October 24, 2024 – TON Memelandia has announced the launch of “Memecoin Battles,” a set of community competitions where traders, token creators, and memecoin communities can participate in a prize-based event with a pool of up to $1,250,000. The first season introduces two formats — Cabal Arena and Memecoin Mountain — aimed at promoting engagement within the TON ecosystem.

Developed by the TON Community with support from the TON Foundation and TON Society, TON Memelandia provides a framework for community-driven token initiatives using Telegram’s blockchain infrastructure. The Memecoin Battles will run for four weeks beginning the week of October 28, 2024. Applications will remain open until one week before the competitions conclude.

The Cabal Arena

In Cabal Arena, teams — known as “Cabals” — will compete through trading and meme creation activities. Rankings will be based on performance metrics such as profit-and-loss outcomes and trading volume. The ten highest-scoring Cabals will share a prize allocation of up to $750,000. To encourage skill development, experienced market participants from the Web3 sector will act as mentors and challenge teams during the competition.

More information and registration details are available at cabal-arena.fun.

Memecoin Mountain

Memecoin Mountain focuses on project-level performance. Participating tokens will be evaluated on indicators such as trading volume, market capitalization, holder growth, and social engagement. Projects expected to take part include $DOGS, $REDO, $FISH, and $durev, along with other TON-based tokens. A separate community prize fund of $500,000 may be distributed based on milestone achievements and overall ecosystem activity.

Applications for this category can be submitted through TON Research.

“These battles represent a step forward for community engagement in the TON ecosystem,” said Alena Shmalko, Ecosystem Lead at TON Foundation. “Our goal is to create an environment that combines creativity, collaboration, and competition in a transparent way.”

The Memecoin Battles are intended to encourage participation and showcase the diversity of the TON community through structured, transparent challenges that emphasize creativity and technical skill.

Key competition information