Meme Kombat hits $10m presale target, prepares for listing
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Meme Kombat is a web3 gaming platform that recently hit its $10 million presale target.
The platform allows meme characters to battle in an arena, with players betting on the outcomes. It targets three sectors: gaming, betting, and meme coins.
As the presale hit its $10 million hard cap, investors can consider its native token, MK, currently trading at $0.279 before listing.
The Meme Kombat presale grew by over 2,500% over the past three months.
Reshaping gaming with meme battles and betting features
Meme Kombat aims to redefine the gaming landscape by combining meme culture and competitive gaming. The project has a battling ecosystem where players can watch their favorite meme characters go head-to-head in a virtual arena.
What distinguishes Meme Kombat is its betting feature, allowing players to gamble on the outcomes of these battles, enhancing gaming experience.
The platform is set to launch with an 11-character Season 1, followed by Season 2.
Season 1 of Meme Kombat will launch with 11 meme characters, including Milady, Baby Doge, and Doge.
Season 2 is already in the pipeline, bringing in more characters and gameplay dynamics.
The platform’s betting options range from player-vs-player to player-vs-computer modes, offering a realistic and fair gaming experience.
Moreover, Meme Kombat is also known for the high-quality art displayed on its social media platforms. The success of meme coins depends heavily on the strength of their communities. A sense of humor and appealing artwork are crucial in attracting new members to the community.
Meme Kombat’s professional team of designers and developers has captured the attention of meme enthusiasts, appealing to fans of characters like Pepe, Shiba Inu, and Sponge.
Per the Meme Kombat whitepaper, the platform’s roadmap also outlines its plans for further expansions, new game modes, and more partnerships.
Provision for staking
Meme Kombat allows investors to earn passive income by offering staking opportunities to early buyers with an APY of 99% at press time. It’s also worth noting that the staking APY can decline as more tokens are staked.
With over 12,600 stakes and over 39 million tokens staked, the project shows strong investor confidence and potential for long-term success.
The Meme Kombat presale hitting its target of $10 million in just a few weeks further shows investor trust. Also, the platform’s smart contract was fully audited, and no major issues were detected.
With a total token supply of 120 million, the project has allocated 30% for staking and battle rewards, 10% for community rewards, and 10% for decentralized exchange liquidity.
According to CoinGecko, the gaming sector has a market capitalization of around $27 billion at press time. Also, the value of gambling tokens is estimated at approximately $780 million and is on the rise. The meme coins sector is valued at about $22 billion. Meme Kombat is well-suited for this market, worth tens of billions of dollars.
The platform’s mission is to provide an immersive and transparent betting experience, with the growing community and developer engagement on social media.
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