MemeX launches ‘Proof of Sh*t’ to gate $700k rewards in anti-AI stunt
Memecoin-focused blockchain MemeCore launched a rewards program with a special focus on screening out bots.
Memecoin season is in full swing, and platforms are looking to capitalize. On Friday, June 27, MemeX, a memecoin launchpad on the MemeCore blockchain, launched a viral campaign to reward its users, but also to highlight the problems with AI in blockchain.
In particular, MemeX will distribute $700,000 in rewards to its users, with close attention to screening out bots. For this reason, they rolled out a tongue-in-cheek verification system called Proof of Sh*t. The idea behind it is simple: bots can’t fake bodily functions.
The self-admittedly absurd stunt has users log their bodily functions daily, with proof sent to MemeX. While the system is clearly designed to attract attention, MemeX stresses that it remains a verification method that AI still can’t fake.
For users who pass verification, rewards will be distributed proportionally to the amount of engagement they generate during the campaign. The top 30 users will receive $10,000 each, while those ranked from 51–100 will get $2,000. A total of 400 users will receive ranked rewards, distributed in MemeCore tokens, when the campaign ends on July 24.
Bots remain a consistent issue with airdrops
Token airdrops are among the most popular ways to boost engagement in crypto. However, they also suffer from a persistent bot problem. Crypto bots can create thousands of wallets, simulate real engagement, and siphon off rewards meant for actual users.
The practice, called airdrop farming, is something crypto projects are actively trying to stamp out. However, short of KYC procedures or biometrics, it remains particularly difficult to distinguish between real users and bots in crypto. What’s more, some projects go too far in the opposite direction and end up denying airdrop rewards to legitimate participants.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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