The Fantom Foundation announces the list of winning projects for the first round of Meme Season

ChainCatcher news, according to official sources, the Fantom Foundation has announced the list of winners for the first round of Meme Season, with HOOPS taking first place, THC in second place, and sGOAT in third place.

The first round of the competition ran from June 1 to June 30, providing a prize pool of 1,000,000 sFTMx (over 1,120,000 FTM) for the top three Meme token projects. The judging criteria included market capitalization, gas usage, trading volume on decentralized exchanges, and eligible wallets.

80% of the prizes will be distributed to Meme token holders based on their holdings, while 20% will be allocated to the Meme token teams.