Original author: Frank
Original source: PANews
Meme currency is undoubtedly the busiest track in this bull market. The topics discussed around Meme coins have always been basically price speculation. It seems that the creation and growth of Meme coins often have nothing to do with the real value. After a period of hype, whether the price can be converted into value through consensus may become the main topic of many Meme coins after the craze cools down.
Dogelon Mars ($ELON) is one of the early representatives of Meme coins, named after Tesla CEO Elon Musk. In 2021, the popularity of ELON tokens is not inferior to that of DOGE and SHIB at the same time. As the first Meme coin made popular by Elon Musk, Dogelon Mars did not disappear after a wave of popularity like other Meme coins. Instead, with the consensus of the community, it gradually embarked on a development path of "combination of science fiction and realism".
In the name of AI, build a new story leading to Mars
Like SHIB, Dogelon Mars initially gained fame by gifting 50% of its tokens to Vitalik Buterin, who later donated 43% of the total $ELON to the Methuselah Foundation to support extending healthy human lifespan. The Methuselah Foundation subsequently announced that it would manage these holdings to maximize the long-term value of $ELON and maintain active engagement with the community in the long term. Perhaps under the influence of an organization with a grand vision like the Methuselah Foundation, the Dogelon Mars community earlier broke away from the pursuit of price hype. Centering around a science fiction story about getting to Mars, the community began to gradually establish its own roadmap.
In this story, Dogelon Mars takes place in the year 2420, where he is born and lives with his family on the beautiful red beaches of Mars. Together with his friends and family, they transform the thriving colony into a technological powerhouse capable of benefiting all species in the universe.
AI is an important part of Dogelon Mars’ territory. In September 2023, Dogelon Mars officially launched ai.dogelonmars, a tool platform for AI creation of NFTs, which is an image creation platform that integrates AI and NFTs. By entering prompt words, users can freely and quickly create NFT materials with personal imagination, and can choose whether to mint.
To date, users have used artificial intelligence tools to create more than 2,000,000 Dogelon images, which provide a large number of story backgrounds and elements in the development of Dogelon Mars comic themes and peripheral products. It is also gradually becoming one of the ways to build the Dogelon Mars parallel universe.
It is reported that the "advanced" mode of artificial intelligence may be released sometime in April. As the Solana chain becomes the main battlefield of Meme coins. The Dogelon Mars team is also advancing an advanced AI model for Solana NFTs.
Using Layer 2 and Solana as the way out, the expansion layout of liquidity and ecology
For many Meme coins built on the Ethereum network in the early days, how to keep on-chain transactions active in the long term is a big problem. As the magnitude of price fluctuations is no longer significant, the high cost of the Ethereum main chain has become an important factor hindering the expansion of the community.
In June 2023, the Dogelon Mars community proposed a new plan. Establish a community-specific Layer 2 (L2) chain Rufus Chain. Powered by Arbitrum Nitro technology and operated by Dogelon DAO, Rufus Chain is committed to improving the accessibility of the ecosystem while paving the way for future L2 projects. The plan was finally passed with an almost unanimous YES vote, and construction work began in full swing. The Rufus test network will be officially launched on December 31, 2023. 100% of transaction fees generated on the Rufus platform will be used to purchase and subsequently destroy Dogelon Mars (ELON) tokens. The goal is to reduce the circulating supply of ELON and increase the value of the token for existing holders.
In addition to seeking to build an ecosystem on Layer 2, Dogelon Mars has not missed the opportunity to expand its influence on Solana. In December 2023, multiple Meme coins began to achieve great success on Solana. The Dogelon Mars community quickly launched a cross-chain bridge product for the Solana chain, allowing users to freely cross-chain ELON tokens to the Solana chain. At the same time, a series of staking reward activities were launched. On December 25, 2023, Orca cooperated with Dogelon Mars to launch an airdrop plan, and launched the first Dogelon Mars NFT issued on Solana for early cross-chain members. The issuance event was completed by all Mint within 2 hours.
Additionally, Dogelon Mars has partnered with Frax Finance to introduce an ETH staking web3 application into the ecosystem.
Become a real “Mars Coin”
After building a content platform that combines AI and NFT and an ecosystem of its own Layer 2 network, the focus of the Dogelon Mars community is still on continuing to expand its ecological impact. Meme coins seem to no longer be a label for Dogelon Mars.
At present, the ecosystem has covered multiple tracks such as Layer 2, NFT, chain games, Solana, and AI, and the layout of each track also has a mutually coordinated integration logic. Among them, the Layer 2 network serves as the technical foundation in the ecosystem, NFT serves as an important content generation platform for the Dogelon Mars metaverse, and Solana and chain games play a key role in improving liquidity and expanding influence. How to provide Meme coins with a value beyond hype, Dogelon Mars may provide a possibility, that is, gradually turning the initial seemingly arbitrary goal into a reality under the power of consensus. This may be an important reason for users who were initially attracted by price fluctuations to retain and participate in the construction of the crypto community.
When a user asked in the community why the Rufus network was launched, another user responded: "When we create real value in the Rufus ecosystem, and businesses and applications thrive on this basis, $ELON will naturally become a multi-faceted currency. It becomes a store of value, a means of exchange and a driver of digital innovation. Who knows, it might even become a real Mars coin one day!”
