MemeFi Completes Phase 2 Airdrop: What You Need to Know?

Bittime - Memefi completes phase 2 airdrop: what you need to know? The MemeFi campaign has officially completed its 2nd Quest and Airdrop Phase, where each participant received 600 MemeFi tokens. 

In this event, a total of 1% of the total available tokens were distributed, with a total value of approximately $1.1 million USD in prizes.

What is the Level 1 MemeFi Quest Airdrop?

Airdrop MemeFi Quest Phase 1 is the initial phase of the campaign designed to engage the community in the MemeFi ecosystem. 

At this stage, participants are required to complete a series of tasks and challenges to qualify for tokens. 

Those who successfully complete Quest Stage 1 are entitled to an airdrop that gives them tokens in exchange for their active participation.

What is the Level 2 MemeFi Quest Airdrop?

The MemeFi Quest Phase 2 airdrop is a continuation of the first phase, where participants who have completed Quest Phase 1 can continue to earn more tokens. 

In this phase, each eligible participant receives 600 MemeFi tokens, which is part of the total distribution of 1% of available tokens. 

This phase aims to strengthen community involvement and reward those who actively participate.

Read too MemeFi Listing: Here's How to Claim the MemeFi Airdrop!

MemeFi TGE Distribution Estimates

MemeFi's Token Generation Event (TGE) is expected to provide significant distribution to participants. 

While specific details regarding TGE distribution have not been fully announced, it is expected that TGE will include a larger token allocation to support ecosystem growth and incentivize new users. 

A further announcement regarding the post-TGE roadmap is also expected to be released soon, which will outline developments and new features in the game.

With the token now listed on major exchanges, participants are expected to monitor their holdings and look for trading opportunities that may arise.

Read too MemeFi Pre Market Price Update: How Much It Would Be In Rupiah

What is MemeFi?

MemeFi functions as a crypto game based on Telegram, combining elements of meme culture with a fun blockchain experience. 

Players can join various meme clans, fight against bosses, and earn rewards in the form of virtual coins. 

One of the unique features of the game is the key system, which functions as social capital and can be traded between players.

Conclusion

In the future, it is expected that there will be more opportunities to earn rewards within the MemeFi ecosystem, although specific details have not yet been announced.

FAQ about MemeFi

1. When is MemeFi Coin Listing?

MemeFi has announced that the MEMEFI token will be listed on the OKEx exchange on November 22, 2024, at 1:00 PM UTC. 

Originally, the listing was planned for November 12, but was postponed for 10 days to ensure all preparations were completed. 

After listing, trading will be available in the MEMEFI/USDT pair.

Deposits for MEMEFI tokens will open on November 11, 2024, at 10:00 AM UTC, and spot trading will begin immediately after the call auction on the same day. 

Withdrawals for MEMEFI tokens will be permitted starting November 23, 2024, at 1:00 PM UTC. Apart from OKEx, MEMEFI tokens will also be listed simultaneously on Gate.io.

2. When is TGE MemeFi?

The Token Generation Event (TGE) for MemeFi is expected to take place alongside the token listing on November 22, 2024. 

At the time of TGE, a snapshot of the airdrop allocation will be taken, and eligible users will receive their tokens. 

This TGE is an important step in the launch of the MEMEFI token, which will provide an opportunity for users to start participating in the MemeFi ecosystem.

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Reference

Decentralized Dog, MemeFi Concludes Round 2 Quest and Airdrop, Accessed November 30, 2024

Author: IN