Tokenomics Evolution: MOGA Shares Overview of Token Utilities

Monster Galaxy’s (MOGA) Tokenomics is evolving into a stronger system.

Feb 18, 2023
by Michael
Tokenomics Evolution: MOGA Shares Overview of Token Utilities
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Overview of Tokens Utilities 

Monster Galaxy has shared the three token utilities ahead of tokenomics evolution. Gcoin is a brand new blockchain-powered stablecoin. It offers all the benefits of cryptocurrency (instant processing, store of value, privacy, and security) without any of the negatives (frequent fluctuations in value). Thanks to its USD backing ($1 = 1G), Gcoin’s price will remain stable! Players can purchase Gcoin with fiat currency in game v2.0. Gcoin will be used for all transactions on both the in-game and web-based Marketplace.

Furthermore, GGM is the original in-game currency that is now transitioning to its intended role as governance token. Essentially, GGM represents players stake in the MOGA DAO and gives them the power to shape the MOGA community’s future. GGM can be used to create leagues and establish VIP privilege. Both of these features will become available in a future game update.

Another token is MGOLD. MGOLD is a new dedicated currency for making purchases within the Monster Galaxy game. The rewards that players receive for completing tasks or earning achievements will be distributed in MGOLD. Additionally, MGOLD can be purchased using GCoin. MGOLD will be given as a reward for progress made in the game, including task completion and achievements.

Join the Monster Galaxy Universe

It’s easy to explore the world of Monster Galaxy! First, you have to download the app from the official website. If it occurred that you use the app as a tester, you should delete the previous version and download the new one. Then, launch the game and enter your e-mail address to receive a unique verification code. Use the code and sign in.

Players are enjoined to share their feedback with the team on Discord. Also, players should follow them on social media for more Updates. Players who are curious about the game and its features can reach out to Monster Galaxy Team#4204 on Discord.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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