INTRODUCTION
The Defi system has been facing the issue of inadequate distribution of cryptocurrencies which pilot the activities and transactions in the system. A larger percentage of the most valuable tokens that are in circulation are in the custody of few people, due to the traditional method of distribution of the tokens. This inadequate distribution of tokens has placed the control of the system in the hands of these few individuals, thereby limiting the growth of the system.
MoonConnect was established to correct this issue of uneven distribution of tokens by placing its token in the hands of many holders across the universe. The platform is built on the network that has the largest number of users across the globe, which is the BSC. This will give it the opportunity to distribute its token to as many people as possible. The management will adopt various to ensure that 70% of its tokens get to over 500,000,000 users in various countries of the world. These measures will include airdrops, bounty, rewards to the team and community members for their contributions to the development of the community and other marketing and developmental activities.
The Decentralised finance is systematically taking over the financial system across the globe. A lot of platforms are springing up daily with various coins that control the transactions on these platforms. This development has attracted great individuals and institutions who have invested billions of dollars to boost the system. Most financial transactions across the world are presently being done with crypto currencies, but the tokens are not fairly distributed to the people to enable them to participate actively in the system in order to improve the socioeconomic conditions of the people and the growth and development of the system. The traditional system of distribution of tokens had placed tokens in the hands of few individuals. Most valuable coins like Bitcoin, Etherum, BUSD, BNB, Tron etc are owned by a few individuals and organizations who use them to manipulate the system.
The community is governed by crypto currency known as MCONN. 1 Quadrillion tokens will be provided for the project by the management. Measures will be put in place to ensure that 70% of the tokens in circulation are held by over 500 million people across many different countries across the world.
MOONCONNECT FEATURES
MoonConnect Wallet
MoonConnect Wallet is a mobile digital token storage wallet designed to provide easy and simple access by any user. It can be easily started within a few seconds with the $MCONN by the user even without having any knowledge about crypto. Users can Store, Send or Receive tokens in their wallets. The wallet is designed to interact easily with other crypto wallets and will be unlocked on 500K Holders.
Mooncash Incubator
This is a process whereby MoonConnect Holders are allowed to collect tokens from the community incubator to be used in the Orbit station, they can also sell the tokens to make great extra profit. This feature will be unlocked after 1 million holders.
MoonConnect Colonizer
This is an NFT marketplace. It will feature fresh NFT arts that can only be purchased with MoonConnect tokens. It provides an opportunity for talented users in the community to learn, create and compete with NFT arts to earn rewards. It will be unlocked on 2M Holders.
MoonConnect Tools
This includes every other feature that is instrumental for the success of the project on the BSC. Such include Live Charts, CoinTrackers, Wallet Trackers, etc. These features will be launched with Next-Generation Infrastructure, and will be unlocked on 3M Holders.
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