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Cryptocurrency News Articles
Major Token (MAJOR) to List on OKX Exchange on November 28
Nov 16, 2024 at 03:42 am
The Major team has announced the November 28 listing of its token on the OKX exchange. The spot market will pair MAJOR with USDT, enabling users to buy
Major, a Telegram-based game with over 14 million active players, has announced the listing of its token on the OKX exchange. The announcement was made on Nov. 28, with the token set to be available for purchase, sale, and holding on the OKX spot market.
The pre-market trading for Major began on Nov. 14, allowing users to engage with the token ahead of its official listing on Nov. 28. During this period, the Major pre-market price peaked at $0.0198 on Nov. 14, and later settled at $0.0154 on Nov. 15 with a 15.68% decrease in value.
OKX has also announced 2x leverage for pre-market futures, enabling traders to speculate on price movements with enhanced positions.
Major has only announced listing its token on OKX as of yet. The team said that they will soon announce other exchanges.
According to the Major team, the Telegram Stars earned in the game are convertible into MAJOR tokens on a 1:100 basis. This means that 100 Telegram Stars are equivalent to one Major token.
The game is played within the Telegram application, and users can earn rewards in the form of Telegram Stars and TON cryptocurrency. These stars can then be converted into Major tokens.
Major also introduced tasks to help users earn stars. Some of these tasks include following Major on Telegram, promoting the TON blockchain, sharing content in stories and inviting friends.
As of now, more than 30 million stars have been accumulated by participants.
The Major token is designed to serve as a key component of the Telegram game, facilitating the conversion of in-game rewards into a tradeable asset. This integration aims to enhance the gaming experience and provide players with additional opportunities for engagement.
The project's tokenomics prioritize community rewards and sustainable growth. A significant portion of the tokens, 80%, is allocated to the community. Of this allocation, 60% is directly rewarded to current players with no locking periods, allowing them to立刻拥有参与活动的代币。另外 20% 将用于支持未来计划、流动性农业和社区激励。
The remaining 20% of the token supply is allocated to marketing and development activities. This allocation supports promotional initiatives, liquidity needs, and long-term development projects. To ensure stability, the team applies a 10-month vesting period to most of this portion.
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