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
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  1. Roadmap and Future Strategy

Ecosystem Expansion Strategy

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Last updated 2 months ago

$MGG Ecosystem Overview The MIMBO NODE is more than just a mining system; it is a project designed to maximize long-term ecosystem expansion and real-use value based on blockchain technology's transparency and security. The $MGG ecosystem adopts a three-phase expansion strategy to ensure stable growth and a sustainable economic model, ultimately aiming for expansion into a global blockchain network.

3-Step Strategy The goal is to preserve the value of $MGG while gradually expanding to build a sustainable economic model and scale into a global blockchain system. MIMBO NODE is not just a mining project but a project that is setting the new standard in the blockchain economy.

Step 1: Foundation

  • Node Mining: $MGG is produced exclusively through node mining with no additional issuance.

  • Node Holders: Node holders continuously mine $MGG and accumulate the core assets of the ecosystem.

  • $MGG Supply: In this phase, the supply of $MGG is established, providing the foundation for future use.

Foundation Phase Foundation Role

  • Aside from node sales, the foundation controls the initial distribution of $MGG to maintain market stability.

  • A portion of the mined $MGG is held long-term to fund ecosystem growth.

Step 2: Evolution

  • Expansion of $MGG Use Cases: $MGG use cases will be expanded through various content, games, and NFT systems.

  • Swap Feature: A swap feature allowing $MGG to be exchanged for BTC, ETH, USDT, etc., will be introduced to increase liquidity.

  • Staking Structure: A staking structure will be introduced where swapped coins earn $MGG rewards, boosting the value of $MGG.

Evolution Phase Foundation Revenue Model

  • Swap Transaction Fees: Revenue generated from swap transactions as the swap feature becomes active.

  • Staking Revenue from Swapped Coins: Stable operational funds will be created from the revenue generated from staking.

  • NFT and P2P Marketplace Transaction Fees: Increased participation from users will naturally create a sustainable revenue model.

Step 3: Synergy

  • Partnership Expansion: Partnerships with various blockchain networks and companies will expand $MGG's use cases and extend the ecosystem into the global blockchain space.

  • Exchange Listings: Exchange listings will secure global liquidity and promote the value increase of $MGG.

  • DeFi and DAO Integration: DeFi and DAO governance will be implemented to expand the $MGG-based financial system.

Synergy Phase Foundation Revenue Model

  • Liquidity Secured Through Exchange Listings: Increased liquidity and the rise in value from holding tokens after listing on exchanges.

  • B2B Service Expansion via Partnerships: Increased use of $MGG as a utility and payment token through B2B partnerships.

  • Additional Revenue from $MGG Financial Services (DeFi, Collateralized Loans, etc.): Additional revenue will be generated from expanding $MGG’s role in DeFi and other financial services.