Memefi is currently squeezing money from the community like blood.

On Memefi’s homepage, all we see are options to take money from the community. Just yesterday, they introduced a new way to collect money: "Buy 1, Get 2 Free." This is a ridiculous move, and Memefi won’t stop doing it. Due to such projects, the Ton Blockchain is shooting itself in the foot, and this will negatively affect the Ton ecosystem.

How is Memefi Scamming People?

Even if they give you an airdrop, I will still call it a scam, and I’ll explain why with proof in this article.

1. Daily Transaction : Memefi Force us to make daily Transaction 0.2 Ton , which is equivalent to $1.

2. Premium Purchase: They ask you to buy premium access for 1 Ton, which is about $5.27.

3. Daily Spin for Stars: They offer spins through stars, which can range between $1 and $50.

4. New Fraud - Buy 1, Get 3: Now they’ve started a new scam – buy 1 and get 3 for 5 Tons, which is $26.

How Are They Fooling the Community?

The project is supposed to be "Tap to Earn," meaning you tap and earn money. But here, they bring a new event daily, constantly pushing the community to spend money.

Now, imagine someone has spent 6 months just tapping and earning points. When it comes time for the listing, they start selling coins to those who pay. A person who has worked hard for 6 months will feel that someone who just pays 5 Tons will earn 10 times more coins in one day than they did in 6 months. This will make them feel like their hard work was wasted. As a result, they’ll also start buying coins, even if they have to borrow money.

Why Didn’t They Just Do an ICO from the Start?

The real purpose of an ICO (Initial Coin Offering) is to sell coins cheaply before the TGE (Token Generation Event). For example, they might sell 1 coin for $0.001, so if you buy $10 worth of tokens, you know you'll get 10,000 tokens when the TGE happens. You can sell these tokens for profit once the TGE is live.

Memefi is doing the same thing. They’re making you do transactions worth $30 and giving you coins at the TGE. But why did they waste 6 months of our time by making us "Tap to Earn"? Why not just do an ICO and give everyone who bought tokens their coins?

The Reason for This Trap

If Memefi didn’t have this "Tap to Earn" bot and went straight to an ICO, would anyone buy their coin? The answer is no. There are many ICOs happening right now—how many do you know of? The answer is none. Similarly, you wouldn’t have known about Memefi either, and they wouldn’t have raised even $100.

How Did Memefi Commit Fraud?

First, they planned to sell coins through an ICO, but they knew they wouldn’t get buyers. So, they created a bot on Telegram and ran a campaign to gather people.

For 5 months, they got people hooked on the idea of "Tap to Earn" and built a community in the millions. Once they had this large community, they started raising funds from them like an ICO, all while pretending to be a "Tap to Earn" project. Without this trick, they wouldn’t have raised the money. If they wanted to sell points for $30, why did they make people waste 6 months tapping? The answer is simple: because the community is their golden goose.

Who Is Responsible for This?

The answer is Ton Blockchain. Ton is equally responsible for this crime, along with YouTubers who are only interested in earning from referrals.

Ton Blockchain should take action against those misusing the "Tap to Earn" system on Telegram. They should force projects to run ICOs rather than trick people into spending money and wasting time. If someone wants an airdrop, they should just pay for it and get it in 5 minutes instead of wasting months.

Boycott Projects Like Memefi

We need to start boycotting projects like Memefi that exploit the community to collect money. Raise your concerns on Ton Blockchain’s official social media channels.

And most importantly, stop joining through YouTubers’ referral links. If you still want to waste your time, at least open the referral link without their code so they don’t earn from it.

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