Announcement: Mones Will Be Migrated to the BNB Chain

Mones will officially migrate from Avalanche C-chain to BNB Chain as of May 23, 2022.

Mones.⚔️, 💰

May 20, 2022

Dear members of the Mones community,

Since the first day of the team’s establishment more than 1 year ago, our team has been committed to the two principles of “community first” and “adapting quickly and providing the optimal solution to any problem”.

All of our decisions are based on seriously listening to and evaluating the voices of community members and signals from the market. We are willing to make and take responsibility for the toughest decision as long as the decision has a positive and significant impact on the interests of the majority of community members and the long-run development of the project.

Today is a big day as we have such a decision to announce to the community:

Mones will officially migrate from Avalanche C-chain to BNB Chain as of May 23, 2022.

What prompted us to make this decision?

If you’ve been with Mones since the early days, you can already see us “bullish on AVAX’’ with a firm belief in the potential of the NFT Gaming ecosystem on this network. AVAX has been an emerging network with only a few outstanding NFT Game projects and Mones expected to become one of the projects leading the new wave of NFT Games on AVAX.

With this expectation, we have spent a lot of resources to develop the infrastructure and expand the users in the AVAX ecosystem and have achieved certain results:

Organize INO event and release the first 1,000 NFTs through the AVAX network
Release and operate Mones Marketplace on the AVAX network
A community of 100K+ members
Partnership and agreement with 10+ launchpad, marketplace, and media channels on the AVAX system
Connect with nearly 100 KOLs and influencers on AVAX

All those small wins are a source of pride as they mark our efforts in realizing our goals. However, in the process of coordinating the community and operating Mones Marketplace on the AVAX network, we also understood the limitations of building on the AVAX network for the user experience and the long-term growth potential of Mones.

Before coming to this final decision, in addition to listening to the feedback of the community, we also surveyed members of the community and discussed with advisors and partners to collect opinions.

One of the feedbacks that we have experienced firsthand is the high gas fee, network congestion, and long transaction execution time. Shortly, Mones will launch testnet and mainnet versions with estimated traffic of thousands of daily active users. Such high traffic, network congestion, and high gas fees on the AVAX system will indirectly affect the experience of most Mones users.

Therefore, we decided to temporarily migrate Mones to another chain with a better transaction experience for users. In the future, we also do not eliminate the option to expand the project to the AVAX network once the AVAX network has improved in gas fees and transaction speed.

After doing surveys in the community and consulting with advisors and strategic partners, the most advice we received was “Go built on the BNB Chain!”

First and foremost, BNB Chain is known for its cheap gas fees and fast transaction speeds, which will make for great gaming and trading experience for Mones users.

BNB Chain is the ecosystem with the highest number of potential users today with an ATH of 2.27 million daily active addresses on 1 Dec 2021 (BNB Chain). With a landscape of thousands of game projects, the BNB Chain system has a complete and diverse ecosystem of launchpads, NFT Marketplaces, and game hubs with large and stable daily traffic and users.

In addition, we also receive new opportunities and cooperation proposals from backers and partners who have a wide and supportive network in the BNB Chain.

All of this makes us decide that BNB Chain will be the place where Mones chooses for long-term development.

Migration Timeline

Migration from Avalanche C-chain network to BNB Chain will be done quickly according to the timeline below.

0:00 UTC 23 May 2022–23:59 UTC 24 May 2022: Temporarily close Mones Marketplace to perform data migration
0:00 UTC 25 May 2022: Reopen Mones Marketplace on the BNB Chain network, users can trade back to normal, Currency on the market changed from $AVAX to $BNB.

Data on NFTs owned by existing Mones NFTs holders on Avalanche will be snapshotted and migrated to BNB Chain.

Finally, we would like to thank you for being with us through every stage of Mones’ development. We hope this redirection will expose all Mones community to new opportunities and new good experiences.

FAQs

Do I need to bridge NFTs in my wallet from Avalanche C-chain to BNB Chain?

You don’t need to do anything and the NFTs will stay in your BSC wallet once the migration is complete. We will snapshot the data about NFTs in your Avalanche wallet and mint the corresponding NFTs on the BNB Chain network.

What happens to my NFTs listed on my Mones Marketplace?

These NFTs will be automatically returned to your BNB Chain wallet upon completion of the migration. You can re-list these NFTs on the Mones Marketplace on BNB Chain with a small amount of $BNB as gas fee.

About Mones

Mones is a new generation MMORPG game on the BNB chain where you not only enjoy the exciting gameplay, but also connect with other players through social features and earn long-term profits from a player-driven economy called Play-Own-Earn.

💛 Join us & become a Monesian