The MemeFi token generation event (TGE) is scheduled for October 9, 2024. The native token will be listed on all major cryptocurrency exchanges where you can purchase them at the market price. The date of the airdrop of $MEMEFI tokens is yet to be announced. However, it is expected to take place sometime before the TGE.
The airdrop will be scheduled in such a way that it does not affect the market price of the listed tokens by flushing in liquidity. In this case, 90% of the total supply of $MEMEFI tokens will be airdropped to the accounts of its ardent followers during the airdrop. So a strategic airdrop release is necessary to arrest the value of the tokens. Airdrop can also be done in different phases even after the TGE.
A public airdrop checker will be set up before the airdrop whereby investors can check their eligibility and the number of tokens they are entitled to receive for free.
Keep reading to know the details about the upcoming TGE and airdrop of $MemeFi tokens.
Difference Between TGE And Airdrop
Before we move on to further details about the airdrop and TGE of $MEMEFI tokens, let us understand the key differences between a token generation event (TGE) and an airdrop.
The airdrop is the free distribution of a token to market it among the users as well as build a strong community following for the token. On the other hand, TGE is the public sale of the tokens. They will be listed on various exchanges from where users can purchase them. TGE is a fundraising event. Airdrop usually happens before the TGE event.
Airdrop is a one-sided transaction where the platform drops the tokens directly to the linked wallet addresses. In TGE, there is a two-way exchange of money. The users purchase $MEMEFI tokens paying some base currency. Therefore, TGE is riskier than airdrop because there is a potential loss if the market trends become unfavorable.
More About The MemeFi Platform
Now that you know about the key attributes of both TGE and airdrop events, it is essential to understand the key facts about the MemeFi platform to aid your investment decisions.
MemeFi is a gaming platform hosted on the Telegram app. The major highlight of this gaming platform is the keys that the players can capitalize on to earn rewards.
MemeFi is a combination of gaming and social technology. The game universe imitates a real world with challenges and mysteries. They can use the social keys they acquire through the gameplay to join clans, tackle daily missions, battle bosses, and participate in clan raids to earn rewards in $MEMEFI.
$MEMEFI Tokens In Detail
$MEMEFI is the native token of the MemeFi platform that serves different purposes such as governance, rewards, sharing of revenue generated through yield farming, and a currency to facilitate in-game purchases.
The token distribution of the fixed supply of 10,000,000,000 $MEMEFI tokens is done in the following manner.
- Community: 90%
- Liquidity/CEXs: 5.5%
- Early Adopters: 1%
- Strategic: 1%
- Seed: 1.5%
- Partners: 1%
How To Boost Your Earnings On The MemeFi Platform?
MemeFi platform has devised certain video codes and YouTube codes that the players should unveil to increase the rewards due to them. These codes help you earn extra points other than what you earn by playing the game.
✔️MemeFi Daily Secret Combo Codes
MemeFi announces secret combo codes every day, which if set right on the designated method, errands you with reward points.
✔️MemeFi YouTube Video Codes
Codes are embedded in the YouTube videos of the MemeFi platform. You should watch these videos without skipping the content to get the codes right.
✔️MemeFi Energy Spins
The energy spin feature of the MemeFi platform helps you earn more tokens by completing the tasks assigned, participating in promotions, or even just chatting with others in the game. After you have collected the coins through these activities, you can claim your reward by activating the energy spin on the blue bottle icon of the app.
Conclusion
MemeFi is a gaming platform with many opportunities for community engagement. It provides the players with all the utilities of a meme token. If you are a regular participant in the community events, you can qualify to get free tokens during the airdrop.
You can purchase additional tokens at the time of their listing on various exchanges. This is the right time to gear up your engagement with the platform to earn major rewards.