Memefi: Daily Combo, Rewards, Listing Date & Token Price Guide
MemeFi is the current hot trend in the cryptocurrency community, as all eyes are on its highly anticipated token launch on November 12th. This exciting initiative, fresh off its transition to the Sui network, is capturing the attention of both gamers and crypto fans with its unique combination of meme culture and blockchain technology.
If you are curious what this tap-to-earn game is and how it works, make sure to refer to this article. It covers everything you need to know about MemeFi before its upcoming airdrop, from what makes the project unique to how the MEMEFI token’s price is performing.
What Is MemeFi?
MemeFi is a Web3 social game that combines the viral power of memes with the innovative technology of Web3. The game takes the simple tap-to-earn mechanic to new heights by immersing you in a meme-filled universe while earning cryptocurrency rewards.
Since its launch on May 17th, 2023, the game has garnered over 50 million users globally. This remarkable achievement can be attributed to the following key features that enhance the gaming experience and drive engagement:
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Social focus: MemeFi emphasizes community and interaction, encouraging players to collaborate and strategize together.
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Meme-based gameplay: The games revolve around meme culture, featuring meme clans, boss battles, and other meme-themed challenges. MemeFi players can acquire characters in the form of shareable tokens, which are implemented using ERC-404 technology.
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"Tap-to-Earn" mechanics: This Telegram-based game offers a more casual "tap-to-earn" experience. Players tap to defeat enemies and earn in-game tokens, with the difficulty increasing as they progress.
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Dynamic key system: MemeFi Club, a browser-based game where players participate in all the exciting actions, introduces a unique key system that represents social capital within the game. Players can trade keys, adding another layer of strategy and earning potential.
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Multi-token economy: MemeFi utilizes multiple tokens (MEMEFI, PWR, and TOYBOX) to power its in-game economy, each with distinct roles and utilities. More on that later!
From Linea To Sui: What This MemeFi’s Transition Means?
In a strategic move, MemeFi has switched from Ethereum Layer-2 Linea to the Sui network. This shift provides major benefits to both MemeFi and its users. Sui's advanced technology unlocks faster transaction speeds and lower costs, which are vital for a smooth gaming experience.
This transition also represents a powerful partnership between MemeFi and Mysten Labs, the creators of Sui. This collaboration not only improves MemeFi's technological capabilities, but it also provides opportunities for combined marketing initiatives and more visibility within the Sui ecosystem.
How Does MemeFi Work?
MemeFi operates on an intriguing blend of shared ownership, community involvement, and blockchain technology. The game aims to be both enjoyable and rewarding, with a heavy focus on social interaction. Here's a breakdown of its core mechanics:
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Shared ownership and keys: Each character in MemeFi has a corresponding "key" that represents ownership. Players can purchase these keys, effectively investing in a specific character. When that character wins battles or earns rewards, the key holders receive a share of the profits.
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Community-driven gameplay: MemeFi players can join meme clans, participate in boss fights, and complete challenges together. This collaborative environment makes the game more enjoyable and boosts earning potential.
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Blockchain integration: All in-game transactions, including token and key trading, are recorded on the blockchain, providing a verifiable and immutable record. The MEMEFI token, the native currency of the MemeFi ecosystem, facilitates these transactions, governance voting, and other essential functions.
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Engaging game mechanics: This blockchain game employs numerous game mechanics to keep players entertained and motivated, such as a simple "tap-to-earn" mechanic where players tap to defeat enemies and earn rewards, together with many boosters, upgrades, and daily combos.
What Makes MemeFi A Unique Tap-To-Earn Game?
MemeFi stands out from other tap-to-earn games due to its intriguing combat-oriented action. Instead of simply tapping to accumulate coins like Hamster Kombat or Dotcoin, MemeFi places users in a battle setting where they must tap to defeat enemies and progress. This gamified method adds an element of excitement and difficulty that sets it apart from more simplistic tap-to-earn models.
Another distinctive feature is its initial foundation on Linea, an Ethereum layer-two solution. This differs from many other Telegram-based games that are normally connected with the TON blockchain. MemeFi's choice of Linea demonstrates its commitment to using the Ethereum ecosystem's security and scalability, perhaps leading to increased interoperability and broader acceptance in the Web3 arena.
Detailed Guide On How To Play MemeFi
Ready to dive into the world of MemeFi and start earning rewards? The following part introduces a step-by-step guide to help get you started:
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Step 1 - Starting the game: Open Telegram and search for "@memefi_coin_bot". Click on the bot to start interacting with it. Then, look for the "Play and Earn" button within the bot and click it to launch the game.
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Step 2 - Entering the battle: As soon as you create your character, you'll be thrust into your first battle immediately! Tap the screen to attack the enemy and reduce its health. Each tap earns you coins. Once you defeat an enemy, you'll move on to the next, facing increasingly challenging foes as you advance.
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Step 3 - Exploring the "Earn" menu: At the bottom of the screen, you'll find an "Earn" button. Click this to discover various tasks and bounties that offer bonus rewards.
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Step 4 - Boost your earnings: Utilize boosters to increase your tapping power or recharge your energy. You can also invite friends to join the game for additional rewards.
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Step 5 - Upgrading your character: As you earn coins, invest them in upgrading your character's abilities. This will increase your damage output (possibly up to 10x), energy capacity, and overall earning efficiency by unlocking a “tap bot”.
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Step 6 - Joining a clan: Consider joining a meme clan to collaborate with other players, participate in boss fights, and earn even more rewards.
Explaining MemeFi’s Multi-Token Ecosystem
Remember the multi-token feature mentioned above? Let’s dig deeper into what this concept is. As the name suggests, MemeFi's in-game economy and governance run on a multi-token system, with three major tokens: PWR, TOYBOX, and MEMEFI.
PWR is the core gameplay token. It represents a character's strength and determines their privileges and resources within the game.
On the other hand, TOYBOX is an ERC-404 standard token with an emphasis on character enhancement and unique in-game features. The total supply of TOYBOX tokens is restricted to 8,888, and full utilization plans will be implemented during the mainnet alpha and beta phases.
Finally, MEMEFI serves as both the main utility token and the governance token. This means you can use it for in-game transactions like buying items and paying commissions. Its holders also possess the ability to vote on the game's development and future. The below table summarizes MEMEFI tokenomics:
Stakeholders
Allocation Percentage
Remarks
Community |
90.0% |
Allocated for play-to-earn incentives and airdrops. |
Liquidity & Listings |
5.5% |
Kept for liquidity pools and exchange listings. |
Strategic Partners & Early Adopters |
3.5% |
Dedicated to partnerships and initial backers. |
Seed Investors |
1.0% |
Devoted for early project supporters, with a vesting schedule. |
MemeFi Airdrop: Everything You Need To Know
MemeFi is rewarding its early supporters with a significant airdrop of MEMEFI tokens. The upcoming airdrop provides a wonderful chance to acquire tokens and join the MemeFi community before the official token launch. Here's what you should know.
Airdrop Eligibility
To be eligible for the MemeFi airdrop, you need to actively participate in the MemeFi ecosystem. This includes:
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Creating a MemeFi wallet: Set up a compatible wallet on the Sui network to receive your airdropped tokens.
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Engaging in game activities: Play MemeFi Coin, participate in boss fights, and complete daily combos to earn in-game coins. The more you play, the higher your potential airdrop allocation.
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Joining the community: Be an active member of the MemeFi Telegram community. Participate in discussions, contests, and other community events.
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Maximizing in-game earnings: Focus on accumulating in-game coins, as this will significantly influence your airdrop allocation.
Other Important Points
In addition to the above eligibility, make sure you are aware of some important dates, such as November 6th, when MemeFi took a snapshot of eligible users, recording their activity and token holdings to determine airdrop allocations. Another key date is November 12th, where the MemeFi airdrop and listing event is scheduled.
MemeFi designs the airdrop allocation model to be "complex, weighted, and nonlinear," ensuring that active and engaged users are rewarded accordingly. Last but not least, stay updated with official announcements from MemeFi on their Telegram channel and other social media platforms for the latest information.
Use the Bitget Wallet to remain ahead of the curve and prepare for the MEMEFI token launch. This adaptable multi-chain wallet allows you to quickly follow the MEMEFI token price (which currently trades at $0.000342 on memefi.cash), analyze market trends, and convert MEMEFI to USD in real time.
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