MGC is the sub-coin of the Metaswap Ecosystem, the value of which lies in providing Metaswap with an incubation fund for Web3. The new fund will invest in proj
1/2 #MGC Web3 Fund and #BEECapital have reached a strategic cooperation and jointly established BEECAPITAL GLOBAL LTD, which is registered in New York, USA and will serve as a joint legal entity of #MGC and #BEE. @beecapitalDAO
2/2 Meanwhile, BEECAPITAL GLOBAL has obtained the US MSB license, which will further accelerate the compliance process. In the future, BEECAPITAL GLOBAL will further provide safe and compliant digital asset services to the US region and global users.
According to the latest economic model, 10% of the fee income will be used for MSC-USDT LP mining. A total of 34,109MGCs were injected into the mining pool in this round, and the average daily mining revenue was 34109/30=1136.9667 MGCs.
Congratulations👏👏, the invitation system has been launched, the rebate data and claim function will be updated in the next few days.#MGC#MSC#METASWAP
https://t.co/n1MrERs9od
Important update:
On September 14, 2022, at 11:00 am (UTC+4), the Boss NFT and Captain NFT will be released. The minting permission for these two NFTs will also be available on official website along with the synthesis functions. Who will be winner of the very first Captain NFT?
The first dividend for users holding Genesis NFT will be paid on September 5th. Users with an average position of at least 2,000 MGCs can participate in the dividend program, and the bonus has been issued to the user's position holding address.
September 5 will be the first [Genesis NFT-M BEE] dividends payment day, when snapshotting NFT positions please make sure to cancel the market pending orders, otherwise it will affect the NFT positions snapshot statistics.
MGC Web3 Investment Incubation Fund will actively participate in the investment of early stage crypto projects, and the distribution of the generated income from the investment will be as follows:
Greetings below we publish an overview on MGC Incubation Fund expenditures and usages:
1. 250,000 USDT would be used to repurchase and subsequently burn MGCs;