In this article we will talk about Micro Gaming Protocol (MGP) Token, a very interesting shitcoin that is based on the Binance SmartChain BSC network and that today in cryptoshitcompra.com we will explain your project and how to buy it.
What is Micro Gaming Protocol (MGP) Token?
We Tokenize Electronic Sports! world of esports is a rapidly growing market (see figure 1) and its tournaments, prizes and everything else is currently organized and controlled centrally by a handful of companies. We want to use a de-fi cryptocurrency to change this situation and return control to the people they should have had from the beginning: the players.
We want to take gamers, streamers and investors on a journey to rethink how organized esports should be. All we need to achieve this is the power of the gaming community and the MGP token.
MICRO GAMING PROTOCOL (MGP) Token distribution:
initial supply will be 1,000,000,000,000,000 (1 quadrillion) coins. About 50% of the initial supply will burn out immediately.
For each transaction carried out, a commission of 11% is incurred. n this fee is divided between several uses:
■ 3.5% will be transferred to Pancakeswap’s liquidity pool to stabilize the price movement of the currency and to prevent the liquidity pool from being depleted. ■ 3% will be transferred to a prize wallet from where the winners of the tournament or the players who completed it successfully, will be paid for certain achievements in the game. ■ 2% of each transaction will be burned. This will make MGP coins more scarce and lead to increased value over time. ■ 2% of each transaction will be distributed evenly across all portfolios containing MGP at the time the transaction occurs. ■ 0.5% will be transferred to a marketing wallet to pay for future exchanged listings and marketing campaigns.
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Each transaction can contain a maximum of 500,000,000,000 tokens. This percentage can be adjusted to new circumstances at any time in consultation with the community. This restriction prevents whale dumps.
Microgame Protocol – Litepaper June 2021
Marketing
Good marketing is only successful with a strong community and, unfortunately, with a lot of money. refore, we have thought of a way to combine both perfectly. As described in the tokenomics section, there is a marketing wallet in which a small part of each transaction flows. se resources can be used for marketing campaigns and future exchange listings.
This means that an active and growing community also provides increasing marketing power and gives us even more opportunities to be successful, reach more players, and get them excited about our idea.
Community
We are aware that the game scene has a very strong community, which is very well connected and offers strong cohesion to all participants. We want to bring this spirit to MGP and involve the community in all important decisions. Be it the organization of tournaments, the list of new exchanges or other marketing campaigns.
Vision
Initially, the tournaments will continue to be organized centrally by a group of administrators. At a later time (see roadmap), players will be able to organize tournaments themselves with a certain part of the prize pool through consensual decisions. Through a connection to the game developers’ APIs, it can be verified that a player has actually met the set goal and the prize can be automatically distributed via smart contract.
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Road Map Micro Gaming Protocol (MGP) Token.
Second quarter 2021
smart contract was created
Website created
Presale
Launch on pancakeswap
Listed in CMC and CG
Preparation of first game tournaments
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Third quarter 2021
More tournaments with higher prizes
Work towards integrating the game API
Start looking for partners within the eSports / gaming industry
Fourth quarter of 2021
Listed on more exchanges
First quarter 2022
Elaborate the need for a bridge to another network based on the current situation of the BSC in 2022
Set up our own exchange exchange (community vote pending)
NFT minter to create unique (possibly game related) NFTs for tournament winners.
OFFICIAL WEB
How to buy Micro Gaming Protocol (MGP) Token?
Well then I leave you a tutorial on how to buy it, you can buy it through Pancakeswap or poocoin.app, we will do it from pancakeswap and in case you don’t know, we need to have a portfolio either from trustwallet or metamask, in this case I I use metamask.
Here you have a tutorial on how to create a portfolio in metamask: This video.
Once we have our metamask portfolio created, what we have to do is copy our address as indicated with the arrow and put it with the Binance Smart Chain network.
FIRST STEP TO BUY Micro Gaming Protocol (MGP) Token
To buy Micro Gaming Protocol (MGP) Token we are going to need BNB, which is the currency of binance, since this token works through its network. so the first thing will be to register here to enter binance and be able to buy BNB.
Next we have to go buy crypto and we have to select BNB to buy it, in this case I do it with Euros and with a debit or credit card.
Once the bnb are bought, we go to our Binance wallet and we hit SPOT and we go down until we see BNB and we hit “Withdraw” or “Withdraw”.
n on the next page that will come out, we have to paste our metamask address and put the BSC network and we would already have the BNB in our metamask portfolio.
SECOND STEP TO BUY Micro Gaming Protocol (MGP) Token
First of all we will go to this link: Pacake Swap
When we reach pancake swap we have to connect our metamask portfolio with the binance smart chain network and then put the Micro Gaming Protocol (MGP) Token at the bottom in case we do not get the option to add token, If we get it, we add the token and that’s it.
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Once the token is added, we simply have to put the amount of bnb that we want to exchange for Micro Gaming Protocol (MGP) Token and voila, it would be bought and in our metamask portfolio.
And voila, we would have our Micro Gaming Protocol (MGP) Token in our Metamask portfolio.
LIVE PRICE OF THE TOKEN:
In this url they have the live price : Token price
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