MON ProtocolPrice

(MON)

This is a common question due to a ticker conflict where both projects initially used the symbol $MON. MON Protocol is a Web3 gaming and IP publisher associated with Pixelmon, utilizing an ERC-20 utility token. In contrast, Monad is a high-performance Layer 1 blockchain. To avoid confusion, some trading platforms, including LBank, may use the ticker $MONPRO for MON Protocol. Always verify the contract address and project name to ensure you are interacting with the correct asset.

Participation is primarily centered on the official questing portal. Users earn points by linking their social accounts and completing various missions, such as referrals and social tasks. Approximately 30% of the total 1 billion token supply is reserved for community claims. Furthermore, long-term supporters and holders of specific NFTs, such as Pixelmon Gen1, Trainers, or Armoury, were granted early eligibility for community claims during the initial token generation phase.

$MON functions as a core publisher token with several primary uses. It serves as the preferred in-game currency for the Pixelmon ecosystem, including titles like Pixelpals and Warriors of Nova Thera. Holders can stake their tokens to earn points for bidding on partner game airdrops via the protocol's launchpool. Additionally, the token enables IP governance through the MON DAO, allowing holders to vote on licensing and development, while also funding creator grants for third-party developers.

Staking allows holders to gain value through a points-based ecosystem. For every token staked, users earn a base rate of one point per hour. Long-term stakers benefit from multipliers that increase their point accrual over time. These accumulated points provide access to the MON Launchpool, where participants can claim tokens from more than 60 partner Web3 games and intellectual properties integrated with the protocol.

The total supply is capped at 1,000,000,000 tokens. The community is allocated 30% of the supply, with a portion released at the Token Generation Event and the remainder vested over 30 months. Allocations for the ecosystem and team are typically subject to a 12-month cliff followed by linear vesting over 24 to 36 months. This structured release is designed to maintain project stability and encourage long-term commitment from the team and partners.

The project is led by Giulio Xiloyannis and is supported by major venture firms like Animoca Brands, Delphi Digital, and Spartan Group. The vision for MON Protocol is to serve as a leading Web3 gaming publisher, similar to a digital gaming giant. It focuses on developing high-quality internal IPs like Pixelmon while providing infrastructure and distribution for dozens of third-party titles, effectively bridging the gap between traditional gaming and decentralized technology.