Meme Kombat

Purpose and Utility

Meme Kombat is a blockchain gaming platform that aims to combine meme culture with battle betting mechanics. The platform allows users to place wagers on AI-powered battles between meme characters using the MK token.

Business Model Analysis

The core business model revolves around facilitating betting on battle outcomes, which constitutes gambling. The platform's primary utility is enabling users to place wagers on battle results, making it fundamentally a gambling platform.

Platform Development and Adoption

The project is in its early stages, having just completed its presale phase. The battle arena and betting mechanics are still under development. While there is a roadmap for future features, the current implementation focuses on gambling mechanics.

Token Distribution and Governance

The total supply is 120 million MK tokens, with 50% allocated to the presale. The remaining distribution includes team allocations and liquidity pools. The project implements staking mechanics that offer rewards to token holders.

Revenue Model

The primary revenue stream comes from betting fees and battle wagers, which clearly positions the platform as a gambling service.