MGG PAPER
MGG PAPER [ENG]
MGG PAPER [ENG]
  • Introduction
    • Company Introduction
    • MGG Introduction
    • Background and Necessity
  • Mission and Vision
  • Market Analysis
    • Web3 and Blockchain Overview
    • Solutions
  • MGG Ecosystem
    • MGG Ecosystem Introduction
    • $MGG Token Economic Model
    • MIMBO NODE
      • MIMBO NODE FAQs
    • MGG Game Platform
      • PvP Game
      • Earn Game
  • Expansion and Partnerships
    • Governance and Community Growth
    • Global Partnership and Collaboration
  • Roadmap and Future Strategy
    • Roadmap
    • Ecosystem Expansion Strategy
    • Development Plan and Technological Expansion
Powered by GitBook
On this page
  1. Introduction

Background and Necessity

In recent years, the blockchain and Web3 industries have experienced explosive growth; however, many projects have struggled with sustainability due to structural issues in their token economic models. Notably, the rapid token inflation of Axie Infinity and the economic collapse of Terra (LUNA) have highlighted the importance of proper token economic design.

Against this backdrop, MGG was created to address the following needs:

  • Securing Economic Stability: By separating token production (MIMBO NODE) and consumption (gaming and services), MGG prevents inflation and maintains long-term economic balance.

  • Solving Liquidity Issues: MGG provides stable liquidity through DeFi and staking, building market trust and maintaining token value.

  • Expanding Web3 Usability: By connecting practical services such as gaming, DeFi, and NFTs, MGG creates an accessible Web3 environment for everyday users.

The global blockchain gaming market is expected to grow to over $5 billion by 2025, and MGG aims to provide the essential economic structure needed to thrive in this environment.

PreviousMGG IntroductionNextMission and Vision

Last updated 2 months ago