What is MOON Coin? Full Story About MoonEgde Project

Accompanied by the prospects and widespread popularity of the Polygon ecosystem, the demand for selecting and evaluating the legitimacy of new projects on this network is also increasing. To address this issue, MoonEdge has been developed as the perfect solution for the task of evaluating and fairly and transparently allocating IDO projects. Join Finance Solutes in reviewing the summarized information about the MoonEdge project and the application of the MOON Coin in the article below! 

1. MOONEDGE PROJECT (MOON)

What is MoonEdge (MOON)? MoonEdge is a next-generation launchpad platform dedicated to supporting innovative IDO projects within the Polygon crypto ecosystem, focusing on secure and equitable fundraising functionality. In case you didn’t know, IDO stands for Initial DEX Offering, which refers to the first coin offering on a decentralized exchange (DEX).

Currently, with its multi-chain functionality, MoonEdge is getting closer to true interoperability by seamlessly integrating all Ethereum Virtual Machine (EVM) and non-EVM chains. With a planned gamified environment and a decentralized autonomous organization (DAO), MoonEdge ultimately aims to become an essential component in the mission to widely popularize the crypto ecosystem.

2. OPERATING MECHANISM

MoonEdge applies a fair-tier system as follows:

• Minimum holding requirement for each tier.
• Tiers are dynamically adjusted based on weighted pool size.
• Project allocations vary by tier.
• Snapshot is taken before launch to determine tier eligibility.

MoonEdge issuance is offered in two rounds:

• Round 1: Guaranteed allocation for each MoonEdge participant (based on their tier).
• Round 2: Redistribution of unsold tokens based on the tier system, sold via a First Come, First Served (FCFS) mechanism.

3. KEY HIGHLIGHTS OF THE PROJECT

What makes MoonEdge stand out? It’s the platform’s strong prioritization of the project community and the foundational builders.

For the project-supporting community, MoonEdge introduces one of the fairest tiered systems designed with a low entry barrier—ensuring no investor is left behind. With guaranteed allocations, there’s no need for luck or racing against bots to secure a spot in any IDO project.

The fair-tier system continues to evolve, with new fair mechanisms being implemented, post-IDO data analysis being refined, and a dedicated community tier set to be launched soon.

Only top-quality projects that have undergone rigorous vetting are hosted, ensuring that the MoonEdge community gains access to the best opportunities possible. Selection criteria include the project’s innovative approach, whitepaper, technical development, team, business plan, tokenomics, roadmap, and more.

For project builders, MoonEdge facilitates decentralized fundraising and enables fair token distribution to a large community. Additionally, the MoonEdge platform allows for extensive IDO customization through a user-friendly interface—vesting integration being one example.

Moreover, MoonEdge and its partners provide full-stack expertise to the projects launched on the platform. Their teams can benefit from technical support, marketing, advisory, and legal services.

4. ROADMAP

Q2 2021

• Adjust token swapping within the pool
• Launch tiered Staking and Rewards system
• Integrate KYC and develop partnerships

Q3 2021

• Build community voting mechanism
• Filter and refine governance model
• Research and develop DAO system

Q4 2021

• Migrate to DAO
• Distribute revenue to MOON token holders
• Integrate OTC trading

5. WHAT IS MOON COIN?

MOON Coin is the native token of the MoonEdge ecosystem and serves the following purposes:

• IDO Participation: Token allocation system based on the amount of MOON held by users.
• Governance and Staking: On-chain voting on MoonEdge development directions such as hosted projects and project evaluators.
• Staking Rewards: Incentives for providing liquidity.

5.1. MOON Coin Information

• Token Name: MOON Token
• Blockchain: POS chain (Polygon)
• Token Standard: ERC20
• Token Type: Utility
• Total Supply: 200,000,000 MOON

5.2. MOON Coin Allocation Plan

• Seed: 10% at listing, then 0.33% daily over 9 months
• Private: 16% at listing, then 0.40% daily over 7 months
• Public: 25% at listing, then 12.5% every two weeks
• Liquidity: 30% at listing, then 22.5% every two weeks
• Marketing: 5% at listing, then 9.5% unlocked monthly
• Team: 3-month lock, then 25% unlocked quarterly
• Advisors: 3-month lock, then 25% unlocked quarterly
• Staking Rewards: Fully locked until the staking system is launched
• Reserve: 1-month lock, then 20% unlocked quarterly

6. BACKERS

The project has attracted numerous backers such as SkyVision Capital (SVC), Chainguardians, Grizzly Capital, and more.

7. SUMMARY

This article has provided a detailed overview of the MoonEdge project and the utility of the MOON Coin. In summary, MoonEdge is committed to conducting a rigorous vetting process to ensure that only top-tier projects are introduced to the MoonEdge community. Alongside this, its fair-tier system is designed to create equal opportunities for all community members.