FAQ proof of meme white paper
ABSTRACT
Bitcoin rewards miners for burning electricity. Ethereum rewards stakers for locking capital. Neither directly contributes to network growth or price appreciation. CHONK proposes an alternative: reward those who create memes, build culture, and bring new participants into the network. By leveraging Solana's existing security infrastructure, CHONK can focus purely on distribution—allocating tokens to contributors who demonstrably add value. The mechanism is simple: create content, receive votes from the community in the form of direct token transfers, and participate in building something that might actually grow over time. No promises, no guarantees—just a different approach to what a memecoin could be.
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3mon ago
06, oct 2025
FAQ proof of meme white paper
ABSTRACT
Bitcoin rewards miners for burning electricity. Ethereum rewards stakers for locking capital. Neither directly contributes to network growth or price appreciation. CHONK proposes an alternative: reward those who create memes, build culture, and bring new participants into the network. By leveraging Solana's existing security infrastructure, CHONK can focus purely on distribution—allocating tokens to contributors who demonstrably add value. The mechanism is simple: create content, receive votes from the community in the form of direct token transfers, and participate in building something that might actually grow over time. No promises, no guarantees—just a different approach to what a memecoin could be.