MemeFi Listing on SUI Network, Not Joining Ethereum Ecosystem?

2024-10-30

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BittimeThe surprising decision comes from Telegram-based crypto game developer, MemeFi. The tap-to-earn platform announced that its token launch will no longer join the Ethereum Layer-2 network, Linea, as planned. 

Instead, MemeFi will list on Sui's Layer-1 network on November 12. This step is seen as an ambitious new strategy. Remember, this change comes just weeks ahead of the token launch and massive airdrop. 

What is the reasoning behind this decision, and how does it impact users? Let's explore it more deeply.

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MemeFi Switched to Sui Network

Initially, MemeFi planned to launch the token on Linea, a Layer-2 solution developed on top of Ethereum. However, the MemeFi development team decided to switch to Sui after establishing a partnership with Mysten Labs, the main developer of the Sui network. 

This step aims to introduce users to the advantages of Sui. Especially in terms of speed and lower transaction fees compared to Ethereum. 

According to the development team's statement, the Sui network offers a more efficient user experience. This is expected to increase the satisfaction of players and token users.

The partnership with Mysten Labs also brings new marketing opportunities for MemeFi. This collaboration allows them to attract the attention of the wider crypto community while expanding the reach of their games. 

The developers believe that the choice of Sui as a token base will bring long-term benefits to the community, especially since the network is designed to efficiently support large-scale applications and transactions.

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MemeFi Airdrop and Important Schedule

The launch of the $MEMEFI token is scheduled for November 12, 2024, along with the long-awaited airdrop program. Within the framework of the airdrop, the development team will take a snapshot of player activity on November 6 to determine user eligibility to receive tokens. 

The token allocation will be announced on November 8. Players can check their allocation using partial data available in OKEx Wallet.

With this airdrop, MemeFi hopes to provide appreciation for loyal players who actively participate in the community. Pre-market trading for the $MEMEFI token has also begun on the OKEx Futures platform, allowing traders to speculate on the value of the token even before the official launch.

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How Will the MemeFi Switch Impact Users?

The move from Ethereum to Sui is not just a technical change. However, this move is also a strategic statement that positions MemeFi differently from their competitors. 

While many Telegram-based crypto games such as Notcoin and Hamster Kombat opt ​​for The Open Network (TON), MemeFi's decision to list on Sui shows their ambition to reach a wider range of users and seek a more efficient solution in transaction costs.

The impact of this switch for users will be very positive, especially for players accustomed to high gas fees on Ethereum. With Sui known for its scalability, users can enjoy a cheaper and faster gaming experience. 

Additionally, integration with OKEx Wallet makes it easier for users to check and manage their $MEMEFI tokens more transparently.

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Conclusion

With this move, MemeFi shows its commitment to providing a more optimal user experience through a more efficient and cost-effective network. 

Sui was chosen not without reason. Bearing in mind, this network promises significant speed improvements and cost reductions, which is expected to support the long-term growth of the MemeFi ecosystem.

For players and traders, this opportunity with the $MEMEFI token could be a profitable start. Seeing the popularity of MemeFi among the Telegram crypto community, the $MEMEFI token has the potential to become one of the coins in demand. 

This switch shows MemeFi's ambition to go beyond just following trends. However, MemeFi's steps also open a new path by choosing the network that best supports user needs.

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