Post
Topic
Board Altcoin Discussion
Re: Low market cap COIN GEMS 2021 - share your best pick!
by
gs25
on 10/02/2021, 13:46:00 UTC

All are welcome. We are just getting started as this is the first sphere. It's gonna be a wild ride. Be the change you want to see.  Wink

Why the need for 3 tokens when you are just getting started?

If all projects had 3 or 10 tokens it would get even more polluted.

Do you buy real land or is it virtual land?

I'll provide a simple explanation, gumshed can probably give you a better one than I do, but here we go

MVT is the old school token and store of value of The Movement introduced three years ago in 2017.
MDT is the DAO's governance token and was introduced last year. It is generated by swapping MVT to MDT. Of the 3,000,000 MVT in existence, 677,433 MDT have been minted (see token tracker).
ACRE is the token of The Greenpoint Land Reserve, learn more about it here

It's a very interesting structure. A tri-fold of borderless value generation and governance. The motto is connect and create.

The GLR is all about real land. The Movement DAO also owns virtual land in Decentraland as a meeting place.