MemeFi Breakpoint Thread Part I. Where we are

No, the news is not about the Telegram app!

So mush has happened since the start of the Alpha Test! We've run the numbers and they are staggering.

>2M Telegram app users
1.3 million website visits
440K Alpha Test users
70k DAU

We're growing exponentially. It's not about the numbers though.

Partnerships �

We've come really far in terms of who we're building with.

Linea, Galxe, CARV and Nomis are some of the names of top projects we've been working with.

We've also collaborated with many more amazing teams across Web3, including Manta Network, Beam and Notcoin!

Festival

The collaborations were part of a Galxe Festival where users were tasked with complex native and partner quests in order to obtain Degen IDs.

Almost 100k users took part in over 18 quests, some of which were definitely expert level. Now that you've got your prizes we'll make it official. The quests are key in incentivizes distribution.

We're also ending the current format of the ticket incentives in a few days.

Alpha Test and Incentives

The numbers we're seeing are a testament of a great trust from our community. It's given us a high bar and we intend to respect it.

The Alpha Test has shown we need to work on lots of stuff including major bug fixes, account abstraction and introduce a number of new features. We are almost ready to push major updates to production, but they will still need more polish.

The official end date of the Alpha Test and the incentives program is May 1. We value your contribution and going to reward it as long as the Alpha Test continue.

Changes

We increase the incentives supply by 0.5%. We will also give a 2X multiplier to points for all the users that started playing MemeFi before 12:00 UTC today.

More to come

Our vision for MemeFi is a game with tons of social elements that spur engagement. We're in attention economy and that's why social apps are so important.

We're going to continue to move in this direction, with new, yet announced social features you'll love to see.

We haven't revealed a lot on where we are at. That's coming in the next thread that is dropping soon.