Crypto YouTuber Austin Hilton discussed the presale of a new project, Meme Kombat, which he believes is a strong contender in the meme coin community.
This new project aims to leverage the power and dedication of meme coin communities to achieve its own success. Meme coins have shown that they have the potential to generate significant returns, even in bear markets.
While not every meme coin reaches the same level of success as Dogecoin, Shiba Inu, or Pepe, early investors can still make a lot of money.
Meme Kombat presale raises over $1 million: Is this the next WSM or PEPE?
The meme coin industry saw a new, strong entrant with the emergence of Meme Kombat, which managed to secure $1 million through its native $MK token presale. As it was still in its early stages, investors had the opportunity to acquire $MK at low presale price.
This presented the potential for significant profits if Meme Kombat realized its promise. Early supporters were able to purchase $MK tokens for $0.183 during the presale, and the next pricing tier stood at $0.189. Meme Kombat, contrary to its name, didn’t merely pursue short-lived hype as yet another meme coin.
New price, who dis? pic.twitter.com/AOMuDcDaPM
— Meme Kombat (@Meme_Kombat) November 2, 2023
In actuality, it operated as a gaming platform, offering users various avenues to earn rewards utilizing $MK tokens. These tokens also served for entertainment purposes, including watching popular memes engage in battles, placing bets on the outcomes of these battles, and challenging friends in head-to-head competitions.
The gaming platform followed a seasonal format, taking inspiration from traditional gaming. The initial season revolved around battles featuring 11 of the crypto community’s beloved memes, many of which were associated with well-known meme coins like Doge, Shiba, Floki, and Pepe.
In his video, Austin Hilton provides a step-by-step guide on how to join the Meme Kombat presale. To purchase $MK tokens, simply connect your wallet to the presale website and choose Ethereum or USDT as your payment method. Austin encourages viewers to click the link in the video description to make a secure purchase.
Meme Kombat staking: A chance to earn high rewards on a new meme coin
A central feature that drives the Meme Kombat ecosystem is its staking feature. Staking enables users to earn a good income without much effort by holding onto their $MK tokens and using them for bets in the platform’s meme battles.
According to Meme Kombat’s whitepaper, users have the flexibility to choose how much they want to stake, with the option to allocate some specifically for betting on these battles. Check out our price prediction for Meme Kombat.
About 30% of the $MK supply has been reserved to reward staking, and users have the freedom to withdraw their tokens whenever they want after the official launch. Notably, if you choose to restake $MK tokens, there’s a 10-day lock-in period, meant to discourage frequent withdrawals and maintain the token’s stability.
The passive income you can earn through this staking system is a significant advantage, with annual percentage yields (APYs) going as high as 112%. Interestingly, during the Meme Kombat presale, every purchase automatically stakes tokens, allowing buyers to start earning rewards right away.
Once the platform is officially up and running, holders can claim and actively stake their tokens, and the APY will change based on the size of the staking pool. All in all, this well-planned protocol provides a strong incentive for early adoption, a feature that investors have warmly embraced.
Meme Kombat combines memecoins and gaming with GambleFi integration
Crypto casinos have become one of the blockchain industry’s most promising applications. What’s interesting is that Meme Kombat adds a gamified twist to crypto gambling to better cater to its meme coin-loving audience. Learn our guide on how to buy $MK token.
The project lets users bet on the results of AI-generated battles involving their favorite meme coin characters. There are straightforward game modes that are perfect for beginners seeking a quick match.
For those looking for more excitement, there’s also an advanced player vs. player mode and a player vs. game mode that use traditional odds mechanisms for a thrilling gambling experience. Users can even make side bets on dynamic events like the first move or a specific outcome.
All bets, results, and rewards get recorded and processed on the blockchain to ensure transparency. This appealing use case is enhanced by the strong token utility, as users need $MK to place their bets. When combined with the meme coin appeal, it means there’s significant potential for substantial gains.
Meme Kombat roadmap and tokenomics
Meme Kombat has a five-stage plan in its roadmap. It starts with the ICO launch, and once that’s complete, they’ll launch the platform. Moving forward, the project will have two consecutive seasons. The first season is right around the corner and will bring thrilling battles and leaderboards.
The second season will come next, introducing new battle types, rewards, and opportunities. These seasons are designed to attract players and encourage active participation in the community.
The last stage of the roadmap goes beyond 2023, focusing on community engagement and expansion plans through new seasons, features, game modes, and more.
Now, let’s talk about the tokenomics. In the presale, 50% of $MK tokens will be available, 10% will be set aside for DEX liquidity, 30% for staking and battle rewards, and 10% for community engagement.
In line with the meme coin spirit, this ensures that all tokens end up in the hands of the community, fostering organic long-term price action.
Invest in $MK at memekombat.io.
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