INTERNET CITY, DUBAI, Feb. 11, 2022 – LBank Exchange, a global digital asset trading platform, has listed MvPad (MVD) on February 11, 2022. For all users of LBank Exchange, the MVD/USDT trading pair is now officially available for trading.
The virtual worlds have been gradually blending into the real world that everyone is living in since the emergence of Metaverse. To make it possible for new and promising initiatives to debut themselves on the Metaverse, MvPad (MVD) is here to provide a platform to the startups of the future to raise capital along with providing them a platform to experiment and grow. Its native token MVD has been listed on LBank Exchange at 22:00 (UTC+8) on February 11, 2022, to further expand its global reach and help it achieve its vision.
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MvPad is a revolutionary new Launchpad for the future multiverse. It aims to drive the unprecedented shift to a multiverse society by facilitating collaboration, coordination, and development of ground-breaking Metaverse initiatives of NFTs, DAO system, META IDs, interoperability solutions, AR & VR, and many more.
The team individually vets all prospective projects for the Launchpad so that only the best of the best make it to the public, as well as offering them the exclusive access to its marketing and KOL network, and services such as tokenomics design by experts, vesting schedule creation, valuable industry connections via its advisor and extended network, smart contracts design, audit, and development support.
With MvPad, users will be able to engage in the fundamental building blocks of the Metaverse by getting in early. To get access to new prospective projects on Metaverse, users just need to stake their tokens and obtain the tier of their choosing, which includes META-MOON, META-STAR, META-GALAXY, and META-COSMOS, each with different requirements and pool weights.
Allowing for significant development, innovation, and industry connections, MvPad seeks to make it possible for new and promising initiatives to debut themselves on the Metaverse, and build tomorrow’s multiverse with every participant.
About MVD Token
MVD is the native token of MvPad, it is deflationary in nature which helps it to get high demand and constant price growth. It also provides the investors with an opportunity for long term wealth creation through staking incentives.
The main deflationary mechanisms of MVD include a 5% fee on sell transactions and early unstaking fees of up to 20%. 2% of the sell transaction fees will be distributed among holders, 1% will be added to liquidity, and the rest 2% will be burned perpetually. As for buy transactions, there is no fee for them.
The total supply of MVD is 300 million (i.e. 300,000,000) tokens. 7% of it is provided for private sale, 3% is provided for seed, 6% is allocated to advisors, 26% is for public sale, 13% is provided for liquidity, 20% is for staking, 10% is allocated to the team, another 10% will be used for development, and the rest 5% is provided for reserve.
The MVD token has been listed on LBank Exchange at 22:00 (UTC+8) on February 11, 2022, investors who are interested in MvPad investment can easily buy and sell MVD on LBank Exchange right now. The listing of MVD on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the wor
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