The TON Foundation has launched MemeRepublic to replace the cultural center Memelandia.

PANews, November 1st news, the TON Foundation announced the launch of MemeRepublic to replace the cultural center Memelandia, which was launched last year with Meme coin and community Token. The TON Foundation stated that Memelandia gradually lost community engagement due to issues such as system abuse, unclear bonus distribution, and infrastructure failures. The newly launched MemeRepublic will address the aforementioned issues while providing a fund of 1 million dollars, offering 50,000 dollars in direct purchasing power and 50,000 dollars in Liquidity for the best-performing Tokens each week over a period of 10 weeks, with purchases executed at random times each week.