Moonveil Launches $MORE Token on June 27, Expanding Gaming Ecosystem

Moonveil, a Layer 2 gaming-focused chain, has confirmed the launch of its native token, $MORE. The Token Generation Event (TGE) is scheduled for June 27 at 12 PM UTC, marking the token's public debut. The $MORE token will initially be available on Binance Alpha, with subsequent listings on several leading centralized exchanges, including Gate, MEXC, Bitget, KuCoin, BingX, and LBank. This strategic move aims to provide Moonveil’s global community with immediate access to the token, enhancing its accessibility and liquidity.

The $MORE token is designed to support the expanding Moonveil ecosystem, serving as the foundation for a multi-layered experience that integrates blockchain infrastructure with gameplay. It facilitates seamless transactions, incentivizes participation, and enables deep interoperability across various titles and platforms. Moonveil founder MJ highlighted the significance of the $MORE token, stating that it adds a powerful economic layer that aligns incentives between game developers and players, supporting true interoperability and adding value to every onchain interaction. By anchoring user identity on Moonveil’s Layer 2 while remaining chain-agnostic at the application layer, $MORE is capable of going wherever the players are.

As the governance token for Moonveil’s Layer 2, $MORE unlocks core functionality for users. Players can pay transaction fees, purchase in-game assets, and exchange tokens, streamlining gameplay and minimizing friction throughout the gaming experience. The TGE coincides with increased activity across the Moonveil ecosystem, with several games already launched, including AstrArk, Bushwhack, Flaming Pets, Puffy 2048, Puffy Miner, and Puffy Match. In late 2024, the AstrArk Marching Test recorded over 871,000 unique wallet interactions, indicating strong user engagement.

On the infrastructure side, Moonveil’s testnet Layer 2 has seen over 1.3 million unique wallet interactions. With AggLayer integration and node deployment underway, the project is building the backbone for a scalable, high-performance gaming network. Community growth is also accelerating, with more than 1 million users now engaged through Moonveil’s loyalty program. Adoption has been especially strong in Asia, South America, and the CIS region. The $MORE token launch is expected to further drive this growth and unlock new opportunities across Moonveil’s player base.

Moonveil's strategy to introduce the $MORE token is part of its broader effort to enhance its gaming ecosystem and provide new opportunities for its global user base. By empowering its community with greater control and decision-making power over the platform's future development, Moonveil aims to foster a more engaged and active user base, driving innovation and growth within the ecosystem. The launch of the $MORE token is a pivotal moment for Moonveil, as it seeks to solidify its position as a leading player in the Layer 2 gaming space. With listings on multiple centralized exchanges, Moonveil is poised to attract a wider audience and expand its reach, ultimately contributing to the growth and success of its gaming ecosystem. The event is expected to generate significant interest and excitement among gamers and investors alike, as they look forward to the potential opportunities that the $MORE token may bring.