Bitcoin Immediately Recovers From Winklevoss ETF Rejection, and It’s a Good Thing 812

As reported by NewsBTC on Thursday, the U.S. SEC rejected a revised proposal for a Bitcoin ETF backed by the Winklevoss Twins. The market immediately took a dive, with Bitcoin and a majority of altcoins posting 4-5% losses on the day. The rapid move downwards led some to ask “was this decline really warranted or was it all an overreaction?”

Bitcoin Recovers $400 After The SEC Verdict

As aforementioned, the market didn’t initially react in kind to the SEC’s decision regarding the Winklevoss-backed exchange-traded fund (ETF). In the hours following the release of a ninety-two-page report highlighting the reasons for rejection, Bitcoin fell to a daily low of $7,800 from $8,200. Despite the verdict only directly affecting a Bitcoin-based ETF, altcoins closely mirrored Bitcoin, posting similar losses.

Nonetheless, at 3:00 PM UTC, the cryptocurrency market experienced an influx of buying volume, with Bitcoin rapidly returning to the pre-announcement price levels at ~$8,200.

Many attributed this expedited bounce to investors collectively realizing that market reaction to the SEC ruling was irrational. As duly pointed out by cryptocurrency researcher Alex Magnus, the majority of cryptocurrency investors weren’t cognizant of the Winklevoss’ revision, as the announcement of the refiling slid under the radar of most.

This latest etf narrative has been built around the VanEck SolidX filing. Most people weren’t even aware that the Winklevoss etf was still in play after March ‘17 rejection. Commissioner Pierce’s dissent seems to have fueled the new etf anticipation.

— Alex Magnus (@alexmagnusBTC) July 28, 2018

The awareness, or lack thereof, regarding the ETF revision, was clearly seen as CNBC broke the news, as many were swift to call it old news rehashed. In short, it has become apparent that the absence of awareness resulted in an irrational slide downwards, as details were initially sparse. So it would only make sense why Bitcoin would see a reversal as the market cooled off.

Others associated Bitcoin’s recovery to statements of dissent made by SEC Commissioner Peirce, who issued an impassioned statement against the verdict, stating:

“The Commission’s action today deprives investors of this choice. I reject the role of gatekeeper of innovation—a role very different from (and, indeed, inconsistent with) our mission of protecting investors, fostering capital formation, and facilitating fair, orderly, and efficient markets. Accordingly, I dissent.”

Tom Lee: It Is Positive That Bitcoin “Shrugged Off” The ETF Rejection 

While the aforementioned rationale is fundamentally-based, Tom Lee, the Head of Research at Fundstrat Global Advisors, pointed out that technicals may have played a role in the reversal. In a tweet, Lee wrote:

“It’s a sign of a positive change in crypto that #BTC has essentially shrugged off the #Winklevoss ETF rejection. If this took place in April-June (more bearish period), the crypto market would have seen a sizable sell-off. In short, affirming why technicals improving.”

Lee also noted that his firm’s so-called “Bitcoin Misery Index,” which uses a variety of indicators to measure market sentiment, is out of the “misery” zone at 39.

It’s at 39. So it’s been recovering and def out of misery zone (below 27).

— Thomas Lee (@fundstrat) July 28, 2018

Earlier this year, the Fundstrat analyst noted that the index hit a near-seven-year low at 18.8, which he saw as a bullish signal. Speaking more on what these seemingly unapplicable numbers mean, he noted:

“The last four times this was below 27…there was not a single instance with bitcoin not up 12 months later,”

As indicated by the statement above, and appearances on CNBC Fast Money, the positive trend seen with this indicator could suggest that Bitcoin will only continue to move upwards in the medium to long-term.

“Strong Recovery Confirms The Bull Market”

Following the immediate market reaction to the news, Parabolic Trav, a long-time technical analyst and cryptocurrency proponent, delivered a Tweet concerning his thoughts on the state of the market. While the statement may not look like much, it delivers a punch straight to the hearts of the Bitcoin bears. Keeping it short and sweet, Trav wrote:

“Strong recovery here confirms the bull market.”

Strong recovery here confirms the bull market. $BTC

— Parabolic Trav (@parabolictrav) July 26, 2018

As aided by the market’s most recent volume figures, which currently total to $20 billion in the past 24 hours, the reversal could be classified as a “strong recovery” by many analysts. Additionally, Bitcoin recovered in a shorter amount of time then it took to move down, indicating that this was no “half-assed” recovery.

The market still is eagerly awaiting the upcoming decision on the VanEck and Cboe-backed ETF, with many seeing the fate of the verdict as still up in the air.

 

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ALMAN Company Partners with SEIL-X to Commercialize AI Blockchain Authentication for Defense and Aerospace 2667

ALMAN Company, the developer of the AI blockchain NFT web3 platform ‘CLEBUS X,’ has signed a strategic partnership agreement with SEIL-X, a growing company specializing in defense, satellite, drone, and wearable robots. The partnership aims to apply AI, blockchain, and NFT security authentication technology to the defense and satellite sectors.

CLEBUS is revolutionizing the industry by leveraging blockchain technology in various sectors such as automotive, cosmetics, and luxury to address security vulnerabilities and expand ESG management. It also integrates blockchain and AI to provide customers with a choice of various AI application concepts, such as chatbots.

Furthermore, ALMAN Company has been providing certified used car NFT warranties to Hansung Motors, an official Mercedes-Benz dealer, since 2022. Customers purchasing a Mercedes-Benz certified pre-owned vehicle through Hansung Motors showrooms nationwide or the website receive the vehicle’s warranty in NFT form. This NFT represents ownership of the digital warranty certificate for the purchased certified used car. Recently, the company entered into an exclusive agreement with Smart Token Labs, a global company with technology and expertise in controlling cars through NFTs, to explore various industrial applications of the technology.

SEIL-X specializes in defense industry solutions, including autonomous mobile vehicles, aerospace, and satellite technologies. It has expanded into developing electronic warfare shielded drones and unmanned aerial vehicles, as well as non-powered exoskeleton wearable robots. CEO Hyunsang Yang, with experience in the defense industry at the Defense Acquisition Program Administration, large companies, and universities, serves as an expert committee member for space commercialization and writes columns on defense, aerospace, and satellites to introduce the latest technologies.

Mr. Yang emphasized that applying CLEBUS-X’s blockchain and NFT technology could enhance data security and authentication for autonomous vehicles, wearable robots, drones, and aerospace and defense products. This collaboration is expected to create a secure communication and data management system protected from hacking and forgery.

Both companies expressed their commitment to technology and knowledge sharing, facilitating research and development activities to develop new ideas and innovative products. The collaboration aims to help maintain their leading positions in their respective fields and gain competitive advantages. Through this agreement, the two companies will provide various strategic support for technology development and business expansion, playing a crucial role in creating new markets and business models. There are also anticipated synergies with Clebus’ new initiative, a marketplace for AI chatbots resistant to censorship. SEIL-X is poised to leverage Clebus’ AI authentication technology within its own systems.

Minutes Network Unveils Plans To Onboard More Than 1 Billion Users By Q1 2026 3147

Minutes Network, the world’s only blockchain based, distributed and decentralised voice carrier, has declared its plan to onboard over 1.2 billion users over the next two years.

The key to this expansion plan is the proprietary Rapid Growth Library (MRGL) which enables rapid user scaling at the press of a button. This unique technology seamlessly onboards users eliminating the need for consumer marketing and the investments typically associated to such an endeavour.

Josh Watkins, Minutes Network CEO added ‘MRGL is the key that unlocks Minutes Network. Exceeding one billion users in twenty-four months sounds like a large mountain to climb, however our innovative engineering makes this possible. The next two years are going to be an incredible journey.’

Minutes Network has a unique commercial model. First, the Mintech technology suite facilitates close to zero-cost termination rates, ensuring the internal value capture from every call terminated is close to 100%. This has never been done before. Secondly, the decentralised and distributed architecture allows the general public to own, operate and benefit from running the Minutes Network node infrastructure.

´500 Switch Nodes and 2500 Validation nodes will provide capacity to terminate up to 72 million minutes of call traffic every day. This will be one of the first opportunities, if not the first opportunity for the mainstream public to be a part of the telecommunications minutes sector.

Minutes Network’s model at its core, utilises proprietary technologies to leverage call traffic volumes and termination revenues from Tier1 carriers. The market is forecast to increase with a CAGR of 15% up-to 2030, creating the perfect foundation for Minutes Network Token’s reward based sharing economy.

Alex Houssam Berry, Head of Minutes Network Token (MNT), commented ‘All the net revenues of Minutes Network are transformed, on-market, into an MNT reward pool and distributed to network participants. Node owners will undoubtedly be the biggest beneficiaries, but our caller reward programme will do something very special in the world of blockchain. By providing MNT rewards to both parties on every call, we will passively introduce millions of people to the blockchain. As the awareness grows around the network and MNT, we anticipate exponential growth in MNT adoption and utilisation’.

Asked when the public can expect to learn more about the technologies behind Minutes Network, Watkins added ‘Our whitepaper will be released in the near future and will explain much more about our of the proprietary protocols and technologies, and in the meantime, there is much that is already available in the Discovery section of the Minutes Network Token website’.

About Minutes Network:

Minutes Network operates in the $251 billion paid-for voice calling market. Our proprietary, next-generation, technologies deliver the lowest-cost termination charges in the market.

Minutes Network Token (MNT) uses blockchain technologies to decentralise the global scale, multi billion dollar, telecommunications commodity minutes market. MNT tokenises bandwidth and distributes value to Minutes Network participants

For more information go to minutesnetworktoken.io or join the MNT community on telegram https://t.me/minutesnetworktoken

Sovereign Yidindji Government and Sovereign Wallet Join Forces on Currency Alliance Initiative 3289

The Yidindji Sovereign Government, an Australian Aboriginal micro state, has formed a partnership with Sovereign Wallet Co., Ltd. to use the MetaMUI CBDC platform for developing the Allodial Unity Digital Dollar (AUDD). This initiative seeks to foster economic cooperation, trade, and mutual prosperity among Indigenous nations on the Australian continent through a unified digital currency.

Since January 2022, Sovereign Wallet has provided the Yidindji with advanced National Identity and CBDC solutions, facilitating easy access to critical financial services. This collaboration introduced the world’s first self-sovereign identity-based national identity system. Moreover, together, they launched the Sovereign Yidindji Dollar (SYD), marking a significant achievement by deploying a CBDC in about 4 hours using the MetaMUI CBDC Cloud Service, a testament to the partnership’s success in financial innovation.

Sovereign Wallet’s MetaMUI identity-based blockchain underpins AUDD, ensuring legal compliance, privacy, and enabling immediate peerto-peer transactions. This decentralized method reduces reliance on central banks and enhances financial stability in the AUDD alliance. Unlike the Euro, AUDD acts as an account unit for Indigenous currencies, backed by their nation’s unique assets, eliminating the need for a central managing authority. This framework allows Indigenous communities to regain economic independence and build collective economic resilience.

Key Highlights of the AUDD Initiative:

  • Unified Ledger CBDC: AUDD serves as a relay chain that connects and unifies each Indigenous nations own national currency. Each nations currency would have their own ledger. It will be powered by Chained Cash technology pioneered by Sovereign Wallet.
  • Co-existence of Common Currency and Sovereign National Currency: Each currency alliance participating countries does not need to give up their own currency to join common currency alliance. Each country can increase its monetary power through a common currency while maintaining its independent currency sovereignty. This is a reproduction of Bancor, which Keynes had proposed.
  • Decentralized Monetary System: The AUDD features a decentralized monetary system where each participating country is a member of the governance council, collectively managing the common currency, AUDD, via a voting mechanism on the MetaMUI blockchain. Exchange rates between national currencies, like the Yidindji Dollar, and AUDD are automatically determined by the volume of AUDD reserves and the issuance volume of the national currency by each country.
  • Direct cross-border payment and algorithmic exchange bank: Leveraging MetaMUI’s Chained Cash technology, residents of Indigenous nations can conduct cross-border transfers directly from their wallets, bypassing traditional banking institutions.

Murrumu of Walubara, the Minister for Financial Technology, representing Sovereign Yidindji Government, stated, “The AUDD Initiative marks a crucial move towards creating an inclusive and sustainable future for indigenous communities. AUDD is more than just a digital currency; it’s a symbol of empowerment and collective effort. We’re honored to collaborate with Sovereign Wallet, utilizing their knowledge to empower our communities and change the story of economic exclusion.”

Seokgu (Phantom) Yun, CEO of Sovereign Wallet Co., Ltd, adds, “Three years ago, Yidindji became the first nation to adopt MetaMUI’s CBDC platform. We’re thrilled to further this partnership and initiate a new phase of fast cross-border payments. AUDD holds the promise to transform the financial framework for Indigenous communities, promoting economic inclusion and sustainable growth.”

The AUDD Initiative represents a significant leap towards economic sovereignty for indigenous tribes, aligning with global efforts to build a more sustainable and inclusive financial ecosystem.

About Sovereign Wallet Co., Ltd

Sovereign Wallet is dedicated to deliver financial services to millions of people by leveraging identity-based blockchain. Our flagship technology, MetaMUI, is reshaping the financial landscape, fostering self-sovereign finance, and constructing a sustainable, inclusive economic model. We digitize vital national infrastructure – from identity and credentials to financial transactions – eliminating the need for paper and empowering individuals with self-sovereign finance. MetaMUI’s hybrid structure is ideal for global applications, ranging from central banks to digital stock exchanges and cross-border payments, reinforcing our vision of an inclusive and sustainable economy.

About Yidindji

The Yidindji people are a rainforest-based society with several clan groups in the area as far north as Queensland on the Australian continent. The Sovereign Yidindji Government has a rich history and deep connection to the land. Since its inception in 2014, the SYG has established various departments and consistently enacted laws for the well-being of its people. The AUDD Initiative represents a key pillar in its ongoing efforts to secure economic self-determination and build a brighter future for generations to come.

Socials

Homepage: https://www.swnglobal.com
Discord: https://discord.gg/metamuiofficial
LinkedIn: https://www.linkedin.com/company/sovereignwallet-network/
Twitter: https://twitter.com/MUIcommunity
YouTube: https://www.youtube.com/c/SWNGlobal
Medium: https://sovereignwallet.medium.com/
Facebook: https://www.facebook.com/SovereignWallet

Recover Scammed Crypto by Contacting the Best Crypto Scam Recovery Expert (2024) 3940

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Have you fallen victim to a cryptocurrency scam? Unfortunately, these malicious acts are becoming increasingly common, leaving individuals frustrated and financially drained. But don’t lose hope!

Report Scammed Bitcoin (RSB) understands the devastating impact crypto scams can have, and we’re here to help you fight back. Introducing reportscammedbitcoin.com, the leading crypto recovery experts for 2024.

RSB specializes in assisting individuals who have lost their hard-earned cryptocurrency to scams, hacks, and other fraudulent activities. The team of highly skilled and experienced professionals at RSB is dedicated to recovering your stolen assets and bringing the perpetrators to justice.

Understanding Crypto Scams

Cryptocurrency, while innovative and potentially lucrative, has also become a breeding ground for various scams due to its decentralized and pseudonymous nature. Understanding these scams and their red flags is crucial for investors to protect themselves from financial loss. Here are some common types of crypto scams and red flags to watch out for:

Phishing Scams:

Phishing scams involve fraudulent attempts to obtain sensitive information, such as login credentials or private keys, by impersonating legitimate entities through fake websites, emails, or social media messages.

Ponzi Schemes:

Ponzi schemes promise high returns on investment by using funds from new investors to pay returns to earlier investors, rather than generating profits through legitimate business activities.

Exit Scams:

Exit scams occur when cryptocurrency projects or platforms suddenly disappear or shut down, taking investors’ funds with them. These scams often involve promising products or services that never materialize.

Rug Pulls:

Rug pulls occur in decentralized finance (DeFi) platforms when developers or insiders drain liquidity from a project by selling off their tokens, causing the value to plummet and leaving investors with worthless assets.

Fake ICOs/IEOs:

Fake Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs) involve fraudulent projects that raise funds by selling tokens to investors with the promise of future utility or profits, only to disappear once the fundraising is complete.

Unsolicited Investment Opportunities:

Unsolicited investment opportunities via social media, cold calls, or messaging platforms may involve fraudulent schemes aiming to manipulate investors into purchasing worthless or nonexistent assets.

Which is the Best Crypto Recovery Expert?

The best choice for you will depend on several factors, including:

  • The specific type of scam you were targeted by: Different recovery experts specialize in different areas, such as exchange hacks, phishing attacks, or investment scams.
  • The amount of money you lost: The fees charged by recovery experts can vary depending on the size of your claim.
  • Your risk tolerance: Some recovery services offer guarantees, while others operate on a “no win, no fee” basis.
  • Your level of technical expertise: Some services require more technical involvement from you than others.

Here are some things to keep in mind when choosing a crypto recovery expert:

  • Beware of companies that make unrealistic promises or guarantees. Recovering stolen crypto is often difficult, and there is no guarantee of success.
  • Do your research and read reviews before hiring any company. There are many scams targeting victims of crypto scams, so be careful who you trust.
  • Get everything in writing before you start working with any company. This includes the fees, the services that will be provided, and the expected timeline for recovery.

Helping You Navigate Your Crypto Funds Recovery Options: Introducing Report Scammed Bitcoin (RSB)

Introducing the best crypto recovery expert 2024 in the industry: Report Scammed Bitcoin (RSB). With a team of seasoned professionals and a proven track record of success, Report Scammed Bitcoin (RSB) Solutions stands out as the best crypto recovery expert you can trust.

RSB’s best crypto recovery expert team has the expertise and experience to assist you in reclaiming lost or stolen cryptocurrency assets. The best crypto recovery expert team takes a personalized approach to each case, ensuring that you receive the individualized attention and support you deserve.

Contact the best crypto recovery expert today and let them help you recover your valuable assets. Trust RSB for the best crypto recovery expert assistance you need.

How Report Scammed Bitcoin (RSB) Supports You

Understanding Your Situation: RSB will start by listening attentively to your experience, dissecting the scam tactics employed, and assessing the nature of your losses.

  • Exploring Recovery Options: Based on your unique circumstances, RSB will introduce various recovery avenues, including free and paid options, clearly outlining their advantages, limitations, and potential risks.
  • Empowering Your Choice: RSB empowers you to make informed decisions. Our recommendations are unbiased and not influenced by partnerships or affiliate agreements. Your best interests are at the heart of everything they do.

More Than Just Consultations:

While consultations, blockchain analysis, fund tracking and chargeback are their core service, RSB also offers the following to enhance your recovery journey:
Supporting individuals in recovering their scammed bitcoin involves a multi-step process aimed at gathering information, conducting thorough investigations, and suggesting viable solutions. Here’s how RSB can assist you in recovering your scammed crypto:

  • File a Complaint:

Begin by filing a detailed complaint outlining the specifics of the transactions and providing any relevant details about the website or platform involved. The more information you can provide, the better equipped RSB will be to assist you.

  • Initiate Investigations:

Once RSB receives your complaint and gathers the necessary information, their team will commence thorough investigations. These investigations are designed to map out the flow of transactions and identify any potential leads or points of contact associated with the scam.

  • Analyze and Recommend Strategies:

Drawing upon the team’s expertise and experience, RSB will analyze the findings of their investigations and recommend a range of strategies tailored to your specific situation. These strategies may include legal avenues, negotiation tactics, or technological solutions aimed at recovering your scammed bitcoin.

  • Provide Multi Solutions:

The qualified team of experts at RSB will present you with a variety of cutting-edge solutions designed to increase the likelihood of recovering your lost funds. These solutions may involve engaging with relevant authorities, leveraging blockchain analysis tools, or pursuing alternative dispute resolution methods.

  • Offer Ongoing Support:

Throughout the recovery process, RSB will provide you with ongoing support and guidance to keep you informed of the progress made and address any questions or concerns you may have. Their goal is to ensure transparency and accountability every step of the way.

Conclusion

In conclusion, when it comes to recovering lost or stolen cryptocurrency assets, choosing the right expert is crucial. With Report Scammed Bitcoin (RSB), you can rest assured that you’re partnering with the best crypto recovery expert in the industry.

Their dedicated team, proven track record, and personalized approach set us apart, making RSB the top choice for individuals seeking assistance with crypto recovery. Don’t let cryptocurrency fraud disrupt your financial security.

Contact Report Scammed Bitcoin (RSB) today and experience the peace of mind that comes with working with the best crypto recovery expert in 2024.

Zeebu Sets New Standard with Automated Token Burn via Phoenix Protocol 3974

Zeebu, the disruptive Web3 Neobank platform specializing in telecom transactions, proudly announces the ZBU Phoenix Protocol, a strategic initiative focused on optimizing token supply and solidifying its commitment to ecosystem sustainability.

Zeebu is a blockchain-based platform, specifically engineered for telecom transactions. It aims to revolutionize the sector by enabling automated settlements, facilitating seamless global payments, and bolstering efficiency and security through a unified telecom payment ecosystem. The ZBU token is a key component of the Zeebu platform. It plays a pivotal role in enabling smooth global transactions and introducing an on-chain loyalty mechanism. The ZBU loyalty token serves to incentivize and reward partners within the ecosystem for their active participation.

The ZBU Phoenix Protocol, inspired by the phoenix’s symbolic rebirth and renewal, meticulously reduces the total ZBU token supply, fostering market stability and a robust ecosystem. This deliberate approach emphasizes Zeebu’s core values of trust, transparency, and long-term sustainability.

The ZBU Phoenix Protocol focuses on optimizing the ZBU token supply through a dynamic auto-burn mechanism. This mechanism carefully adjusts the burn rate based on the current market price of ZBU and platform usage patterns, ensuring a strategic approach to bolstering the ecosystem’s health and long-term stability.

Transparency and accountability are at the forefront of Zeebu’s operations. Each token burn event will be meticulously recorded and publicly accessible on the blockchain, providing stakeholders with full visibility into the process. Additionally, a portion of the tokens from the accumulated burning pool will be allocated towards new initiatives, further enriching the Zeebu ecosystem.

“The ZBU Token Burn Program reflects our commitment to innovation and sustainability in the decentralized finance space,” said Raj Brahmbhatt, the CEO and Founder of Zeebu. “By implementing this initiative, we aim to ensure a stable market presence of $ZBU token, while also promoting ecosystem growth.”

As Zeebu continues to spearhead innovation in the realm of decentralized finance, the ZBU Token Burn Program serves as a cornerstone of its strategic vision. By reducing token supply systematically and transparently, Zeebu is poised to create a more resilient and prosperous financial ecosystem for all stakeholders.

Zeebu is gearing up to release more specifics about the timeline and quantity for the ZBU token burn.

About Zeebu:

‍Zeebu, the pioneering Web3 Neobank, having settled more than half a billion in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. The platform, currently serving over 100 active telecom carriers, is revolutionizing the industry with the introduction of blockchain-based settlements and the ZBU loyalty token. The ZBU token is designed to facilitate instant and secure global transactions and reward participants for successful settlements on the platform.

Moonland Web3 Game Targets 100 Million Daily Active Players as it Gears Towards a March Presale. $MTK Airdrop 4203

Blockchain gaming showed more resilience in the bear market. As we entered 2024, many including studio executives predicted millions of people would come to Web3 for the sake of gaming.

Some of the attributes strengthening this season’s affinity to gaming hype are the anticipation of more commercial releases from beta versions, the launch of new tokens, and a deeper understanding of Web3 gaming amongst the general public.

Surprisingly, analytics from dappradar.com indicate the number of unique crypto wallets dropped in 2023 compared to 2022, however, blockchain gaming wallets continued making progress with a daily average of 791,474 unique active wallets.

At the same time, up to 1 million unique wallets were playing Web3 games daily in the last three consecutive months leading to 2024. However, Moonland founder and CEO Miguel Palencia is one of the industry execs who believe daily active gamers will increase from 1 million to 100 million in 2024 onwards.

What many games in the Web3 space have lacked is a mobile app. If many of the blockchain games can bundle up a decent app together and have a good game, maybe even more non-gamers would become interested. Among the attributes that everyone in space is betting on is these games’ ability to create new revenue streams, offer immersive metaverse experiences, implement community engagement, and tokenization.

Launch of Moonland MTK Token

Talking of tokenization, Moonland, one of the metaverse games promising an immersive and expansive experience will be launching its $MTK token on Bitmart launchpad on 21st February, followed by a private presale that will kick off on 21st March 2024. According to the game’s tokenomics details, MTK will have a fixed supply of 1,234,567,890 tokens.

Moonland brings the metaverse to your daily gaming needs. Through it, you can build avatars, explore new geographical places, and even become a landowner. Entrepreneurs can also run their independent businesses on the metaverse. Moreover, the platform is also home to stunning virtual concerts, battle arenas, and social experiences.

Apart from the $MTK tokens, Moonland created a batch of NFT collections. Some of these have already been distributed in the first phase, while the rest will be distributed in two more phases. Holders of the Moonland NFTs will unlock access to an early demo of the game, and exclusive rights to participate in the $MTK private presale and even receive a free airdrop.

Furthermore, holding the NFTs will unlock your way into an exclusive test-to-earn (T2E) campaign where you test Moonland’s demo version and earn rewards. It is not hard to own a Moonland NFT.

Your very first interaction with the game requires you to create your avatar, build its character, and mint it as a non-fungible token. After minting, it’s also possible to sell your avatar NFT on an open marketplace called the Galactic Market. Moonland is expansive with innumerable portals that can transport you to other dimensions, virtual environments, and gaming experiences. It is also possible to come across a random NFT while you explore the game’s metaverse.

For a game of its size, you’d expect to dig deeper into your wallets to participate in the 21st March exclusive presale. Thankfully, the Moonland presale price is $0.18, and then a 21st April crowdsale where the price of each $MTK token will be $0.21.

Moonland Token Distribution

The token distribution is as follows:

  • ICO Sale (50%, 617,283,945 MTK Tokens): An initial offering to equip Moonland’s early backers with MTK tokens at an attractive entry point.
  • Presale (5%, 61,728,395 MTK Tokens): Offering early believers a chance to be part of Moonland’s legacy with a specially priced, limited supply. Team (10%, 123,456,789 MTK Tokens): Aligning their team’s dedication with the project’s long-term success.
  • Marketing and Business Development (10%, 123,456,789 MTK Tokens): Fueling team’s journey towards global recognition and adoption. Partnerships (10%, 123,456,789 MTK Tokens): Forging alliances to enhance Moonland’s growth and reach.
  • Community (15%, 185,185,184 MTK Tokens): Empowering Moonland community, fostering a sense of ownership and active engagement.

MoonLand Test to Earn (T2E) Campaign. Phase 2. $MTK airdrop

Community has an opportunity to get airdrop of $MTK tokens and NFTs via MoonLand Test 2 Earn Campaign for early supporters of the game to try out MoonLand’s features, capabilities and functionalities.

Participants have an opportunity to purchase and own a piece from MoonLand’s second NFT collection. Those that continue holding to their NFT will be eligible for more token airdrops after the launch of the token.

Meet the Moonland Team

Looking at the professional credentials and experience of everyone on the team, you will notice their grit, passion, and commitment to leaving their mark in the technology industry.

Over the last years, the team has prioritized building a great metaverse business model, integrating their gaming platform with Unreal Engine 5, and crafting effective tokenomics. Moonland’s team comprises a list of designers, artists, 3D creators, developers, marketers, and entrepreneurs.

Those who want to receive updates about Moonland’s progress, official announcements, and breakthroughs can do so by listening to the “This is Moonland’ podcast or following them on social media through Twitch, Discord, Telegram, or X.

Strategic Partnerships

In alignment with its vision to bring Web3 gaming to the masses, Moonland has forged various strategic partnerships with Crypto Oasis and Qorpo Game Studio.

Crypto Oasis is the founding members of Dubai’s most prominent gaming guild, the Games Guild.

Strategic partnerships with prominent Web3 names aims to steer Moonland towards developing a brand that players and investors will believe in.

Conclusion

While there are many blockchain stuff to anticipate in 2024, one of the biggest roadblocks for blockchain gaming is onboarding millions of players. If the technology is more sophisticated, this might also be a challenge for users. Many of whom are yet to understand the intricacies of the blockchain. Despite these hurdles, several games have made it their mission to build an intuitive experience, and help average players adapt faster to the broadening Web3 gaming space. One of those games is Moonland.