MemeFi Gears Up for Token Launch on Sui Network

ChainPlay

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8 days ago

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MemeFi’s Token Launch on Sui Network

The Telegram tap-to-earn game MemeFi is finally approaching its long-awaited token launch after facing delays and a significant shift from Ethereum’s Linea network to the Sui network. This shift, announced in late October, has led to collaborations with Mysten Labs, the creators of Sui, aiming to boost player engagement on the layer-1 blockchain. Now, with just two days left before MemeFi takes its final snapshot to determine player token allocations, the developers have rolled out a last-chance opportunity for players to maximize their share of the upcoming token drop.

Source: X

Leading up to the snapshot on Friday, November 15, MemeFi players can earn triple rewards from partnered campaigns within the game. These tasks include playing other Telegram-based games, registering for an account with the crypto exchange OKX, and following crypto-focused channels on Telegram. This added opportunity to increase token allocation incentivizes players to engage with these partnered activities and get a bigger piece of the upcoming airdrop.

While these partnered activities don’t directly tie into MemeFi’s core tap-to-earn gameplay—where players battle various meme-inspired enemies—the campaigns have become an integral part of the game’s overall experience. For months, these promotional tasks have provided players with ways to earn additional in-game benefits, making them popular for boosting player engagement.

Promotions within MemeFi have recently occupied more of the game’s interface, as the developers bring in collaborations with various companies and crypto projects. These partnerships have offered new ways for players to participate in the game ecosystem, but they also provide avenues for players to build up their allocations right before the final airdrop. For many players, this late opportunity is a chance to make the most of the upcoming rewards, especially after waiting through the game's previous delays.

Transition to Sui Network

Following the snapshot, MemeFi’s token will officially launch on Sui on November 22. This shift from Ethereum’s Linea network to Sui came as a surprise, but the move to a layer-1 solution may offer more room for the game to grow and adapt. Working directly with Mysten Labs, MemeFi’s developers aim to bring new players into the Sui ecosystem, potentially opening up further opportunities for collaborations and enhancements within the game.

Source: X

While MemeFi prepares for its launch on Sui, Ethereum’s Linea network is also gearing up for its own token debut. On Wednesday, the Linea Foundation, a nonprofit, announced plans to release a token for early adopters with an airdrop expected in Q1 2025. The timing adds an interesting twist, as players who initially joined MemeFi when it was on Linea may have upcoming opportunities within Linea’s own ecosystem.