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.'

As an attention asset protocol aimed at real-world activation, since its launch in 2022, the Moongate protocol has seen active applications from 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 participation from over 1.7 million end users.

As the digital world continues to evolve, the MGT token will introduce structured incentive models for brands and consumers. Notably, MGT is specifically designed to support the activation of real-world brands, loyalty programs, and consumer engagement, allowing users to earn rewards by participating in token-based activities; meanwhile, brands can leverage the protocol for more meaningful interactions with users.

Raised $5.2 million, MGT has been listed on exchanges such as Bitget, Gate.io, and others.

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

After the launch of the MGT token, it has currently been listed on mainstream exchanges and DEXs such as Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.

A bridge for interaction between the digital space and the real world

The Moongate platform is dedicated to empowering brand building and smart token distribution, providing businesses with streamlined solutions that link online and offline user groups directly. Through channels such as NFT memberships, event tickets, and token payment rights, Moongate offers brands the possibility to unlock real-world benefits. At the core of this ecosystem is the MGT token, serving as the primary 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 real benefits from interactions; brands can obtain survey results and corresponding audiences that reflect genuine interest and participation.'

Key Points of MGT Token

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

User Staking and Rewards: Users can stake MGT to earn incentives, gain corresponding shares of exclusive launch events, and participate in governance to jointly promote the future development of the protocol.

Brand Event Creation: Brands can use MGT tokens to create advanced smart token campaigns with enhanced features, including deep customer relationship management, analysis, and increased event exploration value.

Attention Currency: Brands can use MGT as a reward to attract the attention and engagement 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 on MGT token economics, please visit Moongate's Medium homepage.

Community Airdrop

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

Future Plans for Moongate

With the successful launch of the MGT token, Moongate will continue to expand platform features while strengthening partnerships with brands in both Web2 and Web3 fields. Future updates include enhanced staking features, expanded rewards marketplaces, and the official launch of the partner token event platform MoonPad. These advancements will further enhance user engagement, provide a strong infrastructure for brand development, and create more immersive experiences for users.

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

About Moongate

As an attention asset protocol, Moongate aims to change the attention economy system, which has a market size of over one trillion dollars. The protocol consists of two key layers—first, a practical layer for brands to issue smart token campaigns for real-world interactions; second, a data layer that allows core users to drive large-scale monetization of on-chain interaction data. Moongate aims to 'decentralize' centralized platforms to maximize 'brand-consumer value.' Additionally, it introduces an innovative 'earn by participating' incentive mechanism to encourage consumers to actively participate in brand reward activities and obtain MGT token allocations.

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