Moonveil Launches $MORE Token June 27 2025 12 PM UTC

Moonveil, a Layer 2 gaming chain, has announced the launch of its native token, $MORE, scheduled for June 27, 2025, at 12 PM UTC. 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 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.

In addition to its role as the governance token of Moonveil’s game-centric Layer 2, $MORE will serve as the key to unlocking seamless gaming experiences. Players can use the token to handle transaction fees, purchase in-game items, and exchange assets, simplifying token management and ensuring an immersive gaming journey.

The launch of the $MORE token comes at a time of heightened activity within the Moonveil ecosystem. Several games, including AstrArk, Bushwhack, Flaming Pets, Puffy 2048, Puffy Miner, and Puffy Match, have already been released. The AstrArk Marching Test in late 2024 attracted over 871,000 unique wallets, indicating strong user traction and a clear product-market fit.

On the infrastructure side, Moonveil’s Layer 2 testnet has recorded 1.3 million unique wallet interactions. This is powered by AggLayer integration and upcoming node operations, laying 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 L2 infrastructure tools to solve fundamental problems in gaming. The platform takes a product-first, utility-driven approach with deep Web3 integration, anchoring user identity on its own L2 while remaining chain-agnostic at the application layer, ensuring it can go wherever the players are.