MTG Token operates on the Move To Gamble (MTG) platform, a project connecting the Move to Earn trend with gambling and meme token economics. The token provides security for holders and operates on a net deflationary economy, and the burned tokens go to a lottery pot. The lottery pot distributes tokens to 10 randomly selected wallets registered, waiting for the user to move their tokens. The transaction value increases with the frequency of their transactions, making them a potential candidate for selecting the ten winning wallets. When a user swaps a token on decentralized exchanges, they automatically participate.
A Bit About MTG Token
MTG is the first upcoming token to launch via DAO Maker's baby token minter. It is a community-driven token with a game theory that rewards people that burn the token and increase token holders. It stands for a Move to Gamble project, used in gambling, and a move to earn experience. The token is under a net deflationary economy where more tokens are burned than inflated. MTG maintains high-security standards for its token holders. The token is also utilized in the MTG Farm where holders can stake it and earn rewards. It is within the built-in reward system for holders.
Combining the worlds of gambling, move2earn, and meme tokens into one revolutionary project!CryptoLists.com
DAO Maker supports MTG and launches this token via its baby token minter. MTG Token works under a Move to Earn project that collaborates with meme and gambling token economics. It's a community token that encourages on-chain transactions through an in-built Raffle system. Token holders win frequent rewards from the lottery system while users become automatic participants when they swap tokens on Decentralized exchanges. When each transaction burns 1%, the token becomes net deflationary, and the 1% is part of the Raffle System. MTG is the first test incubation of DAO Maker's latest incubation program. It is a token for the first project connecting the Move to Earn trend with meme tokens and burning tokenomics. The token collaborates with a vast network of KOLS to increase users who play with MTG. An increase in volume increases the token's value as the value of raffle and burns increases.
Utility of MTG Token?
Token holders automatically participate in the lottery when transacting the token in decentralized exchanges. Also, the holders who move participate as they transact and burn the token. You can swap or transact tokens to gain automatic participation in the lottery. The transactions burn 1% and send 1% to the lottery pot. Ten wallets win the lottery weekly, and users earn one ticket for every token they burn.
The token's growth mechanism will go live one month after the launch. The product recently went live, and with every transaction, 1% of the tokens will be burned, providing utility to the token. Another 1% is added to the pot for a weekly raffle giving players an automatic ticket entry into the weekly lottery.
MTG is under a net deflationary economy which burns more tokens of its constant circulating supply. It is used in the constant raffle mechanism giving users a continuous chance to win rewards. Users must move their tokens to gamble and earn rewards from the raffle system.
MTG Token Price detailsBSC Contract address: 0xF1B602fC211e3E2976eF44E4017b764a778197E0
›› Details & Tokenomics
Advantages of MTG Token+ A built-in reward system that incentivizes on-chain transactions.
+ It has unlimited deflation with a bullish token shortage to increase its value.
+ It burns 1% of MTG tokens with each transaction.
+ Frequent transactions give users high chances of winning the lottery.
+ Operates under the first DAO Maker's latest incubation program project.
Disadvantages- The token is relatively new in the market.
- The token's project is a pioneer whose outcome is unpredictable.
- MTG is still in its beta testing.
- It is susceptible to price volatility.
- Founders of the token are still unknown.
Costs▪ Rated at 8.5/10
The transaction fees take 1% of the tokens getting burned, and this percentage goes to the weekly lottery pot. When users transact with MTG on decentralized exchanges, the fees vary depending on the platform. The price could change depending on the cryptocurrency market situation.
Reputation and Buzz▪ Reputation rated at 8.5/10
▪ Buzz rated at 10/10
The token is the first test of an incubation program, making people anticipate its model. The combination of the Move to Earn model with meme and gambling token economics encourage players talk about it on social media platforms. The social media pages have gained interest among their users over the past two months. Users were excited about the token pre-sale hosted by leading players in the crypto scene.
DAO Maker's participation in the pre-sale token registration makes users curious about this token. Active members of the MTG community were excited to be involved in the token pre-sale. DAO Maker is a leading launchpad with 500,000 registered users. Its association with MTG boosts the token's reputation. Users rave about having a token that lets them earn while making transactions. The token combines baby-token mechanisms with world-class tokenomics.
What is MTG's maximum token supply?
MTG has a total supply of 1,000,000,000 and had a 16% initial circulating supply.
Which is the top cryptocurrency exchange for trading in MTG Token stock?
MTG was recently listed on the popular crypto exchange Gate.io after an IEO with an airdrop of $30,000.
How can a user increase their chances of winning the lottery?
The more a user transacts, the more tokens they burn, which increases the chances of winning the token from the lottery pot.
How do I join the Raffle System?
Users who make on-chain transactions in a week join that weekly lottery, automatically.
History of MTG Token
5th January 2023 -The MTG Pre-Sale goes live on the DAO Maker with 200% oversubscribed with $150K Public SHO/$150K DAO SHO.
11th January 2023 - Launched registration for $MTG presale on Infinity Pad for a chance to win an allocation.
17th January 2023 - MTG announces an MTG IEO on popular crypto exchnage, Gate.io from, January 18th to January 19th with an airdrop of $30,000.
19th January 2023 - MTG achieved listings on PancakeSwap and Gate.io to be available for trade to the community and further explains the burning and raffling system.