Details

What is MON

Gevolgd door 914 gebruikersPublished on 2024.04.01 Last updated on 2024.12.11

Tokens

1. Project Introduction
The Pixelmon team is releasing a set of games to monetize the Pixelmon IP. The first hyper-casual game, "Kevin the Adventurer", launched in October 2023, has attracted over 36,000 independent players. The second game, "Pixelpals", was released in late January 2024. The first 3D desktop battle/survival game, "Arena", will be released in mid-2024, and the first 3D mobile app game, "Hunting Grounds", will be available on the Apple App Store and Google Play Store in early 2025.
Summary: With numerous upcoming popular games within the Pixelmon ecosystem, the MON protocol will become the center for distributing and managing its IP ecosystem. Since the NFT boom in 2022, the MON protocol has become well-known and has received recognition and support from top industry investors like Delphi Ventures, Animoca Brands, and Foresight Ventures.

2. Team & Investment Info
Giulio Xiloyannis (CEO and co-founder): Former co-founder and executive of Zalora Group, leading it from its establishment (2012) to its IPO in 2019, and achieving profitability in 2021.
Chris Sirise (CPO and co-founder): Founding partner of Saison Capital, IC member of Credit Saison, which is the largest private credit fund in Southeast Asia, former fintech builder, and former product manager at Grab.
Junhao Yap (CTO): Tech leader, with 9 years of expertise in Web3 projects, including leading tech teams at Spartan Labs and Xfers to develop XSGD.
Funding: 4.2% of the total supply was sold at an FDV of $40 million to raise $1.7 million.
1.6% of the total supply was sold at an FDV of $50 million to raise $800,000.
6.9% of the total supply was sold at an FDV of $60 million to raise $4.1 million.
0.2% of the total supply was sold at an FDV of $80 million to raise $200,000.
A total of $6.8 million was raised from private investors;
Major investment institutions include Delphi Ventures, Foresight, Inevitable, Sfermion, Animoca, Mechanism, and Amber Ventures.

3. Social Media URLs
X: https://x.com/monprotocol
Youtube: https://www.youtube.com/channel/UC-6IYQNnOO_ShFhWWp3Tj4g
Discord: https://discord.com/invite/thepixelmon

4. Token Info
Token Symbol: MON
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xc555D625828c4527d477e595fF1Dd5801B4a600e
Token Distribution:
Community Claim: 30%, 16.7 released at TGE, no cliffs, 30 months linear vesting
Community Pre-sale: 6.2%, 20% released at TGE, 6 months cliff, 24 months linear vesting
Ecosystem Fund: 28.8%, 5.2% released at TGE, no cliffs, 48 months linear vesting
Team: 15%, 0% released at TGE, 12 months cliffs, 24 months linear vesting
Launch Contributors: 1.8%, 0% released at TGE, 12 months cliff, 24 months linear vesting
Liquidity: 5.2%, 100% released at TGE
Strategic Round: 13%, 0% released at TGE, 6 months cliff, 24 months linear vesting.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

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