Sacramento News-Online

E-Learning Platform MagnumMeta Announces Token Launch

 Breaking News
  • No posts were found

E-Learning Platform MagnumMeta Announces Token Launch

June 22
02:51 2022

Denver, CO – MagnumMeta is an established E-Learning platform. As a market leader, it has led the way by offering a wide range of online courses for the past three years. 

With the imminent arrival of Web 3, MagnumMeta is set to offer E-Learning services that will utilize blockchain technology. In addition, there is a strong roadmap in place to expand beyond E-learning and proceed into a broader Web 3 ecosystem.

MagnumMeta is on course to launch the Magnumbit (MGB) token. The token will serve as the governance token of the MagnumMeta ecosystem. 

MagnumMeta has solid Tokenomics for the $MGB token, designed to provide good potential returns for holders. It will also foster stability within the $MGB token ecosystem and extend into the upcoming MagnumMeta metaverse.

MGB will be developed on the Polygon Network with a total capped supply of 500 million tokens. 

MagnumMeta will be releasing 117,500,000 tokens to raise a maximum of 10 million USD in private, presale, and public rounds. 

The utility features of the MGB token include:

Stake To Earn Rewards 

115,000,000 MGB tokens have been allocated and reserved for the $MGB staking program. All $MGB holders will have the opportunity to stake their tokens and earn passive income 

The staking model has been designed with a minimum token lock period to ensure the staking program is sustainable. 

MagnumMeta is offering an initial fixed APY of 30%, which will be decreased systematically over time. 

Users will get 30% interest for staking in a year, translating to an average reward of 2.5% Monthly, 0.625% weekly, and 0.083% daily. 

Payment For Online Courses And Transaction Fees 

Students will be able to pay for their E-courses with $MGB tokens. 

Tutors and businesses who wish to offer E-courses through MagnumMeta can finalize payments with $MGB tokens.

Governance 

MagnumMeta will function as a Decentralized Autonomous Organization where token holders are entitled to some decision-making processes within the ecosystem. 

MGB holders can vote and make governance proposals by staking MGB for a fixed term (at least three months). 

The longer the duration of staking, the more voting power the user obtains, making them stakeholders and not just token holders. 

Community And Partner Rewards 

All MagnumMeta existing users before Magnumbits token launch will receive an equal amount of MGB they have currently in their back office. 

25% of the MGB tokens received are released, and 75% are released progressively for 12 months. 

Users of MagnumMeta services are rewarded based on specific actions to earn tokens. For example:

  • Purchasing products above a certain amount, 

  • Purchasing a particular product,

  • Writing reviews on services they have purchased, 

  • Onboarding active users through a referral system.

Purchase Goods And Services Within The MagnumMeta Ecosystem

Users can purchase or rent Metaverse land with MGB tokens as the project roadmap becomes a reality.

There will be an expansion into helping businesses and individuals utilize the blockchain in arenas such as E-Commerce, E-Learning, and NFTs. MGB tokens will be used as the currency to enable the successful transaction.

To conclude, MagnumMeta is a pioneer in moving E-Learning into the Web 3 space, and the $MGB token is an essential part of the ecosystem.

The $MGB total supply, in contrast to tokens from other blockchain projects, is low. It will ensure the price of $MGB tokens remains high. 

Further measures such as a progressive token burn and a deflationary token model are also in place to maintain a high market value.

Learn more about MagnumMeta’s token launch:

Website: https://magnummeta.com

Twitter: https://twitter.com/MagnumMeta

Instagram: https://www.instagram.com/magnummetaofficial/

Facebook: https://www.facebook.com/MagnumMetaofficial

LinkedIn: https://ng.linkedin.com/company/magnummeta

Medium: https://medium.com/@magnummeta

Telegram: https://t.me/+wNxauloybgYzNDQ8 

Contact

Jayper Manson

[email protected]

Media Contact
Company Name: MagnumMeta
Email: Send Email
Country: United States
Website: https://magnummeta.com