I see on the memeX leaderboard that there's FOMO again.
These days, with the market booming, I've let go of Yapping, but seeing the prize hit $10,000 makes me so jealous.
It's been a while since I wrote anything about memeX..
I saw something about having tentacles in the profile, do I need to do that?? Help me out, memeX power… @MemeX_MRC20
I think the last post about memeX Achilles' heel might be it ㅠㅠ
MemeX Achilles tendon (@MemeX_MRC20 Achilles tendon)
Ownership, revenue sharing okay okay got it.
But platforms like memex have one Achilles' heel.
It's the legal dispute issue, like "copyright".
When the 'tokenization' of memes is combined with 'monetization' like in MemeX, it can slowly get caught up in copyright disputes.
If we look at two actual cases:
1) Peanut (PNUT) coin copyright dispute: Peanut squirrel owner Marcongo took legal action against major CEXs like Binance for using his animal character image and trademark without permission to promote the meme coin PNUT.
2) Chillguy (CHILLGUY) coin copyright dispute: When the meme coin of the Chillguy character created by Philip Banks became popular, Banks claimed copyright infringement and took legal action. However, this was resolved when the original creator and the meme coin team signed a licensing agreement.
Of course, if you create your own meme coin, it doesn't matter, but if you recycle known memes, copyright issues can arise, and the more there are, the more MemeX as a platform will have to worry.
@MeCo_ICE, @Wanamaker_X
You guys know this, right?
You will overcome it, right?
Yeah, let's work hard.
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