KEY TAKEAWAYS
- KuCoin lists Moongate (MGT) on its Spot trading platform, with trading starting on November 28, 2024.
- Moongate is an attention asset protocol that enables brands to issue smart tokens for access, rewards, and community engagement.
- The ‘engage-to-earn’ mechanism of Moongate incentivizes consumer participation with brand rewards and $MGT emissions.
- KuCoin advises investors to conduct personal risk assessments due to the inherent risks in cryptocurrency investments.
KuCoin has announced the listing of Moongate (MGT) on its Spot trading platform. The cryptocurrency will be available for trading with the MGT/USDT pair starting at 12:00 UTC on November 28, 2024. Deposits for Moongate are already open, supported via the BSC-BEP20 network, while withdrawals will commence at 10:00 UTC on November 29, 2024.
Moongate is an attention asset protocol designed to facilitate real-world activations. It allows brands to issue smart tokens that provide access, rewards, and community engagement opportunities. Consumers can own their engagement data as assets within their digital wallets. The protocol aims to reduce reliance on centralized platforms and enhance the value exchange between brands and consumers.
Moongate introduces an ‘engage-to-earn’ mechanism, encouraging active consumer participation by offering brand rewards and a share of $MGT emissions. This innovative approach seeks to foster a more interactive and rewarding experience for users.
For more information about Moongate, visit their official website or follow them on X (Twitter). The token operates on the BSC-BEP20 network.
KuCoin has emphasized the importance of conducting personal risk assessments when investing in cryptocurrencies. The platform attempts to screen tokens before listing them, but acknowledges the inherent risks involved in cryptocurrency investments. The full announcement can be found here.
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