{"id":17611,"date":"2023-02-14T02:42:28","date_gmt":"2023-02-14T02:42:28","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/wemix-plays-first-fan-token-myrtle-tops-100m-market-cap\/"},"modified":"2023-02-14T02:42:28","modified_gmt":"2023-02-14T02:42:28","slug":"wemix-plays-first-fan-token-myrtle-tops-100m-market-cap","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/wemix-plays-first-fan-token-myrtle-tops-100m-market-cap\/","title":{"rendered":"WEMIX PLAY’s First Fan Token MYRTLE Tops $100M Market Cap"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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MYRTLE, the first Fan Token on WEMIX PLAY, surpassed the $100 million USD market value just one day after its issuance.\n<\/p>\n

On January 27th, it was mined by the famous Philippines actress\/blockchain game streamer Myrtle Sarrosa on the worldwide no. 1 blockchain gaming platform WEMIX PLAY, with an initial price of 1WEMIX$ and a market cap of 1000WEMIX$.<\/p>\n

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It was trading at 13.6 WEMIX$ on February 1st, with a market size of 109 million WEMIX$.\n<\/p>\n

Fan Token is a revolutionary blockchain-based mechanism for fans to fund creators. A performance-based tokenomics ties creators\u2019 popularity with the growth in the value of their tokens, and both creators and fans gain as a consequence.\n<\/p>\n

Users may purchase and keep Fan Token in order to support their favorite creators. And creators will be able to control their own Fan Tokens, which will be generated via a high-water mark mechanism. They can sell it, distribute it to fans through airdrop, or utilize it for a variety of activities such as fan meetups and direct help to communities.<\/p>\n

Unlike traditional tokenomics, which automatically mints new tokens on a regular basis, the high-water mark approach mints new tokens only when its 24-hour average price exceeds the preceding average price.\n<\/p>\n

WEMIX will continue to work with other creators to create the digital economic fan community ecosystem based on Fan Tokens.\n<\/p>\n<\/p><\/div>\n

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(Originally posted on : Crypto News – iGaming.org ) MYRTLE, the first Fan Token on WEMIX PLAY, surpassed the $100 million USD market value just one day after its issuance. On January 27th, it was mined by the famous Philippines actress\/blockchain game streamer Myrtle Sarrosa on the worldwide no. 1 blockchain gaming platform WEMIX PLAY, […]<\/p>\n","protected":false},"author":5,"featured_media":17612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/17611"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=17611"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/17611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/17612"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=17611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=17611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=17611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}