The Moongate Attention Asset Protocol's native token MGT is officially launched, driving a new era of the attention economy

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 activated for the real world, the Moongate protocol has been actively applied by over 3,800 brands and creators, including well-known names like Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony, since its launch in 2022. It has empowered thousands of brands to launch smart token marketing campaigns, attracting participation from over 1.7 million end users.

With the ongoing 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 activities; at the same time, brands can leverage the protocol for more meaningful interactions with users.

Funding of $5.2 Million, MGT Now Listed on Bitget, Gate.io, and Other Exchanges

To realize 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 funds from several top Launchpad platforms. This funding 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 now been listed on major exchanges and DEXs such as Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.

An Interactive Bridge Between Digital Space and the Real World

The Moongate platform is dedicated to empowering brand building and smart token distribution, providing businesses 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 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 tangible benefits from interactions; brands can obtain research results and corresponding audiences that reflect genuine interest and engagement."

Key Points of the 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 in exclusive launch events, and participate in governance to jointly drive the future development of the protocol.

Brand Activity Creation: Brands can use MGT tokens to create advanced smart token activities with extended functionalities, including deep customer relationship management and analysis to enhance the exploratory value of activities.

Attention Currency: Brands can utilize MGT as rewards 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 about MGT token economics, you can visit Moongate's Medium page.

Community Airdrop

To fulfill its commitment to early supporters, Moongate will distribute a portion of 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 for Moongate

With the successful launch of the MGT token, Moongate will continue to expand platform functionalities while strengthening partnerships with brands in both Web2 and Web3 domains. Upcoming updates include enhanced staking features, an expanded rewards marketplace, and the official launch of the partner token activity launch platform, MoonPad. These advancements will further enhance user engagement, provide robust infrastructure for brand development, and create more immersive experiences for users.

For more information about MGT and Moongate's vision for the future 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, which exceeds a market scale of one trillion dollars. The protocol consists of two key layers—first, a practical layer for brands to issue smart token activities for real-world interactions; second, a data layer that facilitates core users to drive large-scale monetization of on-chain interaction data. Moongate aims to "disintermediate" centralized platforms to maximize "brand-consumer value." Additionally, it introduces an innovative "earn by participating" incentive mechanism, encouraging 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.