Learn about MEMEFI, get 487 MEMEFI. Prize pool: 195,000 MEMEFI
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200 winners will be picked on a first-come, first-served basis. 200 more will be chosen randomly through a raffle.
What is MemeFi
MemeFi's gaming ecosystem comprises two games — MemeFi Club and MemeFi Coin. What can players expect? According to the project's documentation, MemeFi is more than just a game but "a living, breathing world with its peculiar laws and history. It's a chaotic universe full of perils and mysteries that exist in a crazy environment of eternal war between meme clans and memes themselves." As such, players are encouraged to explore and plunder riches where they see fit, which is reflected in the game's social element.
MemeFi Club is accessed via a web browser, and invites players into a vibrant world of memes and pop-culture references. Here, players acquire social keys and PWR token boosts as they set out to join clans, complete daily missions, defeat bosses, and take part in clan raids to earn MEMEFI tokens.
MemeFi Coin, meanwhile, is a Telegram clicker game developed by the MemeFi team. However, it's not clear how MemeFi Club and MemeFi Coin are connected beyond this. MemeFi Coin should feel familiar to those who've already played Telegram clicker games, as it follows the same concept. However, where other clicker games are as simple as the name suggests — click to play — MemeFi Coin includes a deeper form of gamification. Here, players must tap to defeat enemies. There are multiple levels of enemies to overcome, with the game also incorporating a stamina system (similar to the energy system other games use), boosters, and upgrades.
Initially MemeFi was built on Ethereum Layer-2 scaling network Linea. But the tap-to-earn platform recently announced that its token launch will no longer join the Ethereum Layer-2 network, Linea, as planned. Instead, MemeFi is collaborating with Mysten Labs and will list on Sui's Layer-1 network. This step is focused on introducing users to explore Sui's unique benefits and to help Sui integrate into Telegram.
SUI is a Layer-1 blockchain developed by Mysten Labs, that utilizes parallel transaction execution to process transactions at a faster speed than other blockchains.
This move sets MemeFi apart from other popular Telegram-based crypto games, like Notcoin and Hamster Kombat, which have historically opted to launch their tokens on The Open Network (TON).
MEMEFI and PWR are the backbone of the MemeFi in-game economy, but what are their differences? Put simply, PWR is the in-app token whereas MEMEFI is used for governance and rewards.
PWR is meant to be a stable offchain token. Because of its stability goal, with a value normally fixed at $0.001, the token is used to determine prices for actions or items within the app. MEMEFI, on the other hand, has a broader utility. It's used as part of the project's governance process and for revenue sharing yield farming. MEMEFI also funds character progression, alongside other in-app purchases. MEMEFI has a maximum supply of 10,000,000,000 MEMEFI, distributed in the following way:
- 90% for community
- 5.5% for liquidity/centralized exchanges
- 1.5% for seed
- 1% for early adopters
- 1% for strategic developments
- 1% for partners
- Activity Participation Eligibility
- Campaign period: 28 November 2024, 17:00 UTC+7 — 05 November 2024, 17:00 UTC+7
- Enrolment eligibility:
- Users must register by clicking the "Join Now" button on the landing page and make sure the button is changed to "Joined" to be considered a valid participant of the event. Otherwise, your participation will be void.
- This campaign is only open to select OKX Users from South East Asia (excluding Brunei, Myanmar, Timor-Leste, Malaysia, Singapore, Thailand, Philippines, Laos, Cambodia, and Vietnam).
- This campaign is open both for new and existing users.
- Participation in this campaign is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.
- Participants must complete KYC identity verification to participate and claim the rewards in this campaign. Check your status here.
- Valid task completion:
- Learn and Earn: Users will have to fill out the quiz and ensure that they submit valid proof of completing all steps via the shared form
- Prize Eligibility Requirements
- Refer to the requirements above, and complete the corresponding task to get the corresponding reward.
- Users will have to check manually whether they have completed each task. The campaign page won't show changes in status upon completion.
- Reward Introduction
- Rewards will be issued within 14 working days after the campaign ends. The platform has the right to postpone the issuance of rewards for any reason it deems necessary in its discretion, such as large-scale risk control checks and other issues.
- Rewards will be in the form of MEMEFI crypto.
- OKX reserves the right to ban users who engage in fraudulent or abusive activities during the event, including opening bulk accounts to earn more rewards and other activities related to illegal, fraudulent or harmful purposes.
- Terms and Conditions
- By default, users who enter the campaign page and participate in this campaign have read and understood the Terms and Conditions of this campaign.
- Participation in this campaign is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.
- Each user can only participate in one campaign at any one time. If a user participates in multiple campaigns, only the last campaign registered will be rewarded.
- This campaign does not constitute or shall not be considered as a recommendation to deal in any products, or investment advice. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment.
- Please note that the value of prizes may fluctuate. Due to such price fluctuations, the value of your prize may increase or decrease in value at any given moment. OKX is not responsible for fluctuations in the value of prizes due to market fluctuations. All applicable taxes, costs, and additional expenses associated with the acceptance and use of the prize are the sole responsibility of the campaign prize recipient.
- Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.
- According to local laws and regulations, users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 2.2 of OKX's Terms of Use.
- During the campaign period, OKX will closely track the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes. If any of the above acts are deemed to be discovered by OKX, OKX reserves the right to disqualify the user from the reward.
- Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
- Risk warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may fluctuate and you may lose the amount invested. You are solely responsible for your investment decisions and OKX is not liable for any losses that may arise. Past performance also does not constitute a reliable predictor of future performance. You should only invest in products that you are familiar with and understand the risks involved. You should consider your own investment experience, financial situation, investment objectives and risk appetite and consult an independent financial adviser before making any investment. This campaign and the terms and conditions should not be regarded as financial advice. Please refer to the OKX Terms of Use and Risk Warning for further details.
- The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment.
- OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to cancelling, extending or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. All participants shall be bound by these revised terms.
- OKX reserves the right of final interpretation of this campaign. Please contact the customer service team if you have any questions.
- OKX has always taken its compliance obligations seriously and has always complied with the requirements of local regulators. We ask that you comply with the relevant laws and regulations of your country or region.
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- Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.