MemeFi Shifts Token Launch to Sui Network Ahead of Airdrop
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MemeFi Shifts Token Launch to Sui Network Ahead of Airdrop

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2 days ago

The developers of the Telegram-based game MemeFi have announced a significant shift in their token launch strategy, moving from the Ethereum layer-2 network Linea to the Sui layer-1 network.

MemeFi Shifts Token Launch to Sui Network Ahead of Airdrop
The developers of the Telegram-based game MemeFi have announced a significant shift in their token launch strategy, moving from the Ethereum layer-2 network Linea to the Sui layer-1 network.
This decision comes just weeks before the anticipated token launch, scheduled for Nov. 12, which will include an airdrop for players.

MemeFi, a tap-to-earn combat game popular on Telegram, previously aimed to launch its token on Linea. However, the team stated that they are collaborating with Mysten Labs, the creators of the Sui network, to enhance their launch strategy and marketing efforts.

The developers emphasized that the integration with Sui is intended to familiarize users with the network’s advantages, highlighting its speed and cost-effectiveness.

The upcoming airdrop will be determined by a final snapshot of player activity on Nov. 6. Developers plan to release details on token allocations on Nov. 8, while they enable players to check their potential allocations using partial data through the OKX Wallet.

In addition to the migration announcement, OKX has begun pre-market trading for the MEMEFI token on its futures platform, allowing traders to speculate on the token's future value.

This move positions MemeFi differently from other major Telegram crypto games, such as Notcoin and Hamster Kombat, which have typically launched tokens on The Open Network (TON).

Originally scheduled for Oct. 9, the token launch date was postponed as the development team reassessed their strategy.

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