A marketplace for memes.

Market Cap: 300 ETH ($600,000)
Liquidity Pool: 20 ETH ($40,000)
Buyback Pool: 40 ETH ($80,000)
Token Holders: 4,298

😆LOGE is a parody coin.

While DOGE features memes about a dog, LOGE features memes about an inanimate log of wood. Buy LOGE to invest in memes... about LOGE!

🎈LOGE is deflationary.

Just like bitcoin mining produces rewards that decrease by half every four years, logecoin meming produces rewards that sharply decrease with time. Much about LOGE is based around the mathematical log(x) function, which is famous for growing by only 1/x as x increases.

🔥 No wait, LOGE is hyperdeflationary.

Buying, selling and transferring LOGE burns 10% of the LOGE to liquidity, making it even more scarce. Unless the transaction is made by [people you invited] – then 10% from all their transactions actually goes to you. The only other exception to the 10% fees is using LOGE for its intended purpose...

🤝LOGE is a marketplace!

LOGE isn't just a parody. That's right, LOGE has a massive use case as a DeFi marketplace. People buy LOGE and use it to invest in fractional ownership of any NFTs that have been listed on the marketplace. When used to buy and sell NFT shares, there is no 10% LOGE transfer fee. Instead, owners of the NFTs earn 2% of the LOGE from every sale of shares in their NFTs. Thus, transferring NFTs that have been added to the LOGE marketplace comes with LOGE cash flows, which could become very valuable.

🥇Refer friends and earn LOGE

Invite people by sending some LOGE to their wallet. If you're the first one to do so, you'll get 5% whenever they sell their LOGE. So the more people you invite, the more LOGE you can get.

TOKENOMICS

  • LOGE is designed to be the utility token of the LOGE marketplace, that is used to buy and sell shares in various NFTs whose owners chose to list them on the marketplace. It enables cash flows to NFT owners, denominated in LOGE, which start to accompany sales of the NFTs.
  • LOGE features natural strong incentives for everyone to HODL the token, by making short- and long-term investments in NFT shares, which are held in one's wallet like a portfolio to be shown off to others, traded and sold.
  • LOGE doesn't just make people want to HODL, but encourages them to invite their friends, and earn referrals for doing so. This referral scheme is one level deep, but is designed to increase the number of token holders. This number also triggers the daily LOGE meming rewards.
  • LOGE is completely decentralized. It is issued and managed by a smart contract, which mints them when people buy it for ETH. The smart contract also mints additional LOGE rewards to be given out to the top NFTs.
  • LOGE may be purchased in order to participate in the marketplace, by listing new NFTs, buying and selling shares in NFTs. Speculation on the price of LOGE is completely at your own risk.
  • Some Tush in a Kimono, the creator of LOGE, is a mysterious figure and future developmemnt may or may not be undertaken by an emerging developer ecosystem around the LOGE protocol, which is documented on GitHub with the full source code.

    • ROADMAP

    Years ago, DOGE was launched as a parody combining Bitcoin with a meme. It's time for something more modern. LOGE is a next-level parody combining Bitcoin and the DeFi space, with a marketplace of memes. But it is also becoming a marketplace for enabling fractional ownership in NFTs of any kind.

    Phase 1: Memes about LOGE

    Just like with DOGE, there are a growing amount of memes about LOGE. Make your own and list them on the LOGE marketplace! Unlike DOGE, you might actually earn a lot of passive income if they get popular. LOGE measures Proof of Popularity and every 24 hours, the top 10 memes are awarded additional LOGE.

    Phase 2: Memes about Anything

    Memes on the Internet are shared far and wide, and LOGE provides a way to monetize their popularity. People can invest LOGE in a meme that they believe will become more popular, and if they're right, they can walk away with more LOGE. Meme shares rise and fall linearly in price as people buy and sell them with LOGE.

    Phase 3: Non-Fungible Tokens

    Gradually, we expect owners of all kinds of NFTs to start adding them to the LOGE marketplace. After all, doing so enables "fractional ownership" by shareholders on the LOGE marketplace, which takes of all the logistics, while owners passively earn 2% in their wallet from every sale of shares in their NFT. Transferring their NFTs to others will now also come with future cashflows from people continuing to buy fractional ownership. Thus, NFT owners have very little to lose, and a lot to gain, from listing on the LOGE marketplace. If you own some NFTs, you may as well list them now.

    Phase 4: Contests

    Proof of Popularity is all well and good, but the LOGE ecosystem should launch improvements to LOGE over time. One of those is the MemeMash NFT Contest. We show random NFTs side by side and let people choose which they like better, getting some free meme shares in the process. We will then use these head-to-head match-ups to calculate an Elo rating for each NFT, as done in chess and other games. NFTs with the highest rating could then be earn additional LOGE rewards, from the LOGE marketing fund.

    Phase 5: Collections

    NFTs can be grouped into collections, and searched by keywords and owner. Imagine being able to complete your collection of fractionally owned memes and NFTs. Own a piece of history!