What is MemeFi, the viral tap-to-earn game on Telegram?

What is MemeFi?

As a seasoned gamer and crypto enthusiast with over two decades of experience under my belt, I must say that MemeFi has piqued my interest like no other project has in recent years. The blend of gaming, DeFi, and NFTs is nothing short of revolutionary, and it’s clear that the team behind this project has a deep understanding of what makes a game truly engaging and rewarding for its players.

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MemeFi is a fun and engaging game on the Telegram platform where you can earn rewards just by tapping. This game cleverly blends popular meme culture, entertainment, and financial compensation, making it an exciting experience for participants.

Initially planned for release on Ethereum’s Layer 2, MemeFi was ultimately unveiled on the Sui blockchain in November 2024 instead. This platform was conceived with the aim of making cryptocurrency adoption fun and engaging, inspired by the growing enthusiasm for memes and decentralized finance (DeFi). Players engage with amusing memes, competing against each other to earn tokens, which boosts the game’s appeal.

MemeFi offers an enjoyable gaming adventure by leveraging Telegram’s expansive user network and bot technology. Players can register, interact with bots, and engage in various tasks. The platform promotes a community-oriented setting, positioning MemeFi as a distinctive mix of entertainment, creativity, and earning prospects within the burgeoning crypto-gaming sector.

In MemeFi, gameplay mainly involves battling bosses either solo or as a team, and the power of these bosses is represented by the PWR token, which serves as an in-game currency. To help you overcome these challenging opponents more efficiently, booster items are available to amplify your strength.

Did you know? You can trade memecoins on centralized crypto exchanges. Till Nov. 25, 2024, the highest price paid for MEMEFI was $0.01127, recorded on Nov. 22, 2024.

Components of MemeFi gameplay

In MemeFi, you have the opportunity to confront formidable foes, pick a guild that suits you, and take part in activities driven by the community. You’ll partake in fights, ranging from one-on-one duels to colossal guild raids, all while enjoying the game and earning rewards.

Boss fights and clans

In this game, you primarily attack bosses by simply touching the screen, which also awards you coins. Engaging in more fights increases your possible prizes. Additionally, you have the option to team up with other gamers in humorous clans to battle bosses together.

The collective might of a group relies significantly on the personal prowess of its individuals, as this plays a crucial role in deciding the results of their battles or raids.

In this context, “Memelords” are the leaders within a group or clan, individuals who have demonstrated exceptional skills and earned their positions through their performance. These Memelords hold the power to adjust the rules and shared beliefs of the group.

Raids

In MemeFi, you have the opportunity to engage in two distinct types of attacks: Boss and Clan raids. Boss attacks are player-versus-environment (PVE) scenarios where fresh bosses emerge each day. Players take on one boss daily, with the challenge’s level increasing according to its power. Overcoming these bosses results in valuable rewards for the clan, which are shared among members based on their individual contributions.

Instead of that, let me rephrase it for you: Clan wars, conversely, are player-versus-player (PVP) events where different clans face off directly. These conflicts are started by clan leaders and offer a six-hour timeframe for participation. The victorious clans seize resources from their defeated opponents, thus reducing the power of the losing side.

Boosters

Tapping repeatedly drains your energy, and MemeFi limits this to 1,000 taps consecutively. It’s essential to pause occasionally to recharge your energy levels.

In other words, MemeFi comes with both free and premium enhancers known as “boosters.” The complimentary ones, labeled “Turbo,” can significantly multiply the damage inflicted on bosses by a factor of ten once they’ve recharged. Meanwhile, the paid boosters not only enhance your damaging capabilities but also speed up the recharge time of these abilities.

Search for “@memefi_coin_bot” on Telegram to locate the game. 

Tap “memefi_coin_bot” and then click “Start.”

To start playing the game, tap “Play & Earn.” 

Agree to the terms and conditions, and the game’s home screen will appear.

Tap the screen to make the boss lose health. You need to exhaust the boss’ health to eliminate them.

Join clans and execute clan raids on bosses.

Key features of MemeFi

MemeFi unites the enthusiasm for meme coins with exciting gameplay. This platform encourages competitive spirit within the community, offering rewards for active participation and teamwork among those who love meme coins.

Memelands

In the lively world of MemeFi’s virtual landscape, Vice City stands out as a bustling, meme-driven metropolis full of excitement. Players navigate this city using an interactive map, delving into various locations, engaging in combat with adversaries, and pursuing chances to gather MEMEFI tokens. The map is crafted to motivate exploration and reward discoveries.

Raids by clans

As an analyst, I find the clan raid mechanism in MemeFi fascinating. It’s a unique aspect where I, as a player, can join forces with other members of my tribe to seize valuable assets from rival clans, earning substantial rewards in the process. Not only do we get to raid others, but we are also rewarded for defending our own clan from potential attacks. Achieving success in these clan raids and defenses necessitates strategic planning, organization, and teamwork.

Incentivized gameplay

In MemeFi, the game mechanics are set up to recognize and honor players who excel and reach the highest positions on the leaderboard. This leaderboard evaluates participants according to their in-game accomplishments, which include winning battles, amassing loot, and leading clans. The top-tier players are then rewarded with MemeFi coins and special in-game benefits.

Private and clan chats

In MemeFi, you have the chance to engage with fellow gamers through clans and private conversations. The social aspects, like players strategizing together, forming alliances, and forging lasting friendships, add an extra layer of involvement. It also offers opportunities to connect, share gameplay advice, and learn new strategies.

Leadership and clan ownership

In MemeFi, participants are motivated to strive for leadership roles within the game. As a clan leader, you’ll relish the esteem of commanding a team and the monetary perks that accompany it. As the chief of your clan, you can charge entrance fees from players seeking membership. Additionally, you have the power to organize clan raids and seize the treasures of rival clans. In MemeFi, having a clan gives you the power to shape events around you.

Did you know? As of Nov. 25, 2024, battle outcomes in MemeFi are determined probabilistically. Victory isn’t guaranteed, and defeats result in the loss of PWR. The chance of winning a battle is calculated based on the strength of your character and the boss.

Roadmap of MemeFi

The progression of MemeFi will occur across different stages: establishing the base, growth, and widespread use.

Phase 1: Foundation (Q4 2024)

• Token launch
• Implementation of staking and burning mechanics
• Launch an ML-powered advertising network

Phase 2: Expansion (Early 2025)

• Multichain support and decentralized finance (DeFi) integration
• Launch of a memecoin battle platform
• Establishment of Telegram-based prediction markets
• Expansion into non-fungible tokens (NFTs), comics and merchandise

Phase 3: Mass Adoption (Late 2025)

• Launch of standalone apps for iOS and Android
• Development of real-world memecoin initiatives
• Further expansion of the gaming ecosystem

Tokenomics of MemeFi and in-game tokens

MemeFi’s token-based economy, which includes the MEMEFI, PWR, and TOYBOX tokens, fuels various game activities such as decision-making, gaming, and character advancement within the game.

Token distribution in MemeFi

The token distribution in MemeFi is allocated as follows:

• Community development: 12%
• User and contributor incentives: 8%
• MemeFi treasury: 19%
• Team allocation (18-month vesting with a 12-month cliff): 10%
• In-game economy: 26%

In-game tokens in MemeFi

MemeFi has a multi-token economy, with all tokens having a distinct role:

MEMEFI

MemeFi’s token, MEMEFI, serves as both its governance and primary utility token. By holding MEMEFI, users become part of a decentralized autonomous organization (DAO), allowing them to vote proportionally on significant technical and financial decisions that influence the project’s course. Additionally, you require MEMEFI tokens for purchasing character keys, progression items, and paying trading fees.

PWR

In the game MemeFi, the PWR token serves as the primary source of power for core actions. It represents a character’s strength and grants access to essential abilities during conflicts and invasions. Players require PWR for personal attacks and participation in clan raids. The worth of PWR stays consistent within the game, and players can directly acquire it while playing. Each character has a set limit on how much PWR they can store.

TOYBOX

TOYBOX has been introduced to support the MemeFi team’s goal of creating deeply liquid GameFi assets. The token will represent MemeFi playable characters. It is the first ERC-404 token integrated into a gaming environment. ERC-404 is a token standard that enables the creation of semi-fungible tokens (SFTs) on the Ethereum blockchain.