MOXIE
No. 920Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
|---|
- Coin Introduction
1. Project Introduction
Moxie's mission is to grow Farcaster's GDP and help Farcaster's members and community prosper. Moxie runs on the Base blockchain and was launched as part of OnchainSummer 2024.
The Moxie Protocol ("Moxie") facilitates an efficient on-chain economy on Farcaster. It supports multiple features such as paid memberships, monetization, member-only features and benefits, Farcaster native advertising models, built-in attribution, rewards and revenue sharing.
Moxie's main cryptocurrency "MOXIE" enables you to participate in the Moxie ecosystem and co-own this project with other members of the community.
The protocol is a coordinated combination of multiple smart contracts that can be executed through Frames, Actions, and Apps/Clients. It represents the foundational technology that anyone can use to add economic incentives to their Farcaster experience.
2. Team Introduction
Sarvesh Jain
Co-founder
https://www.linkedin.com/in/jainsarvesh/
Jason Goldberg
Co-founder
https://www.linkedin.com/in/jasonsethgoldberg/
3. Investment Institutions
Red Beard Ventures, SuperLayer, Polymorphic, Superscrypt
4. Token Application and Distribution
Token Application:
Moxie's native asset MOXIE is an important part of the Moxie economic engine, which constantly requires participants to purchase and lock MOXIE into the Moxie protocol contract, and the protocol destroys MOXIE in every transaction.
Token Distribution:
MOXIE is an ERC-20 token on the Base blockchain. The initial total supply of MOXIE is 10,000,000,000 MOXIE. 50% of the tokens are reserved for the ecosystem and 20% for protocol development. 10% is used to ensure liquidity at launch so that developers can use the protocol.
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.