MYRIA Token Live

The MYRIA Token Is LIVE

Myria
Myria Official

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The wait is finally over! The MYRIA token is officially live on OKX, KuCoin, Gate, MEXC, Bitmart & Uniswap! The launch of the MYRIA token marks the passing of a huge milestone that’s been on Myria’s unraveling roadmap since the company’s inception. It brings the Myria protocol closer to realizing its long-held vision of giving impetus to the adoption of Web3 gaming for developers and players.

MYRIA is an ERC-20 utility token that has been fully audited by Hacken. The technology deploys intelligent code analysis to eke out any flaws that might exist in the system and removes vulnerabilities before launch.

With the public node sale happening on April 10, Myria’s network will be stepping into a new realm of true decentralization. And the fast-growing community of node operators will soon start receiving MYRIA rewards in exchange for securing the network.

Alliance Keys NFT Airdrop

To celebrate the launch of the MYRIA token, we invite all Myria community members to participate in our new Alliance Key NFT Airdrop. This will be our second major airdrop, providing gamers with NFTs that offer in-game utility. Find out more about Alliance Keys.

MYRIA Utility

The MYRIA token has many use cases::

  • Protocol Fee: A portion of protocol fees on every Myria transaction will be paid in MYRIA.
  • Myria Node Purchase: Myria Nodes can only be purchased with MYRIA tokens.
  • Staking: Staking will go live after the implementation of protocol fees.
  • Governance: The Myria blockchain is community-driven and this governance will come directly from MYRIA token holders. MYRIA owners will be able to vote on the future direction of the Myria ecosystem.

Aside from the use cases above, the MYRIA token will also be used by many of the games on the Myria blockchain. The utility of MYRIA will keep expanding as more titles join the ecosystem.

MYRIA Tokenomics

MYRIA serves as the native token for the Myria blockchain and it has a hard-capped limit of 50 billion Myria tokens. This is the highest number that can ever be in circulation.

The allocation of all MYRIA tokens is split as follows:

  • Ecosystem fund — 40%
  • Node rewards — 36%
  • Project development — 19%
  • Liquidity provision — 3%
  • Strategic reserve — 2%

The MYRIA token will sit at the core of the Myria ecosystem, driving demand and ensuring constant circulation. Find out more about MYRIA, its tokenomics, and the various ways you can get it here.

2022 Was Just the Beginning

The MYRIA token is now officially live, but what else has happened at Myria over the last year or so? Here’s a snapshot of recent highlights:

  • The Myria blockchain went live, offering instant transactions with 0 gas fees and free NFT minting.
  • Over a million users registered on Myria
  • Over 900,000 Sigil NFTs airdropped to the Myria community.
  • Launched the Myria Core SDK enabling developers to bring their ideas to life on Myria.
  • More than 250 gaming projects decided to build on the Myria platform.
  • The Myria NFT marketplace went live along with the Myria Layer 2 Wallet.
  • Myria’s own video game studio, Myria Studios, has released Metarush in an alpha stage
  • Partnered with Celebrity Cricket player AB de Villiers, launching his play-and-earn Cricket game, powered by Myria L2.

This growth in all areas is down to our team’s unwavering commitment to delivering fully-functioning ecosystems in the gaming space where genuine ownership of digital assets with real value becomes possible. As the advantages of Web3 over Web2 games come into sharper focus, we anticipate more developers, studios, and players will start to migrate across and Myria will be there to welcome that demand.

Sign up for our newsletter on myria.com and follow our social channels to stay up to date on everything Myria!

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Myria
Myria Official

Myria is an Ethereum Layer 2, built to scale digital assets, NFTs and blockchain gaming. Follow along for our latest company announcements & product updates!