From November 21 to December 16, 2024, TON Memelandia held two memecoin competitions with a large community reward pool.

In the Cabal Arena, teams of traders and memecoin creators battled to launch influential memecoins on TON’s pump.fun-style launchpads, competing for $350,000 in prizes.

On Memecoin Mountain, TON memecoins competed fiercely to scale the leaderboard. Projects with the best trading volume, market cap, diamond hands, holder growth, and community engagement will receive $150,000 in community airdrops.

Competition highlights

Great narratives take time to unfold. Initially slated for four weeks, the competitions were extended to six weeks, giving participants more time to craft their stories and climb the rankings. The extension allowed more traders and creators to participate in the competition.

Each memecoin embarked on an expedition to carve out its narrative on TON. From hidden messages to community-driven utilities, these projects proved memecoins are more than just tokens; they're stories that bring communities together.

Ecosystem impact

The competitions demonstrated TON memecoin potential by:

• Creating vibrant and competitive communities
• Attracting 20K unique traders and memecoin enthusiasts
• Generating $231M+ in trading volume
• Launching 54 new memecoin projects

Memecoin Mountain: the ascent

32 memecoins participated—14 in the Major league and 18 in the Minor league—achieving impressive milestones.

Airdrops:

• Wallets qualified: 518
• Average airdrop reward: $289.57
• Minimum reward: $113.72
• Maximum reward: $980.39

Major league winners:

1. Du Rove’s Wall (@wall_jetton): $45,000
2. Ton Cat (@TonCatonTon): $30,000
3. Resistance Cat (@recaOfficialX): $15,000

Minor League winners:

1. Dark (@darkcoinmeme): $37,500
2. SadMeow (@SadMeowMP3): $22,500

Collective metrics (Snapshot taken Dec 16, 2024, 00:06):

• Total market cap: $476.96M
  • Major league: $461.95M
  • Minor league: $15.01M
• Total trading volume: $111.04M
  • Major league: $82.24M
  • Minor league: $28.8M

Winners will also be eligible for marketing rewards, such as Telegram Ads credits and KOL boosts.

Cabal Arena: the battleground

The Cabal Arena featured strategic planning and notable achievements, with 10 top-performing teams launching seven unique tokens.

Top launched tokens:

1. NIKO reached a peak of $160M market cap
2. ALIVE scaled steadily to a $2.8M market cap
3. LAMBO raced up the mountain to a $1.34M market cap

Key results:

• Total trading volume: $120.88M
• Memecoins launched: 7 unique tokens
• Prize pool: $350,000 unlocked

Top Cabal performers:

1. JETTON Insiders (Score: 25,512)
2. Oxptimus Prime (Score: 2,836)
3. AliveBoard (Score: 2,063)

Top Cabal performers and prizes:

1. JETTON Insiders: $92,000 (26.3%)
2. Oxptimus prime: $66,000 (18.9%)
3. AliveBoard: $44,000 (12.6%)
4. Rekt Squad: $33,000 (9.4%)
5. Mandarin Spartans: $29,000 (8.3%)
6. Lazy Bobs with sponge: $26,000 (7.4%)
7. NEWJET: $22,000 (6.3%)
8. Victorious: $19,000 (5.4%)
9. New Сabal: $19,000 (5.4%)

Driving the value of community-first memecoins

Wrapping up TON Memelandia's first season, we gained crucial knowledge to enhance future events. The competition has established a base for more sophisticated community-driven memecoin endeavors.

Our key takeaways will help refine strategies, support more innovative projects, and continue pushing the boundaries of what memecoins can achieve.

To address concerns about the verification process, through our analysis, we identified irregularities in contest participation, hence the exclusion of certain projects. Among our key verification points were conducting anti-sybil and wash-trading analysis to ensure our genuine participants' interests.

While we celebrate the creativity of our community, we cannot ignore systematic attempts to game the system. Our primary commitments remained:

• Thoroughly validate contest participation
• Maintain ecosystem integrity
• Ensure fair prize distribution

Transparency is a top priority, and with new Memelandia activations on the horizon, we aim to continue developing the memecoin ecosystem on TON.

The Memecoin games have ended for now, but the memes continue to thrive!

Thank you to every participant, trader, community member, and supporter who made this possible.

Links 💎

• https://ton.org/en/memelandia
• https://cabal-arena.fun/
• @tonmemelandia202
• memecoinarmoury/form

Disclaimer: Trading memecoins is highly speculative and involves significant risk. The value of memecoins can fluctuate wildly and may be subject to sudden and unpredictable price swings. Past performance is not indicative of future results. Please do your own research (DYOR) before making any investment decisions.