Token

Generation

Polygon

Moonveil, a Layer-2 gaming platform, has announced the details of its upcoming node sale and a major investment from Polygon Labs. Starting October 22, Moonveil will offer 50,000 nodes to its community. 
The sale will occur in two ways: a Whitelist Round that will begin on October 22 and a Public Round starting on October 24.&nbsp;Participants interested in buying a node can secure a spot on the whitelist by participating in Moonveil’s campaigns and Ask Me Anything (AMA) sessions. 
Moonveil’s <a href="https://www.cryptotimes.io/2024/10/08/moonveil-launches-of-gamer-centric-layer-2-chain-testnet/">new Layer-2 platform</a> is built using the Polygon Chain Development Kit (CDK) and will connect with the AggLayer for a seamless cross-chain experience. This connection will allow users to interact with different blockchain systems easily. 
According to Marc Boiron, the CEO of Polygon Labs “Moonveil’s innovative approach to web3 gaming aligns with Polygon Labs’ vision for the future of blockchain.” 
Moreover, Polygon has invested $2 million in the platform, with $1 million going to support projects connected to the AggLayer in Moonveil’s gaming world.&nbsp; 
Boiron explained that “by supporting Moonveil nodes, we are reinforcing our commitment to advancing the next era of gaming through zk-powered technology and seamless interoperability.” 
The Node activation is planned for Q1 2025. According to the press release, “Moonveil Nodes will play a vital role in the platform’s progressive decentralization strategy.”&nbsp; 
Node operators will help ensure “Data Availability”, “Proof Verification”, and “Transaction sequencing,” which are important for keeping the network stable and secure. 
After the Token Generation Event (TGE), 25% of the tokens for node operators will be available, while the rest will be given out over three years. There will also be an extra 5% for community rewards.

Moonveil Announces Node Sale and $2M Investment from Polygon

The Crypto Times

Other articles published on Oct 10, 2024

Fetch.ai, Imperial College partner to launch AI lab

Uyeda: SEC’s crypto approach a ‘disaster for the whole industry’

Will Bitcoin Price Hit $150K In Q4? Expert Reveals Key Conditions

Delta Air Lines Reports Slight Miss in September Quarter: $1.5 EPS, $14.6 B in Revenue

Dip in trading at Binance and other major crypto exchanges confounds experts

FBI’s Fake Token Sting Uncovers Massive Crypto Fraud

Join our free newsletter for daily crypto updates!