FAQ

What is the Central Dank?

The Central Dank is a organisation that develops and runs a meme trading platform built on the Ethereum network. The Central Dank is also responsible for the currency used on the Dank Meme Exchange called Dankness. In the future you will also be able to index your memes on the Central Dank's servers so that the images/videos each meme is indexed  with on Ethereum can be backed up.

What is Ethereum?

Ethereum is a decentralised network that runs smart contracts (programs) and stores the value in a blockchain. Documentation about Ethereum is here.

What is the Dank Meme Exchange?

The Dank Meme Exchange is a contract/program on the Ethereum network that can be used to facilitate the trade of memes.

Why use the Central Dank?

Because the Central Dank runs on Ethereum once the code is running on it's network it can't be changed and all of its processes are secured by Ethereum. This means that the trade of memes can be secured and quantified without having to run a complex servers. This gives people a very secure platform to index and trade memes without having to worry about the insecurities you'd find on the black market of memes.

The Central Dank's source code is also on Github so it can be audited by others to make sure it is secure and handling your memes in the proper way.

How do I start?

Start by reading the getting started page.

How do i invest?

Currently the Central Dank is in Beta. This means that it is running on a testnet for the moment, once it gets released you will be able to buy Ether (the base currency of Ethereum), trade it for Dankness and then use that to trade on the Dank Meme Exchange. You will also be able to index memes for a fee (in place to stop abuse of this function) and then trade your shares in them.

How do I help?

If you would like to help you can contact us on our contact page using the help form.