NFT REVIEW MARKET
As the November 12, 2024 airdrop gets closer MemeFi is setting up for what could be one of the most fun airdrops in Web3. This airdrop is not just a reward but an invitation for the most active and loyal members of the community to get rewarded directly for their engagement. With eligibility heavily weighted towards active participation, MemeFi is a player first approach rewarding those who put time and effort into the platform.
There are two main participant categories that will be rewarded: Telegram Users and the broader Web3 Community. Each has its own set of rules so every active user has a fair shot at the airdrop. For Telegram Users it’s all about reaching a minimum in-game coin balance, for Web3 Community it’s about testnet and mainnet involvement, holding certain NFTs and being an early adopter. These targeted rules show MemeFi’s commitment to rewarding those who contribute to the community and ecosystem.
What is MemeFi and Its Tokenomics?
MemeFi is a Web3 social gaming platform that leverages meme culture through player-versus-environment (PvE) and player-versus-player (PvP) experiences. Players enter meme themed battles, raids and other social tasks to earn rewards and get an immersive mix of gaming and social interaction.
The MEMEFI token is the backbone of MemeFi’s in-game economy with a clear tokenomics structure for long term growth and community involvement. MEMEFI has a total supply of 10 billion tokens, 90% of which will be allocated to the community and 10% for liquidity, strategic partnerships and seed investments. Notably, 85% of the allocation is towards Telegram users and 5% towards the Web3 community, showing the platform’s focus on community-driven rewards.
Airdrop Details and Eligibility Criteria
Airdrop will happen on November 12, 2024 after the token launch on Sui network. MemeFi will take a final snapshot of player activity on November 6, 2024 and the airdrop will be distributed based on the engagement criteria. This snapshot is to encourage and reward genuine ongoing participation not just a token claim.
Eligible participants are:
- Telegram Users: Must reach a minimum in-game coin balance.
- Web3 Community: Earned rewards through testnet and mainnet involvement, holding certain NFTs and being an early adopter of MemeFi.
This way dedicated and contributing members get the most out of the airdrop and we have a solid base of token holders.
Sui Network and Migration Benefits
MemeFi’s move from Ethereum’s layer-2 scaling network Linea to layer-1 Sui for this token launch brings real benefits to the community. Sui’s fast and low cost transaction model is perfect for MemeFi’s gaming ecosystem where speed and smoothness is key.
| Feature | Sui Network | Linea Network |
|---|---|---|
| Transaction Speed | High (Optimized for Speed) | Moderate |
| Transaction Cost | Low (Efficient Transactions) | Moderate (Cost-Effective) |
| Scalability | Excellent (Layer-1 Advantages) | Good |
| Security Level | Robust (Layer-1 Security) | Robust |
| Developer Support | Extensive (Strong Community) | Extensive (Well-Established) |
This also ties MemeFi with Mysten Labs, the creators of Sui, in a partnership that goes beyond technical benefits. Mysten Labs will support MemeFi’s growth through targeted marketing and other collaborations to showcase Sui network to the broader Web3 community and position MemeFi as a flagship project in the Sui ecosystem.
How to Airdrop and Get the Most
- Daily Activities: Play game events like boss fights and raids to get as many in-game coins as you can.
- Upgrade Boosters: Use in-game currency to upgrade your boosters to increase damage and energy.
- Community Engagement: Participate in Telegram, complete social tasks and be active in ongoing events.
- Preview Allocations: Use the partial data on OKX Wallet to get an idea of your allocation and plan ahead.
- Pre-Market Trading: Get ahead of the market by trading MEMEFI token on OKX’s futures before the token launch.
By doing these activities consistently, you will be set to get the most out of the MemeFi airdrop.
Conclusion
MemeFi’s November 12 token launch and airdrop is not just a distribution event, it’s a big step for the platform and the community. As we move to Sui, you will experience the benefits of a faster and more efficient network and MemeFi’s vision of a robust and fun Web3 gaming ecosystem.
To get the most out of the airdrop, play the game, do daily tasks and be part of the community discussions. Be part of the next era of Web3 gaming on Sui network with MEMEFI token.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.
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