The story behind Ray Chan and Memeland: • 2008 Ray starts 9GAG with his brother and friends • Works in a fast-food kitchen at 15, types at a temple for cash, sleeps three founders on one bed • Chooses to build instead of becoming a lawyer • YC S12 batch with Coinbase • Brian Armstrong was personally onboarding people back then • Ray was focused on building products people actually use • 2018 first look at crypto, UX was too bad, leaves • 2022 comes back, sees stablecoins and fast payments • 9gag grows to 200M users bringing up Web2 to Web3 • Spends thousands of ETH on top NFTs before launching anything • Luna crash hits, Ray launches Potatoes free mint while the market is burning • FTX collapse happens, Captains mint out in minutes while everyone else panics • $MEME launches later on Binance Launchpool and locks huge amounts at launch • Memeland grows step by step: – NFTs to form the tribe – MEME to move value – StakeLand for social staking – Ace Trader to take paper...
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