Coins Wiki: $MV (GensoKishi Metaverse)

GensoKishi Metaverse (MV) is built on the Polygon proof-of-stake (PoS) network and allows users to stake, vote, create unique original items and characters, and pay in-game trading fees.

Token name

Metaverse

Ticker

MV

Website

https://genso.game/

Network

Polygon PoS

Summary of Token

MV is the governance token for Gensokishi Online, a 3D

MMORPG based on the award-winning game "Elemental Knights." The token is used for staking, voting rights, creating unique original items and characters, and in-game trading fees.

Overview of Token

MV was released on January 27th, 2022, with an initial circulation supply of 290,000,000, representing 14.5% of the total supply of 2,000,000,000. The token is traded on several cryptocurrency exchanges and has a market cap of $5.8M.

Circulating Supply

290,000,000 MV

Max Supply

2,000,000,000 MV

Blockchain

Polygon PoS

Governance Token

MV is a governance token that allows token holders to

vote on policy decisions related to Gensokishi Online through a DAO.

Fun Facts

Gensokishi Online has a 15-year history and is popular in Japan,

China, and Taiwan. It is the only play-to-earn game with a 13-year-old history. In addition, all in-game items will be registered on the blockchain to be transferred, sold, and bought as NFTs.

Where to Buy & Sell

MV is traded on several cryptocurrency exchanges, including Gate.io and PancakeSwap.

Token Use Cases

MV has several use cases within the Gensokishi Online ecosystem, including the ability to buy fashionable equipment at a discount price, the right to power up fashionable equipment, the ability to buy various paid items at exclusive prices, staking for ROND rewards, and the ability to participate in closed alpha and beta tests. Additionally, MV allows token holders to create and offer fashionable equipment, purchase the rights to create lands, monsters, and NPCs, and participate in governance decisions through a DAO.

What is GensoKishi Metaverse (MV)?

GensoKishi Metaverse (MV) is the governance token of the Gensokishi Online 3D MMORPG game. It is built on the Polygon proof-of-stake (PoS) network and allows users to stake, vote, create unique original items and characters, and pay in-game trading fees.

MV Economy

The MV Economy is designed to incentivize users to participate in the Gensokishi Online game and its community. Players can earn MV tokens by staking their holdings and participating in the game's governance.

They can also use MV to purchase exclusive items at discounted prices and pay trading fees on the platform.

Recent MV Developments

Recently listed on Swissborg:

MV Technology

The MV Technology utilizes the Polygon PoS network, which offers fast and low-cost transactions. It also leverages non-fungible tokens (NFTs) to create unique and scarce in-game items that can be traded on the blockchain. The platform also plans to introduce user-generated skins, characters, maps, and original content.


Disclaimer: The information and publications in this article are not intended to be and do not constitute financial advice, investment advice, trading advice, or any other advice or recommendation offered or endorsed by Coins.

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