Introduction:
Moonray is a decentralized gaming and entertainment network that is set to transform the way we interact with blockchain-based games. Powered by its utility and governance token, $MNRY, Moonray supports a wide array of projects across gaming, comics, and animation. The Moonray ecosystem is designed to empower creators and players, providing them with the tools to thrive in the ever-expanding Web3 world.
$MNRY, an ERC20 token, plays a pivotal role in the Moonray ecosystem, offering utility within the Moonray Game, Moonray Mobile, and upcoming projects developed by Moonray Studio. As the ecosystem grows, the $MNRY token will evolve to unlock new opportunities for players and creators alike.
The Moonray Game: A Next-Generation Combat Experience
The first game developed by Moonray Studio is an adrenaline-pumping, AAA, melee-style arena combat PVP game. Set in an otherworldly multiplayer combat arena, the game offers fast-paced battles where players must master both offensive and defensive strategies to outmaneuver their opponents. The game is currently available on the Epic Games Store, with plans for a PlayStation release soon, bringing the intense action to even more players around the globe.
Team and Vision
Rodrigo Etcheto, the founder and CEO of Moonray, leads a team of passionate developers focused on delivering groundbreaking gaming experiences in the Web3 space. With a background as a successful serial entrepreneur, Rodrigo brings a deep understanding of real-time graphics and blockchain technology to the table, ensuring that Moonray pushes the boundaries of what’s possible in gaming.
Investor Support
Moonray has garnered strong backing from prominent investors, having raised $3.5M in a seed round on December 14, 2021. Investors include Animoca Brands, LD Capital, Sfermion, GBV Capital, Exnetwork Capital, LucidBlue Ventures, DWeb3 Capital, LongHash Ventures, and several others, solidifying the project’s credibility and potential within the blockchain gaming space.
$MNRY Tokenomics
The $MNRY token is designed to fuel the Moonray ecosystem, acting as both a utility and governance token. It plays a key role in Moonray Game, Moonray Mobile, and future games under the Moonray Studio banner. Here is a breakdown of the token allocation (Source: project overview on Gate.com exchange):
- Market Makers + Exchange Liquidity: 6% (100% unlocked at TGE)
- Player Rewards: 15% (gradually released over 48 months)
- Reserve Pool: 13.5% (gradually released over 48 months)
- Advisors: 5% (12-month lock-up)
- Team: 15% (12-month lock-up)
- Ecosystem: 36.5%
- Equity Investor Allocation: 3.1%
- Private Round 1: 5.9% (12-month lock-up)
The maximum supply of $MNRY is capped at 1 billion tokens, with a public sale price of $0.08 per token. As the ecosystem expands, the utility of $MNRY will grow, offering exciting new opportunities for its holders.
Market Cap and Token Performance
The market capitalization of Moonray’s $MNRY token stands at $7.69 million, with a circulating supply of 86 million MNRY tokens. The token was released on December 17, 2024, at an issue price of $0.08. Since its launch, $MNRY has seen significant price fluctuations, with an all-time high of $0.21328 on December 18, 2024, and an all-time low of $0.06607 on December 20, 2024.
The total supply of $MNRY is capped at 1 billion tokens, with a fully diluted market cap of $89.42 million. Currently, 8.6% of the total supply is in circulation, and there are 315 holding addresses at the time of writing, 27th December 2024.
Image: Seven Day (7-Day) Moonray $MNRY token chart on Coinmarketcap
How to Buy $MNRY
To buy $MNRY, start by choosing a major exchange that supports the token, such as Gate.com or PancakeSwap. Next, create an account on the exchange and complete any necessary KYC verification steps.
Once your account is set up, deposit funds into your exchange wallet, either in fiat or cryptocurrency like ETH. After funding your account, search for the $MNRY trading pair (e.g., MNRY/ETH), and place your order. Finally, to ensure the security of your tokens, transfer them to a Web3-compatible wallet for safekeeping.
Conclusion
Moonray is positioned to be a game-changer in the Web3 space, combining cutting-edge blockchain technology with immersive gaming experiences. With a strong token utility, a growing ecosystem, and the support of key investors, Moonray is set to redefine the future of gaming and entertainment. Whether you’re a player, creator, or investor, the Moonray ecosystem offers exciting opportunities for all.
