Moonveil Launches $MORE Token for Gaming Ecosystem Expansion

Moonveil, a Layer 2 gaming chain, has announced the launch of its native token, $MORE, scheduled for 12 PM UTC on June 27, 2025. This Token Generation Event (TGE) marks a significant milestone for Moonveil, providing the public with an opportunity to acquire the token that will be integral to the expansion of its gaming ecosystem.

The $MORE token will be listed on several leading centralized exchanges (CEXs), including Gate, MEXC, Bitget, KuCoin, BingX, and LBank, following its initial feature on Binance Alpha. This widespread listing will enable Moonveil’s global user base of gamers to easily access and acquire the token.

The $MORE token is designed to power various activities within Moonveil’s multi-layered ecosystem. It facilitates seamless interactions between blockchain technology and gaming, incentivizes community development, and drives deep interoperability. Moonveil founder MJ highlighted the token’s role in aligning incentives between game developers and players, supporting true interoperability, and adding value to every onchain interaction. The token’s chain-agnostic nature at the application layer allows it to adapt to wherever the players are, anchored by user identity on Moonveil’s Layer 2.

In addition to its governance role, $MORE will simplify gaming experiences by handling transaction fees, purchasing in-game items, and exchanging assets. This ensures an immersive and hassle-free gaming journey for players. The launch of $MORE comes at a time of heightened activity within the Moonveil ecosystem, with several games already released, including AstrArk, Bushwhack, Flaming Pets, Puffy 2048, Puffy Miner, and Puffy Match. The AstrArk Marching Test in late 2024 attracted over 871,000 unique wallets, indicating strong user traction and a clear product-market fit.

Moonveil’s Layer 2 testnet has recorded 1.3 million unique wallet interactions, powered by AggLayer integration and upcoming node operations. This infrastructure lays the foundation for a scalable, high-performance network optimized for gaming. The Moonveil community is also expanding rapidly, with over 1 million players engaged through its loyalty program and strong user adoption across various regions. The launch of the $MORE token is expected to catalyze further growth and unlock new opportunities for global gamers.

Moonveil is a full-stack Web3 gaming ecosystem that combines in-house and third-party products, publishing capabilities, and Layer 2 infrastructure tools. It takes a product-first, utility-driven approach with deep Web3 integration, ensuring that user identity is anchored on its own Layer 2 while remaining adaptable at the application layer. This strategy allows Moonveil to go wherever the players are, providing a seamless and integrated gaming experience.