FSL Launches Super Useless Token ($SUT): The Studio’s First Meme Coin on Polygon PoS

London, United Kingdom, August 26th, 2024, Chainwire

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

Meme coins like Dogecoin and Shiba Inu have shown that community and humor are just as valuable as technical utility. FSL embraces this trend with $SUT, a token that proudly boasts its ‘uselessness’ while building a vibrant community experiment centered on 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 jump into the 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 drive them.”Despite its self-proclaimed ‘uselessness,’ $SUT plays an essential role in leveling up MORCHI, FSL’s interactive mini game. The token allocation includes 10% for liquidity and 20% for marketing, with mining set to cease at 70% of the total supply. As users level up their MORCHI, $SUT tokens are burned, reducing the supply and making the journey both entertaining and impactful.

$SUT encourages daily engagement through tasks that reward users with tokens. As players reach new levels, they unlock increased 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 $SUT launch on the Polygon PoS network,” said Greg Labuz, Head of Gaming at Polygon. “$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 inviting 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 fresh and entertaining way to join the meme coin phenomenon.

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

About FSL:

FSL is a trailblazer 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’s a gamified cutting-edge rewards system that allows users to earn rewards with every transaction. With a creator-first launchpad and support for multiple blockchains including Solana , Ethereum , Polygon and BASE, MOOAR is rapidly becoming a go-to platform for NFT enthusiasts. The recent surge in trading volume, driven by successful FSL projects like Gas Hero, further underscores MOOAR's rising prominence in the blockchain ecosystem.

About Polygon:

Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together 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 launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.

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This article was originally published on Chainwire

Source: Investing.com