About Meme Asylum Project
Meme Asylum PRESALE: Top Meme Coin Launch on Base Ecosystem
The world of cryptocurrencys is growing fast. The Meme Asylum PRESALE is a new project that mixes fun memes with crypto tokens. It gives people a fun way to join the crypto world and maybe earn rewards. This guide will tell you everything about Meme Asylum PRESALE, its tokens, presale, roadmap, and how to join.
Meme Asylum Details
Meme Asylum is a website and crypto project that works on the Base blockchain. It uses a token called ECT (Ecosystem Cycle Token). ECT is the main token that helps the whole platform work.
The complete project takes place in cycles of 28 days each. A single cycle includes two steps:
- Voting Phase (Days 1–14): Memes are voted for by the users who burn ECT tokens for their choice. This act of voting grants them a multiplier. The multiplier is the key to getting more tokens in the subsequent phase.
- Mint Phase (Days 15–28): Users convert ECT into new meme tokens. The more ECT that is burnt, the larger the number of tokens received. These tokens can later be converted back to ECT. The fewer tokens one has left, the more ECT one receives back.
This whole ecology of the platform makes the process sound like a game and keeps the users involved. Moreover, during this process, the tokens get rarer gradually, which may eventually lead to their increased valueness.
How It Will Benefit the Crypto Space
The Meme Asylum PRESALE can be a big plus for the crypto universe in numerous ways:
- Community Voting: It is the users who will by the means of votes point out which memes shall be tokenized. Thus, users’ leading engagement with the project is created.
- Scarcity Helps Value: Token burning reduces the number of tokens in circulation. And the general rule is that the less supply there is, the higher the price can be.
- Fun Experience: The 28-day cycle is like a game. Users vote and mint tokens, which makes it exciting.
- Learning Opportunity: New users can learn about crypto, blockchain, and tokens by joining the platform.
Meme Asylum Unique Features
Meme Asylum PRESALE has some special features that make it different:
- Cyclic Token Creation: Every 28 days, new tokens are voted on and minted. It keeps the platform active and interesting.
- Multiplier Rewards: Burning ECT in the vote phase gives more rewards in the mint phase.
- Reverse Burning: Users can turn meme tokens back into ECT. The smaller the supply, the better the return.
Community Governance: Users pick which memes get minted. The project listens to the community.
Meme Asylum PRESALE Token
In Meme Asylum PRESALE, the ECT token is the principal one. Its main functions are three:
- Voting: ECT is burned to cast a vote for a meme.
- Minting: ECT is burnt to create new meme tokens.
- Reverse-Burning: ECT is redeemed for meme tokens again. The less meme tokens there are, the more ECT is returned.
This token makes the platform work and keeps users active.
Meme Asylum Whitepaper
The whitepaper is a document that explains how Meme Asylum works. It shows the vision, rules, and token details.
Key points from the whitepaper:
- Cycle Explanation: Shows the 28-day vote and mint phases and how ECT works in both.
- Tokenomics: Explains how many tokens exist, how they are used, and how burning works.
- Community focus: Voting is done by users, and in this way, they take part in decision making.
- Security: The methods that have been used to ensure the safety of the tokens.
The whitepaper is a good source for investors to have a clear view of the project.
Meme Asylum Tokenomics
The tokenomics diagram indicates the division and usage of the tokens:
- Total Supply: The number of ECT tokens may vary according to the different requirements of the platform.
- Sale Allocation: Half of the total token supply is meant for users.
- Liquidity & Listing: 20% is set aside for market-making and liquidity.
- Team: 10% is allocated for the team, who will be rewarded for their efforts.
- Marketing: 10% is to advertise Meme Asylum.
- Development: 10% is for enhancing the platform in the future.
Such a distribution makes the platform to grow and remain stable.
Meme Asylum Team Details
Very little information is available about the team. But the project shows honesty in its whitepaper and communication. The team is focused on building a strong platform.
Meme Asylum Fundraised
So far, Meme Asylum has raised $130,985 in its presale. The soft cap is $1 million, and the hard cap is $2.5 million. This shows people are interested and supporting the project.
Meme Asylum PRESALE Details
Here are the presale details:
- Start Date: The presale has already started.
- End Date: It ends when the hard cap is reached.
- Goal: Raise $1 million to $2.5 million.
- Platform: The presale is on the official website.
- Accepted Currencies: base and USDT.
- Token Rate: The presale terms determine the price of each ECT token.
Meme Asylum PRESALE is an easy event to be part of.
- First, visit the official site: https://memeasylum.com/
- Then. link your wallet, either MetaMask or Trust Wallet.
- Lastly, pick the number of ECT tokens you wish to acquire.
- Finally, approve the buying transaction in your wallet.
Take part in voting and minting to earn rewards.
Conclusion
The Meme Asylum PRESALE is a fun and unique project. It mixes memes, tokens, and games. Users can vote, mint, and earn tokens. The project is community-focused and has smart token rules.