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Web3 MemeMedia Industry Gets overshadowed by Web2's Popular Memes

Cryptocurrency landscape is currently embroiled in a battle, transcending mere price fluctuations. The battle is about ideology, fundamental principles, and the distinction between genuinely constructing Web3 and superficially affixing a Web3 label on essentially Web2 commercial structures....

Web3 MemeMedia Industry Struggles Amidst Rise of Web2 Memes' Dominance
Web3 MemeMedia Industry Struggles Amidst Rise of Web2 Memes' Dominance

In the rapidly evolving world of cryptocurrency, a new project named $Buji is making waves by embracing the principles of Web3. This innovative venture is set to redefine how meme assets interact with Decentralised Finance (DeFi).

At the heart of $Buji's design is a commitment to borderless, private, immutable, and trustless transactions, the four core principles that set Web3 apart from its predecessor, Web2. This commitment is reflected in the project's architecture, where smart contracts regulate the supply, ensuring decentralization in action.

$Buji is not just paying lip service to Web3; it is built by its principles. For instance, the supply is governed by immutable protocols, not controlled by insiders. The team allocation is vested over 33 months, with no access for the first 30 days. This transparency and commitment to fair distribution are hallmarks of Web3 projects.

Moreover, $Buji is offering an incentive for its holders. Each day, 100,000 tokens are given away to those who hold at least one Solana worth of Buji and have downloaded the Rugged MemeBook. This daily giveaway underscores the project's commitment to community engagement and rewards those who actively participate.

The Rugged MemeBook, an essential guide to navigating the Web3 economy, is available in ten languages, catering to a global audience. The guide, a cornerstone of $Buji's educational initiative, is crucial for survival in the Web3 economy.

The future of the meme industry lies in shifting towards Web3 projects like $Buji, which have the potential for high market caps. The disruption in Web3, defined as cutting the core value chain that is vital to the existence of a product, company, or industry, has the potential to be a $200 trillion revolution in how money moves.

The war in crypto is not just about price action; it's primarily about ideology and first principles. In many Web2 tokenomics, the team, KOLs, or a handful of insiders control massive portions of the supply, creating power structures that blockchain was designed to eliminate. $Buji, however, is different.

The group behind the Buji project is 706 Berlin, an initiative focused on cultural, educational, and social engagement for Chinese immigrants in Berlin. The leadership includes Han Sicong, a Chinese and chemistry teacher, and Tang Zheng, a Chinese teacher and advisor for Chinese language education at the Berlin Education Ministry. While the group is not explicitly named in the source, its connection to 706 Berlin is clear.

In summary, $Buji is a project that embodies the spirit of Web3. It offers rewards to its holders, provides essential knowledge through the Rugged MemeBook, and is built by the principles of Web3, not just marketing them. As the future of the meme industry shifts towards Web3, $Buji is poised to lead the way.

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