Whitepapper
Abstract
InfiniteLOL (LOL) is an innovative meme-based cryptocurrency designed to capitalize on viral trends and internet culture. Its defining feature is a self-replicating token mechanism that issues new tokens in response to social media activity, encouraging users to engage in meme creation and spreading. By combining blockchain technology with viral internet culture, InfiniteLOL aims to build a community-driven token that thrives on humor, participation, and collective excitement.
Introduction
Memes are a core component of modern internet culture, driving virality and engagement across platforms. InfiniteLOL leverages this cultural phenomenon, creating a token ecosystem where user activity directly influences token issuance. As social media mentions and memes featuring InfiniteLOL spread, the community is rewarded with new tokens, driving further engagement and market activity. This creates a feedback loop where virality fuels tokenomics.
Tokenomics
Ticker: LOL Total Supply: Infinite (inflationary) Initial Distribution: 50% allocated for initial liquidity pools on decentralized exchanges, 30% reserved for community rewards and viral campaigns, and 20% for development and marketing. Inflation Mechanism: New LOL tokens are minted when certain viral thresholds are reached on social media platforms. A custom-built algorithm tracks hashtags, mentions, and memes related to LOL across Twitter, Reddit, and other major platforms. Distribution: Newly minted tokens are distributed to holders and active participants (those creating and sharing memes) in proportion to their engagement levels.
Conclusion
InfiniteLOL (LOL) combines the power of memes, community-driven engagement, and viral internet trends to create a dynamic and fun cryptocurrency. By tying token supply to social media activity, LOL incentivizes users to engage with the token in a playful and interactive way, ensuring that the project remains fresh, relevant, and exciting.