Since the crypto community began taking meme coins more seriously, some whales and crypto projects have bought into Dogecoin (DOGE) and Shiba Inu (SHIB) as a store of value for the future.
Investors have started to recognise its intrinsic value as a source of community strength, utility, and purpose. This has led the cryptocurrency market to rise to $3 trillion by 2021, making meme coins a major contributor.
A meme coin is a digital currency based on memes or jokes taken from the internet and is supported by the community to retain its value. Additionally, meme coins don’t usually have real use cases, applications, or infrastructures to ensure their growth.
This article will study how a meme crypto Mehracki (MKI) based on the Solana blockchain differs from the SOL token itself.
History of the Solana Blockchain
In 2017, Anatoly Yakovenko introduced the idea of Solana. Since then, it has been guided by Solana Labs as the company’s core contributor while also receiving support from the Solana Foundation, a Swiss-based nonprofit organisation dedicated to deriving value from the community and funding development.
The Solana blockchain network is a network for building cryptocurrencies along the lines of Ethereum and Bitcoin. The only difference between Solana and Ethereum is the former’s high rate of transaction processing capability, which is 50,000 transactions per second.
In addition to being fast and secure, Solana’s protocol is censorship-resistant, providing it with a good foundation for safeguarding transactions. Its average transaction confirmation time is instant, making Solana (SOL) quickly validate transactions and add blocks to its network.
Mehracki (MKI) Makes Fresh Entry into The Crypto League
Mehracki (MKI) is a meme token created to promote feel-good moments and activities worldwide while generating wealth for investors and society. It is based on the Solana network which makes it fast, cost-effective, and scalable. It can support smart contracts written in Rust, C++, and C.
They create an enticing framework while also retaining the fundamental elements of memes in their protocol so that it will transform how meme tokens are perceived for the better.
The goal of Mehracki (MKI) is to make cryptocurrency concepts more widely known to the general public. Instead of previous projects, Mehracki introduces holders to next-generation concepts such as participation rewards, non-fungible tokens (NFTs), decentralised exchanges, etc.
The features that pertain to Mehracki (MKI) concerning Solana (SOL) are:
- Quick transaction speed
- Nominal transaction fees
- Growth hacking.
- Branding and partnership qualities.
Business owners and users will worry less about delays in transactions since payments will go through without any obstacles using Solana. Solana’s infrastructure makes it possible to handle large amounts of data while utilising memory.
With the integration plans currently underway by Solana on Opensea, Mehracki Feel-Good NFTs will be open to a broader audience, making the project more viable.
Additionally, Mehracki (MKI) will help travel and tourism businesses realise the benefits of using its platform, especially regarding lost sales due to foreign exchange, inefficient banking systems, and having an NFT partnership.
The travel and tourism sector contributed over 10% to global GDP in 2019, showing that it is one of its most significant industries. To tap into this market, they aim to plug into the inefficiencies of payment systems and the displeasure of enterprises in the sector.
Many hospitality and tourist outlets are getting crushed under heavy taxation from the authorities. To circumvent this, Mehracki (MKI) blockchain-based projects use out-of-the-box ways to get into the circles of key figures in the tourism industry.
Meme coins are often collected or traded by people who want to be part of the internet humour trends. Solana (SOL) also has its respective community and has provided exponential returns to investors like other cryptocurrencies.
Mehracki (MKI) has the potential to be a more mature cryptocurrency despite being a meme coin. The ecosystem planned for the token benefits the businesses within the travel and tourism sector centred on meme culture, a feature that other meme coins lack.
Learn more about Mehracki (MKI) here:
Join Presale: presale.mehracki.io/register