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Playtoearn
Playtoearn
May 24, 2024
Press Release

Leading Web3 Game Publisher MON Protocol Launches MON Token on Bybit and Other Major Exchanges

Leading Web3 Game Publisher MON Protocol Launches MON Token on Bybit and Other Major Exchanges

[SINGAPORE, FRIDAY, 24 MAY 2024] MON Protocol, a developer and leading publisher of blockchain-native IPs and games, has announced the upcoming listing of its MON token on major exchanges Bybit, Backpack Exchange, BingX, Bitget, Gate.io, HTX, and MEXC. Mechanics for the token launch will vary across platforms, with each exchange set to make its own announcement over the coming days.

MON serves as the ecosystem token for MON Protocol, whose community-focused model has built a dedicated user base of over 1 million web3-savvy gamers and fans. The chain-agnostic publisher has released web3 games across Base, Immutable and Mantle. Since its launch in February 2024, MON Protocol has also been endorsed as the publisher of choice by top gaming chains Aptos, Immutable and Solana, setting a new standard for community-first publishing in web3 gaming ecosystems.

As the first IP to be published via MON Protocol, Pixelmon will use the MON token to power its growing catalog of games. Its first title, PixelPals, achieved nearly 500,000 players within two months of launch. Its much-anticipated real-time monster battler Warriors of Nova Thera is on track to be published later in 2024, while its open-world role-playing game Hunting Grounds will go live in 2025 — both via MON Protocol.

Aside from the Pixelmon-developed games, there are over 60 partners committed to MON Protocol. These include web3 games, game studios, ecosystems and trading platforms. Holders of the MON token who stake their tokens will also be eligible for rewards from MON protocol partners when they launch.

“Having MON listed on multiple leading exchanges at once is an indicator that the exchanges are as confident in the project and our community as we are,” said Giulio Xiloyannis, co-founder of MON Protocol and CEO of Pixelmon. “We saw huge excitement from our community during the MON Protocol community pre-sale, which reached its allocation in eight minutes. We are expecting a similar level of enthusiasm when we see the token list next week,” added Xiloyannis.

The MON token will be live for trading on the participating exchanges at 10 A.M. UTC, Monday, 27 May 2024. Registration criteria may vary across the exchanges; details should be confirmed with individual exchanges ahead of the token listing. 

ABOUT MON PROTOCOL

MON Protocol aims to be the leading publisher of blockchain-native IPs and gamers. MON Protocol launched with the Pixelmon gaming IP as its founding partner and has since built a large community of web3-savvy gamers and fans. Its platform enables blockchain-native projects to reach larger bases of gamers and fans while building stronger IPs by rewarding loyal communities and including them in the IP’s long-term success through fractionalized ownership. 

MON Protocol’s investors include some of the most prominent VCs and builders in the web3 gaming industry, such as the Inevitable Gaming Fund, Foresight Ventures, Delphi Ventures and The Spartan Group, as well as angel investors and founders such as Robbie Ferguson of Immutable, Gabby Dizon of Yield Guild Games (YGG) and Ray Chan of 9GAG.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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