Moongate launches $MGT token to revolutionize brand-consumer engagement

From Investing.com

Date: November 28, 2024
Time: 7:30 AM:

Moongate has launched its native token, $MGT, aiming to reshape brand-consumer engagement with over 3,800 brands and creators actively using the protocol, reaching 1.7 million users. The $MGT token introduces an incentive-based model for real-world brand activations and consumer engagement.

With over $5.2 million in funding secured, including investments from CMCC Global and public sale proceeds, Moongate is driving growth for its protocol and $MGT token. $MGT is now listed on Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap, reflecting market interest in the attention economy.

Moongate’s platform enables brands to create smart tokens for online and offline engagement, offering NFT memberships, event tickets, and token-gated benefits. $MGT serves as the primary medium for rewards, user incentives, and engagement tracking, bridging digital and real-world interactions for brands and users.

Key features of the $MGT token include user staking and rewards, campaign creation for brands, and using $MGT as a reward to capture user attention more efficiently. Moongate also announces a community airdrop for early supporters, distributing a portion of the total $MGT supply to eligible users.

Moongate plans to expand platform features, strengthen partnerships with Web2 and Web3 brands, and introduce enhanced staking features, rewards marketplace, and MoonPad launchpad. These updates aim to deepen user participation and provide brands with tools to create immersive experiences for their audiences in the attention economy.

Read more at Investing.com: Moongate Launches $MGT Token to Drive New Era of Engagement in the Attention Economy By Chainwire