MegaX has been busy of late with several strategic partnerships. MegaX has structured to be a critical anchor for blockchain projects to enter or gain access to a retail ecosystem.
The MGX token will in turn serve as both a transactional medium (native to MegaXstore.com and partner networks) as well as a utility token for entry and access for merchants/brands.
MGX as a transactional medium
With the strategic partnerships, MGX will be used in the platforms/infrastructure of Elysian, ARAW, FlipNpik as well as DICE. This is the mission of MegaX — to be a spendable token in the retail ecosystem, and in some cases such as DICE, will accelerate the technological component significantly as well.
MGX as a utility/access token
With more than 40,000 retails/ecommerce merchants in our conglomerate’s network, merchants can use MGX to own/stake/enter the gateway into MegaX’s ecosystem and extended partners above. More details on the mechanism will be introduced in due time.