The Majong governance token follows the spirit of the Kaspa network as Fair-Launched meme coin with zero team allocation, zero pre-mining, zero pre-minting, and zero whitelists. Majong‘s Ticker Symbol is MAJONG.
Total Supply
$MAJONG (Governance Token)
The Total Supply of Majong Token is 287 Billion (287,000,000,000).
Purpose:
- Empowers token holders to vote on platform upgrades and ecosystem partnerships.
- Guides the direction of Majong’s growth and collaboration efforts.
Role in Ecosystem:
- For contributors, developers, and long-term stakeholders to ensure sustainable ecosystem growth and governance.
Mint Mechanics
The KRC-20 Standard from Kasplex requires – KRC-20 tokens must be minted in predetermined batches at the cost of 1 $KAS. Majong Token can be minted in batches of 287,000 $MAJONG Tokens.
Mint Opportunities
Given the Total Supply (TS) of 287 Billion and the Mint Limit (ML) of 287,000 there are exactly 1,000,000
opportunities to mint Majong, after which the mint will be closed forever.
$MJNG (Utility Token)
- Supply: 999,999,999,999,999 tokens (pre-minted).
- Primary Uses:
- Decentralized Payments: Seamless transactions across gaming, e-commerce, social platforms, and more.
- Staking Rewards: Incentivize participation in liquidity pools and ecosystem activities.
- DeFi Tools: Acts as collateral for decentralized loans and yield farming.
- Gaming and NFTs: Enables in-game transactions and NFT minting.
- Marketplace Utility: Used as the primary currency for the e-commerce marketplace.