Planet Mojo, the creative powerhouse behind Mojo Melee, has revealed exciting details about its latest endeavor, the $MOJO token. With the token contract already in place, the studio is gearing up to introduce this new digital asset to players in an upcoming update, alongside an engaging airdrop campaign driven by social interaction.

The team also just announced a significant round of strategic funding. The funding, led by prominent investors including Animoca Brands, Merit Circle, and Courtside VC, marks a crucial milestone for the company, bringing its total raised capital to $10.5 million. In this article, we will cover everything you need to know about the $MOJO token and exclusive eligibility for airdrops.

$MOJO Token Airdrop

The US-based game developer Mystic Moose only recently introduced the native ecosystem token $MOJO. The company also revealed plans for token airdrops, signaling further expansion within the gaming community. For those eager to dive into the world of $MOJO, the token contract can be found at address 0xeD2d13A70acbD61074fC56bd0d0845e35f793e5E on Polygon.

Participants of Mojo Melee’s March Madness event might have already found themselves on the receiving end of a token airdrop, provided they check their wallets promptly. However, holders must exercise patience as functionalities like buying, selling, or transferring tokens will remain inactive until the token gets listed on a centralized exchange.

Unlocking airdropped tokens requires passing a KYC process and possessing a non-U.S. address, with further details to be disclosed in the future. In parallel with the token release, Planet Mojo is currently running a social activities campaign. Participants can earn airdrop points through daily engagements, with the campaign scheduled to run until April 12th.

More About $MOJO Token?

The $MOJO token serves as the utility currency for Planet Mojo's vibrant ecosystem, encompassing existing titles like Mojo Melee and the recently unveiled GoGo Mojo, in addition to any future games and experiences within the Mojo universe. With a total token supply of 1 billion, Planet Mojo has allocated 30 million tokens for public distribution and reserved 320 million for monthly community rewards over the next five years.

In Mojo Melee, players can earn $MOJO tokens by triumphing in Duel matches, with winnings determined by factors such as player rank, collection tier, augments, and win streaks. To prevent token farming, players are capped at earning tokens for a maximum of five wins per day. It's expected that upcoming games from Planet Mojo will also incorporate $MOJO token rewards.

Players can utilize $MOJO tokens for various purposes including acquiring cosmetic items, gameplay boosters, tournament entry fees, and purchasing random loot boxes. Additionally, $MOJO will function as the governance token for Planet Mojo, enabling holders to participate in governance proposals. You can read more about the $MOJO token here.

More About Planet Mojo?

Planet Mojo's repertoire includes Mojo Melee, a fantasy-themed auto-battler, and Mojo GoGo, a browser-based runner game. The studio is also actively developing Mojo Frontiers, a land-based game, and Project Nova, a AAA game that's currently shrouded in secrecy.

GoGo Mojo: A Dynamic Endless Runner 

One of the highlights of Mystic Moose's latest offerings is the introduction of a new game called GoGo Mojo. This dynamic endless runner is set to captivate the gaming community, providing an immersive experience for both community members and token holders.

GoGo Mojo stands out by allowing players to utilize their customized Mod-able Mojos from Mojo Melee, fostering an interoperable and engaging gaming environment complete with power-ups, competitive leaderboards, and enticing rewards. Simultaneously, the Mojo Maker, the on-chain avatar system of Planet Mojo, is set to become a standalone web application, further enhancing the player experience within the ecosystem.

In addition to NFT collections tailored for Mojo Melee, the studio offers the Mod-able Mojo collection, compatible with both Mojo Melee and Mojo GoGo. For more information about Planet Mojo and its exciting ventures, interested individuals are encouraged to visit the studio's website, follow them on Twitter, and join their Discord chat for the latest updates and announcements.

Disclaimer: The information provided here is for educational purposes only and should not be considered financial advice. Investing and trading carry risks, and decisions should be made after consulting a qualified financial advisor. The views expressed are solely those of the author and do not guarantee future results. Users are responsible for their own investment decisions and should conduct thorough research.