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Moongate Launches MGT Token To Drive New Era of Engagement in the Attention Economy

Moongate Launches MGT Token To Drive New Era of Engagement in the Attention Economy

November 28, 2024 – Hong Kong


Moongate has officially launched its native token, MGT, marking a significant milestone in the company’s mission to reshape brand-consumer engagement and redefine the value of user attention.

Moongate is the first attention asset protocol for real-world activations. Launched in 2022, Moongate Protocol is actively utilized by over 3,800 brands and creators, including Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony. The protocol has empowered thousands of brands to launch smart token campaigns, driving engagement from more than 1.7 million end users.

As the digital landscape continues to evolve, the MGT token introduces a structured, incentive-based model for brands and consumers alike. Designed to support real-world brand activations, loyalty programs, and consumer engagement, MGT allows users to earn rewards through participation in token-based campaigns while brands can leverage the protocol to interact more meaningfully with their audiences.

$5.2M in Funding and Upcoming Exchange Listings for MGT

To achieve this vision and further fuel growth, Moongate successfully secured over $5.2 million in total funding. This includes investments from CMCC Global, Cogitent Ventures, and Token Bay Capital, as well as public sale proceeds from multiple Tier-1 launchpads. The fundraise reflects strong market interest in Moongate Protocol and MGT, highlighting growing recognition of Moongate’s role in the attention economy.

Following the launch of the MGT token, it is now trading on Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.

Bridging Digital and Real-World Engagement

Moongate’s platform empowers brands to create and distribute smart tokens, offering a streamlined solution for businesses to connect directly with users both online and offline. Through initiatives such as NFT memberships, event tickets, and token-gated benefits, Moongate facilitates real-world utilities for brands. MGT is at the core of this ecosystem, serving as the primary medium for rewards, user incentives, and engagement tracking.

“We believe that MGT will fundamentally shift how users and brands perceive and value engagement,” said Moongate’s CEO, Jonathan Mui. “With MGT, users gain real benefits for their interactions, while brands can access insights and audiences that reflect genuine interest and commitment.”

Key Features of the MGT Token

The launch of MGT brings multiple features to users and…

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