Telegram tap-to-earn sport MemeFi is making ready for its token launch, after the preventing sport attracted tens of millions of gamers vying for a bit of its future airdrop.
On Friday, November 22 at 8am ET (1pm UTC), the MEMEFI token is ready to launch on the Sui community. This comes after the venture hopped to the community from Ethereum layer-2 Linea final month. The promised airdrop declare will happen as soon as the token is generated.
Airdrop token allocations have been revealed final Saturday, with 2.5 million suspected cheaters’ accounts receiving the ban hammer within the course of. On Tuesday, allocations have been adjusted after some accounts have been incorrectly assigned too many tokens, with others benefiting because of this. Now with all of that cleared up, it seems, everybody is ready for the large day.
However how are you going to declare your tokens, what’s the token for, and what’s subsequent for the venture? Don’t fear we’ve performed all of the legwork for you. Right here’s what it’s good to know concerning the MemeFi airdrop.
How can I declare the airdrop?
For individuals who can’t be bothered to take care of all of the messy blockchain stuff, the one centralized trade accessible to say your airdrop is OKX. Most different Telegram video games have provided a spread of exchanges to ship claims to, however MemeFi has a particular team-up with OKX.
In contrast to the overwhelming majority of Telegram video games, MemeFi will launch its token on Sui slightly than The Open Community (TON). It seems that a part of the deal was to completely launch the airdrop on a single centralized trade, OKX. Nevertheless, different exchanges comparable to Binance, Bybit, and KuCoin shall be launching the token—they simply gained’t deal with the airdrop.
For these trying to declare on-chain with a self-custody pockets slightly than utilizing an trade, customers can begin submitting their claims an hour earlier than the token era occasion (TGE). MemeFi says it’s going to cowl fuel charges, however on condition that customers’ airdrops point out a declare charge being deducted from allocations, it seems that you’ll truly be paying your personal prices by a unique methodology.
MemeFi has posted a whole information to claiming right here, together with how one can use the OKX Pockets app on Telegram to say tokens if you happen to can’t use OKX’s centralized trade in your area—or just desire to not.
What can I do with the token?
Like another customary, fungible crypto token, you should purchase and promote MEMEFI as soon as it has launched. However for a way a lot has nonetheless but to be decided.
Nevertheless, merchants are speculating on the worth of the soon-to-launch token. On KuCoin’s pre-market platform, customers predict that the token shall be value $0.012 on common at launch. As for Gate.io’s pre-market, merchants see its value being nearer to $0.016. That stated, pre-market buying and selling is extraordinarily speculative and infrequently unsuitable, so take these numbers with a pinch of salt.
Promoting apart, in accordance with the MemeFi whitepaper, the token may also be used as a governance token and can energy in-game purchases. How precisely this may manifest has nonetheless but to be introduced.
What’s subsequent for MemeFi?
As the sport’s ultimate snapshot was already taken on November 15, in-game development over the previous couple of days gained’t depend in direction of the upcoming airdrop.
However gamers are nonetheless incomes “MemeFi Stars,” which the sport calls a “worthwhile asset” that’s set to turn into the “spine” of the sport’s economic system. There is no such thing as a point out of this asset within the venture’s white paper, so that is all the knowledge we now have on Stars for now.
“That is NOT Season 2,” MemeFi stated, in reference to incomes Stars. “[It’s] one thing way more enjoyable!”
Whereas the aim of Stars stays to be seen, it seems that the sport is planning a second season of its sport. That is in keeping with different tap-to-earn video games like Hamster Kombat, which can overhaul its gameplay for the upcoming second season.
Sadly, MemeFi’s roadmap doesn’t reveal way more, because it solely runs as much as This autumn 2024. Nevertheless, it does say that the venture was “constructed to develop in thrilling new instructions.” This might imply it has extra deliberate than only a second season utilizing the identical mechanics as earlier than.
Edited by Andrew Hayward
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