Moongate, an consideration asset protocol constructed to show customers’ real-world property and experiences into on-chain achievements, has disclosed the official launch of its native token, $MGT.
Based on an official announcement as we speak, Moongate’s native token, $MGT, is now obtainable for buying and selling on Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.The transfer follows Moongate’s dedication to reshaping brand-consumer engagement and redefining the worth of person consideration.
Moongate Storms Crypto Market Following Token Launch
Whereas the launch of $MGT marks a notable milestone for Moongate, this improvement comes after the undertaking efficiently secured over $5.2 million in complete funding. This means that the Moongate protocol and $MGT have garnered the crypto ecosystem’s robust assist and market curiosity.
Since its launch in 2022, Moongate Protocol has been famend for empowering 1000’s of manufacturers to launch sensible token campaigns and has pushed engagement from greater than 1.7 million finish customers. As such, the platform boasts energetic participation from over 3,800 manufacturers and creators, together with Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony.
Following its design, the $MGT token introduces customers to a structured, incentive-based mannequin for manufacturers and customers alike. As such, it goals to assist real-world model activations, loyalty packages, and shopper engagement.
With $MGT, customers will be capable of earn rewards by way of participation in token-based campaigns. Manufacturers may also leverage the protocol to work together extra meaningfully with their audiences.
Moongate has continued to garner rising recognition following its position within the consideration economic system, all due to its distinctive and promising options. Notably, Moongate has recorded notable investments from CMCC World, Cogitent Ventures, and Token Bay Capital and has additionally secured public sale proceeds from a number of Tier-1 launchpads.
Among the many notable options proposed by the $MGT token are person staking and rewards. This permits customers to stake $MGT to earn incentives, obtain an allocation to unique launches, and take part in governance, shaping the protocol’s future improvement.
As well as, the token permits manufacturers to create premium sensible token campaigns with expanded functionalities, together with an in-depth CRM, analytics, and improved discoverability.
Manufacturers may also use $MGT as a reward to seize eligible customers’ consideration and engagement. This turns into a extra environment friendly buyer acquisition channel, enabling a brand new paradigm the place advert {dollars} go on to the top person.
Moongate’s CEO, Jonathan Mui, commented on $MGT’s launch, saying,
“We consider that $MGT will basically shift how customers and types understand and worth engagement…With $MGT, customers achieve actual advantages for his or her interactions, whereas manufacturers can entry insights and audiences that mirror real curiosity and dedication.”
The announcement additional revealed Moongate’s plans to reward early supporters by distributing a portion of the entire $MGT provide by way of a neighborhood airdrop.