MemeFi Roadmap Details, Read More!

Bittime - MemeFi has an interesting roadmap. They started it on April 9 2024. So, what are the details of the MemeFi roadmap? Read more here!

MemeFi is not present as an ordinary game. This crypto game offers a unique concept that combines crypto meme culture with GameFi innovation.

Want to know more about MemeFi? This article will discuss this, starting from what MemeFi is, the tokens used, their roadmap, to the conclusion.

What's that MemeFi?

MemeFi is a blockchain web-based game built on crypto meme culture and offers a fresh concept compared to other GameFi games. Players will get prizes in the form of NFTs and in-game tokens for completing missions and leveling up.

MemeFi not only offers fun playing, but also introduces social technology into the game. Characters in the game are represented by tokens called "keys" - similar to the Friend.tech concept (more on this later).

Interestingly, ownership of this key provides benefits for the owner and the players they sponsor. Key owners can invest in players and profit from their winnings. Not only that, this key can also be traded.

MemeFi's public testing is now underway, which means players can try the game and benefit from the testnet program.

Getting to Know Tokens on MemeFi

MemeFi uses a multi-token economic system, where each token has its own function to ensure the smooth running of the game and the game ecosystem. The three main tokens that control the MemeFi game are:

• MEMEFI
• PWR
• TOYBOX

MEMEFI: Multipurpose Token

MEMEFI doubles as MemeFi's governance token and primary utility token. As a governance token, MEMEFI holders are members of the DAO that regulates the running of the game.

The more MEMEFIs they have, the more influence they have in decision making. Through the governance portal, token holders can discuss and vote on important matters related to the project's technology and finances.

In other words, MemeFi returns ownership of the game to the players, so that they can also determine the direction of the game's development.

MEMEFI is also used in games. Character key purchases, progression items, and key trading commissions all use MEMEFI. Approximately 12% of MEMEFI's total supply is allocated to community development, with 8% dedicated to user and contributor incentive programs.

19% is allocated to the MemeFi treasury, while the project team holds 10% of the total supply. Team allocations have a vesting period of 18 months with a cliff of 12 months.

This means they cannot immediately sell all the tokens they own. Lastly, 26% of the total supply is used to run the in-game economy.

PWR: Test of Strength of Character

PWR is the token for the core activity in the MemeFi game. PWR controls the course of the game and according to the project, the PWR value will be kept stable.

PWR serves as a measure of character strength and determines the privileges and resources available to each character at each level of play. PWR is used for individual attacks and participation in clan raids, and can be purchased in-game.

Each character has a maximum PWR limit that they can accommodate. Each character's maximum power is a fixed percentage of the maximum amount of PWR they can ever have. PWR can also be used for other in-app purchases.

TOYBOX: Token Karakter MemeFi

MemeFi introduced the third token in their ecosystem, namely TOYBOX. TOYBOX tokens are ERC-404 standard and are specifically designed to support the game and provide additional capabilities for players.

The ERC-404 standard itself is a new token creation model that combines the functions of fungible and non-fungible tokens.

According to the project, the ERC-404 TOYBOX token will represent a playable character on MemeFi. While ownership of a TOYBOX is not mandatory to play, ownership of this token is highly recommended.

Total TOYBOX supply is 8,888, with complete TOYBOX plans to be announced and implemented during the testnet and beta phases.

Detail Roadmap MemeFi

As explained previously, MemeFi has an interesting roadmap. Following are the details:

Conclusion

MemeFi offers an interesting crypto gaming concept by combining meme culture and GameFi innovation. The use of a multi-token system makes the in-game economy run smoothly.

With a clear roadmap and engaging community, MemeFi has great potential to become a successful crypto game. Wait for the continuation of this article to discuss the details of the MemeFi roadmap.

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