Monsterra MAG

Monsterra MAG


Key Metrics

Real Volume (24H)$1,048.58
Fully Diluted ValuationN/A
ATH Date9/14/2022, 9:47:32 PM
ATL Date11/28/2022, 9:14:45 PM
Circulating SupplyN/A
Total SupplyN/A
Popularity RankN/A
What is Monsterra MAG?

Monsterra Adventure Game (MAG) is a secondary token that serves as an integral part of the Monsterra game ecosystem. Developed by a team of experienced game developers, Monsterra is a GameFi project that provides a unique gaming experience to users. The game features an open-world environment, and players can complete quests, battle monsters and explore the vast world of Monsterra.

The MAG token is a valuable asset in the Monsterra game, and it can be earned and spent through various gaming activities. Players can earn MAG by completing quests, defeating monsters, and achieving milestones in the game. Once earned, players can spend MAG on various in-game items, including weapons, armors, and other accessories.

One unique feature of MAG is its intelligent in-game burning mechanism, which regulates the token's supply. The maximum supply of MAG is uncapped, but the burning mechanism ensures that the token's value remains stable. Whenever a player spends MAG on in-game items or activities, the tokens are burned, reducing the total supply of MAG in circulation. This process creates a deflationary effect, which can increase the token's value over time.

MAG is also used for governance purposes in the Monsterra game ecosystem. Players can use their MAG tokens to vote on important decisions related to the game's development, such as new features, game mechanics, and future updates. This provides a democratic approach to the development of the game, giving players a voice in the game's direction.

The Monsterra team is dedicated to building a robust technological infrastructure essential in realizing a true metaverse. As part of this goal, the team is developing a Decentralized Autonomous Organization (DAO) and Decentralized Finance (DeFi) protocols that will enable players to have more control over their in-game assets. Through the DAO, players can participate in key decisions about the game's future, while DeFi protocols will enable players to stake their MAG tokens and earn passive income.

In summary, the MAG token plays a significant role in the Monsterra game ecosystem. It is used for gaming activities, governance, and is backed by an intelligent burning mechanism that regulates its supply. The Monsterra team's commitment to developing a robust technological infrastructure further enhances the value of the MAG token, making it a valuable asset for both gamers and investors alike.


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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