Blockchain Integration
Last updated
Last updated
We are excited to announce that Moonlight has chosen Ethereum as our blockchain platform. While we have made this decision, implementation is about to begin. This choice aligns with our commitment to provide a secure, decentralized, and robust environment for our users and content creators.
Token Strategy and Management Moonlight Token ($ML) Overview Ticker: $ML Blockchain: Ethereum Total Supply: 1 billion tokens Primary Uses:
Tipping Content Creators: Show appreciation by tipping your favorite authors.
Participating in Platform Governance: Influence platform decisions through token-based voting.
Trading on Decentralized Exchanges: Buy, sell, or trade $ML tokens on Ethereum DEXs like Uniswap.
NFT Interactions: Engage with NFTs representing unique content on Moonlight.
Smart Contract Deployment Upcoming Deployment on Ethereum We are about to begin implementing our smart contracts on Ethereum, chosen for its:
Security: A well-established blockchain with robust security protocols.
Decentralization: A highly distributed network ensuring resilience and trust.
EVM Compatibility: Seamless integration with existing Ethereum-based tools and services.
Liquidity: A thriving ecosystem with deep liquidity on major exchanges.
Planned Features to Be Developed
Automated Token Distribution: Transparent allocation of $ML tokens.
Secure Transaction Processing: Safe handling of all token movements.
Governance Mechanisms: Enabling decentralized decision-making.
NFT Minting Capabilities: Allowing creators to tokenize their content.
Wallet Integration Integration Strategy We plan to integrate with popular wallets compatible with Ethereum to ensure seamless transactions within the Moonlight app.
User Features
Secure Storage: Safeguard your $ML tokens with industry-standard security.
Transaction Management: Send and receive tokens effortlessly.
Real-Time Updates: Access up-to-date balances and transaction history.
Supported Wallets: MetaMask, Trust Wallet, Coinbase Wallet, and more.
Acquiring $ML Tokens Access Through Decentralized Exchanges (DEXs) Ethereum DEXs: Users will be able to purchase $ML tokens on platforms like Uniswap. Guides and Support: We will provide step-by-step instructions to assist you in setting up wallets and buying tokens. Bridging Assets: Utilize Ethereum-compatible bridges to move assets from other blockchains.
NFTs for Exclusive Content Creation and Trading
NFT Minting: Authors will have the option to mint NFTs representing quotes, chapters, characters, or entire works.
Trading Platform: Buy, sell, or trade NFTs within Moonlight or on Ethereum NFT marketplaces like OpenSea.
Benefits
Exclusive Ownership: Own unique pieces of your favorite content.
Support Creators: Directly contribute to the creators you love.
Royalties: Creators earn from initial sales and secondary trades.
Interactive Experience: Engage with content on a deeper level through ownership.
In-App Transactions Utilization of $ML Tokens
Tipping: Use $ML tokens to support your favorite authors.
NFT Interactions: Purchase and trade NFTs directly within the app.
Instant Transactions: Secure and efficient token transfers on the Ethereum network.
Transparent Records: All transactions are recorded on the blockchain for full transparency.
Governance and Community Engagement Token-Based Voting
Participate in Decisions: Use $ML tokens to vote on platform features and policies.
Community Proposals: Submit ideas and influence Moonlight's direction.
Decentralized Governance
Democratic Platform Evolution: Ensure Moonlight evolves with its users' needs.
Transparency: All votes and proposals are recorded on the blockchain.
Enhanced Security and Operational Transparency Blockchain Advantages
Immutable Records: Transactions cannot be altered, ensuring trust.
Secure Smart Contracts: Audited contracts will protect user interactions.
Transparency
Public Ledger: All transactions will be visible on Ethereum's blockchain explorer.
Accountability: Builds confidence within the Moonlight community.
Why Ethereum? Ethereum offers several advantages that align with Moonlight's goals:
Security: A well-established blockchain with a robust security framework.
Decentralization: Ensures censorship resistance and long-term viability.
Developer-Friendly: EVM compatibility allows for efficient development and integration.
Large Ecosystem: A thriving network of applications and services enhances user experience.
Next Steps We are about to begin implementing our blockchain integration on Ethereum. Stay tuned for updates as we progress through development.
Embrace the future of content with Moonlight on Ethereum.