Mango Network to Airdrop 5% of $MGO Token Supply to Early Users

Mango Network, a pioneering Layer 1 blockchain, has declared its intention to airdrop 5% of its total $MGO token supply to early users and active community contributors on June 24. This airdrop is part of the network's broader strategy to reward its initial contributors and testnet users, marking the beginning of its token generation event (TGE) and the official launch of its $MGO token.

The eligibility for the airdrop is based on a points system, with users required to link their Twitter accounts to the Mango Network platform and follow BeingDEX, a key partner in the network's ecosystem. The airdrop is a significant milestone for Mango Network, as it aims to generate interest and engagement within the crypto community. The network has requested its users to be aware of digital frauds and scams, as all the tokens will be fully unlocked at the time of distribution.

Mango Network is positioning itself as a next-generation blockchain platform, aiming to solve two of the biggest Web3 problems: scattered liquidity and poor user experience. The project is using multi-VM, full chain infrastructure to address these issues. The airdrop serves as a reward for early supporters who have contributed to the development and testing of the Mango Network platform, fostering loyalty and encouraging continued engagement.

The airdrop is expected to have a positive impact on the Mango Network ecosystem, as it will increase the circulation of $MGO tokens and potentially drive up demand. The fully unlocked tokens will allow users to trade and use them within the network, contributing to the overall liquidity and activity. This, in turn, could lead to increased adoption and usage of the Mango Network platform.

The airdrop is a testament to Mango Network's commitment to its community and its vision for a next-generation blockchain platform. By rewarding early supporters and testnet users, the network is building a strong foundation for future growth and success. The airdrop is just the beginning, and Mango Network is poised to make a significant impact in the world of crypto.