In a crypto landscape where meme coins often live and die by hype, Blobless ($BLS) has defied expectations transforming from an abandoned project into a movement with real-world impact. Led by Chairman Ryan Merket, a former Reddit executive, and CEO Mutahir Showkat, a Kashmir-based entrepreneur and author, Blobless is proving that meme coins can be more than just speculative assets.
Blobless was never meant to be a major project. Ryan Merket, an entrepreneur with multiple business exits, had been closely watching the memecoin space. He saw the same pattern repeat itself projects driven by hype, attracting investors, only to collapse, leaving many disappointed and even struggling with mental health issues.
Looking for something different, Merket decided to buy his first and only meme coin— Blobless ($BLS). But almost immediately, the project was abandoned. Instead of walking away, he saw an opportunity.
With experience that includes working at Facebook, leading Ads Products at Reddit, supporting startups at AWS, and mentoring founders at Microsoft, Merket wasn’t new to high-stakes challenges. So, rather than letting Blobless fade into obscurity, he took control of the project.
Declaring, “This is my coin now,” he bought a large share of the token’s supply and set out to rebuild Blobless as a community-driven initiative.
To bring his vision to life, Merket needed a partner with deep expertise in crypto and meme culture—someone who understood how to build lasting Web3 communities. That’s when he teamed up with Mutahir Showkat a Kashmir-based author, investor, and blockchain expert.
Mutahir had invested in some of the biggest meme projects in history, making him the perfect co-founder to help turn Blobless into a meaningful movement rather than just another speculative token.
“To be Blobless means rejecting the idea of being a ‘blob’—someone who sits at home staring at a screen, doing nothing,” says Ryan Merket. “This project is about getting people outside, engaging with their communities, and making a real difference. Whether it’s picking up trash, volunteering, or creating art, we believe crypto should reward impact, not just speculation.”
Blobless is no longer just a meme coin; it’s an ecosystem that incentivizes positive action.
“Most meme coins focus on hype and short-term gains,” adds CEO Mutahir Showkat. “We’re building something that lasts—a global movement where blockchain rewards people for making the world better. Blobless is where meme culture meets real-world impact.”
Blobless has already gained support from top industry professionals, including former employees of Microsoft, Google, and Reddit—many of whom see its potential to redefine how Web3 can drive positive change.
With ambitious plans to develop physical community hubs, a blockchain-powered artist marketplace, and a token-based rewards system, Blobless is proving that a meme coin can be more than just internet hype—it can be a force for good.
Discussion about this post