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Crypto enthusiasts and investors worldwide can now join the highly anticipated Magenta Token ($MAGENTA) pre-sale, beginning November 1st, 2024. With ambitious goals and a clear roadmap, Magenta Token aims to revolutionize the decentralized economy within the MagentaVerse ecosystem.The Magenta team is thrilled to announce the upcoming launch of its Magenta Token ($MAGENTA) Pre-Sale on the Solana blockchain, scheduled to go live on November 1st, 2024. Offered at an exclusive pre-sale price of $0.10 per token, the Magenta Token offers an early entry point for adopters into a pioneering ecosystem that combines gaming, digital assets, and a vibrant community economy. Additionally, the launch will coincide with a Beta Testing Tournament for &#34;Magenta’s Laser Quest: Rescue Mr. Pink.&#34;Magenta combines three billion-dollar industries with $MAGENTA: mobile gaming, smart contracts, and giveaway marketing. By integrating a crypto economy through tokens and NFTs, mobile games have the potential to evolve into billion-dollar enterprises, creating sustainable business models that enhance user engagement and retention.Incorporating a crypto economy can attract a new demographic of users who are already familiar with cryptocurrencies and digital investments, expanding the game’s market reach. The global nature of cryptocurrencies further enables companies to scale across borders without the complexities of currency exchange and international payments.A Free-to-Earn Model$MAGENTA introduces a Free-to-Earn model where games are free to download, and players earn tokens through gameplay. These rewards can be held as investments or sold. The model is supported by in-game ad revenue and a unique token buyback structure, sustaining rewards for players without requiring in-game purchases.Designed to power the expansive MagentaVerse, $MAGENTA will function as a reward token for mobile and Web3 games, fueling transactions and interactions within this immersive digital world. The pre-sale aims to raise between $75,000 (softcap) and $500,000 (hardcap), with a launch price of $0.10 and an initial market cap of $1 million.$MAGENTA Pre-Sale Allocation<ul><li>Max Supply: 100M</li><li>Starting Supply: 10M</li><li>Pre-Sale Price: $0.10 (capped at $500,000)</li><li>Starting Market Cap: $1 Million</li><li>Starting Token Price: $0.10</li></ul>Tokenomics<ul><li>5% or 5,000,000 tokens allocated to pre-sale at staking.magentacoin.io, claimable immediately upon sellout.</li><li>5% or 5,000,000 tokens for initial liquidity provisioning (DEX/CEX listing).</li><li>5% to be minted/released on TGE to secure exchange listings (MEXC/Bybit).</li><li>5% to be minted/released post-listing to fund global marketing and game incentives.</li><li>80% to be allocated to Magenta DAO after 30 days, available for voting, allocation, and white paper incentives.</li></ul>&#34;Magenta is more than just a token—it&#39;s the key to a unique digital ecosystem, empowering holders to experience a new frontier of decentralized engagement,&#34; said Tim Leuliette II, CEO of Magenta. &#34;We are building a world where players, creators, and investors have the freedom to explore, engage, and thrive together. The pre-sale offers an exceptional opportunity for early adopters to join us on this journey.&#34;Token Utility$MAGENTA will serve multiple functions within the MagentaVerse ecosystem, including but not limited to:<ul><li>Transaction Fees: The primary medium of exchange for transaction fees on the platform.</li><li>Gaming Rewards: The primary currency for mobile game rewards.</li><li>Staking: Allows participants to stake $MAGENTA to earn rewards and participate in governance.</li><li>Governance (DAO): Token holders can vote on important decisions regarding the platform’s future.</li><li>Incentives and Rewards: Users and developers will receive $MAGENTA as a reward for contributing to the ecosystem.</li></ul>What Sets Magenta Token Apart?Leveraging blockchain technology, $MAGENTA is creating a decentralized gaming economy powered by transparent and fair rules encoded in smart contracts. This approach can increase user trust and lower operational costs related to security and payment processing.Beyond traditional cryptocurrency, Magenta Token is designed for seamless integration within the MagentaVerse, enabling users to participate in exclusive games, access NFT collections, and earn rewards. With a solid launch strategy, Magenta Token offers strong liquidity and utility from day one.With an initial market cap set at $1 million and a capped supply, the $MAGENTA token offers investors a fair, transparent entry into the next wave of decentralized finance and digital entertainment innovation.How to ParticipateJoining the Magenta Token pre-sale is easy and secure. Prospective investors can use Phantom or SolFlare wallets to purchase tokens directly through the official platform on the Solana blockchain.For more information on Magenta Token, please visit our website at <a href="https://magentacoin.io/" rel="noopener noreferrer nofollow">https://Magentacoin.io</a> and join our community for regular updates.About MagentaMagenta is a decentralized platform built on the Solana blockchain, combining mobile gaming, NFTs, and Web3 games with community-driven experiences in the MagentaVerse. With a focus on accessibility, user engagement, and digital innovation, Magenta is redefining how users interact with digital economies.Join TG Group: <a href="https://t.me/Magentacoin" rel="noopener noreferrer nofollow">https://t.me/Magentacoin</a>

Magenta Token Pre-Sale Launches November 1st: Pioneering a New Era in the MagentaVerse Ecosystem

The Bitcoin Daily

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