MMOCoin Migrating to Binance Smart Chain and upcoming MMO platforms.
Hello everyone, We are now migrating MMOCoin to Binance Smart Chain. (We will try to keep this post short so users can easily understand without keep scrolling down)
Contract has been created and can be found on bscscan > 0x0aa086e7A108D387dE63294fe2A88B05820a9855
What is Binance Smart Chain?
Quote:
Originally Posted by TrustWallet
Binance Smart Chain (BSC) is a blockchain protocol from Binance that runs in parallel with Binance Chain. Unlike Binance Chain, however, Binance Smart Chain powers smart contract functionality and boasts compatibility with Ethereum Virtual Machine (EVM).
What’s more, BSC has one of the fastest blockchain transaction times and lowest fee structures, which makes building DeFi apps on the protocol so appealing for developers.
Binance Smart Chain uses a consensus algorithm known as Proof of Staked Authority (PoSA) where 21 validators stake BNB, the native token for the Binance ecosystem, to secure the network.
Unlike many other blockchains, however, Binance Smart Chain does not offer block subsidies or allows minting of fresh BNB in the form of a block reward. Instead, validators receive transaction fees as a reward for securing the network.
Binance Smart Chain’s BEP-20 token uses essentially the same format as the Ethereum protocol’s popular ERC-20 tokens.
Currently, there are already 60+ DApps operating on Binance Smart Chain, with the majority focusing on decentralized finance solutions.
What will happen to the MMOCoins on native Blockchain (How the swap will take place)?
The swap will take place at 1:1 ratio so you will not lose your coins, your coins will be auto swapped on our SWAP supported platforms, you will have to move your mmocoin(s) to the platforms which will support MMO Swap. Swap deadline and additional supported platforms will be added soon, stay updated with our social platforms (Discord, twitter & telegram)
List Platforms/exchanges which will support the swap (More will be added once confirmed)
Stakecube.net (Swap Supported)
Catex.io (Swap Supported)
Southxchange (Swap Supported)
Why migration to Binance Smart chain and what is new coming for MMO?
Instead of keep building and fixing our own chain & wallets. we have decided to move to a well developed Blockchain & binance smart chain was our first choice through which we can easily jump into many use-cases with fast adoption.
First Platform we are planning to launch after MMOSwap (Decentralized Exchange) , yes you have read it right MMO is going DeFi.
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https://i.ibb.co/y5pDwBT/hot.pngSecond Platform which will be added to our platform is NFT Marketplace which will bring NFT Trading Cards , that doesn't mean that we are gonna shutdown our current marketplace we will stick with a centralized marketplace and a decentralized marketplace. So this year in 2021 instead of having just 1 platform we are going to jump into total 3 big use-cases & more to come.
More info & updates will be added here ( below this post )| to be cont. |
