What is MixMarvel (MIX)?
MIX is the native token of MixMarvel, which is a blockchain-based online multiplayer gaming and content publishing platform. In other words, MixMarvel is an online space for publishing games that runs on the blockchain network, unlike other traditional game publishing platforms. Therefore, it is decentralized, transparent, and highly secure. The platform brings together a community of game designers, players, and gamers. Users can create and enjoy 3D virtual games. Moreover, since it is a blockchain-based gaming protocol, developers and players earn for participating.
MixMarvel seeks to utilize blockchain technology to empower both game developers and players. For example, the project uses the decentralized nature of the blockchain to ensure users have authority over their data. Additionally, it ensures that the value creators in the gaming ecosystem have revenue rights. This means anyone can create content on the platform and earn from it. It also gives the community the power to make rules governing the gaming environment. All these features are what make Web 3.0 gaming unique. Therefore, you can think of MixMarvel as a project that works on establishing a Web 3.0 gaming world.
If you want to see the current MIX price, take a look at the MixMarvel price chart featured above.
The project also aims at building MarvelLand, which is a decentralized autonomous organization (DAO) ecosystem supporting NFTs. DAOs run on smart contracts – a set of rules existing as computer programs. They execute actions automatically, hence eliminating the need for a central authority.
What’s more, there's the MixMarvel Ecosystem Wallet. The ECO wallet connects allows users to connect with various gaming platforms, trading ecosystems, and digital currencies. This wallet is also different from other crypto wallets since it simultaneously supports holding NFTs and standard tokens. The wallet is also cross-chain and cross-contact, making it a comprehensive wallet solution. Thus, it enables players to enjoy DeFi services while also enjoying blockchain games.
Who Founded MixMarvel?
The MixMarvel crypto project was launched in 2017 by four co-founders: Jade Zhang, LeoYang, Nep Yan, and Yiyi He. The co-founders are quite familiar with the vibrant Korean gaming industry. The environment could have inspired them to venture into this project.
One year after the launch, MixMarvel began exploring the field of gaming infrastructure. The project first proposed the concept of GameFi in 2019. Since then, MixMarvel has continued to expand the concept of an 'open world' in gaming. It has incorporated the technological changes in the blockchain world to help the project realize its goal. These technologies include decentralized finance (DeFi) and non-fungible tokens (NFTs).
What Can You Do With MIX Tokens?
The MixMarvel token is a utility token with multiple use cases. Primarily, holding MIX tokens enables users to participate in the platform’s governance. This means they can propose and vote on various changes to the platform. Besides that, MIX holders get early access to games released on MixMarvel.
Moreover, MIX tokens can also be traded on various crypto exchanges. Though note that the MixMarvel price may fluctuate due to various factors. For example, despite enjoying a good start after the launch, the MIX price experienced a drop in 2020. However, the entire crypto market has performed poorly for the better part of that year. Check out the MixMarvel price chart to see the current value of MIX coins.
MixMarvel Tokenomics
MixMarvel token has a maximum supply of 10 billion. 30% of the total token supply was dedicated to funding community incentive programs. The team also used some tokens to raise the project's development funds by setting aside 15% of the token supply. Besides, 4.5% of the tokens went to the Venture fund. The remaining portion of the MIX supply was distributed to the core team, seed investors, and private investors, as well as set aside for development and marketing purposes.
