The initial listing price of MVP will be at $0.03 and users who are interested in trading are required to undergo KYC first. The official apps of both exchanges are available on the Apple Appstore and Google Play Store.
November 17, 2021 —
Following a successful IDO conducted on the DAO-based launchpad HyperDAO, MVP will be listed on Coinstore & CoinW on November 18, 2021, 13:00 (UTC+8).
MVP is the native token of the decentralised 3D virtual reality platform Microverse. MVP tokens utilize the BEP-20 token standard, and they are used to power the entirety of the Microverse’s ecosystem. The tokens will be used for every microtransaction conducted within the platform, and users can also use MVP tokens to purchase PLOTs of virtual land within the world of Microverse. There will only be 13,810 PLOTs of land in the world, and a majority of these PLOTs will be sold at a fixed rate of 10,000 MVP during an initial sale. Microverse will also be releasing NFT collectibles and assets exclusive to the platform, and only MVP tokens will be accepted as payment. Finally, MVP token holders can also participate in liquidity mining, and they can stake their MVP tokens to receive periodic rewards as a percentage of fees.
The total supply of MVP tokens is fixed at 1 billion tokens. It follows a deflationary measure as a percentage of all transaction fees levied on the platform will be used to buy back and burn MVP tokens every quarter. In addition, MVP tokens used for land purchases during the initial stage will be burnt permanently and removed from circulation.
Ryan Strasser, Chief Operating Officer of Microverse, said: “We are excited to be listing MVP on Singapore-based exchange Coinstore. Singapore has been a key player for cryptocurrency-related businesses, and I believe that the exchange would be able to flourish under positive regulatory climate. This is the perfect place for us to kickstart Microverse’s journey, and I know our supporters are just as excited as I am.”
Official Listing on Coinstore & CoinW
Both exchange platforms will be opening deposit, withdrawal and trading for MVP/USDT and the details are as follows:
- Open time for deposit: 2021/11/18 13:00 (UTC+8)
- Open time for withdrawal: 2021/11/18 13:00 (UTC+8)
- Open time for trading MVP/USDT: 2021/11/18 14:00 (UTC+8)
The initial listing price of MVP will be at $0.03 and users who are interested in trading are required to undergo KYC first. The official apps of both exchanges are available on the Apple Appstore and Google Play Store.
About Microverse
Microverse is a decentralised world-building platform that allows people to build, play and engage in a vast world with endless opportunities to create captivating experiences. Microverse combines the latest trends of DeFi, NFT, GameFi to creates an ecosystem where users, developers and brands can not only enjoy new social opportunities in an alternate metaverse but also co-create a brand-new space with limitless commercial and economic potential.
About Coinstore
Coinstore is a leading digital trading platform with a strong global presence, offering users fast and reliable services with its comprehensive suite of products. The team’s mission is to deliver consistent value to their clients by building a world-class exchange platform and has multiple security layers in place to provide users with a secure trading experience. Since its beta launch back in April this year, the exchange has already attracted more than 200,000 registered users, with daily active users at 3,000 and growing. They currently boast over 43,000 community followers on Twitter.
About CoinW
CoinW is a world-class trading platform, established in 2017, with companies in 120 countries around the world and its headquarters in Singapore. The core members of the platform are early crypto investors, and the technical team hails from Alibaba, Oracle, Google, and the securities industry, with strong experience in high-frequency trading, security and technical architecture development. CoinW focuses on selecting high-quality crypto assets for investors, developing new models of technology and finance for users, and leading new trends in the blockchain industry.
Microverse
Twitter: https://twitter.com/Microverse_
Telegram: https://t.me/microverse_official
Contact Info:
Name: Microverse
Email: Send Email
Organization: Microverse
Address: London, UK
Website: https://www.microverse.global/
Release ID: 89053510
