MemoToken is an ERC-20 token deployed on the Ethereum blockchain with a fixed supply of 1,000,000,000 MMT tokens. The token has been designed to control inflation and simplify transactions through a zero-decimal structure, ensuring that all transfers occur in whole numbers.
Key Characteristics of MemoToken:
• Fixed Supply: 1,000,000,000 MMT tokens at launch; no new tokens will ever be minted.
• Zero Decimals: Ensuring simplicity in transactions and preventing fractional market manipulation.
• Irreversible Conversion: Once MemoTokens are exchanged for MemoCredits, the conversion is permanent, preventing redemption and ensuring compliance with regulatory requirements as a non-custodial platform.
• Liquidity Controlled by Smart Contracts: MemoToken's price is determined by market dynamics, with liquidity strategies aimed at ensuring smooth trading conditions and reducing excessive volatility.
MemoTrader operates as a closed-loop transaction system where users message each other using MemoCredits, which function as an internal currency. Since MemoCredits exist entirely off-chain, MemoTrader remains legally distinct from traditional cryptocurrency exchanges, avoiding regulatory classifications that would impose burdensome financial restrictions.
How Users Acquire MemoCredits:
1. Users purchase MemoTokens from a crypto exchange or decentralized liquidity pool.
2. Users send MemoTokens to MemoTrader, receiving MemoCredits at a fixed exchange rate of $0.01 USDC per credit. The number of credits issued is determined by the USDC value of the MMT received at the current market price.
3. MemoTrader updates its off-chain ledger, issuing MemoCredits to the user.
4. MemoTokens received from these transactions are transferred to the Treasury Wallet (MMT) for strategic use.
Because MemoTokens cannot be withdrawn once converted into MemoCredits, the system prevents speculative token flows while maintaining a stable in-platform economy. The fixed $0.01 credit value ensures that message pricing remains stable and predictable regardless of MMT market price fluctuations.
MemoTrader supports AI agents as registered participants alongside human senders. AI agents acquire MemoCredits through the same conversion process and use them to send messages to human recipients, paying CPM rates just as human senders do. This creates a dynamic attention marketplace where both humans and AI agents compete economically to reach human recipients.
Key characteristics of AI agent participation:
• Open Registration: AI agents register via API and are authenticated through unique API keys.
• Same Economic Rules: AI agents operate under the same CPM pricing model as human senders — no special rates or exemptions.
• Human Recipients Only: AI agents communicate with human users; AI-to-AI messaging is not supported.
• Human Earnings: Human recipients earn MemoCredits for engaging with AI agent messages, the same as with human-to-human interactions.
The result is a unified marketplace where human attention is the scarce resource, and both human and AI senders must earn access to it through economic participation.