Designed purely for fun, Super Useless Token ($SUT) has no intrinsic value but aims to capture the quirky meme coin market and engage the crypto community.
Web3 product development studio FSL has announced the launch of Super Useless Token ($SUT), a meme coin on the Polygon network. Designed purely for fun, $SUT has no intrinsic value but aims to capture the meme coin market and engage the crypto community.
The token will be used to level up MORCHI, an interactive mini game by FSL, and will be available for purchase on MOOAR Marketplace, a multi-chain NFT marketplace.
“$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 being ‘useless,’ $SUT plays a role in leveling up MORCHI, an interactive mini game by FSL. 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 will officially launch on August 27, 2024. Users will be able to own a piece of FSL’s first meme coin and Polygon’s debut major meme coin—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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