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The decentralized Ethereum Layer 2 blockchain gaming platform Myria has made an announcement about the token generation event (TGE) for its native MYRIA token that will take place on the OKX exchange. The TGE will be conducted in addition to a 45 Million MYRIA Airdrop. After being listed on OKX, the MYRIA token will soon be available for trading on Kucoin as well as a number of other cryptocurrency exchanges.
Myria is a Layer 2 blockchain scaling solution for Ethereum that makes use of ZK roll-up technology. It provides participants and developers with near-instant transactions at a speed of over 9000 TPS, free NFT minting, and no gas fees on transactions. Myria has already collected more than 250 third-party gaming projects, all of which are actively building on the platform as a result of the platform’s decision to facilitate game development with its own custom-tailored SDK.
There are currently over a million individuals registered to use Myria, and the community of Myrians is flourishing with over 350,000 members. Myria has also entered into a partnership with celebrity South African cricket player AB de Villiers to introduce his play-and-earn cricket game. Additionally, in a closed gameplay event, Myria disclosed details about Metarush, the first game developed by Myria Studios.
MYRIA Token Is Live
With today’s launch of MYRIA, Myria has reached a significant new milestone on its roadmap. The MYRIA token adheres to the ERC-20 standard and can be used in a wide variety of contexts, including governance, staking, and in-game utility, in addition to paying protocol costs and purchasing Myria nodes. The utility of MYRIA will continue to increase in tandem with the expansion of the ecosystem and the incorporation of additional initiatives.
Myria co-founder and Head of Blockchain Brendan Duhamel said: “Our token launch is another step towards our goal of building and scaling innovative blockchain games securely and effectively. Within a short time, Myria managed to bring onboard 1 million users and make it easier for gaming studios to build Web3. This is what will truly scale the ecosystem and our goal is to make it easier for both players and game studios to enter the Web3 space.”
MYRIA Tokenomics
The total amount of MYRIA tokens that could ever be in circulation is limited to no more than the maximum supply of 50 billion. Tokens will be allocated in the following manner:
- Ecosystem fund – 40%
- Node rewards – 36%
- Project development – 19%
- Liquidity provision – 3%
- Strategic reserve – 2%
MYRIA is at the center of the Myria ecosystem, serving as the force behind demand and ensuring that circulation is maintained at all times. You can learn more about MYRIA, including its complete tokenomics, utility, and the various ways in which you can obtain MYRIA, by reading the Myria whitepaper.
NFT Airdrop and Myria Public Node Sale
In order to commemorate the launch of MYRIA, community members are being given the opportunity to take part in an airdrop of Alliance Key NFT. This will be the second significant NFT airdrop, and it will provide players with a utility that can be used within the game. In addition, on April 7, the Myria public node sale will go live.
This will usher the network into a new era in which it will be truly decentralized. Soon, members of the rapidly expanding community of Myria operators will be eligible to receive token rewards in exchange for the work of operating a node. MYRIA tokens can be used to purchase a node registration for anyone who is interested in operating a Myria node.
Focusing on Enriching the Gaming Experience
Myria is a blockchain game development studio as well as an Ethereum Layer 2 solution. It was designed to scale blockchain gaming as well as digital assets and NFTs. The ZK roll-up technology is being utilized by Myria in order to give its ecosystem a boost and attract the next generation of gamers to the blockchain.
Myria develops each of its games with the player in mind, with the goal of improving the overall quality of the gameplay experience as its main objective. Players will have the option to either keep true, verifiable possession of, and control over, their in-game NFT assets, or sell those assets on the market. However, participation in any of the games will be completely free.
In addition, there will be no need for participants to make initial purchases of expensive NFTs. Users can anticipate fast transaction speeds thanks to ZK technology, as well as zero gas fees and free NFT minting. Over the course of the past year, Myria has experienced substantial expansion, with over one million users now registered and more than 250 projects being developed on the platform.