In order to facilitate users in the English community to join the discussion, @Master‘s post has been translated using AI tools, supplemented with some human edits.
Proposal for Naming the First Inscription on Omiga Protocol “MEMES”
As an active participant in the CKB ecosystem, Bitcoin inscription ecosystem, and various meme communities (including Doge, People, Pepe, Sats, and fanatical NFT communities), I propose the name “MemesCoin” (shortened to “MEMES”) for the first inscription on the Omiga protocol.
There are several reasons for this.
1. Naming is about narrative.
The first inscription on Omiga protocol, by analogy, is best aimed at becoming a combination of the Bitcoin inscription ORDI+SATS.
It not only captures the notion of “First Is First” on the public blockchain, but also captures the communication value of social meme.
“ORDI (current market cap $1,500,000,000) + SATS (current market cap $1,300,000,000) = ?” opens up the imagination for the community.
Only when the community dares to open up the imagination can meme coin succeed.
“MEMES” Coin has such potential at first glance.
2. Naming is about spreading.
The largest meme spreading platform in the world is X. The most active meme creator and advocate on X is Elon Musk.
Elon Musk has posted two important tweets about the meme that summarize his insights:
- Who controls the [MEMES], controls the Universe
Time: June 26, 2020, on the eve of Dogecoin’s historic surge.
- SEIZE THE [MEMES] OF PRODUCTION
Time: March 28, 2022, when the NFT narrative is at its hottest.
These two tweets have resonated profoundly within the crypto industry, acquiring historical significance over time. They have become an integral part of the “MEMES” Coin community mantra, giving rise to numerous fascinating derivative creations and cultural phenomena. Envision the emergence of countless interesting creations and cultural phenomena as a result.
3. Naming is for ecosystem positioning.
Considering the possibility of “MEMES” Coin being listed on the major exchanges, it is necessary to think ahead about how to get the traffic that comes with naming while avoiding naming conflicts.
Binance, the world’s largest exchange, has listed the token issued by Memeland, which is called “MEME” Coin.
The nomenclature choice for “MEMES” Coin is a proactive measure to preempt conflicts. But, the intentional similarity prompts the community to contemplate the unique goals of “MEMES” Coin and immerse themselves in the captivating narrative of an inevitable showdown with “MEME” Coin.
Furthermore, in the realm of nomenclature, “MEMES” can be perceived as a consolidation or abstraction representing all meme coins. It encapsulates the essence of meme motifs and the potential for re-incubation, often referred to as the “golden shovel.” This aligns seamlessly with CKB’s characteristic of account abstraction.
Currently, many meme coins are named after animals because animal names concrete and suitable for the community to use AI to produce pictures, so that content can be easily disseminated.
In fact, “Elon Musk+ MEMES” is the best for producing pictures and making them widely disseminated.
Significant recognition and differentiation exist between “MEMES” and other meme coins within the ecosystem.
It also facilitates the community to spring up with a variety of gameplay methods and empower them.
There are many more reasons, such as taking the opportunity to let more people use community management tools such as D.ID on CKB. I won’t go into too much detail here.
In short, the inherent value of the inscription is rooted in the attribute of meme.
I strongly agree with what Omiga says on the X platform, and I quoted here. “This isn’t just a name; it’s a legacy in the making. Let’s craft a term that echoes through the crypto world! “
Based on the resonant mood and responsible mindset, as a member of the CKB community and a member of the Bitcoin inscription ecosystem, after a long immersion in examining multiple meme and inscription communities, I solemnly put forward the above suggestions for the reference of the Omiga platform and the CKB Inscription community, and wish for all the best.
Proposer: master.bit
Attached are the sources of relevant data and statements mentioned above.
- “Who controls the [memes], controls the Universe”
- “Seize the [memes] of production!”
- The market cap of ORDI - $1,561,095,610
- The market cap of SATS - $1,338,180,091
- The market cap of Memecoin $1,598,657,271
