Moonveil, a Layer 2 gaming-focused chain, has confirmed the launch of its native token, $MORE. The Token Generation Event (TGE) is scheduled for June 27 at 12 PM UTC and will make the token publicly available for the first time.

The $MORE token will debut on Binance Alpha, followed by listings on a series of leading centralized exchanges. Confirmed platforms include Gate, MEXC, Bitget, KuCoin, BingX, and LBank, enabling players across Moonveil’s global community to access the token from day one.

Designed to support the expanding Moonveil ecosystem, $MORE serves as the foundation for a multi-layered experience that bridges blockchain infrastructure with gameplay. It facilitates seamless transactions, incentivizes participation, and enables deep interoperability across titles and platforms.

Moonveil founder MJ commented: “The launch of the $MORE token builds upon everything we’ve been working on to date. It adds a powerful economic layer that will align incentives between game developers and players, supporting true interoperability and adding value to every onchain interaction. By anchoring user identity on Moonveil’s L2 while remaining chain-agnostic at the application layer, $MORE is capable of going wherever the players are.”

As the governance token for Moonveil’s Layer 2, $MORE also unlocks core functionality for users. Players can pay transaction fees, purchase in-game assets, and exchange tokens, streamlining gameplay and minimizing friction throughout the gaming experience.

The TGE coincides with increased activity across the Moonveil ecosystem. Several games have already launched, including AstrArk, Bushwhack, Flaming Pets, Puffy 2048, Puffy Miner, and Puffy Match. In late 2024, the AstrArk Marching Test recorded over 871,000 unique wallet interactions.

On the infrastructure side, Moonveil’s testnet Layer 2 has seen over 1.3 million unique wallet interactions. With AggLayer integration and node deployment underway, the project is building the backbone for a scalable, high-performance gaming network.

Community growth is also accelerating, with more than 1 million users now engaged through Moonveil’s loyalty program. Adoption has been especially strong in Asia, South America, and the CIS region. The $MORE token launch is expected to further drive this growth and unlock new opportunities across Moonveil’s player base.

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.