On April 29th, OKX is set to launch the trading of the MSN token from Meson Network, pairing it with USDT from 6:00 AM UTC.

Cryptocurrency exchange OKX disclosed its intention to add Meson Network (MSN) to its spot trading market.

Meson Network is paving new pathways in the Web3 landscape by launching a protocol aimed at creating a marketplace for bandwidth, which seeks to replace conventional labor-driven sales frameworks.

The MSN-USDT trading pair will launch at 6:00 AM UTC on April 29th. Users can begin depositing tokens starting from 10:00 AM UTC on April 26th, with withdrawals available a few days later, commencing at 6:00 AM UTC on April 30th.

With a total supply of 100 million MSN tokens, the distribution strategy outlined in its tokenomics allocates 26% for investors, 25% for ecosystem initiatives, 20% to reserves for the foundation, 15% for the technical team, 6% for partners, 5% for public sales, 2.2% for airdrops, and 0.8% for Jumpstart projects.

MSN functions as both a governance and incentive token within the Meson Network. It plays crucial roles in rewarding miners, facilitating staking processes, supporting user transactions, and contributing to the governance of the protocol. Additionally, tokens are rewarded to network nodes for providing server resources.

Stay informed about the latest cryptocurrency distributions through our platforms. Airdrops Calendar .

Recently, Meson Network secured funding from OKX Ventures, allowing it to launch its MSN token on the OKX Jumpstart.

The strategy of Meson Network focuses on gathering and monetizing unused bandwidth from low-demand users, aiming to create a firm base for decentralized storage, computation, and the burgeoning dApp ecosystem in Web3.

Back in March, the project attracted funding from OKX's investment division, which noted Meson Network’s considerable contributions in decentralized bandwidth and big data solutions. OKX Ventures Not too long ago, Meson Network's token was introduced on the OKX Jumpstart, a hub for launching tokens and raising funds. This allowed participants to deposit ETH and BTC into staking pools to earn MSN tokens, starting from 6:00 AM UTC on April 26th. advancements Please be aware that the information presented here is not meant to constitute legal, tax, investment, financial, or any other form of advice. Only invest what you are comfortable with losing, and consider seeking independent financial counsel if you have questions. For detailed information, it's advisable to check the issuer's terms and conditions along with their support resources. MetaversePost strives for accurate and impartial reporting, but keep in mind that market conditions can change unexpectedly.

Alisa, a passionate journalist at Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the exciting developments in the Web3 domain. With her sharp insight into emerging trends and technologies, she offers insightful coverage to engage and inform readers in the dynamic world of digital finance.