Recently, Moongate officially launched its native token MGT, marking a significant breakthrough in the project's mission to 'reshape the relationship between brands and consumers and redefine the value of user attention.'

Since its launch in 2022, the Moongate protocol, as an attention asset protocol activated for the real world, has been actively applied by over 3,800 brands and creators, including well-known brands such as Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony. It has empowered thousands of brands to launch smart token marketing campaigns, attracting over 1.7 million end-user participants.

With the continuous development of the digital world, the MGT token will introduce a structured incentive model for brands and consumers. Notably, MGT is designed to support the activation of real-world brands, loyalty programs, and consumer interactions, allowing users to earn rewards by participating in token-based relevant activities; at the same time, brands can leverage the protocol for more meaningful interactions with users.

Raised $5.2 million, MGT is now live on exchanges such as Bitget and Gate.io.

To achieve its vision and further drive growth, Moongate previously successfully raised over $5.2 million, including investments from leading institutions such as CMCC Global, Cogitent Ventures, and Token Bay Capital, as well as public funding from several top Launchpad platforms. This funding achievement reflects the market's strong interest in the Moongate protocol and MGT, highlighting the market's high recognition of Moongate's important role in the attention economy.

After the launch of the MGT token, it is now available on major exchanges and DEXs such as Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.

The interactive bridge between the digital space and the real world

The Moongate platform is dedicated to empowering brand building and smart token distribution, providing enterprises with streamlined solutions to directly connect online and offline user groups. Through channels such as NFT memberships, event tickets, and token payment rights, Moongate offers brands the possibility of bridging real-world rights. At the core of this ecosystem is the MGT token, serving as the main medium for rewards, user incentives, and interaction tracking.

Moongate CEO Jonathan Mui stated: 'We believe MGT will fundamentally change how users and brands perceive and evaluate interactions. With the MGT token, users can gain actual benefits from interactions; brands can obtain survey results and corresponding audiences that reflect real interests and participation.'

Key Points of MGT Token

The launch of MGT will bring more possibilities to users and brands:

User Staking and Rewards: Users can stake MGT to receive incentives, obtain corresponding shares of exclusive launch events, and participate in governance to collectively drive the future development of the protocol.

Brand Event Creation: Brands can create advanced smart token events with extended features using MGT tokens, including deep customer relationship management, analytics, and enhancing event exploration value.

Attention Currency: Brands can utilize MGT as rewards to attract the attention and interaction of effective users, which will become a more efficient customer acquisition channel, opening a new paradigm where advertising spending flows directly to end users (rather than intermediaries).

For more information about MGT token economics, you can visit Moongate's Medium page.

Community Airdrop

To fulfill its commitment to early supporters, Moongate will distribute part of the MGT tokens through a community airdrop. The snapshot was completed on November 15, 2024, and eligible users can claim MGT tokens at claim.moongate.id.

Future Plans of Moongate

With the successful launch of the MGT token, Moongate will continue to expand platform capabilities while strengthening partnerships with brands related to Web2 and Web3. Future updates include enhanced staking features, an expanded rewards market, and the official launch of the partner token event launch platform MoonPad. These advancements will further increase user engagement, provide robust infrastructure for brand development, and create more immersive experiences for users.

For more information about MGT and Moongate's focus on the future vision of attention assets, users can visit the Moongate official website.

About Moongate

As an attention asset protocol, Moongate is committed to transforming the attention economy system, a market scale exceeding one trillion dollars. The protocol consists of two key layers: the first is a practical layer for brands to issue smart token events for real-world interactions; the second is a data layer that facilitates core users to drive large-scale monetization of on-chain interaction data. Moongate aims to 'de-intermediate' centralized platforms to maximize 'brand-consumer value'. Additionally, it introduces an innovative 'earn by participating' incentive mechanism to encourage consumers to actively engage in brand reward activities and obtain MGT token allocations.

For more information, users can visit the Moongate official website | Twitter | LinkedIn.