately 170 out of 300 winners went on to complete their purchases.
Source : Memeland on Twitter
  • In response, the team adjusted its strategy, pivoting to a Discord private sale for members, followed by a public sale.
  • However, when Phase 1 didn’t sell out, another strategic pivot was made. The Phase 2 public sale was called off, and the mint process concluded by distributing the remaining supply among moderators, advisors, and the team to add up the reserve. At this stage, users who expressed an interest in purchasing were still given the opportunity to participate.
Source : Memeland on Discord

🥔 The Potatoz

  • Total supply : 9,999
  • Mint price: Free
  • No public sale occurred; minting was restricted to an allowlist.
Source : Memeland on Twitter
  • Instead of over-allocation, the strategy involved distributing any remaining supply post-minting to MVP holders, underlining the preferential treatment of ‘YOU THE REAL MVP’ holders.
Source : Memeland on Twitter

🏴‍☠️ The Captainz

  • Total supply : 9,999
  • Mint price: 1.069 ETH
  • The minting process was broken down into two categories: Guaranteed and Non-Guaranteed.

✔ Guaranteed mint : ‘Memelist’ + ‘Ticket Potatoz’ holder + ‘Potatoz’ x 3 holder

Ticket Potatoz = Extra Memelist

Source : ‘The Potatoz’ on OpenSea

✔ Non-guaranteed mint : ‘MVP’ holder (Priority) >> ‘Potatoz’ holder >> ‘Waitlist’

✔ Airdrop : ‘MVP’ holder + ‘Golden Ticket Potatoz’ holder

Golden Ticket Potatoz

Source : ‘The Potatoz’ on OpenSea

2️⃣ Mint Result


Source : ‘YOU THE REAL MVP’ on OpenSea, May 23, 2023
  • Total volume: 4,281 ETH
  • Floor price: 55.68 ETH
  • Price chart
Source : ‘YOU THE REAL MVP’ on OpenSea, May 23, 2023
Source :, May 23, 2023

✔ During the minting period, NFTs didn’t sell out, and the secondary trading price hovered around the initial sale price of 5.3 ETH. However, since that time, the price has experienced a consistent upward trajectory.

  • Highest price: 63.5 ETH
  • 68% of the supply has never been sold since minting.
Source :, May 23, 2023

🥔 The Potatoz

Source : ‘The Potatoz’ on OpenSea, May 23, 2023
  • Total volume: 39,433 ETH
  • Current floor price : 3.09 ETH
  • Price chart
Source : ‘The Potatoz’ on OpenSea, May 23, 2023
Source :, May 23, 2023

✔ After selling out, the price surpassed the 1 ETH mark and reached its peak (9.5 ETH) in early January 2023, fueled by the minting participation and anticipation surrounding ‘The Captainz’. Subsequently, there was a price dip, but the trend has regained strength recently, indicating a positive market sentiment.

  • Highest price: 16 ETH (Type = Ghost)
Source : ‘The Potatoz’ on OpenSea, May 23, 2023
Source :, May 23, 2023

🏴‍☠️ The Captainz

Source : ‘The Captainz’ on OpenSea, May 23, 2023
  • Total volume : 41,381 ETH
  • Current floor price : 8.245 ETH
  • Price chart
Source : ‘The Captainz’ on OpenSea, May 23, 2023
Source :, May 23, 2023

✔ Since selling out, the price has demonstrated volatility, fluctuating between 3 ETH and 6 ETH, with an average price hovering around 4 ETH.

Highest Price: 43 ETH (Type = Alien)

Source : ‘The Captainz’ on OpenSea, May 23, 2023
Source :, May 23, 2023

3️⃣ Holders Attributes


Source :, May 23, 2023
  • Number of Holders : 280
  • Number of Whales : 19 (addresses with at least $1,000,000 worth of NFTs and one NFT of this collection in their wallet.)
  • Blue Chip Holders : 275 (98.2%)
Source :, May 23, 2023
  • The percentage of long-term holders over 3 months accounts for 86.19%.
Source :, May 23, 2023
  • The percentage of 1 NFT holders is 94.64%, indicating fewer whales and a good distribution of holders.

🥔 The Potatoz

Source :, May 23, 2023
  • Number of Holders: 2,889
  • Number of Whales: 27 (addresses with at least $1,000,000 worth of NFTs and one NFT of this collection in their wallet)
  • Blue Chip Holders : 2184 (75.6%)
Source :, May 23, 2023
  • The percentage of long term holders over 3 months is 73.22%.
Source :, May 23, 2023
  • The proportion of holders owning more than one NFT was 51.23%. This percentage was set to increase due to the implementation of multiple holder policies, such as guaranteeing “The Captainz” definitive whitelist spots to those holding 3 Potatoz.

🏴‍☠️ The Captainz

Source :, May 23, 2023
  • Number of Holders : 4,515
  • Number of Whales: 25 (addresses with at least $1,000,000 worth of NFTs and one NFT of this collection in their wallet)
  • Blue Chip Holders : 2,562 (56.74%)
Source :, May 23, 2023
  • Over 68% are long-term holders over 3 months.
Source :, May 23, 2023

The percentage of 1 NFT holders is 67.24%.

❗ Memeland has made it clear that there will be no formal roadmap for the project. Therefore, any details provided below are not part of an official roadmap and should be considered as general guidelines or predictions based on current trends and information.

  • YOU THE REAL MVP launched (June 14, 2022)
  • Launch of The Potatoz (July 21, 2022)
  • Growing staking system launched (Aug 18, 2022)
  • The Captainz launched (Jan 5, 2023)
  • Questing (staking) system launched (Jan 22, 2023)
  • $MEME is launching in 2023 — TBA
Source : Memeland website

❓ $MEME Token

Slated for a 2023 launch, the MEME token is designed to support all creators within the Memeland ecosystem. As per the team’s vision, the token will serve as a vital link connecting all aspects of the Memeland ecosystem. Furthermore, it will be used within SocialFi products, creating a cohesive and inclusive network for all participants.

✔ Planned SocialFi products — Tripadvisor for your web3 journey — Proof of Fandom Protocol — Web3 OnlyFans. Clothes required

@Stakeland — Making crypto staking fun

1️⃣ Skillful Community Build-up

The team thrives on its strong foundation rooted in a vibrant community. They have demonstrated a keen ability to consistently engage their community members with timely and compelling memes, keeping the platform lively and appealing.

Source : Memeland on Twitter

2️⃣ Public Image & Branding Build-up

In a bid to support MVP holders who have fallen prey to scammers, the team has taken the proactive step of refunding the royalties earned on such transactions. Additionally, they frequently incorporate the phrase “We never give you up” in their advertising, emphasizing their commitment to their holders. This showcases the company’s dedication to its user base and their steadfast approach towards protecting their community from fraudulent activities.

Source : Memeland on Twitter

3️⃣ Internal Solidarity

Source : Memeland on Twitter

Despite the limited supply of collections, the team has made concerted efforts to minimize external whitelist leakage through collaborations, raffles, and so on. Whitelist selection within the community is also a strategic process that involves events such as contests. In selecting holders, the team puts in maximum effort to foster unity and engagement within the community, underscoring the importance they place on community coherence.

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