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The Meme Cake marketplace alpha testing phase has already begun and the full launch is scheduled to take place on April 20th. 200 lucky members received the chance to test the marketplace and the opportunity to share 5 million in $MCAKE, the native platform token built on the Solana blockchain. The marketplace launch is powered by Chainlink and Solana, with Internet Computer Protocol integration set to occur during this year’s third quarter.
$MCAKE is similar to $BNB on Binance, and holders will receive a slew of perks, including lower trading costs among other features. People can earn $MCAKE via mining on the marketplace, staking, engaging on the website, participating in private and public sales, and purchasing them on the secondary market. Furthermore, $MCAKE will begin trading on Raydium first, but it will soon be listed on additional centralized & decentralized exchanges.
The origin NFT of Meme Cake is named ’Rich’, and it can be acquired from the Entrepot ICP NFT marketplace. Investors new to the ICP ecosystem must first create a wallet, then fund their wallets via centralized exchanges. After that, customers may connect their wallet to Entrepot and finally acquire the genesis NFT.
Holding the genesis ‘Rich’ NFTs will provide several benefits, including staking incentives, participation in the impending proof of burn protocol for $MCAKE, and a 1:1 Icy Pete airdrop as well as future multichain airdrops. Also, there are incentive systems in place for burning high NRI % (rarity index) Rich NFTs - the greater the NRI % displayed on Entrepot, the more $MCAKE users may earn throughout the NFT burn process.
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