March 13, 2024
Memeinator, based in Charlestown, Saint John Figtree, Saint Kitts and Nevis, has raised over $6.5 million as it approaches the final stage of its Initial Coin Offering (ICO). The presale is currently in stage 19 out of 20, with a price of $0.0276 per token. The Memeinator team expects the presale to sell out quickly. Memeinator's concept focuses on eliminating derivative meme coins through its "Meme Warfare" game. In this game, players control the Memeinator, battling enemy coins to remove weak coins from the market. The official game is set to launch beta tests in Q2, exclusively for early adopters.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Category |
---|---|---|---|---|---|
Memeinator | Mar 13, 2024 | $6.5M | Initial Coin Offering | $14.2M | Web3 |
Memeinator's community-centric approach has been integral to its strategy. It involves its community in decision-making processes through AMAs, competitions, and surveys. This involvement has driven significant engagement, with over 160k followers across social channels and a reach of over 15 million people. Memeinator's governance token, $MMTR, is available for purchase on the official website. The token supports the platform's deflationary tokenomics, with quarterly token burns to maintain its value. Nearly 130 million tokens were scrapped after a community vote in December last year, demonstrating the project's commitment to its deflationary model.
Memeinator aims to leverage the rapidly growing GameFi industry, projected to be worth $38 billion by 2028. The Meme Warfare game aligns with this industry, targeting a global user base of crypto gamers. Influenced by factors such as the anticipated Bitcoin halving, the broader crypto market's bull cycle also presents a favorable environment for Memeinator's public trading.
About Memeinator:
Memeinator is a Web3 project focused on eliminating low-utility meme coins. It offers a deflationary token, a highly engaged community, an NFT collection, and an AI-powered video game. Memeinator's mission is to provide utility and value to its community, aiming to surpass its rival meme coins and achieve a significant market presence.
Website:Â https://memeinator.com/
X Account:Â @TheMemeinator__
X Followers today:Â 106.7k
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