Tokenomics
Last updated
Last updated
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.