MOOREX TOKEN A NEW DECENTRALIZED PROTOCOL

chayan70 (30)in #moor • 2 years ago (edited)

What is Moorex token?
Moorex is a community focused multi-chain token aiming to bring transparency and anonymity into charity in the finance sector. Moorex Token has a maximum supply of 100 billion on the Ethereum blockchain and Binance Smart Chain. A 1% transaction tax is distributed among all holders, which means everyone that holds Moorex Token will receive a never ending cycle of passive income. Another 1% goes to the charity wallet for business grants.

Moorex was built to revolutionize decentralization, educate the masses about cryptocurrency and impact business owners worldwide. Moorex is more than a DeFi token, but the future of decentralization and cryptocurrency. The Moorex protocol was built to achieve sustainable long-term growth with tokenomics and an ecosystem that rewards its holders and community.

Gaming and NFT’s :-
Moorex is looking to develop crypto based play-to-earn games in the metaverse where users get to play games, buy/sell digital real estate, and earn Moorex token while doing it. It's a killer combination of money and entertainment. The key component in this model is to give gamers ownership over certain in-game a sets and allow them to increase their value by playing the game actively. In Moorex, defining the ownership and even transferring it is possible through the use of non-fungible tokens (NFTs). Moorex islaunching its own NFT collectibles that will be trade-able on the blockchain with Moorextoken.

DeFi Grants:-
The Moorex protocol aims to give DeFi grants through the Moorex Token. Our platform makes use of blockchain technology to ensure that the charity process is reliable and transparent. Moorex ensures direct reach of funds to the business owners without any intermediaries, bringing accountability to the donations made from the network fee incurred on transactions to make a difference in the lives of millions of people around the world.

The MOOR token's charity wallet address can be explored on the Ethereum and Binance Smart Chain explorer to make sure that the funds reached the intended party, serving as the proof of receipt. Also, blockchain operates at a very low cost than a traditional charitable organization. So, this takes more funds to the right recipient.