MemeFi recently announced a postponement
of its long-anticipated (TGE) and listing on (CEXs). Initially scheduled for
October 9, 2024, the airdrop and TGE have now been set back to October 30,
2024. This decision comes as the team focuses on perfecting the launch
environment to ensure that the community, particularly its most loyal players,
are rewarded in the best possible way. In this article, we’ll explore what to
expect from the delay, the rationale behind it. Alongside what it means for the
future of MemeFi.
Bases Of MemeFi’s Listing Postponement
As others might feel disappointed, Memefi
listing postponement can’t be without a reason. The team revealed that external
factors were responsible for the delay. These Include negotiating the best
listing terms with exchanges and ecosystem alignment.
Memefi Strives to learn from the mistakes
of other projects that rushed its airdrop. Which results in poor outcomes.
Memefi aims to ensure a successful launch and be beneficial for all involved.
This can’t work if the project is in haste. Memefi’s focuses on rewarding loyal
participants who have committed themselves with the ecosystem. With over 26
million bot players, ensuring a fair and transparent reward system is no easy
task. The team is working hard to ensure that the airdrop model only rewards
genuine players.
What Has Been Confirmed?
Here’s what the MemeFi team has confirmed
so far about the postponed TGE and listing:
MemeFi will now be on October 30, 2024.
●
Listing on six leading CEXs with
one more exchange pending confirmation. This ensures that $MEMEFI will have a
significant presence across top trading platforms.
●
90% Allocation of the total token
supply to the community. which reflects MemeFi’s commitment to rewarding its
early supporters.
●
Airdrop eligibility will focus on
the number of in-game coins players have earned. Alongside multipliers and
bonuses for engaging with numerous aspects of the MemeFi ecosystem. Such as
participation in Testnet events, clan battles, and more.
●
The goal is to create a system that
disqualifies dishonest players. Alongside rewarding rewards genuine
involvement.
Why Is This Postponement a Good Thing?
The delay may seem frustrating but also
doubles as a strategic move on the part of the MemeFi team. The
Cypto-blockchain gaming space is infamous for hasty launches. Which fails to
deliver on their promises, leading to token dumps and poor liquidity. Followed
by a dissatisfied community. The Postponement aims to achieve long-term
sustainability of the project over short-term gains. Here’s why this move could
benefit the community:
The project waiting for the right
circumstances to align within the crypto ecosystem. This involves having
necessary infrastructure, partnerships, and liquidity to thrive post-listing.
Rushing this process could affect the token’s value and community engagement.
Listing on leading CEXs is essential for
a project’s liquidity and visibility. Delaying it can secure partnerships with
the best exchanges. Alongside ensuring $MEMEFI is accessible to a broad
audience. This helps the token gain traction and liquidity right from the
start.
MemeFi aims to reward genuine players and
supporters. By delaying the airdrop team can optimize the allocation model.
This ensures that only legitimate participants receive rewards. it also lower
risk of bot activity or dishonest participation. Which increases the average
allocation per genuine user.
The delay gives users more time to engage
with MemeFi, earn more points, and complete extra tasks. The upcoming snapshot
will provide players with multiple opportunities to boost their allocations.
Rather than seeing the delay as a setback, it’s an extended opportunity to
maximize rewards.
What to Expect Leading Up to October 30
The team has shared that they will
release detailed airdrop criteria within the next 10 days. Here, Players can
know how the allocation model works. Alongside what bonuses and multipliers
will be available. Then how to qualify for the highest airdrop allocation.
Also, Major campaigns will go live next
week. Which offers players with chances to earn points and bonuses. The final
snapshot for the airdrop will be in October. Until then, players commit
themselves within the MemeFi ecosystem to improve their eligibility.
After the snapshot, MemeFi will release
an airdrop checker tool. Which allows players to verify their eligibility and
see how many tokens they are set to receive. Followed by the TGE and exchange
listings on October 30. Which marks a significant milestone in the project’s
lifecycle.
The Road Ahead for MemeFi
As the project continues to thrive. The
platform focuses on becoming a leader in the blockchain gaming space. By
merging meme culture with a play-to-earn ecosystem. It offers a unique gaming
experience. The TGE is just the beginning, with the team hinting at further
developments in the months to come.
MemeFi has already made waves with its
tap-to-earn mechanics on Telegram. where players can battle meme-inspired
bosses and earn rewards. The upcoming integration with Eth Linea network and in
app EVM wallet adds extra layer of depth. Which allows players to claim their
tokens. Alongside participating in the broader Ethereum ecosystem.
The delayed TGE and listing might feel
like a setback for some, but in reality, it represents a calculated move to
ensure long-term success. MemeFi is positioning itself for sustainable growth,
rewarding its community while avoiding the pitfalls that have plagued other
crypto projects.
Conclusion
MemeFi’s decision to postpone its TGE and
exchange listings until October 30, 2024. Which focuses on delivering the best
possible outcome for its community. By prioritizing ecosystem alignment,
top-tier exchange listings, and a fair and transparent airdrop model. MemeFi
aims to reward its most loyal players and lay a strong foundation for future
growth. Coming weeks will be a blast as the team is set to releases detailed
airdrop criteria. Alongside launching new campaigns, and preparing for the
final snapshot. Players should take this delay as opportunity to engage more
with the MemeFi. Alongside maximizing their rewards in anticipation of the
upcoming TGE and listing.
