Introduction

November 2024 promises to be an exciting month for crypto enthusiasts, with a plethora of airdrop and TGE events offering unique opportunities to earn valuable tokens from the biggest games on Telegram this year, MemeFi

 

What is a Token Generation Event (TGE)?

A Token Generation Event (TGE) is a short-term business and technical process involving the creation of a token on a blockchain network and its launch into the market, typically through a public sale, private sale, or initial coin offering (ICO).

Why Airdrops and TGEs Are Important for Crypto Traders and Investors

Staying up to date with token listings, TGEs, and airdrops offers several benefits:

  1. Price Changes: Listings and TGEs often result in sharp price changes. Knowing these dates can help you position yourself well.

  2. Early Adoption: Airdrops and TGEs offer early access to tokens that have the potential to rise in value.

  3. Airdrops and Rewards: Participating early can bring additional benefits, increasing the overall return on your investment.

 

1. Token Generation Event (TGE) and MemeFi Airdrop (November 22, 2024)

MemeFi is a Web3 social gaming platform with player versus environment (PvE) and player versus player (PvP) mechanics. It operates in the meme culture space, allowing players to complete tasks such as meme-themed battles, raids, and social challenges to earn rewards. As of October 2024, the platform has attracted an active player base of 27 million through its tap-to-earn game on Telegram. Users engage in simple gameplay while accumulating virtual currency and tokens.

 

MemeFi also offers a web experience on a virtual world map. Users complete missions and tasks, combining entertainment and financial participation. The platform has a strong in-game economy that contributes to its growth.

 

MemeFi’s TGE is now scheduled for November 22, 2024, when the $MEMEFI token will be listed on six leading centralized exchanges, with a seventh currently being confirmed. The MemeFi token distribution model remains the same, with 90% of the total supply allocated to community rewards, but the listing has been delayed to ensure the best launch conditions. The team is focusing on ecosystem alignment and exchange partnerships to achieve the best possible outcome for users.

 

The airdrop will be hosted on Sui, a layer-one blockchain network with high scalability and low transaction costs. Users will soon be able to access the public airdrop checker to verify their eligibility.

Updated MemeFi Airdrop and Token Launch Schedule

  • November 6, 2024: Final snapshot of player activity to determine airdrop eligibility.

  • November 8, 2024: Final airdrop distribution data released based on snapshot.

  • November 22, 2024: MEMEFI token officially launched on Sui with availability for on-chain claims.

MemeFi Tokenomics

  • Total Volume: Fixed at 10 billion tokens.

  • Community Rewards (90%): The majority of tokens – 90% – are dedicated to rewarding the community.

    • Telegram Users (85%): Reserved for users who earn tokens through playing games, completing tasks, and participating in social events.

    • Web3 Community (5%): Dedicated to contributing through testnet participation, NFT ownership, and other early adopter roles.

  • Liquidity and Listing (5.5%): Reserved for liquidity and listing on centralized exchanges (CEX).

  • Strategic Partnerships and Early Adopters (3%): Credit goes to partners and early adopters who have helped grow the platform.

  • Seed Investors (1.5%): Designed for seed investors who supported MemeFi in its early development stage.

The MEMEFI token, the foundation of the MemeFi ecosystem, is now open for pre-trading on KuCoin. This early access allows users to trade MEMEFI before its official launch on spot trading, giving them the opportunity to acquire tokens before they are widely distributed.