Exciting news in the attention economy that could be a big win for cryptocurrency enthusiasts!
Moongate (MGT) has officially been listed on KuCoin and Bitget, two prominent global cryptocurrency exchanges. Trading kicked off on November 28, 2024, at 12:00 UTC.
New Coin Listing Announcement
Moongate (MGT) has been listed on Kucoin and on Bitget.
➤ Kucoin: MGT/USDT – more charts on TradingView.
Perplexity MGT Research
Moongate (MGT) Listing on KuCoin: Announcement Details
Listing Announcement
Moongate (MGT) has been listed on Bitget and on KuCoin, as announced on both websites. Here are the key details from the announcements:
– **Listing Date:** Trading for Moongate (MGT) began on November 28, 2024, at 12:00 UTC[5].
Moongate is an attention asset protocol aiming to disrupt the $1Tn+ attention economy. Here’s an analysis of its fundamental aspects:
Tokenomics
- Total Supply: 1 billion MGT tokens14
- Circulating Supply: 70.50 million MGT (self-reported)4
- Token Utility:
No specific information on burn or minting mechanisms was provided in the search results.
Revenue Model
Moongate generates revenue through:
- Campaign creation fees: Brands pay to issue smart tokens for engagement2
- Transaction fees: Service fees collected when data is traded between consumers and users3
- Premium features: Higher-tier staking unlocks additional benefits for brands2
The project has reportedly generated over $5 million in revenue from real-world campaigns2.
Market Position
Moongate’s competitive advantages include:
- No-code platform: Enables brands to create campaigns in under 15 minutes for less than $100, compared to traditional methods costing over $100,000 and taking months2
- Unified engagement platform: Integrates token distribution, analytics, and user engagement2
- User data ownership: Empowers consumers to monetize their engagement data2
Adoption metrics:
- 1.8 million users onboarded2
- 3,800+ brands and creators, including Binance, OKX, Sony, and Animoca2
- 4,500+ successful campaigns worldwide2
- 20 million+ impressions delivered2
Growth Potential
Moongate’s growth potential is supported by:
- Scalability: Demonstrated ability to handle large user bases and numerous campaigns2
- Expanding ecosystem: Four key modules (Moongate Campaign, MoonPass, Moongate Rewards, MoonPad) provide a comprehensive platform for growth24
- Cross-chain compatibility: Support for multiple blockchains, including ETH mainnet, Polygon, Arbitrum One, BSC, Scroll, and Avalanche5
Investor Return Opportunities
- Staking Rewards:
- Users can stake MGT for exclusive discounts and increased token launchpad allocation3
- Specific APY rates were not provided in the search results
- Liquidity Provision:
- No explicit information on liquidity provision opportunities was found in the search results
- Capital Appreciation:
- Potential for token value increase based on growing adoption (1.8M users, 3,800+ brands)2
- Expansion of use cases and ecosystem growth may drive demand for MGT tokens
- Unique Earning Mechanisms:
It’s important to note that while Moongate shows promising metrics and features, investors should conduct thorough research and consider the project’s relatively early stage in the market before making investment decisions.
Moongate is an attention asset protocol designed to disrupt the $1Tn+ attention economy15.
The project aims to transform how brands and users interact within the digital space by providing a platform with several key features:
- Utility Layer: Moongate offers a no-code engine called Moongate Campaign that allows brands to issue smart tokens for real-world engagement. These can include NFT tickets, memberships, and phygital collectibles12.
- Data Layer: Users can monetize their engagement data, shifting data ownership back to individuals2.
- MoonPass: A decentralized ID system with rarity stamps and reputation scores that accumulate rewards for users1.
- Moongate Rewards: A marketplace where consumers can selectively share data with brands in exchange for rewards12.
- MoonPad: A launchpad for brands to deploy branded tokens or memecoins2.
The Moongate ecosystem is powered by the $MGT token, which is used for staking, earning rewards, and participating in protocol governance2.
Brands must stake $MGT to access premium features, which enhances campaign credibility and engagement2.
Moongate’s platform integrates blockchain technology with Web2 interfaces, making it accessible for brands with limited technical expertise3.
The project has reportedly gained traction, with claims of 1.7M+ wallets, 500K+ active users, and clients including major companies like Binance, Sony, and Animoca Brands7.
While Moongate shows promise, it’s important to note that as a relatively new project, its token price and market data are still volatile and inconsistent across various sources.
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➤ Bitget
Citations
https://coinbureau.com/review/kucoin-exchange
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