Moovy.io Whitepaper
  • Welcome to the Moovy
  • Disclaimer
  • INTRODUCTION
    • Moovy Overview
    • Getting Started
      • Activation Code
      • Install and Update
      • Cryptocurrency Wallet
    • Team
  • Metaverse
    • Drivers Metaverse
    • 1️⃣Season 1 - Drive2Earn
    • 2️⃣Season 2 - BBVerse
  • GameFi Elements
    • Game Modes
      • Solo Ride
      • Freeride
    • Avatar System
      • Who are you in the Moovy?
        • Technician
        • Driver
        • Ecologist
      • Driving License
      • Talent System (TBA)
      • How To Level Up (TBA)
    • Garage System
    • Fuel System
    • Car System
      • Car Attributes
      • Car Types and Rarity
      • TME
    • Achievement System (Under Development)
  • Other Systems
    • SocialFi Elements
    • Inventory System
  • Moovy Economy
    • Moovy Treasury
    • Tokenomics
      • MGAS
      • MOIL
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  1. Moovy Economy

Tokenomics

PreviousMoovy TreasuryNextMGAS

Last updated 2 years ago

The game world is built on an internal economy with 2 tokens, $MGAS and $MOIL, which exist on the BNB network.

$MGAS is an unlimited-emission utility token that functions as a user reward. It can be used to cover some of the cost of minting and leveling up vehicles. $MGAS tokens can also be used as partial payment for opening new garages and gift boxes.

$MOIL is the project’s governance token and the main token of the entire Moovy ecosystem, with a limited emission of 100,000,000 tokens. There are several ways to actually use these tokens: to cover part of the cost of minting and leveling up vehicles, and to open containers with cars in. The $MOIL token is the principal currency in the marketplace.

MGAS Token
MOIL Token