A new GambleFi project called Memebet (Memebet) has been making waves over the last week.
It’s the first-ever casino based on meme coin wagering, and is currently in its ICO phase. The Memebet Casino is set to launch during its native token’s presale, having raised over $200,000 in its first week.
The Memebet token is positioned at the crossroads of two thriving areas in crypto – meme coins and GambleFi, making it an attractive investment opportunity.
A Meme Coin Casino With P2E Elements
The Memebet Casino will launch as a no-KYC betting platform on Telegram and the web. It intends to offer degen investors a chance to gamble their meme coins on slots, table games, and sports.
Additionally, participants will have an opportunity to gamble with the Memebet token, which can earn them a share of the Memebet Airdrop campaign rewards. Currently, the airdrop rewards are reserved for investors wagering with Memebet token during the presale, but the team has announced that future airdrops will reward all Memebet Casino regulars.
Memebet’s developers set aside 20% of the total 2 billion token supply for casino rewards, which include its airdrop and lootboxes. Memebet Casino Lootboxes will reward Memebet token holders with numerous casino bonuses, freebies, and real-world prizes.
https://x.com/Memebetcasino/status/1833861074531029467
On top of this Memebet Casino will give its highest-volume players access to its exclusive VIP club – a place for the top bettors to congregate and reap unique benefits. Investors holding the token will have access to unique challenges and exclusive bonuses once the casino launches.
Limited Time to Secure Memebet Token at a Discount
With 70% of the total token supply allocated to the presale, the developers have ensured everyone has a chance to stock up on Memebet token ahead of the casino launch.
Currently, Memebet token costs $0.0252 each, but that price will increase in just under four days. The presale follows a dynamic pricing model, increasing the per-token price as time passes, meaning the current price is the lowest it’ll go during the presale.
Securing a share of Memebet token during the presale is made easy for investors. There’s no minimum investment, and investors can buy the token using ETH, BNB, MATIC, USDT, or a credit or debit card.
Security-wise, the project’s contract has been audited by Coinsult, which found no critical errors. Furthermore, Memebet’s developers dedicate 10% of the total token supply to liquidity, lowering slippage and minimizing the risk of a rug pull.
https://x.com/Memebetcasino/status/1833495667919962329
However, at the end of the day, Memebet is still a meme coin, making community-building and marketing important points in its success.
The team’s work in these areas has paid off so far. The token’s low price and marketing have already helped Memebet amass a 7,500-strong following on X (Twitter) and nearly 4,000 members on Telegram.
Strong Focus on Community & Expert Attention
While the project’s tokenomics favors early investors, its transparent roadmap shows us that the benefits won’t end with the presale.
Currently, the project is at the start of its first phase, marked by the presale’s launch. The casino’s development is in full swing, and a marketing push is attracting new investors.
Stage 2 will see the launch of the casino on the web, quickly followed by a launch on Telegram. Additionally, users will have the opportunity to qualify for their first Memebet airdrop rewards.
In Stage 3, the team intends to wrap up the presale, distribute airdrop rewards, and expand marketing to bring more players in. Additionally, there will be new community initiatives, and we can expect an expansion of eligible meme coins used for wagering.
Stage 4 will introduce the VIP program, complete with unique rewards and exclusive challenges for those holding a significant amount of Memebet. This stage will also add an affiliate program and reveal a second airdrop campaign in which all casino users can participate.
The final stage is set to bring exclusive meme games and competition to the platform alongside a perpetuals trading game that’s yet to be announced in detail.
ClayBro, a crypto expert with over 130,000 followers on YouTube, sees the token’s tie to the casino and unique position in the meme coin space as signs of inevitable success.
Meme Bet Could Soon Lead All Telegram Crypto Games! Get In Early!
He believes the token could 10-100x and advises his followers to look into the presale while the price is low.
Although the crypto market is volatile, Memebet’s unique offering and robust fundamentals could well see the token skyrocket on its DEX launch.