The Good Tech Companies - Moongate Launches $MGT Token To Drive New Era of Engagement In The Attention Economy

Episode Date: November 28, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/moongate-launches-$mgt-token-to-drive-new-era-of-engagement-in-the-attention-economy. The pr...otocol has empowered thousands of brands to launch smart token campaigns, driving engagement from more than 1.7 million end users. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #moongate, #chainwire, #press-release, #moongate-protocol-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Moongate has officially launched its native token, $MGT. $M GT is designed to support real-world brand activations, loyalty programs, and consumer engagement. The token is now trading on __Bitget(https://www.bitget.com/spot/MGTUSDT)__, __KuCoin(https:www.kucoin.com/) and __Gate.io (https: www.gate.io)

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Moongate launches $MGT token to drive new era of engagement in the attention economy, by Chainwire. Hong Kong, Hong Kong, November 28, 2024, Chainwire, Moongate has officially launched its native token, $MGT, marking a significant milestone in the company's mission to reshape brand consumer engagement and redefine the value of user attention. Moongate is the first attention asset protocol for real-world activations. Launched in 2022, Moongate protocol is actively utilized by over 3,800 brands and creators, including Binance, OKEx, Token 2049, ETH Denver, Animoca, Wonderfruit, Complexcon, and Sony.
Starting point is 00:00:48 The protocol has empowered thousands of brands to launch smart token campaigns, driving engagement from more than 1.7 million end users. As the digital landscape continues to evolve, the $MGT token introduces a structured, incentive-based model for brands and consumers alike. Designed to support real-world brand activations, loyalty programs, and consumer engagement, $MGT allows users to earn rewards through participation in token-based campaigns while brands can leverage the protocol to interact more meaningfully with their audiences. $5.2M in funding and upcoming exchange listings for $MGTTO achieve this vision and further fuel growth, Moongate successfully secured over $5.2M in total funding. This includes investments from
Starting point is 00:01:34 CMCC Global, Cogitant Ventures, and TokenBay Capital, as well as public sale proceeds from multiple Tier 1 launchpads. The fundraise reflects strong market interest in Moongate protocol and $MGT, highlighting growing recognition of Moongate's role in the attention economy. Following the launch of the $MGT token, it is now trading on BitGit, KuCoin, Gate.io, MEXC, and PancakeSwap. Bridging digital and real-world engagement Moongate's platform empowers brands to create and distribute smart tokens, offering a streamlined solution for businesses to connect directly with users both online and offline. Through initiatives such as NFT memberships, event tickets, and token
Starting point is 00:02:16 gated benefits, Moongate facilitates real-world utilities for brands. $MGT is at the core of this ecosystem, serving as the primary medium for awards, user incentives, and engagement tracking. Greater than, we believe that Dollar MGT will fundamentally shift how users and brands perceive greater than in value engagement, said Moongate's CEO, Jonathan Mui. Greater than, with Dollar MGT, users gain real benefits for their interactions, while brands can greater than access insights and audiences that reflect genuine interest and commitment. Key features of the $MGT token The launch of $MGT brings multiple features to users and brands. User staking and rewards.
Starting point is 00:02:58 Users can stake $MGT to earn incentives, receive an allocation to exclusive launches, and participate in governance, shaping the protocol's future development. Campaign creation for brands. Brands can use DollarMGT to create premium smart token campaigns with expanded functionalities, including an in-depth CRM, analytics, and improved discoverability. Currency for attention. Brands can utilize DollarMGT as a reward to capture eligible users' attention and engagement. This becomes a more efficient customer acquisition channel, enabling a new paradigm where ad spent goes directly towards the end-user,
Starting point is 00:03:36 rather than any intermediaries. For more information about $MGT tokenomics, users can visit Moongate's Medium. Airdrop in line with Moongate's commitment to rewarding early supporters. The protocol will distribute a portion of the total $M-G-T supply through a Community Airdrop. The snapshot was taken on November 15, 2024, and eligible users can now claim their $M-G-T tokens on claim. Moongate, id, what's next for Moongate with the launch of $MGT? Moongate is set to expand its platform features while strengthening its partnerships with both Web2 and Web3 brands. Upcoming updates include enhanced staking features, an expanded rewards
Starting point is 00:04:17 marketplace, and the release of Moonpad, a launchpad for partner token campaigns. These developments aim to deepen user participation and provide brands with powerful tools to create immersive experiences for their audiences. For more information on DollarMGT and Moongate's vision for the future of attention assets, users can visit Moongate's official website. About Moongate Moongate is an attention asset protocol disrupting the $1 trillion plus attention economy. The protocol consists of two key layers, a utility layer for brands to issue smart token campaigns for real
Starting point is 00:04:51 world engagement, and a data layer where such in-chain engagement data are monetized at scale by key stakeholders. Moongate aims to disintermediate centralized platforms to maximize abrant consumer value. It also introduces an innovative, engaged-to-earn mechanism that promotes active consumer participation for brand rewards and a share of dollar MGT emission. To learn more users can visit Moongate's official website, Twitter, LinkedIn contact co Jonathan Mui Moongate contact at Moongate. Id. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story,
Starting point is 00:05:31 read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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