News Scrap

TL;DR

  • Moonveil’s ICO and Node Sale: Moonveil, a Layer-2 gaming platform, will launch its ICO and node sale on October 22, 2024, marking a significant step in its web3 gaming journey.
  • Polygon Labs’ $2M Investment: Polygon Labs has invested $2 million in Moonveil, with $1 million dedicated to fast-tracking projects within the AggLayer ecosystem.
  • Role of Node Operators: Node operators will ensure network stability and security, with nodes activating in Q1 2025 and tokens distributed over three years.

Moonveil, a prominent Layer-2 gaming platform, is gearing up for a significant milestone with its upcoming Initial Coin Offering (ICO) and node sale. Scheduled to commence on October 22, 2024, these events mark a pivotal moment in Moonveil’s journey towards revolutionizing the web3 gaming landscape.

Details of the Node Sale

The node sale will feature the release of 50,000 nodes, available in two distinct phases. The first phase, known as the Whitelist Round, will begin on October 22, allowing early participants to secure their spots by engaging in Moonveil’s campaigns and Ask Me Anything (AMA) sessions.

Following this, the Public Round will start on October 24, opening the opportunity to a broader audience. In a significant boost to Moonveil’s ambitions, Polygon Labs has invested $2 million into the platform.

This investment underscores Polygon’s commitment to advancing the next era of gaming through ZK-powered technology and seamless interoperability. Of the total investment, $1 million will be allocated to fast-track projects connected to the AggLayer within Moonveil’s ecosystem.

Moonveil Prepares for ICO and Node Sale on October 22

Role of Node Operators

Node operators will play a crucial role in Moonveil’s progressive decentralization strategy. They will be responsible for ensuring data availability, proof verification, and transaction sequencing, which are vital for maintaining network stability and security.

The activation of these nodes is planned for Q1 2025, with 25% of the tokens for node operators being unlocked following the Token Generation Event (TGE), and the remaining tokens distributed over three years.

Moonveil’s Vision for Web3 Gaming

Moonveil’s visionary strategy for web3 gaming aligns with Polygon Labs’ concept for the future of blockchain. By integrating with AggLayer, Moonveil aims to provide a seamless cross-chain gaming experience, allowing users to interact with different blockchain systems effortlessly.

This integration is expected to redefine the gaming landscape, combining blockchain technology with immersive gaming experiences. As Moonveil prepares for its ICO and node sale, the platform is poised to make a significant impact on the web3 gaming industry.

With strong backing from Polygon Labs and a clear vision for the future, Moonveil is set to become a key player in the evolving world of blockchain gaming.