Memeland Gears Up for MEME Fire Sale

Memeland Gears Up for MEME Fire Sale
In this post

Memeland announced more details about its exclusive community presale dubbed the "Fire Sale," offering $MEME token lots at a fixed price for a limited duration.

The Deets

  • Event Duration: 28 hours, starting October 25, 2023, 11:00 p.m. ET until October 27, 3:00 a.m. ET. 
  • Pricing: Each lot priced at $300, offering 300,000 $MEME.
  • Allocation: Allowlist members guaranteed lots; Waitlist members to participate in a raffle with potential 6.9X boost.
  • Token Claim: $MEME claimable post-Fire Sale, but must be claimed within 14 days or will be refunded. 

The Bulk

The long-awaitied Memeland Fire Sale is set to last 28 hours and is designed to give early supporters and community members a unique opportunity to acquire $MEME tokens at a set price of $300 per lot, which consists of 300,000 $MEME.

A significant feature of the Fire Sale is its two-tiered system: the Allowlist and the Waitlist. Members on the Allowlist have a guaranteed allocation, ensuring they can purchase their desired lot without the typical sale frenzy. In contrast, the Waitlist is non-guaranteed and operates on a raffle system. Participants paying within the first hour of the Fire Sale get a boosted chance in the raffle by 6.9 times.

When it comes to tokenomics, the Fire Sale will have a supply of 7,590,000,000 $MEME, representing 11% of the total token supply. The initial unlock on Day 1 will be 2.75% of the total supply. Over the next 18 months, the remaining amount will gradually be made available.

❗Why It Matters

The Memeland community has been waiting a long time for the $MEME token and the upcoming Fire Sale and the initial reactions and execution of the Fire Sale may play a crucial role in determining short-term price action for the Memeland ecosystem NFTs. 

💰 Money Talks

The price per $MEME is set at $0.001 based on the initial tokenomics. 

🔜 What's Next?

The Memeland community snapshot will take place in approximately one hour at 11:00 a.m. ET. Purchasing NFTs post-snapshot will exclude participants from the Fire Sale but they will retain airdrop rights. Also, all unrevealed Maps and Valuables will be auto-revealed by the system, and generation of Maps, Valuables, and Potions will be temporarily halted.

🎬 Take Action

For those interested in participating in the Fire Sale, remember to be online when the URL is announced 2 hours before the event.

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