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For two decades, the internet paid you zero for your data.
Today, you get paid.
Memory Protocol is now sharing payments weekly with users when their data is queried. This week, 7,372 wallets are eligible for a total of 15,517 $MEM.
It starts with small micropayments, but it’s working: a new onchain model where people control their data and get recurring payments when it’s used.
When apps, websites or AI agents access the Memory Protocol API, they pay a fee in $MEM — just like purchasing any API credits.
Examples of apps that queried the Memory API this week include our Memory Vault app, Memory AI Chat and mini-apps like Followcast.
Their payments are processed by Memory’s onchain fee-router and payments are split between the corresponding user and the Memory treasury. Every Thursday, those rewards are distributed to the user's Memory Vault. For more information, read our full blog on how payments work on Memory Protocol.
A total of 7,372 wallets earned $MEM this week. Owners of these wallets can visit their Memory Vault, connect their wallet and claim their earnings.
Navigate to “Rewards” and if you’re eligible you’ll see an option to claim your data rewards.
These earnings are small weekly micropayments for your data — revenue shared with users from our earliest test apps. It’s proof that the model and the protocol works.
Our next mission is to scale Memory API adoption to consumer apps across Base and beyond, thereby increasing the weekly rewards each user receives.
Eventually, this can scale to the whole internet.
Memory API is built for better user data, magic onboarding experiences and hyper-personalization. Even better, you’ll be rewarding your own users with weekly recurring payments for querying their data.
If you’re an app builder that wants to access Memory, get in touch. We have token allocation for early adopters and we’ll walk you through the set up. (Access docs here and reach out for an API credit token allocation if you're a builder)
For two decades the internet paid you zero for your data. Today, you get paid. We just split payments with 7,372 users for their data. It starts with small, weekly micropayments, but it works. A new onchain model where you earn for the data you create. https://paragraph.com/@mem/memory-we-just-paid-7372-users-for-their-data?referrer=0x32ec773ed7B5a54D1f0ac77944caF76ED30E6b86