The first meme coin from Chainwire's Polygon PoS studio


London, UK, August 26, 2024, Chainwire

FSL, a leading web3 product development studio, proudly announces the launch of Super Useless Token ($SUT), the studio’s first meme coin on the Polygon PoS network. $SUT is a fun and tongue-in-cheek adventure into the world of meme coins, designed to entertain and engage the crypto community in a whole new way.

Meme coins have proven that community and humor are just as valuable as technical utility. FSL embraces this trend with $SUT, a token that prides itself on its “uselessness” while building a vibrant community experiment centered around fun and creativity. Launching on Polygon PoS gives $SUT the scalability to make an impact as one of the first major meme coins on this rapidly growing network.

“$SUT is our playful leap into meme coin culture, bringing the first major meme coin to Polygon PoS and giving our community something to laugh about and rally around,” said Yawn Rong, co-founder of FSL. “It’s a nod to the power of memes and the vibrant communities that power them.”

Despite its self-proclaimed “uselessness,” $SUT plays an essential role in leveling up MORCHI, FSL’s interactive mini-game. Token allocation includes 10% for liquidity and 20% for marketing, and mining will cease when 70% of the total supply is reached. As users level up MORCHI, $SUT tokens are burned, reducing supply and making the journey entertaining and impactful.

$SUT encourages daily participation through tasks that reward users with tokens. As players reach new levels, they unlock greater earnings and additional features, with key milestones at levels 10, 20, and 30. In keeping with the playful nature of $SUT, future updates will even allow users to make their miners less functional, staying true to the token’s humorous origins.

“We’re thrilled to see $SUT launch on Polygon’s PoS network,” said Greg Labuz, Head of Gaming at Polygon. “$SUT captures the spirit of creativity and community that defines meme coins, and we’re excited to see it bring new levels of engagement and fun to Polygon.”

In a space where every token claims a purpose, $SUT embraces its lack of utility. It’s more than just a token – it’s a movement that invites the crypto community to have fun and engage with the absurd. Whether a user is a seasoned crypto enthusiast or new to the space, $SUT offers a new and entertaining way to get in on the meme coin phenomenon.

$SUT will officially launch on August 27, 2024. Users will be able to own a share of FSL’s first meme coin and the debut of Polygon’s premier meme coin, where uselessness is the new utility.

About FSL:

FSL is a pioneer in blockchain development and gaming, renowned for creating innovative applications that seamlessly integrate technology, entertainment and community. With a portfolio that includes STEPN, MOOAR, Gas Hero, FSL ID and STEPN GO, FSL continues to redefine the way people interact with blockchain technology, making it accessible, engaging and rewarding.

About MOOAR Marketplace:

MOOAR is more than just a marketplace; it is a cutting-edge, gamified rewards system that allows users to earn rewards with every transaction. With a creator-first launchpad and compatibility with multiple blockchains including , , Polygon, and BASE, MOOAR is quickly becoming a go-to platform for NFT enthusiasts. The recent surge in transaction volume, driven by successful FSL projects like Gas Hero, further underscores MOOAR’s growing prominence in the blockchain ecosystem.

About Polygon:

Polygon Labs is a software development company building and developing an aggregated blockchain network via AggLayer, secured by Ethereum. As a public infrastructure, AggLayer will aggregate user bases and liquidity for any connected chain and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely adopted scaling protocols and tools for blockchain launches, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.

ContactHead of MarketingMattina HiwaiziFSL[email protected]

This article was originally published on Chainwire



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