Gate News bot message, September 18, 2023, Gate platform announcement
Gate will launch the spot trading of Mavryk Network (MVRK) and simultaneously open the 299th HODLer Airdrop event. This airdrop will distribute 100,000 MVRK tokens to GT holders. The MVRK/USDT trading pair will begin trading on September 18, 2025, at 21:00 ( UTC+8 ).
Mavryk Network is an emerging Layer-1 blockchain project focused on the tokenization of real-world assets (RWA). The project has reached a tokenization agreement for over $10 billion in assets with MultiBank Group and MAG, planning to put luxury real estate assets such as The Ritz-Carlton on-chain. The total supply of MVRK tokens is 1 billion, issued in the form of a mainnet.
The token distribution plan for the project includes: 16% for core contributors, 18% for the foundation, 20% for private sales, and 8.5% for public rounds and community incentives, among several other sections, each using different unlocking mechanisms. The project contract address is https://nexus.mavryk.org/explorer.
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