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Kriptoteka > Market > Defi > MemeFi’s 50M Users, Token Airdrop, and Exchange Listings Explained
Defi

MemeFi’s 50M Users, Token Airdrop, and Exchange Listings Explained

marcel.mihalic@gmail.com
Last updated: October 19, 2024 11:34 am
By marcel.mihalic@gmail.com 5 Min Read
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The rapidly expanding social game, MemeFi, has accumulated over 50 million users across various platforms and proudly holds 3.4 million followers on X.

The game merges social dynamics with meme-centric gameplay, allowing players to create clans, engage in competitions using popular memes, and earn in-game credits in a captivating environment.

“Unleash your creativity in a meme battle arena: fight, loot, and amass great fortunes,” states its official website. “Survive till the very end.”

Until now, players could not convert their credits into real cash. However, this will soon change with the forthcoming token airdrop and listings on exchanges.

MemeFi Token Set to Launch on Six Major Centralized Exchanges

Numerous speculations have circulated regarding the listings for MemeFi’s token. On Oct. 6, the team responded to these speculations in a post on X, confirming important details about the token distribution event.

The team stated that the game’s token will be listed on at least six major centralized exchanges. Additionally, there is another pending listing. In regards to the listing date, the MemeFi team announced that the event has been postponed to Oct. 30 due to “some external factors” beyond their control.

Clarification on Listings, TGE, and Airdrop: All Cards on the Table 🗓

We acknowledge your need for transparency.

❗️Our primary focus has always been to compensate you in the most deserving ways. With millions of players involved, and various instances of flawed airdrop designs in… pic.twitter.com/hO7LKf0SE1

— MemeFi (@memeficlub) October 6, 2024

The criteria for calculating each user’s allocation will be “complex, weighted, and non-linear,” the team mentioned in the post. This is designed to ensure that players’ engagement within the ecosystem is acknowledged.

Participants who earn airdrop points through dishonest methods will be disqualified. Accounts suspected of being automated bots will also be penalized, as noted in the post.

Criteria for the MemeFi Airdrop

In anticipation of the listings, the MemeFi team recently revealed the criteria for the airdrop targeting both its large Telegram user base and the project’s Web3 community. The team announced that 85% of the token supply will be distributed to the game’s Telegram users, while 3% is set aside for the Web3 community.

Who’s eligible for the MemeFi airdrop?

Today, we’re unveiling the full criteria for the MemeFi airdrop. Some of you have already caught a glimpse of the draft in the chats. We’ve made a few updates to the text, so it’s worth checking it out again.

❕You can find the complete… pic.twitter.com/awfJwaqmjY

— MemeFi (@memeficlub) October 16, 2024

Eligibility for Telegram users will mainly be determined by the total value of all token purchases or the quantity of coins held. Only users with a minimum amount of coins will qualify for the airdrop, as stated by the team.

Other factors that will influence each Telegram user’s airdrop amount include their engagement in on-chain transactions, participation in giveaways, and possession of a MemeFi Premium membership.

For the Web3 community, contributions in mainnet and testnet points, plus ownership of specific Non-Fungible Tokens (NFTs), will dictate each person’s share of the MemeFi airdrop.

Additional criteria such as holding branded ERC-404 NFTs, Website Fortune Wheel tokens, or Elite and Royal NFTs will also be taken into account. Any member fulfilling a Discord OG role will also qualify.

The team has indicated that some criteria will remain undisclosed to prevent any form of exploitation.

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Contents
MemeFi Token Set to Launch on Six Major Centralized ExchangesCriteria for the MemeFi AirdropRelated Articles:

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