The next potential sensation in the world of cryptocurrencies, similar to Dogecoin or Shiba Inu, could be the meme battle platform Meme Kombat. This startup has already raised an impressive amount of $415,000 to kickstart its Initial Coin Offering (ICO). With a quarter of the way towards its initial goal of raising $1 million, Meme Kombat is targeting three of the most lucrative sectors in the cryptocurrency universe: gaming, meme coins, and staking.
Meme Kombat is developing a gaming ecosystem where popular meme characters come together to battle, and users are allowed to bet on the outcomes. The range of products offered by Meme Kombat reinforces its distinctiveness from meme coins like Dogecoin, which lack redeemable utility features. Shiba Inu, on the other hand, shows more promising performance in this aspect. However, the transition to gaming has proven to be a gradual and complex process in its case. As a meme character battle platform, Meme Kombat can attract a diverse audience, regardless of their affiliation or even the absence of it in any specific community. The platform is structured based on a completely decentralized Web3 architecture, implying that trust and transparency are fundamental and firmly incorporated into its essential infrastructure.
Meme Kombat’s gaming and betting platform also offers a low-risk passive income source. Unlike Dogecoin, which has limited utility, Meme Kombat offers the possibility of staking, providing users with a chance to earn and secure a passive income. Currently, stakers receive an attractive Annual Percentage Yield (APY) of 112% (more information below on staking). In finance, including the cryptocurrency universe, it is important to note that the higher the yield, the higher the level of risk involved. However, in the context of Meme Kombat, the risk is kept at a reduced level, as the yield comes from tokens specifically allocated to reward the community.
A “staking” panel that will show the real-time total amount of coins staked in the pool will soon be available. Until then, pre-sale buyers have the option to stake their coins immediately to start earning. The Meme Kombat token ($MK) can be acquired today for $1.667. Additionally, interested individuals can stay updated on Meme Kombat news through X (former Twitter) and the Telegram channel.
Season 1 will be launched immediately after the pre-sale, featuring 11 meme characters. The highly anticipated Season 1 of Meme Kombat will be launched immediately after the successful completion of the pre-sale phase. In Season 1, enthusiasts will find a total of 11 charismatic meme characters ready for battle: Milady, Baby Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge, and Wojak. Players have the freedom to bet on any meme character they believe will win, whether to follow their favorite or take a riskier choice.
The betting sector is an industry of enormous proportions. According to data compiled by Statista, the online gambling market is projected to reach $95 billion by 2023, with a forecasted compound annual growth rate of 8.54% for the next four years. This translates into an estimated market size of $131.90 billion by the year 2027. Blockchain technology plays a critical role in offering verifiable randomness and other functionalities that enhance trust and security. Therefore, Meme Kombat’s market position is truly unique and highly optimized. Unlike most meme coin projects, Meme Kombat has undergone a security audit of its smart contract. Potential buyers will be pleased to know that the audit was successful, with no major issues detected. The battle cards of Season 1 will soon be followed by the exciting Season 2, scheduled to be launched in December 2023.
A total supply of 50% of tokens is being made available during the pre-sale, with 30% allocated for staking and battles, 10% reserved for community rewards, and the remaining 10% allocated for liquidity on the decentralized exchange. The total token supply is 12 million, and the maximum fundraising limit has been set at $10 million, which is a relatively modest amount for a project with such a vast total addressable market. Therefore, investors should act promptly to secure their participation.
Meme Kombat has a strong marketing campaign behind it. News about the huge potential for appreciation of Meme Kombat is spreading rapidly. This new cryptocurrency project has been featured on a variety of respected cryptocurrency news websites, including FXStreet, Decrypt, Coincodex, Cointelegraph, and CryptoSlate. YouTube cryptocurrency analyst Joe Parys, with 382,000 subscribers on his channel, has selected Meme Kombat as one of his top 5 meme coins for 2024 and beyond. Michael Wrubel has also expressed optimism about Meme Kombat’s prospects in a recent video shared with his 310,000 YouTube subscribers. Meanwhile, the Crypto Gains channel team is predicting a 10x potential appreciation for buyers of the $MK token. Another analyst, this time pre-sale expert JacobCryptoBury, highlights Meme Kombat as one of the top 3 cryptocurrency pre-sales to consider in October 2023.
It’s also worth noting that Meme Kombat is “doxxed,” meaning its founder Matt Whiteman, the Chief Operating Officer of Dutch-based company North Technologies, a trading and NFT analysis company, is public and known. Likely due to Whiteman’s established presence in the NFT space, the Meme Kombat team reports generating significant interest in Web3 venture circles.
Disclaimer: This article is purely informative and does not constitute investment advice or an offer to invest. CriptoFacil is not responsible for any content, products, or services mentioned in this article.