Memo Labs
5 min readAug 16, 2024

MEMO Points Program to Open Soon, DePIN + AI Data Cloud

I. MEMO Points Program Will Be Opened Soon

MEMO is about to start the points program on the whole network, users can get points through node deployment, community tasks and other activities, and get corresponding rewards in the later airdrops, the start of the points program marks the decentralized storage field has stepped into a new stage of development.MEMO based on the solid blockchain technology, has successfully constructed a safe, efficient and open data storage environment, which provides users with a brand-new way of data management and utilization.

The points program is not only a sign of MEMO’s compliance with DePIN standards and gradual maturity, but also an important turning point in the development of MEMO’s entire ecosystem.MEMO will leverage its comprehensive strengths in cutting-edge technologies such as DePIN infrastructure, middleware, and the Data Availability (DA) protocol, to provide strong underlying service support for a variety of fields such as Layer2, AI, and gaming, thereby promoting the entire innovation and development of the blockchain industry.

With the basic completion of core technology research and development, MEMO’s future will be more focused on the expansion of upper-layer applications and the deepening of infrastructure layout.MEMO is gradually realizing the combination of DePIN+AI data cloud, and with the help of DePIN’s advanced technology and rich resources, it will provide strong support and power for the large-scale development of AI.

II.MEMO’s Development History

MEMO’s journey began in 2017 with a project by a team of blockchain experts from around the world. After two years of intensive research and development, MEMO released the first phase of its test network in 2019, with small internal tests and optimization of the storage system. During this period, the team developed and designed the data repair solution RAFI, which significantly improved the stability of the system and the reliability of the data, laying a solid foundation for subsequent development.

In 2021, MEMO celebrated an important milestone — the launch of its core storage protocol, MEFS, which not only improved storage efficiency, but more importantly, established personal data ownership, truly realizing that user data belongs to individuals. In the same year, MEMO received investments from Hashkey, SNZ, DHVC and other organizations, which marked that its project concept and potential were widely recognized by the industry.

In 2022, MEMO officially released the Megrez network, and the application layer saw rapid growth. Drive3, a decentralized network drive developed by community members, and LensDrive, a co-development project with Lens Eco, were successfully launched, providing users with convenient data storage and access services. Meanwhile, MEMO’s cooperation with Metis and other projects has enabled MEMO to make remarkable achievements in cross-chain transmission and Layer2 solutions. And MEMO’s decentralized storage service for archived data of the chain for Metis has helped it become the L2 project with the lowest cost and unlimited potential.

With the official release of Megrez Network, MEMO gradually began to lay out DePIN for all-round ecological proliferation. Today, MEMO’s storage nodes have increased to nearly 8,000, mainly covering Southeast Asia, Japan and Korea, as well as Europe and the United States markets, with more than 100,000 registered user addresses. During this period, third-party platforms built based on MEMO have been launched one after another, represented by Mark, a decentralized CDN network, and Grid, an arithmetic platform, which have improved the CDN model and also made significant contributions to the linking of global computing resources and the development of arithmetic.

With the wave of AI sweeping across the world, MEMO’s network architecture determines that it has an absolute advantage in the data and arithmetic segments.MEMO has significantly improved the intelligence of its system by introducing AI systems to assist in managing ordinal collections, file indexing, etc. MEMO’s network architecture has also improved the intelligence of its system by introducing AI systems to assist in managing ordinal collections and file indexing. At the same time, MEMO began to build an AI cloud data center to provide data services for the training of large AI models. Among them, Grid, the largest arithmetic platform in MEMO’s ecosystem, provides powerful arithmetic support for AI operation, and has entered into cooperation with a number of projects, helping to promote the development and application of AI technology.

After seven years of innovation and growth, MEMO has evolved from a nascent Web3 infrastructure project to today’s decentralized storage pioneer in the DePIN space. In this process, MEMO has always insisted on being user-centric and technology-driven, constantly expanding the boundaries of the decentralized storage field.

With the continuous progress of AI technology, MEMO will play an even more important role in empowering DePIN and promoting AI development, contributing to the construction of a smarter, more efficient and open data storage ecosystem.

III. Rules of Points Activity

The points activity will be synchronized from node deployment, pledge, users, community and other aspects, the following are the rules of the points activity:

Note: The points program will be online in the near future, please pay attention to the MEMO official Twitter notification for the specific online time.

1. Tap to receive rewards

Collect tokens and get points through the taps of MEMO official website.

2.Node Deployment Reward (User+Provider)

User node deployment

Users participate in the deployment of User nodes and get points for successful registration

Daily uploading of files can receive cumulative reward points

Participate in the official questionnaire program to get a one-time bonus points

Provider node deployment

Deploying nodes and providing space will earn you one-time bonus points.

Receive cumulative bonus points based on online and provided space.

Participate in the official questionnaire program to receive a one-time bonus

3.Referral and Other Community Tasks Rewards

Recommendation Reward: Users share exclusive invitation link, new users use the invitation link to enter the official points activity page, you can get the recommendation points reward.

Community tasks: MEMO will synchronize the opening of community activities, through the completion of community tasks can also get points, specific interactions can be concerned about the official Twitter or join the community to receive activity notification.

Twitter: @MemoLabsOrg

Telegram: https://t.me/MemoLabsio

The above is the general content of the points program, please pay attention to the official announcement for the specific opening time and activity participation guide, in addition, MEMO will soon open the points program before the launch of the warm-up activities, all participants will have the opportunity to get NFT rewards, the activities will be released on the official Twitter, welcome to participate.

Memo Labs
Memo Labs

Written by Memo Labs

MEMO is a new-gen blockchain decentralized cloud storage protocol. Our mission is to build a reliable storage infrastructure for the Web3 era. www.memolabs.org

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