IV. MemeFi Token Economics
$MEMEFI token
$MEMEFI is the core token in the MemeFi ecosystem, with multiple functions including governance, rewards, revenue sharing, revenue farms, and as the main transaction currency in the game. The token has a fixed supply and provides support for the operation of the entire game and ecosystem.
Purpose:
Governance Vote : Holders can participate in Platform Governance through $MEMEFI to decide the future direction of the game.
Character upgrades : Players can use $MEMEFI to upgrade the abilities of game characters.
Profit sharing : Through the Profit Farm, players can earn $MEMEFI.
In-game purchases : In the game, $MEMEFI is the main transaction currency used to purchase items and character upgrades.
$PWR Token
$PWR is a stable virtual token in the game, with a fixed price of 0.001 dollars, mainly used for various in-game activities. Due to its price stability, $PWR is the main tool for measuring the value of in-game items and actions.
Purpose:
Team Battle Activities : including Boss Team Battle and Clan Team Battle.
Other in-game purchases : Can be used to purchase virtual items and props.
Key economy
MemeFi introduces an economic system based on social technology, and the key is the core of this system. Players can earn profits by investing in their own keys or others' keys. The price of the key grows dynamically based on the player's performance, and the system is priced based on a quadratic curve.
Profit path:
Key appreciation : The value of the key increases as the player's performance improves, and the holder can profit by selling the key.
Key transaction revenue : Holders can receive fee sharing from key transactions.
Profit sharing : Key holders will receive a portion of the $MEMEFI earnings based on player performance.
V. Team and financing
Currently, the team and financing information of MemeFi have not been made public, but this may be because they are focusing on polishing the product and optimizing User Experience. As the project develops and the community grows, we can expect the team to share more details about their background and financing situation at an appropriate time. After all, a good product and stable community often prove the potential of the project more than rushing to expose it.
VI. Risk Warning
Insufficient transparency of team and financing : Currently, MemeFi's team and financing situation have not been publicly disclosed, which may make some investors feel uneasy. After all, understanding the people and funds behind the support is an important basis for judging the future development potential of a project.
The market competition is fierce : The competition in the Web3 gaming field is very fierce, and many similar projects are competing for users and the market. Whether MemeFi can stand out among many congeneric products also depends on whether its uniqueness can really attract users and retain them.
Sustainability of in-game economy : MemeFi's economic model is complex and relies on key transactions and interactions between players. If player interest decreases or activity levels are insufficient, it may affect the in-game economic balance, which is a challenge for the value of tokens and the stability of the entire ecosystem.
VII. Official links