MemeFi is collaborating with Mysten Labs to deploy the capabilities of the Sui blockchain for a token launch in November. Using Sui’s Layer 1 blockchain, MemeFi integrates Sui’s Move programming language, designed for secure and efficient transactions.
Following recent network changes, the MEMEFI token launch is now set for November 12th with an on-chain claim event. It was originally scheduled to debut on October 9th, but was postponed due to internal adjustments.
MemeFi will conduct a final snapshot of player activity on November 6th and finalize token distribution for the airdrop, with the final allocation expected to be announced on November 8th. In the meantime, players can use preliminary usage to “pre-check” their expected allocations through their OKX wallet. data.
Source:X
Additionally, this partnership will allow MemeFi to gradually introduce on-chain tools, maintain user engagement post-launch, and provide additional incentives to the community. Mysten Labs will also support MemeFi’s marketing efforts and provide product expertise to the project.
MemeFi described Sui’s technology as “a technological miracle that delivers cheap, fast transactions with unlimited scalability.”
The integration also brings exciting updates like airdrop campaigns and new in-app features, creating a smooth experience for MemeFi’s large user base of 60 million players and 21 million Telegram followers.
In other news, MemeFi’s $MEMEFI token is now available for pre-market trading on OKX, providing early access to the community ahead of the official Token Generation Event (TGE).
After MemeFi partnered with Binance on October 7th to launch a $150,000 prize pool for its community with great rewards including four Franck Muller watch brands and 20 iPhone 16 Pro Max smartphones. This amount is insufficient.
By listing $MEMEFI on multiple exchanges, MemeFi aims to provide users with an early trading experience prior to full market release.
Also Read: MemeFi October 25th: Secret Tap Combos and Video Codes
