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Memebank

Memebank is an art project founded by artist Red Hong Yi. Memebank creates banknotes with meme characters and crypto-related Easter eggs to critique our current financial systems. The six banknotes that have been created by Memebank are inspired by the Chinese Yuan, US Dollar, Japanese Yen, British Pound, Singapore Dollar and Malaysian Ringgit.

Each artwork will be sold in the form of NFTs, but unlike most NFT projects, Memebank NFTs come along with physical artworks. This project was inspired by the concept of NFTs showing proof of ownership. The owner of a Memebank NFT will own a physical copper plate and 1/1 canvas print of the artwork, and they - like central banks - will have the ability to print as many banknotes as they like.

Memebank highlights the concern of the continued printing of fiat money by central banks, which economists warn may lead to inflation, and is inspired by the strength of large communities of everyday people who seek alternative investments.

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47

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28
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42

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28
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38

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47

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50
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43