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Cryptocurrencies Should Serve The Real People, Not The Privileged Fewby@memetao
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Cryptocurrencies Should Serve The Real People, Not The Privileged Few

by MEME TAOMarch 10th, 2023
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2022 witnessed a series of crypto controversies and collapses, culminating in the disintegration and implosion of FTX and the arrest of its founder Sam Bankman-Fried. MEME TAO is a DeFi-based hedge fund that empowers proven crypto investors to manage a set of pre-targeted crypto funds.
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For those old enough to remember, Bitcoin was, among other things, a shot across the bow of the world's major financial institutions. More than that, it was a direct rebuke of the corruption, greed, and self-dealing that led to the catastrophic Great Recession around the time of Bitcoin's launch. The idea was to create a currency of the people, for the people, and by the people. And it was an idea that spawned a new multi-trillion-dollar financial industry that rivals the one it aimed to improve upon.


Cut to today, however, and all of that seems like a distant memory.


2022 witnessed a stunning series of crypto controversies and collapses, culminating in the disintegration and implosion of FTX and the arrest of its founder, Sam Bankman-Fried. Altogether, the events of the year served as proof that the cryptocurrency industry had, in many ways, become the very thing its creators despised. That the iconic face of its rot carried the name Bankman was not without irony, either.


The year's events wiped out billions of dollars of investors' hard-earned money. And now, more small investors than ever are rethinking their decision to entrust their money to the cryptoverse. It's hard to blame them. The crypto industry looks more like it's set up to benefit insiders than ever before—mostly at the expense of the little guy.


We think it's time someone did something about it. We envision a place where individual investors can use their money to earn steady returns—much like high-net-worth traditional investors do with hedge funds. A place where crypto veterans can use their knowledge and skills to help out the little guy.


That place is MEME TAO.


Ours is the first true DeFi-based hedge fund designed to make crypto investing as easy, fun, and as safe as it can and should be. It's also built around a DAO—meaning that our users have all of the control over what we do and where we go from here. Here's everything you need to know about MEME TAO and why we believe that it's an idea whose time has come.

A Hedge Fund for the People

The genesis of the idea that became MEME TAO is a simple one. It's that cryptocurrencies should serve real people, and not be the plaything of the privileged few. That's the reason the crypto industry took off in the first place and what will sustain it over the long term. However, that can only happen if real people can benefit from crypto without worrying that someone's going to gamble with their money and lose.


However, it's not at all easy for a layperson to figure out which crypto coins and projects represent real value. So, investors have only two viable options. They can either commit themselves to becoming a crypto expert, or they can find someone they can actually trust with their money. That's where MEME TAO comes in. We're a DeFi-based hedge fund that empowers proven crypto investors to manage a set of pre-targeted crypto funds, to generate perpetual profits for investors that purchase a stake in each fund.


That way, would-be investors can benefit from opportunities for profit that would previously have only benefitted insiders. And by offering four distinct investment styles for users to choose from, we make it possible for anyone to build an investment portfolio that suits their risk-tolerance and performance goals.

Elected To Lead So You Can Follow

The core of the MEME TAO platform is its DAO. It's what guarantees that the platform's users remain in charge of its direction and performance every step of the way. Through it, stakers of our native $MTAO token get to vote on exactly which investor gets to manage each of our four investment styles. This means any crypto investor that believes they have what it takes can use their trading track record as a resume and ask for the chance to lead the investment style of their choice.


The analytics dashboard will provide insight to the MEME TAO ecosystem and the performance of Daoshis


Upon winning their election, a successful candidate takes on the role of Daoshi. Then, they assume command of the assets under management within the investment style they're chosen to lead. The best part, though, is that there's no room for any Daoshi to rest on their laurels. $MTAO holders can request new elections and a chance to review any Daoshi's performance metrics at will via the DAO—replacing them if they're not meeting expectations.


Think of it as the ultimate in bottom-up investment management. It's a first-of-its-kind crypto investing approach that allows individual fund investors to select their own leaders and replace them at will. It's the ultimate democratization of memecoin investing. And all of it powers out four main investment styles.

Choose Your Asset Mix

4 different opportunity styles used by the elected Daoshis


We've carefully designed the MEME TAO investment styles to guarantee there's something for everybody. And, by imposing no limits on how users can invest, we make it possible for anyone to build a portfolio that's balanced any way they wish. If they prefer a slow-and-steady returns approach, they can have it. If they want short-term risk with massive upside, they can have that too. Or, they can mix and match timescales and risk assessments to create an asset mix that suits them best. It's all available via our four investment styles.


Our Degenerators style focuses on short-term investments with a high probability of high returns. It's the investment class for investors that like to take chances and win big. And since Degenerators are, by definition, short-term plays, the Daoshi guiding the strategy faces performance reviews based on weekly investment metrics. So, there's never any room for protracted losing streaks.


The next investment style is Blue Paws, which focuses on blue-chip crypto assets derived from long-lived and stable projects. It's the investment style that includes the widest possible mix of crypto assets. As such, it may include investments in DOGE, Shiba, Ethereum, and more at any given time. Essentially, it's a diversified mix of investments that all but guarantee steady returns since they're derived from well-known projects.


The final style is MEME Liquidity Pools. It's our staking system that offers reliable and steady returns on investment. To participate, all users need to do is purchase $MTAO on Uniswap and stake as much of it as they wish for as long as they want via our easy-to-use staking dashboard. It's the investment style that offers the lowest-risk path to solid returns. With built-in multipliers and early withdrawal fees to provide rock-solid stability, it's a set-it-and-forget-it way to benefit from the profits generated from the three other investment styles—no direct exposure required.


Staking protocol allowing Taoists to reap the rewards of the Daoshi program

The Tao Way: Bringing Order From Chaos

More than anything else, the raison d'etre of MEME TAO is to give real crypto fans and investors a trustworthy way to earn solid returns that comports with the true and original crypto spirit. By offering an orderly, transparent, and useful way for them to benefit from the best coins and projects the cryptoverse has to offer, we aim to bring just enough order to the crypto space for it to find its center—and allow real users—and not whales and self-dealers—to take their place in the center of the cryptosphere.


We earnestly hope that every like-minded crypto enthusiast will join us on the journey we've set out on. After all, we've built MEME TAO with those people in mind and given it the tools to empower those people to chart a mutually beneficial path for themselves and the industry writ large. And if everything goes the way we've envisioned it, we'd bet that you'll never find an easier and more reliable way to turn your love of crypto into a steady stream of profitable returns.