Moonveil Secures $2M Investment from Polygon Labs, Announces 50,000 Node Sale

Quick Summary:

Moonveil, a gaming-focused layer-2 has disclosed a significant investment from Polygon Labs as well as information about their impending node sale.

The Moonveil community will have access to 50,000 nodes beginning on October 22.

While node activation is planned for Q1 2025, 25% of the tokens held by node operators will be unlocked after the TGE, with the remaining 70% to be dispersed over a three-year period.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab EmiratesColombia

Topics: Blockchain News Web3 Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 14:00:00 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 22982673

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