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Cryptocurrencies
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Monaco Planet aims to play a role on the road from Web 2 to Web 3. In the short term, it uses blockchain technology to solve users' social pain points, and puts a series of key Web 3 functions into practical applications; in the long term It hopes to become a new entrance for the high-frequency social activities of the encrypted crowd, and thus become the portal of the Metaverse, where users can control their own data and get rewarded by creating high-quality content.
MONA is the governance token of the Monaco Planet ecology and has the following uses:
1) Users can participate in content mining by staking MONA. MONA is a Write to Earn model token with Proof of Interest (POS) currency;
2) When the platform obtains a specific user group and traffic, advertisers can purchase and destroy MONA to realize broadcasting news and advertising promotion;
3) Crowdfunding investment opportunities. The platform will obtain investment quotas for high-quality projects based on its own traffic and user advantages, and distribute them to MONA holders in proportion to MONA holdings. Users can decide whether to participate in the investment, but the amount will be guaranteed;
4) MONA can be used as a reward mechanism for users.