Good morning 🌞

Today at 00:00 Turkey time, $MGO token will be listed on many exchanges including Binance Alpha, Kucoin, MEXC, Gate.io, and Bitget.

So, what is this $MGO token?

Mango Network is a Layer 1 blockchain with a Multi-VM Omnichain infrastructure that supports MoveVM, EVM, and SVM.

It provides developers and users with a secure, modular, and high-performance Web3 infrastructure.

Funding?

Mango Network raised a total of $13.5 million from giants like Kucoin Ventures, CatcherVC, Tido Capital, Connectico Capital, Becker Ventures, Ainfra Ventures, and Tfund.

Technology?

It supports both MoveVM and EVM. As a Layer 1 blockchain, Mango Network integrates the core advantages of MoveVM, OPStack, and ZK Rollup.

Regarding tokenomics,

There will be a total supply of 10 billion, and the distribution is as follows:

- 20% POS Stake Pool

- 20% Foundation

- 17% Ecosystem Innovation Fund

- 15% Team & Early Contributors

- 5% Testnet Airdrop

- 15% Investors

- 5% Mainnet Airdrop

- 3% Advisors

The testnet community will receive 5%, and another 5% has been allocated for those who provide benefit to the ecosystem along with the mainnet.

I believe this token $MGO can be added to the list of those who want to invest in a high-potential L1 project with a fair FDV of approximately 500 million to 1 billion.