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Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.

Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform. Read our risk summary for qualifying crypto assets.

MEW Describes Itself As

A cat in a dog’s world, MEW is the Solana-based memecoin out to save the world from other dog coins!

MEW has a total supply of 88,888,888,888 with 90% of supply permanently locked through the burn of LP tokens, and 10% airdropped to the Solana community. 

About the Founders

cat in a dogs world was launched by a pseudonymous team. 

Risks of TOKEN

Like an investment in other crypto assets, there are some general risks to investing in MEW. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in MEW is subject to the following specific risks:

  • As a ‘memecoin’, cat in a dogs world is a community project, led by a pseudonymous team. 
  • Any potential success associated with MEW is reliant on the growth of its decentralized community, and their continued trading and enthusiasm for the asset. These factors are difficult to predict, and could result in very high volatility.
  • We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with MEW. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

    The MEW community and cat in a dogs world founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of MEW have no recourse to the MEW community, cat in a dogs world founding team, or Uphold if MEW declines in value for any reason.

    Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

    Uphold’s Evaluation Process

    Prior to listing MEW on the Uphold Platform, Uphold performed due diligence on MEW and determined that MEW is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of MEW, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of MEW.
  • Any marketing materials put forward by the MEW social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with MEW, including any code defects, security breaches and other threats concerning MEW and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with MEW, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of MEW. 
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