Mango Network reveals MGO tokenomics ahead of mainnet launch, balancing incentives for staking, development, and community growth with long-term vesting mechanisms.
Multi-VM omnichain architecture combines EVM and MoveVM to enhance cross-chain interoperability, reduce DeFi costs, and support scalable dApp development.
$13.5M funding round and strategic airdrops fuel ecosystem growth, but developer adoption and community traction remain critical challenges.
On June 23, 2025, Mango Network unveiled the tokenomics of its native token MGO, in preparation for the mainnet launch and Token Generation Event (TGE) scheduled for Q1 2025.
As a Layer 1 blockchain based on a multi-virtual machine (Multi-VM) omnichain architecture, Mango Network seeks to tackle challenges in decentralized finance (DeFi) such as fragmented liquidity, high transaction costs, and limited cross-chain interoperability through technological innovation.
The project completed a $13.5 million funding round in February, indicating market recognition of its potential. However, as an emerging blockchain, its future growth still faces technical and market uncertainties.
MGO TOKENOMICS: STRUCTURE AND STRATEGY
The total supply of MGO tokens is set at 10 billion, with the distribution plan designed to balance network operations, ecosystem development, and community engagement.
20% of the tokens will go into the POS staking pool, rewarding validators and stakers to maintain decentralization and network security.
Another 20% is held by the foundation, aimed at supporting R&D, operations, and partnership expansion. 17% is allocated to the Ecosystem Innovation Fund to incentivize developers to build decentralized applications (dApps) and drive ecosystem growth.
The team and early contributors are granted 15%, and investors are also allocated 15%, reflecting the project’s commitment to rewarding early supporters and backers.
Additionally, 5% is reserved for a testnet airdrop and another 5% for the mainnet airdrop to attract user participation. 3% goes to advisors for strategic guidance.
While airdrop tokens are immediately unlocked, tokens for the team and investors will be gradually unlocked over seven years, with about 12 million released annually to manage market supply.
However, the high proportion allocated to the team, investors, and foundation may raise concerns about token centralization, and the long-term vesting schedule could impact price stability.
FUNDING INJECTION BOOSTS DEVELOPMENT
On February 14, 2025, Mango Network completed a $13.5 million funding round led by KuCoin Ventures, with participation from Ainfra Ventures, Tido Capital, Connectico Capital, Becker Ventures, Tfund, Mobile Capital, and CatcherVC.
Source：Rootdata
This funding supports the mainnet development, TGE preparations, and ecosystem expansion, showcasing investor confidence in the project’s technological vision.
The capital will be used to refine the multi-VM architecture, support the developer community, and strengthen marketing efforts. However, the funding amount is modest compared to top-tier blockchain projects.
With strong competitors like Solana and Aptos, Mango Network must allocate resources efficiently to ensure effective technology implementation and market outreach.
TECHNICAL EXPLORATION OF MULTI-VM ARCHITECTURE
At the heart of Mango Network is its multi-VM architecture, which combines the Ethereum Virtual Machine (EVM) and MoveVM. This design aims to offer developers a flexible environment and enhanced transaction efficiency.
Developers can choose the smart contract language that suits their needs, theoretically accelerating dApp development and optimizing performance.
Its omnichain interoperability feature seeks to resolve DeFi’s fragmented liquidity issues by enabling cross-chain asset transfers, thereby reducing user costs and improving the experience.
The testnet phase has already attracted user participation involving token swaps and cross-chain bridging, providing initial proof of the technology’s feasibility. Mango Network emphasizes low gas fees and high throughput, making it suitable for DeFi, GameFi, and NFTs.
However, the complexity of the multi-VM design may increase development and maintenance costs, and the MoveVM ecosystem is still in its early stages with limited developer adoption.
Compared to the mature EVM ecosystem, Mango Network must invest significantly to attract developers and grow its ecosystem—otherwise, it may struggle to gain competitive traction.
The mainnet is expected to launch in Q1 2025, but its actual performance and user reception remain to be tested in the market.
COMMUNITY BUILDING AND MARKET STRATEGY
Mango Network engages its community through airdrops and social media interaction, aiming to build an active user base.
The testnet airdrop opens for claiming at 17:50 UTC on June 24, 2025. Users must complete tasks such as using Mango Swap, participating in cross-chain bridging, or following ecosystem partners like BeingDEX on X.
These activities provide valuable feedback for testnet optimization while attracting early adopters. The mainnet airdrop will follow the network launch and aims to further expand the community.
To prevent scams, Mango Network advises users to participate only through official channels (e.g., mangonet.io). MGO has confirmed listings on Bitget, MEXC, and KuCoin as of June 24, 2024, facilitating token liquidity.
However, airdrop campaigns may attract short-term speculators rather than long-term community members, and the sustainability of community engagement remains to be seen.
Despite some traction on X (@MangoOS_Network) and Discord, its community size and influence still lag behind leading blockchain projects. Stronger brand-building efforts are needed going forward.
OUTLOOK: OPPORTUNITIES AND CHALLENGES
Mango Network’s multi-VM omnichain architecture introduces new possibilities for the Web3 ecosystem. Its positioning as a low-cost, scalable Layer 1 is well-aligned with the needs of DeFi and GameFi.
The $13.5 million funding and the well-thought-out MGO tokenomics provide a foundation for development, while the upcoming mainnet and TGE mark a critical juncture for the project.
However, as a new Layer 1, Mango Network faces multiple challenges: the complexity of multi-VM architecture may introduce technical risks; it must compete for developers and users with more established platforms; and its community and market recognition still require time to mature.
For interested users, the testnet airdrop and official channels (such as mangonet.io or X account @MangoOS_Network) are entry points to learn more about the project.
Mango Network’s future hinges on whether it can deliver on its technology, attract a vibrant developer community, and build a strong user base to carve out its place in the competitive Web3 landscape.
〈Mango Network: Exploring MGO Tokenomics and Multi-VM Omnichain Architecture〉這篇文章最早發佈於《CoinRank》。
