NFT Trading & Storage 🚀📦

Every Meme created on Meme Alchemy is minted as an NFT 🏆, ensuring digital ownership and free-market trading. To secure Meme NFTs, the platform employs robust blockchain infrastructure 🔐 and decentralized storage solutions 🌍. Meme NFTs are issued under widely adopted standards such as ERC-721 and ERC-1155, ensuring compatibility with major wallets and marketplaces. Additionally, all smart contracts undergo rigorous security audits 🛡️ to prevent common vulnerabilities (e.g., reentrancy attacks, integer overflows).

Decentralized Storage & Data Integrity 📂🔗

For Meme content storage, multimedia files (images, videos, and audio) are stored off-chain in decentralized storage networks, such as IPFS or Arweave. The NFT metadata records:

• File hashes and storage links

• Meme DNA encoding

• Additional attributes and properties

This approach eliminates the need to store large media files directly on-chain, ensuring integrity, security, and immutability 🔗. For critical lightweight data, such as Meme DNA sequences or text descriptions, information can also be directly written on-chain for permanent accessibility.

Decentralized Trading Marketplace 🎭💰

Meme Alchemy features an integrated decentralized marketplace, allowing users to buy and sell Meme NFTs directly using $MEAL tokens 💸.

• Smart contract-managed transactions support various sale models, including auctions and fixed-price sales 🏷️.

• A royalty-sharing mechanism 💎 ensures original creators automatically receive a percentage of resale profits whenever their NFTs are traded on the secondary market.

• This system encourages continuous Meme creation while ensuring full transparency in transactions 🏛️.

Token Burn & Fee Structure 🔥💰

The trading module applies a small transaction fee (e.g., 2% per sale), which is allocated as follows:

• A portion is used to buy back and burn $MEAL to reduce circulating supply.

• Another portion is added to the community reward pool, enhancing token value and supporting ecosystem incentives.