Moonveil Announces Upcoming ICO and Node Sale
Moonveil will launch its ICO and Node Sale on October 22, 2024, offering investors 20% of its token supply to support its gaming platform.
Moonveil, a gaming-focused blockchain project, has announced its upcoming Initial Coin Offering (ICO) and Node Sale Round, scheduled to begin on October 22, 2024. The project aims to attract investors and partners to support the next stage of its development. With the ICO, Moonveil intends to distribute a portion of its native tokens, while offering nodes as part of its network expansion strategy.
The upcoming Node Sale is a significant component of Moonveil’s fundraising efforts. A total of $200 million worth of tokens, equivalent to 20% of the total supply, will be allocated for this round. The sale is structured to incentivize early adoption, with 25% of node activation rewards unlocked at the Token Generation Event (TGE). This early distribution model is expected to attract potential investors looking for long-term returns and to support the project’s ecosystem.
Moonveil has already conducted its Seed Round, successfully raising $5.4 million from a range of notable venture capital firms. Key investors include gumi Cryptos Capital, IOSG Ventures, LongHash Ventures, and HashKey Capital. The Seed Round, which concluded on October 27, 2023, helped establish a strong foundation for Moonveil’s growth and further development. Each of these firms has invested in Moonveil’s early stages, indicating strong institutional backing and confidence in the project’s future.
The upcoming ICO will serve as an opportunity for retail investors to participate in Moonveil’s journey, with tokens distributed based on demand and market interest. Moonveil’s strategy is to expand its gaming platform, which integrates cutting-edge blockchain technology to enhance gaming experiences. The project’s aim is to provide a unique blend of entertainment and financial flexibility to its user base, making it a competitive player in the blockchain gaming sector.
The announcement of the Node Sale Round follows a period of growth and increasing interest from both retail and institutional investors. Moonveil’s team is focused on building a sustainable ecosystem that rewards participants and provides tangible utility for the tokens. This model is designed to drive long-term engagement and network security, ensuring the integrity and robustness of its blockchain infrastructure.
As Moonveil gears up for its ICO, it emphasizes the role of transparency and strategic partnerships in its expansion plans. Investors are encouraged to monitor the project’s progress and consider the potential benefits of participating in the Node Sale and ICO. With substantial backing from established venture capital firms and a well-defined roadmap, Moonveil aims to solidify its position in the emerging market of blockchain-based gaming.
The project’s mission is to revolutionize gaming by combining innovative technology with an engaging user experience. Through its ICO and Node Sale, Moonveil hopes to attract early supporters who share its vision of creating next-generation gaming ecosystems that leverage blockchain for security, transparency, and scalability.
More details about the sale and distribution will be available on the official Moonveil website and its Medium publication. Interested participants are encouraged to stay updated by following Moonveil’s announcements on social media channels and subscribing to the newsletter to receive the latest information on the upcoming ICO and investment opportunities.
