Original - Odaily
Author - Nan Zhi
Today, BOOK OF MEME (BOME) released by Pepe Meme artist Darkfarm has swept all social platforms. It has increased 20 times in just three hours since it was launched, with a market value of over 80 million US dollars. What makes it grow so rapidly? Odaily will reveal its project concept and development history in this article.
Meme Gallery——BOOK OF MEME
Who are Darkfarms?
Darkfarms is an artist specializing in the creation of Pepe Meme images. His most famous work was previously the Pepe-themed NFT series SMOWL. This work was released 2 years ago. The issue price that year was 0.04 ETH. The floor price before BOME exploded was about 0.047 ETH, and it currently rises to 0.2 ETH.
In addition to this work, Darkfarms has also continued to create Pepe Meme images and NFT series over the years. Here are some examples from his personal website:
WHAT IS BOOK OF MEME?
On March 10, Darkfarms began to preview the upcoming launch project. On the 12th, it disclosed the project BOOK OF MEME and its project concept. Darkfarms stated that BOOK OF MEME is
A shitcoin, a renewable electronic magazine, a multi-functional tool for creating Meme, a CC0 Meme library with all un-Mint JPEG links. Maybe even a decentralized social network, a link to everything A single NFT, as well as a small gif on the solscan browser.
BOOK OF MEME captures the current Meme meta(data), including most of the Meme coins on the chain. The data is stored on Arweave/IPFS/Inscription, and can even be used as a social platform for cross-chain storage, but it is mainly a book of me. Can be updated and constantly add new Meme and new style books.
In short, BOOK OF MEME is a permanent storage library for Meme and will expand a series of Meme creation functions based on it.
Darkfarms showed off some of BOOK OF MEMEs features, such as turning an image into a glitchy pixel style:
Store Meme creations permanently in Arweave/inscriptions/ipfs, etc.
Start pre-sale
On March 13, Darkfarms launched a pre-sale. You can participate by sending SOL to the designated Solana address. There is no fixed price for this pre-sale, and all participants in the pre-sale will be allocated tokens according to the proportion of SOL they donated. The progress of the pre-sale has also far exceeded Darkfarms’ expectations. The original fundraising expectation was only 500-600 SOL, so he opened a community vote to let participants decide how to allocate the pre-sale funds. As of 8 a.m. today, according to data disclosed by Darkfarms,A total of 10,131 SOLs were raised。
At 15:00, Darkfarms will add all SOL raised into the LP pool, with the initial price being 0.0{3}496 USDT. Subsequently, the token began to spread widely in the Chinese and British communities. Due to its extremely high depth, it can accommodate the entry of a large amount of funds. A large number of buy orders of more than 100 SOLs continued to pour in, pushing its price to continue to rise; the highest price of BOME rose to 0.0012 USDT. , up approximately 24 times, with a market value exceeding US$80 million.
At present, BOME is still continuing to rise and has reached the second-tier market value of Solana Meme. Whether it can become the next 100 million yuan Meme remains to be seen by the market.
