MemeFi Announces Criteria for Upcoming $MEMEFI Airdrop

MemeFi, a prominent player in the cryptocurrency gaming sector, has revealed the criteria for its forthcoming airdrop of the $MEMEFI token. This airdrop is set to distribute a substantial 85% of the total token supply to its Telegram user base, with an additional 5% allocated to the Web3 community, as stated in the company’s announcement.

The eligibility criteria for Telegram users include two primary conditions: the total value of all purchases made and the amount of coins held by the participants. Users can qualify by meeting one of these criteria. However, only those possessing a specified minimum number of coins will be considered for the airdrop. The top participants will receive rewards in a non-linear manner based on the total number of coins they hold.

Furthermore, additional eligibility factors for Telegram app users encompass participation in on-chain transactions, engagement in giveaways, and membership within MemeFi Premium. The allocation for Telegram users is notably larger owing to the platform’s extensive user base.

For the Web3 community, the 5% token allocation stipulates particular requirements such as earning testnet and mainnet points and owning specific non-fungible tokens (NFTs). Additional criteria include holding ERC-404 branded NFTs, Website Fortune Wheel tokens, Elite and Royal NFTs, and having a Discord OG role. Meeting any of these conditions renders individuals eligible for the airdrop.

In terms of distribution methods, the testnet airdrop will adopt a non-linear strategy with a minimum requirement of 2,000 points. In contrast, the mainnet airdrop features a tiered structure with five user classes based on points, yet it does not entail a cutoff. Additionally, a Galxe airdrop will be conducted, with calculations based on the supply allocated for the Galxe quest.