Memelut - Grant Application #280
Description
Memelut Grant Proposal
Description
Problem Statement
The memecoin trading market is rapidly expanding, yet it remains highly fragmented. Users rely on multiple platforms for chart tracking, influencer insights, and trade execution, making the process inefficient and complicated. Traditional trading platforms lack a social component, forcing traders to navigate isolated environments without real-time engagement or social proof.
Memelut simplifies this by introducing a seamless, social-driven, one-tap trading experience. Through a swipe-based UI, users can easily discover and invest in memecoins while following the trading activity of influencers, friends, and trending tokens. By integrating viral marketing techniques with Web3 infrastructure, Memelut makes memecoin trading engaging, transparent, and accessible to a new wave of retail investors.
Proposed Solution
Memelut is the first social trading platform dedicated to memecoins, providing users with a gamified and interactive trading experience. Our solution transforms how users discover and trade tokens by combining social engagement with a frictionless trading mechanism.
Key Features:
- Swipe-to-Trade Interface: A one-tap trading experience, removing complexity and enabling rapid transactions.
- Social Engagement Layer: Users can follow influencers, friends, and top traders to see their real-time trades.
- Integrated Trading & Discovery: No need to switch between apps—charts, trends, and execution are all in one place.
- Cross-Chain Expansion: While starting on Solana, Memelut will integrate with additional blockchains like BNB Chain and Base.
- Viral Growth Strategy: Leveraging TikTok, Twitter, and Telegram to scale rapidly through influencer-backed campaigns and referral incentives.
By merging social trading with seamless execution, Memelut ensures a more engaging and accessible entry point for new crypto investors while optimizing trade flow for experienced traders.
Impact
Memelut contributes to the blockchain ecosystem by increasing on-chain trading activity, attracting new retail users, and expanding the utility of blockchain networks beyond DeFi and NFTs. By lowering the barrier to entry for memecoin traders, Memelut fosters greater adoption of blockchain technology and enhances liquidity across supported networks.
Additionally, Memelut’s built-in referral and engagement mechanics drive organic growth, benefiting the entire crypto ecosystem by onboarding non-Web3 natives and increasing transaction volume.
Milestones and Funding
| Milestone | Deliverables | Timeline | Risks | USD Proposal |
|---|---|---|---|---|
| Milestone 1: Integration of Memelut onto Flow | Deploy smart contracts for social trading mechanics, user engagement tracking, and memecoin discovery. Enable basic trading features. | 1.5 months | Smart contract optimization, initial user onboarding | $10,000 |
| Milestone 2: Multi-Chain Expansion & Social Trading Enhancements | Implement cross-chain support for BNB Chain and Base, integrate influencer-backed buy pressure tracking, and refine user reward systems. | 1.5 months | Technical complexities in multi-chain integration, adoption rate among new users | $10,000 |
| Milestone 3: Advanced Social Trading Features & Mass Adoption | Launch leaderboards, NFT-based social rewards, and viral marketing incentives to drive 200,000+ users. Scale strategic partnerships with influencers. | 2 months | Sustaining viral growth, maintaining liquidity for seamless trade execution | $10,000 |
Total funding proposed: $30,000
Team
| Name | Role | Bio | Contact |
|---|---|---|---|
| Michele Colazzo | Founder & CEO | 7 years in Web3 startups, built a 10M+ follower media network, launched a memecoin that hit $75M market cap | michele@memelut.com |
| Slava Ivchenko | CTO | 10+ years in software development, specializing in blockchain and Web3 integrations | slava@memelut.com |
| Bohdan Solomakha | Team Lead | 7+ years in backend and blockchain infrastructure development | bohdan@memelut.com |
| Mykhailo Adzhoiev | Advisor | 5+ years in crypto advisory, expert in tokenomics and community engagement | mykhailo@memelut.com |
| Alessandra Alipova | Head of Marketing | 6 years in digital marketing, specialized in viral growth and brand positioning | alessandra@memelut.com |
| Oleh Shutiak | Head of Development | 8+ years in full-stack development, Solana & Ethereum experience | oleh@memelut.com |
| Anton Korol | UI/UX Designer | 6 years in Web3-focused design, optimizing user experience for blockchain applications | anton@memelut.com |
Additional Notes
- Wallet Address:
0xe5a4191EF009C3494d485a37Ee71B6AC91F20E15 - Teams Contact: Corentin Cadieu - Advisor & Web 3 Serial Entrepreneur
- memelut@0xlabs.tech