Magic Cube Bi-Weekly October Update

Magic Cube
Nov 4 · 4 min read

As always, the Magic Cube team has been busy at work over the past couple of weeks growing our ecosystem and working to take our project to the next level.

Activate Activities

On October 15th, Magic Cube launched an airdrop activity that allowed users to receive free MCC tokens for sharing a registration link with friends, family, coworkers, or their network. In total, we brought in 1,217 new community members and counting through this event.

New Co-Construction Model

On October 20th, we introduced an updated staking partnership plan that makes it easier and more lucrative to be a Magic Cube co-builder.

Firstly, we introduced our junior co-builder plan that entails staking 500,000 MCC on the MC Exchange, with junior co-builders receiving 100% annualized payouts on their staked tokens, which translates into a daily earning of 1,370 MCC.

The lock-up period is three months, and the interest payouts are unlocked immediately

Intermediate co-builders are any user that stakes 1.5 million MCC tokens with an annualized interest rate of 150%, which translates into a daily income of 6,165 MCC.

The lock-up period for intermediate co-builders is three months, and there is no lock-up period for the daily gains.

For senior co-builders who stake 3 million MCC, the annualized interest is boosted to 200% annualized, which is 16,440 MCCs per day. As with all the other co-builder plans, the lock-up period is 3 months for the principal amount, while the interest has no lock-up period.

Additionally, it is important to note that the staked MCC must be purchased on the MC Exchange.

This is a bold plan, but in the short-term we believe it will help us onboard significantly more ecosystem partners, while also helping spread knowledge about the ecosystem, leading more people to accept MCC as a form of payment, thereby improving the development of the whole ecology.

MCC Listed On MXC

On October 29th at 20:00, MCC was officially listed on the MXC exchange, which is a platform aimed at providing users with a clean, secure, and easy-to-use interface for trading quality digital assets like MCC.

Net Buy Contest

On October 29th directly after MCC was listed on MXC, we hosted a net buy contest for our community. A total of 15,475 people participated, and the event closed with great success on October 31st at 20:00.

We are currently counting the number of winners, and will release the statistics regarding the specifics of the event shortly.

Community AMA Session

At 20:30 on October 28th, Magic Cube’s founder Rudy participated in an “ask me anything” session with Magic Cube community members and prospective members, who discussed the topic of how blockchain technology will transform the gaming industry in the coming months and years.

Rudy explained that Magic Cube is committed to solving the problems currently plaguing the gaming industry by assisting developers in releasing the core passport of their games via game token offerings (GTOs) using smart contracts.

Technological Development

The code for the Magic Cube Github Cube Kit 3.0 SDK has been updated to extend the compatibility and stability of the SDK interface. The self-developed POV consensus algorithm has also been updated. You are welcome to submit more code on MCC’s Github at the following link:

MCC x MXC Strategic Partnership

On October 12th at 16:00, Magic Cube officially joined hands with MXC exchange to launch an in-depth strategic cooperation.

In the time since entering into the strategic partnership, Magic Cube’s community growth has boomed, with 61 new groups being added with a total of more than 54,600 people. It’s the largest community growth we have ever seen before.

As always, we will continue to keep our valued community members up to date with all new developments regarding our project, and look forward to sharing more news soon!

-The Magic Cube Team

Magic Cube

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Revolutionizing the gaming industry by using blockchain technology

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