The Magiccity team successfully completed a large-scale token lock-up plan at 4:25 AM (Beijing time) on June 11, 2025.

The specific arrangements for this lock-up are as follows:

Locked quantity: 19.5 million MCM

Lock-up duration: 20 years

Unlocking method: Released in batches annually

Transaction record: 4LjXhY5zdLoRpjkD9aLifzVhz9jAMQTjeiC4drY8jTCKrNX6BpS4pTnGfYrwXqqNP2UXSJuq6KeWNPCKGicJZJNt

Token circulation and lock-up planning:

Current circulation limit: After this lock-up, the total circulating supply of MCM will be fixed at 1 million.

R&D team token lock-up:

#MCM