Hong Kong, Hong Kong, November 28, 2024, Chainwire
Moongate has formally launched its native token, $MGT, marking a major milestone within the firm's mission to reshape brand-consumer engagement and redefine the worth of person consideration.
Moongate is the primary consideration asset protocol for real-world activations. Launched in 2022, Moongate Protocol is actively utilized by over 3,800 manufacturers and creators, together with Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon and Sony (NYSE:). The protocol has enabled hundreds of manufacturers to launch good token campaigns, driving engagement from over 1.7 million finish customers.
Because the digital panorama continues to evolve, the $MGT token introduces a structured and incentivized mannequin for manufacturers and customers. Designed to assist real-world model activations, loyalty applications and client engagement, $MGT permits customers to earn rewards by collaborating in token-based campaigns, whereas manufacturers can leverage the protocol to work together extra meaningfully with their viewers.
$5.2M in funding and alternate bulletins coming for $MGT
To understand this imaginative and prescient and additional gasoline development, Moongate efficiently secured complete funding of over $5.2 million. This consists of investments from CMCC International, Cogitent Ventures and Token Bay Capital, in addition to proceeds from public gross sales of a number of Tier 1 launchpads. The fundraising displays sturdy market curiosity in Moongate Protocol and $MGT, highlighting the rising recognition of Moongate's position within the consideration financial system.
Following the launch of the $MGT token, it’s now traded on Bitget, KuCoin, Gate.io, MEXC and PancakeSwap.
Bridging digital engagement with the true world
Moongate's platform permits manufacturers to create and distribute good tokens, offering a streamlined answer for companies to attach on to customers on-line and offline. Via initiatives like NFT memberships, occasion tickets, and token advantages, Moongate facilitates real-world utilities for manufacturers. $MGT is on the coronary heart of this ecosystem, serving as the first medium for rewards, person incentives, and engagement monitoring.
“We imagine $MGT will basically change the way in which customers and types understand and worth engagement,” mentioned Jonathan Mui, CEO of Moongate. “With $MGT, customers expertise actual advantages for his or her interactions, whereas manufacturers can entry insights and audiences that mirror actual curiosity and engagement. »
Predominant options of the $MGT token
The launch of $MGT brings a number of options to customers and types:
- Staking and Consumer Rewards: Customers can stake $MGT to earn incentives, obtain allocation for unique launches, and take part in governance, shaping the long run improvement of the protocol.
- Marketing campaign Creation for Manufacturers: Manufacturers can use $MGT to create premium Sensible Token campaigns with expanded options together with in-depth CRM, analytics, and enhanced visibility.
- Consideration Foreign money: Manufacturers can use $MGT as a reward to seize the eye and engagement of eligible customers. This turns into a extra environment friendly buyer acquisition channel, enabling a brand new paradigm by which advert spend goes on to the tip person (somewhat than intermediaries).
For extra data on $MGT tokenomics, customers can go to Moongate's Medium.
Group Drop
In step with Moongate's dedication to rewarding early supporters, the protocol will distribute a portion of the overall $MGT provide through a group airdrop. The snapshot was taken on November 15, 2024 and eligible customers can now declare their $MGT tokens on Declare.moongate.id.
What is that this Following (LON:) for Moongate
With the launch of $MGT, Moongate is about to broaden the performance of its platform whereas strengthening its partnerships with Web2 and Web3 manufacturers. Upcoming updates embrace improved staking options, an expanded rewards market, and the discharge of MoonPad, a launchpad for associate token campaigns. These developments goal to deepen person engagement and supply manufacturers with highly effective instruments to create immersive experiences for his or her audiences.
For extra details about $MGT and Moongate's imaginative and prescient for the way forward for consideration property, customers can go to Moongate's official web site.
About Moongate
Moongate is an consideration asset protocol disrupting the eye financial system by over $1 billion. The protocol consists of two key layers: a utility layer permitting manufacturers to launch good token campaigns for real-world engagement, and an information layer by which this on-chain engagement information is monetized at scale by the principle stakeholders. Moongate goals to take away middlemen from centralized platforms to maximise brand-consumer worth. It additionally introduces an revolutionary “pledge to win” mechanism that promotes energetic client participation in model rewards and a share of $MGT emissions.
To know extra, customers can go to the official web site of Moongate | Twitter | LinkedIn
ContactCEOJonathan MuiMoon Gatecontact@moongate.id
This text was initially printed on Chainwire
