Moongate, a protocol that aims to reshape the relationship between brands and consumers, has recently launched its native token MGT. The protocol, which supports real-world brand activation, loyalty programs, and consumer interaction, has attracted over 3,800 brands and creations since its launch in 2022, including well-known brands such as Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony.
MGT tokens will introduce a structured incentive model for brands and consumers, and has been listed on Bitget, Gate.io, and other exchanges. Moongate’s CEO, Jonathan Mui, said that MGT will fundamentally change how users and brands perceive and evaluate interactions. The token will allow users to earn rewards for participating in token-based activities, and brands can use the protocol to create smart token campaigns that enable more meaningful interactions with users.
Moongate has successfully raised over $5.2 million in financing, including investments from CMCC Global, Cogitent Ventures, and Token Bay Capital, and public funds from leading Launchpad platforms. This financing result reflects the market’s strong interest in the Moongate protocol and MGT, and highlights the market’s high recognition of the important role Moongate plays in the attention economy.
The Moongate platform is committed to empowering brand building and smart token distribution, and provides enterprises with streamlined solutions that directly connect online and offline user groups. Through channels such as NFT membership, event tickets, and token payment rights, Moongate provides brands with the possibility to connect real-world rights and interests.
Moongate’s future plans include expanding platform functions, strengthening partnerships with related brands in the Web2 and Web3 fields, and introducing enhanced staking functionality, an expanded reward market, and the official release of MoonPad, the partner token event launch platform.
Source
<p>The post Moongate Launches Native Token MGT: Empowering Brands and Users in the Attention Economy first appeared on CoinBuzzFeed.</p>