MEMETOON

SlowMist certified the BNB contract on 24 August 2023. XT nevertheless opened MEMETOON trading a month later against the Polygon address. In October, LBank took a snapshot and XT announced that, at the project’s request, one old token would be exchanged for one token at the BNB address.

This was a balance operation performed by exchanges. Neither contract contains the bridge, and no reviewed source publishes an old-token burn or a claim route for wallets outside participating custodians. Both contracts still return 100 billion nominal units, so their figures describe two legs of one replacement rather than 200 billion units to aggregate.

The September paper started from Polygon and a domestic app planned for November. It proposed that readers exchange onchain MEME for internal MT points, then spend those points on comics, sponsorships and other app activity. Fixed-period staking, several NFT categories, data services and AI belonged to later stages.

MT therefore cannot be treated as another ticker for MEME. It was a proposed service ledger whose exchange rate, custody and settlement needed an operator beyond the base token. The reviewed sources do not show a live conversion record, an author-payment trail or a contract that ties those entries to BNB MEME.

The paper split 100 billion units among nine buckets and described monthly releases lasting 36 or 48 months. It also assigned reward rates to different staking periods. Those details made the future economy look measurable.

The deployed token cannot identify a foundation, team or staking bucket and has no vesting clock. All units were minted in the constructor, while no public wallet map shows where each paper allocation went. Gate’s 2,667,853-token distribution in February 2024 proves that one exchange event occurred; it cannot verify the remaining release schedule.

The BNB contract transfers balances and records allowances. It has no callable mint, freeze, blacklist, tax, staking, NFT, royalty or revenue-sharing function. SlowMist’s certificate supports this limited contract reading, but it says nothing about the comic catalogue, customer data or payments to creators.

An owner address still appears onchain, yet the project added no owner-only economic command to the token. That narrows direct administrator risk inside MEME. It does not reveal who controls the original balances, exchange accounts, an app database or any separate service promised by the paper.

Google Play lists Memetoon under MimMim Entertainment Co., Ltd., with 1K+ downloads and an update dated 4 March 2025. The page describes curated comedy, fantasy, drama and horror webtoons, memes and reader comments. It is evidence that an app existed after the token migration.

The same listing does not mention MEME payments, MT balances, staking, NFTs, AI or a blockchain copyright register. Naming MimMim as developer also does not establish that it issued the token, controls the owner keys or holds licenses for every work. The archived target of 200,000 downloads by the end of 2024 is not supported by the visible store count.

The paper said changes to rewards, burns and buybacks could be announced through the app, website or blog. Because those policies were not enforced by the token, a maintained notice channel was part of how users could understand them.

On 5 September 2026, the bare and www HTTPS entrances for memetoon.io redirected to sobatboss.forum, an unrelated destination. The former PDF path returned 404. Google Play remained accessible and still pointed support visitors to memetoon.io. The archived PDF records old promises, but no functioning project site now reconciles them with the app.

The paper itself says MEME is not backed by an asset or price and grants no ownership or rights in MEMETOON. The reviewed app page gives token holders no copyright in a webtoon, claim on MimMim Entertainment or share of app receipts. It also does not identify creators or the license for each title.

The verifiable pieces are specific: two contracts joined by exchange notices, a fixed BNB token, an archived platform design and a later comic app. What is missing is the operating bridge among them—who converted MEME to MT, how authors were paid and which entity remained accountable after the project website stopped answering.