Duckereum is a fun and entertaining decentralized cryptocurrency created by Mark Duckerberg, Warren Duckett and M0THERducker, which builds on the foundations of Dogecoin. Duckerberg believes that the crypto world has become boring, repetitive, and that it's time to make it fun and exciting again. He wants good memes, and to pay them, he creates a fun and light currency, with no price or marketcap targets, and no incentives to "invest" that aren't financial advice (of course!), things we see routinely today. He talks to two crypto-friends: Warren, a veteran whose life was changed by bitcoin, and MD, a super IT mum who loves memes, and just like that, you're on a website that parodies Wikipedia with dark mode, where Duckerberg talks about himself in the third person as he writes all this with his own two hands feet.
What the d*ck is that?
Duckereum was born of several things. The first is the void left by Dogecoin. Dogecoin was basically just a satirical cryptocurrency, full of derision and lightheartedness. Community spirit, memes, laughter and fun were at the heart of the project. Since then, due to its huge success, speculators and influencers have joined the movement, and discussions now almost only revolve around its dollar value. We, who have known the crypto later, have missed the good times! Kudos to some Reddit members who remain as hilarious as ever! Ok, but there are other meme currencies created since then, you may ask? The vast majority of them are just in a marketcap race, created to get rich quick at the expense of many people. Their main objective is to find new "investors" so that the price can be increased, and the first buyers can "change their lives", "be financially free", at the expense of everyone else. They don't deserve to be called "meme" currencies.
Duckereum was born out of frustration. We want to relive the early days of Dogecoin! We want to make crypto fun again. Duckereum has no marketcap objectives, and no strategy to increase the price of the token: no burn, no buy back, no active marketing, no incentive to buy. Those who buy Duckereum are not seen as investors, but as fun people who want to be part of a decadent adventure, and want to support a simple and refreshing initiative in this boring world of hustlers. To begin with, Duckereum will have no use other than to reward meme competitions. Eventually, maybe some great DUCKERS will have ideas, and want to develop new tools or products to make Duckereum more useful to people, and more fun. Welcome to a long adventure.
Why Duckereum?
The name comes from the irony of the Ethereum blockchain. The Ethereum network is an absolutely incredible technical and decentralized achievement, whose real added value compared to Bitcoin lies in the fact that anyone can create an application or a cryptocurrency on the network, thanks to smartcontracts. Vitalik, its creator, hoped to see initiatives that would serve humanity, but today his blockchain is mostly used by unscrupulous people who create tokens to scam naive beginners and steal their money, and to host jpegs that can be worth millions of dollars. And all this is unstoppable. Duckereum represents all this nonsense and make fun of it.
Meme contests
Every week, a meme contest is organized by the Duckereum team on the official twitter account. A theme is imposed, related to the news, and the winner receives some Duckereum known in advance:
- Meme contest #1 to #25: 25,000 Duckereum for the winner
- Meme contest #26 to #75: 15,000 Duckereum for the winner
- Meme contest #76 to #150: 10,000 Duckereum for the winner
- Meme contest #151 to #250: 5,000 Duckereum for the winner
The winner is chosen through a vote by the Duckereum DAO (Decentralized Autonomous Organization): all those who hold Duckereum can vote for their favourite meme. That's all. Be sure to read the complete meme contest process here.