> For the complete documentation index, see [llms.txt](https://memeboxtoken.gitbook.io/mbox-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://memeboxtoken.gitbook.io/mbox-white-paper/executive-summary/vision-statement-and-the-problem-it-aims-to-address-in-the-current-market.md).

# Vision statement and the problem it aims to address in the current market

<figure><img src="/files/S9A2Ao17qF4iMKwcIfAC" alt=""><figcaption></figcaption></figure>

The current cryptocurrency market, while expansive, often overlooks the potential of internet culture, particularly memes, which possess a remarkable ability to engage and unite users. Most existing meme coins lack a clear utility, struggle with market perception as mere novelties, and are not backed by sustainable models, leading to short-lived hype and eventual stagnation.