Memebet (MEMEBET) – the first meme coin casino – has raised over $200,000 in funding just 2 days into its token presale.
The Telegram-based crypto casino will offer a full-fledged sportsbook with major leagues like the NBA and EPL and thousands of crypto-native games. The token is geared toward degen investors, looking to tap into what got many investors into the meme coin space in the first place.
Thus far, the presale has been popular with whales, seeing another $50,000 purchase today. Currently, the token is selling for $0.025, however, the presale follows a dynamic pricing model, meaning the price will grow as time passes.
The first price increase will happen in just under 24 hours, giving investors under a day left to get in at the lowest price.
Apart from being used as an investment vehicle, MEMEBET offers a variety of benefits to users who use it to gamble on the casino.
Airdrops, VIP Club, And Exclusive Awards – MEMEBET Benefits
Memebet allocated 20% of the total token supply, or 400 million MEMEBET for their rewards programs. First off, players who use MEMEBET token to wager will be able to gain access to exclusive airdrops. These rewards will be available regardless of whether players access the casino through Telegram or a web browser.
The first airdrop will be available from the casino’s launch, during which the token will still be in presale. Participating is simply a matter of buying into MEMEBET token and using it to wager in the casino. Airdrops after the presale will be open to all casino regulars, with further details to be announced.
One of Memebet’s biggest long-term projects is its lootboxes. These will give players using MEMEBET a chance to win real-life, tangible rewards as well as a variety of casino bonuses.
For players that hold a substantial amount of MEMEBET and high-ticket players, the casino will have an exclusive VIP club. While details are yet to be released, casinos tend to offer a lot of benefits to their biggest players.
Finally, Memebet will implement play-to-earn (P2E) features giving bigger rewards to players that wager higher sums in the casino.
Expert Sentiment Mounts With Argentina Football Team Partnership
One of the biggest factors putting Memebet token in the spotlight is its sponsorship of the Argentina national football team, showing the developers are serious about making the token a success.
Doubling up on this, the developers ran the token through a Coinsult security audit before the presale launched. This, alongside allocating 10% of the token supply to liquidity to minimize slippage and rug pull risk was done to ensure investors feel safe investing in the token.
They’ve also put in effort to make the presale accessible. There is no minimum investment, and the token can be purchased with any one of ETH, USDT, BNB, POLY, or fiat. Tokens made through Ethereum network purchases(ETH, USDT, and fiat) will be made immediately available in the buyer’s wallet.
For a new presale, Memebet has received a lot of media attention from publications and influencers alike. ClayBro, a Youtuber with over 130,000 subscribers covered the token’s launch. He highlights its game variety, lack of KYC, and utility as reasons why the token could grow massively once it launches.
Early successes like this are always good, however, they don’t mean much without a solid plan for the future.
Early Investor Focus Merged With a Long-Term Plan
Memebet token sits squarely at the intersection between online gambling and meme coins. Both of these are thriving industries, the online gambling market is worth a massive $130 billion, with the meme coin market sitting at $38 billion even after the market crash.
Memebet’s tokenomics show a clear focus on early investors, with 70% of the total token supply allocated to the presale. This is further compounded by its dynamic pricing, giving early presale investors the lowest price per token possible. However, the token’s roadmap reveals a thought-out plan for the future.
After Stage 1, the casino will launch on Telegram and development will start on the lootbox system. In Stage 3, the first airdrop will finalize and the casino will add a new wave of supported meme coins. On top of this, marketing efforts will expand and we can expect more community initiatives to hit the platform.
Stage 4 will see the launch of the lootbox system, the start of the second airdrop, and the beginning of Memebet’s VIP club. Finally, Stage 5 will add more coins to the platform, as well as exclusive games and competitions. In this stage, the team will add a perpetuals trading game with details to be announced.
To stay updated on Memebet news and announcements you can join the community on X (Twitter) or Telegram.
