When is MemeFi Listing? Breaking $MemeFi TGE Announcement

Memefi is a Telegram-based “tap-to-earn” game — one of many since the success of Notcoin — which puts its own special take on the gamification of tapping and receiving rewards.
The goal of the game in Memefi is to tap to beat opponents and gain bonuses and rewards. In Memefi, players face an opponent instead of the coin that is frequently displayed on the main screen of other tap-to-earn games. With each tap, you can strip away an enemy’s health point by point and win a token worth the same amount for each point lost.

Meme coins are centered around their communities and draw users that identify with the theme meme of that community. With tokens like Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), and PEPE breaking into the top 50 tokens by market capitalisation, many meme coins have developed into sizable communities. So, when is MemeFi listing and joining them?

Meme coin communities, according to MemeFi, a decentralised gaming initiative, are groups of people that share common interests in addition to individuals who share viral memes. MemeFi has invited the greater gaming and cryptocurrency community to take part in the application testing program since launching its testnet on the Sepolia test network.

Presenting MemeFi

MemeFi is a blockchain-based online game with a unique concept that blends in with the standard GameFi design with a focus on cryptocurrency meme culture. MemeFi’s gameplay revolves around in-game NFT objects and tokens, which players earn by taking part in, finishing, and levelling up tasks.

MemeFi expands on GameFi’s standard capabilities by bringing social tech into the game. These tradeable keys allow holders to invest in players and profit from their winnings.

Players can already experience a taste of the game and take advantage of the testnet incentives since public testing is now in progress.

How can Users Start with Memefi?

To start playing the game, users simply click the link to Memefi’s Telegram bot. Prospective players can access the game’s rules, a connection to Memefi’s Telegram community, and a play button by clicking the link, which takes them to Telegram.

Players engage in combat with Pependalf, their first foe, as soon as the game launches. The first obstacle in the Memefi trip is this wizard-clad frog, which appears to be a reference to the well-known meme frog Pepe. In order to learn more about Pependalf’s past and the rewards it offers for conquering it, players can also click on its name.

Raids

Players can participate in boss raids and clan raids on MemeFi with their respective clans.

Every day, new bosses reappear in PVE events called boss raids. Based on the boss’s power levels, players can only battle one boss every day. Participating in boss raids and conquering them nets the player’s clan treasure, which is subsequently distributed among members according to their contributions.

There are also clan raids, which are started by the clan commander against competing clans and reset every day. After initiation, clan members can participate in raids during a six-hour attack window. The victorious clan gains resources at the expense of the loser clan, which loses power.

More individuals backing a raid increases the likelihood that it will succeed, and strong raid performance allows players to progress their clans and further the development of their characters.

MemeFi Gameplay

MemeFi offers a variety of entertaining and rewarding activities for users to participate in, such as “picking the side” of their preferred meme coin and competing against other communities.

Battles in MemeFi’s gameplay vary from solitary sparring rounds to clan raids. In the PVE realm, players and their clans can engage in boss battles where they can win treasure and in-game cash by defeating the bosses.

When is Memefi Listing?

LISTING OF $MEMEFI WILL BE ON OCTOBER 9.

Today, Memefi announced that October 9, 2024, will be the listing of $MemeFi. They declared that they have been putting in a lot of effort behind the scenes to make sure the listing event goes well. The community also disclosed that information on MemeFi’s top backers and its listing on a number of top-tier centralized exchanges will be made public in the upcoming weeks.

Furthermore, it was announced that the MemeFi extreme heat season will continue, featuring a tonne of elements that illustrate their chosen game-fied post-TGE future, MemeFi declared that a public airdrop checker will be accessible prior to TGE.

What Distinguishes Memefi from other Tap-to-earn Games?

Memefi game sets itself apart from other tap-to-earn games primarily with its gamification philosophy. Memefi puts the game in a combat environment and gives users foes to overcome, whilst Dotcoin and Hamster Kombat let users take on the role of a CEO and Dotcoin employs a simpler tapping system to receive prizes.

It’s also important to note that the same team that created Memefi game also created Memefi Club, another Web2 game. In order to gain prizes, participants in this game create characters, join clans, and launch raids on one another. It takes place in a universe full of well-known memes that aims to combine “pop culture with fantasy,” just like the Telegram-based game. However, this game differs from most tap-to-earn games in that it is based on Linea, an Ethereum layer 2 solution, whereas most Telegram-based games are connected to the TON blockchain.

The level of connection between the two games, if any, is unclear based on Memefi’s literature, but the team does confirm that the tap-to-earn game’s accumulated in-game awards will be “exchangeable for something really cool later.”

Memefi launched on May 17 and claims to have over 20 million active users, but like other games based on Telegram, it’s hard to tell how many are real people and how many are bots.

MemeFi Tokens

MemeFi runs a multi-token economy in which each token is assigned a set of services to facilitate the game’s and the gaming industry’s seamless operation. The MemeFi game is controlled by three tokens.

• MEMEFI
• PWR
• TOYBOX

MEMEFI Tokenomics

MEMEFI serves as both the main utility token and the project’s governance token. The DAO that oversees the game’s operations is made up of MEMEFI token holders, which function as a governance token. Each token holder’s political power is proportional to the quantity of tokens they possess. Through the governance site, stakeholders discuss and cast their votes on important technological and financial choices pertaining to the project. MemeFi gives players back authority over the project, allowing them to decide how the game will progress. Character keys, in-game progress goods, and commissions for key trading are all paid for using MEMEFI.

MemeFi has set aside about 12% of its total supply for community development, with 8% going towards incentives for users and contributors. The project team owns 10% of the overall supply, with the remaining 19% going to the MemeFi treasury. The team’s allotment has an 18-month vesting period and a 12-month cliff. Lastly, the in-game economy will run on 26% of the total supply.

Toy Box

MemeFi adds a third token to the token economy of the game. The ERC-404 standard token TOYBOX is made to blend into the gameplay and give players additional options. The ERC-404 standard is a novel token-creation mechanism that combines the skills of fungible and non-fungible token standards.

According to the project, the TOYBOX ERC-404 token will represent MemeFi playable characters and will be used in the game. While game access won’t be gated with TOYBOX, users are urged to hold the token. There are 8,888 units of TOYBOX in circulation. During the testnet and beta stages, TOYBOX’s complete intentions will be unveiled and implemented.

PWR

The token for the main features of the MemeFi game is PWR. It manages the gameplay, and the project claims that PWR’s value is constant. Character strength is measured by PWR, which also establishes each character’s access to resources and privileges at any given time throughout gameplay. PWR may be purchased in the game and are used for both solo attacks and clan raid entry. There is a maximum PWR that each character can contain. Each character’s maximum strength is a set percentage of the highest PWR that they have ever had on their balance. Moreover, PWR is applicable to additional in-app purchases.

Related: What Does the Future Hold for Hamster Kombat Amidst Speculation of Rift Within Core Team Members

Key Takeaways:

• MemeFi game is a decentralised game that adopts a crypto-style meme culture. It incorporates GameFi with meme coin visuals.
• The main gameplay and overall project management are comprised of a multi-token economy, additional in-game NFT products, and gaming character tokenisation through keys.
• It introduces MemeFi, its governance and reward token, PWR, its in-app token, and TOYBOX, an ERC-404 standard token that will be included into the gameplay for playable character management.

Final Thoughts

MemeFi combines meme currencies with GameFi. Meme currency aficionados may now play an incentive-driven game that honors their preferred meme tokens and introduces more traditional gamers to the world of meme coins thanks to the combination of these two emerging crypto markets. New technologies are also incorporated into the game by MemeFi; these include keys and the ERC-404 TOYBOX coin.

Having said that, MemeFi is powered by relatively new technologies and concepts as well as sophisticated computing protocols. Knowing each of them and how users relate to them is crucial. For regular players and investors, the testnet phase offers the chance to gain even more clarity on the gameplay and other aspects. Gamers and interested meme coin aficionados can anticipate another initiative that aims to both introduce fun to the space and deliver substantial rewards concurrently, pending the public launch.

Disclaimer! Please take note that this post is not intended to be financial advice; rather, it is merely a review of the MemeFi game and project by Cryptoneuz.