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($35.58 k)
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CoinMarketCap.comMetaGameHub DAO is a hub for open metaverse experiences. MGH is engaged in populating & monetizing LANDs, building games on them and creating unique experiences for communities around the globe.
MGH solves multiple problems the NFT and Metaverse space is currently facing by:
MGH is the native utility token of the DAO and it is used...
How does MGH's token model work?
MGH has a long-term revenue-backed burning and staking model which rewards token holders and stakers due to its deflationary nature. When a user pays for services and experiences using $MGH, 40% is burned and 60% distributed as staking rewards. When the user pays with other accepted currencies, 30% is distributed to the MGH treasury and the rest is swapped for MGH tokens (creating buying pressure) and subsequently burned and distributed as staking rewards.
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