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Mones Product Update (Important!)
Mones would like to inform our communities about the forth-coming principal product update, which is the replacement of a new currency for the current one - $MONES.
As we all recognize, many projects have failed, leading to market skepticism. As a consequence, the market cannot maintain stability for both developers and end-users.
Due to the market sentiment led by the collapse of FTX, many projects have failed and left the Game-fii industry gradually. We all know many users are feeling doubted about the current situation and the stable operation of not only Game-fi but also other NFT projects. Our team detected this issue. As a result, it is critical that we direct our efforts toward sustainable development, as this is our most pressing issue at the moment. We are all suffering from market difficulties, but we are still trying to keep the NFT Game-oriented journey going and bring the best value for Mones’s users.
To be more specific, we intend to replace $MONES, which is our governance token and is used in-game, with another currency that can adapt to the long-term orientation of Mones. It’s expected to be BUSD or BNB tokens since they are well-known for their sustainability and high liquidity on the market.
Switching to a different currency is unlikely to alter the game's context or economy. Furthermore, it will provide more conveniences for our participants:
Initially, a stable currency will bestow rights on users because the supply of $MONES on the market is excessive. As developers, we are powerless to stop the market's hard sell.
Moreover, we are focusing on improving the user experience on NFT and providing a suitable reward for all participants. Therefore, everyone who is a part of Mones won’t suffer from the liquidity problem.
In conclusion, we are making our best efforts to finalize all the modifications thoroughly. We hope to receive your comprehension and support as it has alway been. All changes will be announced at least 7 days before the executions in detail.
Mones is a new generation RPG game 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.