Memeland Ready to Launch $MEME Token, Here's the Token Distribution!
2024-10-21Bittime - Memeland, a project created by 9GAG, successfully held a Fire Sale that sold out within 40 minutes and grossed $10 million in one hour.
Currently, Memeland is preparing to launch the $MEME token. Read this article to find out more!
Memeland and $MEME Token
Memeland is a project created by 9GAG, a popular meme-based entertainment site from Hong Kong that was launched in 2008.
Since its founding, 9GAG has built a huge follower base, with over 200 million fans across various social media platforms.
Memeland has launched various successful NFT projects, such as Captainz, Potatoz, and MVP.
Seeing opportunities in the Web3 world, 9GAG announced the Memeland project in April 2022. Now, 9GAG is preparing to launch the $MEME token.
Read Also: Tokenomics Memeland Airdrop, Check Out the Allocation
$MEME Token Tokenomics
The total supply for the $MEME token is 69 billion. The initial price of each $MEME token is set at $0.001 USD.
On the first day, approximately 2.75% of the total supply will be unlocked, and the remainder will be unlocked gradually over the next 18 months. Following are the details of the $MEME token distribution.
1. Private Sale: 10% of the total supply (6.9 billion tokens) will be distributed exclusively to Memeland Captainz holders.
2. Contributor: 20% (13.8 billion tokens) will be allocated to partners and team members involved in the development of Memeland.
3. Fire Sale: 12% (8.28 billion tokens) for certain allowlist and waitlist participants.
4. Airdrop: 25% (17.25 billion tokens) will be distributed via airdrop.
5. Ecosystem Fund: 33% (22.77 billion tokens) will be used to support the Memeland ecosystem.
$MEME Token Allocation
Memeland provides different allocations of $MEME tokens depending on the NFTs held in the project's ecosystem. The following is the allocation offered by Memeland.
1. MVPs: Guaranteed to get 12 lots per NFT.
2. CAPTAINZ: Allocation adjusted by species.
3. ALIEN: Earn 10 lots per NFT.
4. KAIJU or KONG: Get 3 lots per NFT.
5. SHARK or KRAKEN: Get 2 lots per NFT.
6. HUMAN or UNREVEALED: Get 1 lot per NFT.
7. POTATOZ: One lot per NFT for lucky deposit wallets in the POTATOZ category.
Additionally, full crew and super crew members will get additional benefits, namely one extra lot per NFT for full crew members, and 12 additional lots for super crew members. They will also get exclusive access to private sales.
Read Also: What is Memeland Airdrop? Airdrop for $MEME Token?
$MEME Token Airdrop
One of the interesting features of Memeland is $MEME Farming, designed to encourage community involvement. By taking part in various quests, community members can collect MEMEPOINTS.
These points become a kind of digital asset in the Memeland ecosystem and can be used to unlock various incentives.
Although full details regarding the MEMEPOINTS rewards have not been revealed, many suspect that these points will lead to a $MEME airdrop that will take a snapshot on October 25 at 22.00 WIB.
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