Meme Kombat ($MK) is a stake-to-earn meme token that offers genuine utility to token holders. You can join an AI-designed battle arena, fight with meme coin NFT avatars, and earn staking and wagering rewards.
Our how to buy Meme Kombat guide provides a step-by-step tutorial for joining the ongoing $MK token presale. We will also cover the use cases of this project, along with the tokenomics and future roadmap plans.
Meme Kombat Presale Key Points
Listed below are a few key points about the Meme Kombat ($MK) presale:
- Launched in September 2023, the Meme Kombat presale is allocating 60 million tokens – 50% of the overall 120 million token supply.
- At press time, $MK can be purchased for only $0.279 per token.
- Investors can stake $MK tokens on a smart contract and earn live APYs of up to 118%.
- Since the presale started, Meme Kombat has raised nearly $8 million. The presale hard cap is $10 million.
How to Buy Meme Kombat ($MK) – Beginner’s Guide
Here is our step-by-step walkthrough on how to purchase Meme Kombat ($MK) on presale:
Step 1: Get a Crypto Wallet
The first step is to download a cryptocurrency wallet that is compatible with the Meme Kombat presale. Meme Kombat is compatible with several wallets including MetaMask, Wallet Connect, Trust Wallet, and Coinbase Wallet.
Choose and download your preferred wallet. While using a desktop/laptop, simply download the wallet as an extension on your browser. Alternatively, you can download the wallet app via iOS or Android.
Step 2: Buy ETH/USDT/BNB Tokens
Before you can purchase $MK, your crypto wallet must be loaded with either Ethereum (ETH), Tether (USDT), or BNB (BNB). Purchase either of these three cryptos from a suitable crypto exchange.
Transfer your holdings to the newly downloaded crypto wallet.
Step 3: Connect the Wallet to the Presale Website
Visit the Meme Kombat presale website and click on ‘Connect Wallet’ – the option will be available right under the order box on the top of the home page. After clicking this option, select the crypto wallet of your choice, and follow the instructions on-screen to connect your wallet to the presale website.
Step 4: Buy Meme Kombat Tokens
Investors can now select the cryptocurrency they wish to make the transaction in. Click on the ‘ETH’ or ‘USDT’ logo on the order box, or select ‘Buy on BSC’ – to make a payment with BNB. After entering the amount of tokens you wish to swap, the website will tell you how many $MK tokens you get in return.
You must purchase a minimum of 50 $MK tokens ($10.7). Click on the ‘Buy & Stake’ option to confirm your purchase. All $MK presale tokens are directly staked on the smart contract after your purchase is confirmed.
Step 5: Claim Your Tokens
Once the presale ends, come back to the presale website to claim your tokens. Investors can choose to continue staking their holdings through the smart contract.
What is Meme Kombat?
Meme Kombat is a multi-use case meme cryptocurrency through which token holders can access a play-to-earn environment, wagering rewards, and in-game benefits. $MK, the digital token, can be leveraged to access the battle arena – a virtual battle environment created using blockchain technology and artificial intelligence.
The battle arena will combine the thrill of meme coins with play-to-earn gameplay and earning opportunities. This virtual ecosystem will feature meme coin NFT avatars battling each other. Players can choose from the various avatars, and enter a play-to-earn environment.
According to the Meme Kombat whitepaper, the battle arena will be released in different seasons. It adopts a similar format to popular online games such as Fortnite. The first season will be released shortly after the presale – and will feature 11 meme coin characters to choose from.
One of the most exciting features of the battle arena will be a wagering mechanism. Players can wager $MK and make bets on the live fights taking place in the battle arena. Some of the available betting modes include:
- Player vs Player (PvP) – Challenge a friend on a 1 v 1 battle and wager tokens on the outcome of the battle.
- Player vs Game (PvG) – Wager on battle whilst fighting against a CPU.
- Side Action Betting – Wager on different battle dynamics such as the first move of your opponent or the specific outcome of the match.
All these gaming elements will come to life by leveraging AI tools such as dynamic visualization – which offers realistic portrayals of battles by offering high-quality imagery. These multiple gaming modes can help Meme Kombat become one of the best altcoins in the coming years.
Get Up to 118% in Staking Yields
One of the reasons why popular play-to-earn projects such as Axie Infinity have declined is due to the lack of utility they offer. To ensure that Meme Kombat does not make the same mistake, the project offers multiple earning opportunities through its $MK token.
One of the main earning features comes through the Meme Kombat staking mechanism. Players can lock their holdings on a smart contract and start generating passive income. At the time of writing, players can earn up to 118% in APYs (Annual Percentage Yields) through Meme Kombat.
The mechanism follows dynamic staking – meaning that the returns depend on the number of tokens you stake, compared to the entire pool. Therefore, the more tokens one stakes, the higher you can earn. At press time, more than 8.6 million tokens have been staked on Meme Kombat. This feature can be handy in promoting long-term holding and limiting volatility.
Investors can also wager a portion of their staked tokens, and continue earning rewards through the battle arena.
Meme Kombat Tokenomics & Presale
Meme Kombat has a low supply of only 120 million tokens. As mentioned above, 50% (60 million) of the supply has been allocated for the ongoing presale.
This supply is far less than popular meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB). The feature may benefit Meme Kombat, as many crypto traders are on the lookout for low supply tokens. A maximum supply cap can help the price to rise, as the demand continues to grow. Therefore, this new cryptocurrency could witness upside momentum in the future.
Meme Kombat has also dedicated a large part of its supply to reward distribution. 30% of the token supply (36 million) will be allocated as staking and battle rewards. A further 10% (12 million) will be offered as community rewards. The remaining 10% (12 million) will be allocated to exchange liquidity.
Interested investors can buy $MK for only $0.279 during the ongoing presale stage. Conducting one of the best crypto presales in recent times, Meme Kombat has raised nearly $8 million in just two months. By the end of the presale, the platform aims to raise a hard cap of $10 million.
The Future of Meme Kombat: The Roadmap
The Meme Kombat project members have created a proper breakdown of all the future events and release schedules of this cryptocurrency. Let’s look at the future plans of Meme Kombat by analyzing the project roadmap:
- Presale Launch – Q3 2023 – The ongoing presale is the current focus of the Meme Kombat team. From this phase, Meme Kombat wants to complete a successful presale – by raising $10 million.
- Platform Launch – Late Q3 2023 – Following the presale, the platform launch will commence the release of the staking and battle features on Meme Kombat.
- Season 1 of Battle Arena – Immediate Post Launch – This phase will focus on the official release of the first season of battle arena. Players can take part in gameplay and climb through leaderboards to earn rewards.
- Season 2 – Q4 2023 – Season 2 of the battle arena will launch new battle modes and introduce new reward-earning opportunities.
- Future Development – Focus on community engagement to attract long-term investors. Work on expanding the project through partnerships and new game modes.
Why Buy Meme Kombat During the Presale?
Listed below are some of the reasons why investors may wish to invest in $MK during the presale:
- High Staking Yields – During the current stage of the presale, investors can stake-and-earn $MK to earn up to 200% in annual yields. As more tokens are staked on the ecosystem, your yields will also reduce. Therefore, investors can make the most of the high staking yields by entering the presale early.
- Early Entry Opportunity – Currently, $MK is priced at only $0.279 per token. On average, cryptos offer an abnormal return of 5.7% on the day of the exchange listing. While there is no guarantee of profits, holding tokens prior to the IEO could be a strategy for high-risk investors.
- Access to Multiple Use Cases – Meme Kombat is more than just another meme coin – it is your gateway to play-to-earn gaming opportunities, high staking yields, and wagering benefits. Meme Kombat will reward community members to create a loyal following.
Meme Kombat Price Prediction – What is $MK’s Potential?
We mentioned above that new crypto exchange listings can lead to a return on investments in the initial few days. However, new tokens also tend to attract large amounts of volatility.
Therefore, one can judge the potential price of a cryptocurrency by studying its utility and benefits. Meme Kombat wants to build a community of investors interested in seeking multiple benefits – whether it be long-term staking benefits or exciting gameplay opportunities.
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Once the battle arena launches, we may get a better idea of the token adoption among investors. Should Meme Kombat succeed in raising $10 million through its presale, a strong exchange opening is on the cards. Given the high returns that many meme coins tend to offer, Meme Kombat could soar by more than 10x following the exchange listing.
However, there is no guarantee of making returns when investing in cryptos. It is important to do your own research before investing in any asset. To stay updated with this project, join the Meme Kombat Telegram channel and follow them on X (formerly Twitter).
Conclusion
Our how to buy Meme Kombat guide has shown investors how to invest in the $MK presale in 5 simple steps. Meme Kombat is a multi-use meme project offering access to an AI gaming environment, wagering opportunities, and staking rewards.
To get started, investors can create a crypto wallet, fund it, and connect to the Meme Kombat presale. $MK can be swapped with other cryptos such as ETH, USDT, and BNB.
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References
- https://www.researchgate.net/profile/Desireh-Ann-Aguila/publication/358277363_COLLEGE_OF_LIBERAL_ARTS_AND_SCIENCES_AXEing_the_Axie_Infinity_AI_The_AI_of_Modern_Gaming_Business_Model_Strategem_and_Global_Economy_Towards_Cryptocurrency_Era_In_partial_fulfillment_of_the_requiremen/links/61fa6581007fb504472f8cec/COLLEGE-OF-LIBERAL-ARTS-AND-SCIENCES-AXEing-the-Axie-Infinity-AI-The-AI-of-Modern-Gaming-Business-Model-Strategem-and-Global-Economy-Towards-Cryptocurrency-Era-In-partial-fulfillment-of-the-requirem.pdf
- https://www.statista.com/statistics/802775/worldwide-cryptocurrency-maximum-supply/
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3450301
- https://memekombattoken.gitbook.io/meme-kombat-whitepaper/