MemeFi
by MemeFi Labs
Sui
Linea
Solana
Quick Fact
MemeFi leverages a multi-token economy—MEMEFI for governance and game progression, PWR for combat capabilities, and TOYBOX (an ERC‑404 semi-fungible token) for character assets. Originally launched on Linea L2 via Telegram, the MEMEFI token migrated to Sui in Q4 2024, empowering over 55 million users and 10 million on-chain wallets during its viral tap-to-earn growth phase.
MemeFi is a decentralized, Telegram-integrated GameFi ecosystem built on the Sui blockchain. Designed for accessibility and mass adoption, MemeFi introduces tap-to-earn gameplay combined with DeFi infrastructure, NFT utilities, and a multi-token economy. With an emphasis on community participation and on-chain transparency, the platform leverages Telegram’s reach to onboard users into web3-native gaming and decentralized finance.
Platform Architecture
Tap-to-Earn Gameplay
MemeFi’s core experience is centered around a tap-based mini-game where players engage in repetitive interactions to earn tokens and power-ups. Gameplay is delivered directly via Telegram bots, minimizing onboarding complexity and enabling viral, social-driven engagement.
Multi-Token Economy
MemeFi operates on a tri-token system:
MEMEFI — The primary governance and progression token
PWR — Used for energy, attacks, and in-game mechanics
TOYBOX — An ERC-404-inspired semi-fungible token representing NFT characters and items
Each token serves a distinct purpose within the economy, allowing for layered monetization, progression, and governance.
NFT Integration
MemeFi supports NFT-based avatars and assets that grant in-game utility, stat boosts, and staking functionality. All NFTs are minted and traded on Sui, ensuring low fees and high performance. Future support for ERC-404-style hybrid tokens aims to merge NFT uniqueness with token liquidity.
DAO Governance
Holders of MEMEFI can participate in decentralized governance through MemeFi’s DAO structure. Proposals may include game mechanics, economic adjustments, treasury allocation, and feature rollouts. Voting is enforced through weighted token-based participation.
Technical Infrastructure
Built on Sui
MemeFi migrated its token and ecosystem to the Sui blockchain in late 2024, citing performance, gas efficiency, and composability as primary motivations. All gameplay rewards, token balances, and NFT interactions are recorded on-chain using Sui Move smart contracts.
Telegram Bot Architecture
The user interface is delivered natively through Telegram bots, which communicate with off-chain game logic and sign transactions via embedded wallet connections. This model reduces friction while preserving user custody and crypto integration.
Tokenomics Overview
Token: MEMEFI
Supply: Fixed at 1,000,000,000
Circulating: ~750,000,000 (as of 2025)
Allocation: Community rewards (55%), Treasury (20%), Team (15%), Liquidity (10%)
Additional tokens (PWR and TOYBOX) have dynamic issuance based on gameplay and are capped per epoch to manage inflation.
Adoption Metrics
Telegram Users: Over 10 million active participants
On-chain Wallets: 5.2 million Sui-based wallets generated
Transactions: 150+ million cumulative gameplay-related transactions
NFTs Minted: Over 3 million character assets and seasonal collectibles
Strategic Vision
MemeFi’s roadmap includes the introduction of PvP game modes, guilds, cross-chain NFT composability, staking programs, and an in-app marketplace. Long-term plans focus on turning MemeFi into a decentralized gaming layer for the Telegram superapp economy.