MemeFi Explained
MemeFi was unveiled on the Sui blockchain in November 2024. It was developed to gamify crypto adoption and is motivated by the widespread interest in memes and decentralized finance (DeFi).
MemeFi offers a smooth gaming experience using Telegram’s larger user vase and bot integration. The players can sign up, communicate with bots, and take part in challenges.
The game creates a community-enhanced environment. This makes MemeFi a special combination of fun, creativity, and earning opportunities within the expanding crypto-gaming ecosystem.
The gameplay in MemeFi entails battling bosses individually and with clans. The bosses’ strength is measured in an in-game currency called the PWR token.
MemeFi Gameplay’s Components
Boss Fights and Clans
The core game mechanics entail tapping the screen to destroy bosses and earn coins. The more wars one participates in, the higher the potential rewards.
A person can join meme clans to partner with other players to fight against bosses. A clan’s overall strength relies on its members’ power, which is critical in determining the raids’ outcome.
Raids
Boss and Clan are the two types of raids one can make when playing MemeFi. Boss raids are player-vs-environment events where new bosses appear every day.
Clan raids are player-vs-player challenges that accommodate direct competition among clans. They are initiated by clan elders and give members a six-hour participation window.
Boosters
MemeFi has boosters that boost one’s ability to destroy bosses substantially. Free boosts, referred to as ‘Turbo,’ deal 10 times more damage following recharge.
Paid boosters permanently upgrade recharging speed and damaging skills.
How to Play MemeFi
The step-by-step guide to aid one begin playing MemeFi is shown below:
Step 1: Search for ‘@memefi_coin_bot’ on Telegram to find the game. To begin the game, tap ‘Play $ Earn’ and agree to the terms and conditions.
Step 2: Tap the screen to make the boss lose health. Elimination means exhausting the boss’ health.
Step 3: Join clans and carry out clan raids on bosses.
Step 4: Acquiring MEMEFI tokens on MemeFi entails doing interactive activities such as clan raids and boss battles. For victories, players earn in-game currency as rewards, while loot distribution relies on individual contributions during the events.
MemeFi’s Main Features
- Raids by Clans: In this feature, players plunder rival clans’ valuables and gain enormous rewards. One can group with other members of their tribe to raid them.
- Memelands: Players utilize an interactive map to fight enemies, explore diverse locations, and seek opportunities to earn MEMEFI tokens. The map is created to motivate the players to discover what is hidden and reward them.
- Incentivized gameplay: The gameplay in MemeFi is created to reward players who reach the top of the scoreboard. Achievements like battle victories, clan leadership, and loot collected are used to rank players.
- Private and clan chats: Playing MemeFi enables interaction with other players through clan and private discussions. Social elements like developing alliances and creating lasting friendships offer the game an extra degree of engagement.
MemeFi’s Roadmap
Phase 1: Foundation (Q4 2024)
- Token unveiling
- Execution of burning and staking mechanics
- Unveiling of an ML-powered advertising network
Phase 2: Expansion (Early 2025)
- Unveiling of a memecoin battle platform
- Multichain support and DeFi integration
- Creation of Telegram-founded prediction markets
Phase 3: Mass adoption (Late 2025)
- Creation of actual-world memecoin initiatives
- Unveiling of standalone applications for Android and iOS
Tokenomics of MemeFi and In-game Tokens
Token Distribution in MemeFi
- Community development: 12%
- MemeFi treasury:19%
- User and contributor incentives: 8%
- In-game economy: 26%
- Team allocation: 10%
In-game Tokens in MemeFi
MEMEFI
This is MemeFi’s governance and prime utility token. Its holders form a decentralized autonomous organization and vote proportionally to their holdings on crucial financial and technological decisions, shaping the project’s direction.
PWR
The token powers core activities in the MemeFi game, acting as a measure of character strength and unlocking the appropriate privileges during raids and wars. Players need it for individual attacks and entry into clan raids.
TOYBOX
It has been unveiled to back the MemeFi team’s objective of developing deeply liquid MemeFi assets. The token is set to become the representative of MemeFi playable characters.
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