Meme Kombat Raises $8M

meme kombat

Meme Kombat, a provider of Web3 igaming platform, raised nearly $8m in its fundraising campaign.

It has a hard cap target of $10m.

Meme Kombat allows token holders to deposit their tokens in order to take part in the battling and wagering. From their activity on the platform, players can secure various rewards in addition to their winnings from wagering on the outcome of the meme character fights.

The project will launch with an 11-character Season 1, to be followed up with Season 2 at a later date.

Meme Kombat’s Season 1 will be available after the presale is sold out and the project is launched. There are 11 meme characters you can battle with in Season 1: Milady, Baby Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge and Wojak.

Season 2 meme characters will be out just before Season 1 wraps up.

Meme Kombat’s total token supply is 120,000,000, of which thirty percent is allocated for staking and battle rewards, 10 percent for community rewards, and ten percent for decentralized exchange liquidity. Fifty percent of the total token supply is on sale in the ICO.

FinSMEs

05/02/2024