Launched earlier this week, Meme Depot is a startup that aims to create a new category of content called “meme tech.” More specifically, founder Alex Taub says Meme Depot's goal is to create a comprehensive archive of every meme in existence.
Taub said Meme Depot is different from Cheeseburger and Know Your Meme, which he calls media companies. Know Your Meme is the place you go if you want an explanation for a meme, for example. Meme Depot is more about organizing and discovering memes. For example, you can go to a page where you can see all of Kim Kardashian's memes.
Amanda Silberling wrote a fun article about the launch, noting that while it's apparently common for people to keep reaction GIFs stored on their desktop computer or phone (I've never done this, so that just proves how lame I am), Meme Depot is looking to create the biggest and best version of that folder.
As for monetization, you can buy passes to meme parties (basically chat rooms) with cryptocurrency and make money on those passes if you are an early member of a popular meme party. That said, you can also use Meme Depot without the cryptocurrency side of things.
Hit the play button to find out more, and let us know what you think in the comments.