The fearless and curious Dodo Bird would follow people around, finding them fascinating. Similarly, fans send unconditional love to their favorite artists, just like the Dodo Bird.
We’ve chosen the Dodo Bird as a symbol of this unwavering love from countless fans to artists, represented by memes.
The Dodo Bird went extinct in 1861 due to its lack of predators and curious nature. Similarly, fandom communities thrive or decline based on the popularity of their beloved artists. However, just as the Dodo Bird might be imagined to return, fandom communities often experience a resurgence, regaining popularity over time.
We need a fandom crypto ecosystem that combines the storytelling appeal of meme coins with organic engagement. This ecosystem should connect potential customers for the community’s growth and offer fair compensation based on fan contributions. It should encourage fans to create, share, and enjoy various content, fostering a vibrant and dynamic community.
Artists and fans in culture, art, and entertainment form a unique collective of creative and independent individuals. They need a tailored communication infrastructure, both online and offline, that caters to the distinct nature of their fan communities. This infrastructure should facilitate meaningful interactions among these free spirits.
This whitepaper proposes ways to enhance voluntary participation in fandom communities by incorporating meme functionalities within the crypto ecosystem. It also outlines strategies for expanding independent online and offline communication infrastructure to better support these vibrant fan communities
This involves creating additional value by reproducing, sharing, and consuming content within the fandom. Fans actively participate in activities such as performances and exhibitions organized by artists, generating further value for the community.
Profits naturally arise from the voluntary participation of artists and fans. The concept of donation-added value is introduced, which extends beyond commercial gains, allowing profits to contribute to the development of the fandom community.
Medodo Coin is used within the fandom community for various purposes, such as purchasing concert tickets and making voluntary donations. The coins used are then burned, increasing the overall value of the cryptocurrency.
Valuable cryptocurrencies appreciate through burning based on their usage. A certain percentage of these burned coins are donated to the affiliated fandom community, encouraging active donation participation.
Fans can use the free airdropped coins within the community, contributing to its development and gaining personal pride from their involvement. Additionally, they benefit from the potential increase in the value of Medodo Coin, allowing for individual profit.
Medodo Coin is based on the BEP-20 standard. The total supply is set at 1.681 trillion, symbolizing the year of the Dodo Bird’s extinction. Continuous burning based on usage will occur until 2030, following the initial meme coin concept to sustain the crypto ecosystem. The Medodo Foundation hopes for a complete revival of the Medodo by 2030.
Out of the initial 1.681 trillion coins, the fan community-exclusive donation coin evolves from a meme coin driven by interest to one centered around storytelling through gradual burning. It aims to protect endangered species, restore extinct animals, and consider the Earth’s environment. This transition from interest to activism provides fans with an ideological principle and a material resource, enabling collective action.
The initial issuance price of Medodo Coin is set at $0.0002030. We plan to conduct a free airdrop of 1,681 coins to all members of the fandom community who wish to participate. Additionally, periodic free airdrops will continue based on voluntary participation in community activities and infrastructure development.
