MEMO data ecosystem goes live, points program launched!

Memo Labs
4 min readDec 31, 2024

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MEMO has recently officially launched its data ecosystem, and also brought new ways of participation and point incentives for community users.

The full launch of the MEMO data ecosystem means that all community users can now earn points by participating in various activities and tasks in the system. In addition, the system also provides a convenient way for early users to manage their points. Points acquired earlier through activities such as the Joint Airdrop Lucky Draw, Galxe Platform OAT, Limited NFT, etc. will also be summarized and displayed on the system, and users will be able to check the number of points by binding the wallet address of the activities they participated in earlier.

MEMO Data Management System: data.memolabs.org

I. Introduction to the MEMO data ecosystem

MEMO Data Ecosystem is the core management platform of MEMO AI data, aiming to provide users with a comprehensive data storage, calculation and sharing system, and at the same time adopting the point incentive mechanism to bring users a “visible” revenue model. The MEMO points obtained by users through participation in tasks and activities on the platform will become an important reference for future MEMO token airdrops.

The launch of MEMO Data Ecosystem is not only an incentive for user participation, but also a further improvement of the MEMO ecosystem. Through the data ecosystem, we hope to incentivize more users to participate in the exploration of decentralized storage and AI services, and promote the sustainable development of the entire ecosystem.

Tasks and activities will be updated from time to time in the system to ensure that users are always able to enjoy new opportunities and rewards for participation.

II. What are the tasks in the data ecosystem for which points can be earned?

Points tasks include:

DID Casting: Users can get one-time bonus points by casting DID (Decentralized Identity) for free, which is not only the passport of MEMO ecosystem, but also the core of the domain name system. Completion of DID casting is the prerequisite for subsequent tasks, and it will serve as the user’s identity in the MEMO ecosystem.

Binding Accounts: Users can earn one-time point rewards through a series of tasks such as binding wallets, social media accounts, and joining communities. These tasks are designed to enhance user engagement and lay a solid foundation for the expansion of the MEMO ecosystem.

Daily Check-In: Participate in the daily check-in activity through the platform and get rewarded with points once a day. The number of points earned from checking in depends on the completion of one-time tasks, a mechanism that encourages users to stay active on a daily basis.

Partner Tasks: The MEMO data ecosystem also has a section dedicated to partner tasks, and a large number of points can be earned by completing each partner’s exclusive tasks. This not only provides users with additional opportunities to earn points, but also strengthens the synergy between MEMO and its partners.

Invitation Program: Each user can generate an exclusive invitation link, new users joining the system through the invitation link will be rewarded with one-time points, and the inviting party will be rewarded with one-time points as well as 20% of the invited party’s subsequent points. This program is designed to expand MEMO’s influence through word-of-mouth communication.

Other ways: In addition, we also encourage users to continuously gain points by deploying nodes. After deploying MEMO nodes, users can not only support the decentralization and stability of the network, but also get rewarded with points according to the performance and contribution of the nodes.

For node deployment see: https://memolabs.gitbook.io/memo

III. About MEMO

MEMO is a user-centered modular blockchain network that focuses on the research and development of the data layer, providing users with a secure, efficient and open data environment. Based on DePIN technology, MEMO ecology covers all aspects of cloud storage, Layer2 solutions, data availability (DA), middleware, etc. Meanwhile, MEMO also provides data support and computing services for the development of AI, providing diverse and high-quality data resources to meet the needs of AI training and analysis, and globally decentralized computing resources to provide arithmetic support for AI.

MEMO’s technical architecture is modularized to flexibly adapt to different application scenarios while reducing costs and enhancing network scalability.MEMO’s vision is to provide a secure, efficient, and open environment for data storage and AI services to users around the world through its modular data layer.

The launch of MEMO’s data ecosystem and airdrop campaign is a way to give back to community members for their long-term support and to warmly welcome new users. Through the data ecosystem, MEMO will enhance the vitality of the community and promote the sustainable development of the ecology. With the continuous progress of technology and deeper application, MEMO is expected to play an even more important role in empowering DePIN and promoting the development of AI, contributing to the construction of a smarter, more efficient and open data storage ecosystem.

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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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