What is MemeFi?

2024-10-09

What is MemeFi? image 0

In the era of decentralized finance (DeFi), a new trending game is attracting special attention from the blockchain community: MemeFi. Formed from the combination of meme elements and the decentralized finance (GameFi) gaming industry, MemeFi is not only a game with novel concepts but also promises to open up attractive investment opportunities. With the official listing coming up this October, this is exactly the golden time for you to learn about MemeFi and quickly maximize your MEMEFI before its listing date.

What is MemeFi?

MemeFi consists of two main branches: Telegram games and web games with a world map and various missions. The majority of players participate in the first branch, a Tap-to-Earn game built on Linea. The game is inspired by crypto meme culture and incorporates novel elements into the traditional GameFi design. With gameplay similar to Notcoin and Hamster Kombat, MemeFi features over 15 meme characters, items, NFT tokens, and clan features. 

In the Telegram game, players are rewarded for killing bosses and receive rewards via mini apps. In addition to tapping the screen to earn in-game coins, players can also watch daily YouTube videos to earn more coins. MemeFi also acts as an advertising platform, allowing players to earn more coins for watching ads, while also creating opportunities to receive more airdrop tokens in the future.

Related content: What is Tap2Earn in Web3 and Why Should You Care?

What Tokens are in MemeFi?

MemeFi operates a multi-token economy with three main tokens: MEMEFI, PWR, and TOYBOX.

  • MEMEFI: This is MemeFi's native token that serves as both governance and utility. MEMEFI holders will participate in the DAO, having the power to decide the operations of the game by voting on important decisions. On the Web version, MEMEFI is also used in the game to purchase character keys, advancement items, and trading commissions. The token is allocated as follows: 12% for community development, 8% for user and contributor incentives, 19% for treasury, and 10% for the project team (with a token holding period of 18 months). Additionally, 26% of the supply will be used to support the in-game economy.

 More about MemeFi (MEMEFI) Wallet

  • PWR: On the Web version, PWR is the token for the main operations in the game, controlling character power, benefits, and resources. It is used for raids, guild raids, and in-app purchases. Each character has a limit on the amount of PWR they can hold, which determines their maximum power.

  • TOYBOX: TOYBOX is an ERC-404 standard token that enhances gameplay and represents in-game characters. While not required to access the game, it is recommended that players hold this token. The total supply of TOYBOX is 8,888 tokens, with full details to be announced during the testnet and beta stages.

Gameplay of MemeFi

To start playing on Telegram, simply launch the bot on the platform. You will play as a MemeFi hero and fight bosses by tapping the screen, weakening them and getting rewards. In the menu, you can use the money you earn to increase your energy limit, decide how many taps you can tap per turn, or increase the damage you deal per tap.

PvE battles with bosses or PvP battles with other players are available on the Web version, to participate you need to use the PWR token – an off-chain token of the game. This token can be received at the start of the game or purchased by depositing ETH into the Linea Wallet. In addition, PWR is also used to upgrade characters and buy items in the game. MemeFi also introduced the clan feature, allowing players to join groups to cooperate in PvE and PvP battles, thereby earning more MEMEFI tokens.

How to Join MemeFi?

Since most players are on the mini app version on Telegram, we will start our journey to explore MemeFi on this platform, follow these steps to quickly join and experience the exciting game:

Step 1: Go to https://t.me/memefi_coin_bot and select “Start”, “Play & Earn”, then “Launch” to start the game.

Step 2: In the game, continuously tap on the boss icon to defeat them and receive Coins, which can be exchanged for MEMEFI or PWR tokens in the future.

Step 3: Earn more Coins by doing social network tasks in the “Earn” section.

Step 4: Invite friends to join to receive more Coins.

Step 5: Optimize Coin earning by purchasing features in the “Boosters” section:

    • Tap Bot: Automatically earn Coins when you are offline.
    • Damage: Increase the energy limit to tap more.
    • Energy Cap: Increase energy recovery speed.
    • Recharging Speed: Improve energy recovery speed.

Step 6: Create a new wallet in the “Wallet” section or use Seed Phrase, Private Key from a wallet that supports EVM chain such as Bitget Wallet. Deposit ETH into the wallet to buy MEMEFI or PWR tokens in the future.

Official Listing of MemeFi

On 23 August 2024, MemeFi’s official Twitter page announced that the MEMEFI token will be listed on the exchange on 9 October 2024. Interestingly, MemeFi is being built on Ethereum’s Linea expansion network, instead of The Open Network (TON), where many popular tap-to-earn games currently operate. MemeFi launched its in-game wallet in July, and players will be able to use this wallet to receive airdrop tokens after MEMEFI launches.

How to Maximize Profits on MemeFi?

To make the most in MemeFi, apply the following tips:

  • Join an active clan: On the Web version, connect with active clans to increase your chances of winning battles and getting more rewards. Close cooperation and strategic planning are the keys to defeating bosses and achieving victory.
  • Upgrade constantly: Use power-ups and upgrade regularly to improve your performance. Items like TURBO and RECHARGE can significantly increase your damage and energy, giving you a big advantage in matches.
  • Follow the news: Regularly update from to get the latest combo patterns and optimize your rewards. Keeping up with these updates ensures you don't miss out on any opportunities.

MemeFi and the Future of Decentralized Finance Gaming

MemeFi is not only an innovative game in the GameFi world, but also opens up great opportunities for the future of decentralized finance. The future of MemeFi is full of potential with continuous development and attractive investment opportunities. The journey with MemeFi has just begun, and a promising future awaits you.

To seize the opportunity from the development of MemeFi and protect your investment, using a secure storage wallet is essential. Bitget Wallet not only supports MEMEFI, but also provides security and convenience for transactions on EVM chains such as Ethereum. With Bitget Wallet, you can easily manage your assets, participate in airdrops, and be ready to welcome all new opportunities in the MemeFi ecosystem. Get yourself a Bitget Wallet to make sure you don't miss out on any advancements in the world of decentralized finance gaming.

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