MemeDex
Zem Finance's first product
MemeDex is an index token that holds a basket of memecoins and is currently undergoing initial launch.
Learn about Memedex's weightings, allocations, and creation criteria here.
Learn about Memedex's tokenomics here.
Initial Launch Goals
Despite the name, MemeDex is a serious financial product. As Zem Finance's first product we're keen on making it as successful as possible.
Memecoins are statistically one of the least correlated sectors to Bitcoin's performance. Memecoins come and go, with many randomly exploding in price at the most unexpected times. Memedex offers a way for investors to capitalize on this lucrative asset class through its index token offering. Memedex's tokens and weightings are actively changed to represent what the memecoin industry is currently talking about. These weightings and adjustments are made by Zem Finance's analysts and traders while incorporating a mix of community feedback. We want this index token to best represent the memecoin industry: a fun, speculative, and easy way to invest in cryptocurrencies. On our current backtracked performance, Memedex has returned 127.8% a year on average over the last 5 years.
We currently do not have any quantitative goals like most projects with a market cap or volume amount they'd like to reach. This is because we're purely driven by the community and public response, as that's the essence of a good product. We are also not held by our VC investment partners to any growth metrics, rather they believe in our product and ethos as much as we do in making a successful financial product.
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