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What Is Megastarz (MEG) ? Complete Guide Review About Megastarz
Welcome To Wootfi All In One Review Blog > Blog > COINS > What Is Megastarz (MEG) ? Complete Guide Review About Megastarz
COINS

What Is Megastarz (MEG) ? Complete Guide Review About Megastarz

Denny Bitsong
3 months Ago COINS Posted by By Denny Bitsong 5 Min Read Add Comment Tags: Megastarz Megastarz login v signup
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What Is Megastarz (MEG) ?

Megastarz (MEG) is a project whose objective is to give its investors access to passive income content related to the starz of the world, such as digital collections.  NFT’s of  phenomenons from different categories(music, movies, crypto, twitter, tiktok etc.) will be minted to market. Investors will also be able to collect and exchange limited edition NFT’s to  gain passive income

Megastarz (MEG) Technology will allow us to enhance the collecting experience all anchored on Blockchain technology, which guarantees the authenticity, traceability and immutability of collections. Megastarz will generate a direct connection between phenomenons and thousands of fans, much stronger than a mere image transaction and significantly improving the current value proposition of collecting in the starz world.

Megastarz (MEG) Coin Storage Key Points

Coin BasicInformation
Coin NameMegastarz
Short NameMEG
Circulating Supply11,000,000.00 MEG
Market Map$58,584
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

NFT Collectibles $MEGToken

Megastarz (MEG) The $MEG Token is currently a standard BEP20 token of the Binance Smart Chain network with a limited supply. In order for investors  to perform gain access to passive income, they will need to have $MEG tokens. A stake will also be automated for holders.

Passive Income

Megastarz (MEG) receives a percentage of all revenue generated from the sale of  MegaStarz NFTs. There will be 3 different passive income model for both MEG Token Holders and NFT Collectors.

– % 50 of the collected money will distribute to “Starz of the Week” NFT Card Holders every week.

– %25 of collected money will distribute to MEG token holders  every week. (according to their holdings) 

– %25 of collected money will go to Megastarz Revenue pool for upcoming events. **

– Passive Auto Stake system Megastarz Token (%3 of the all collected fees will distributed directly to Token holders.)

** Every month there will be “Starz of the Month” event. Another bonus distribution will happen to NFT holders.

NFT Passive Income Model WITH Example

Megastarz (MEG) Let’s say have 4 NFTs in the first week in collection. 1000 pieces of each will be created and will be sold for 10 BUSD each. If all NFTs are sold that week, the pooled money will be 40000 BUSD. From this reward pool ; 
— 10000 BUSD  will be distributed to MEG holders every week in parallel with the amount of tokens it holds.
— 20000 BUSD will be distributed to the NFT holders depending on the weekly ‘NFT of the Week’ Event.
— Remaining 10000 BUSD will be reserved for ‘NFT of the month Event’ , intermediary organizations, contests and NFT Ecosystem


Megastarz (MEG) For Superlauch Holders also there will be Tier upgrade options and extra earnings are considered by SLA for those who collect certain NFTs and create albums in the future.

Remove Liquidity

  1. Log into the Maiar Exchange
  2. Select “Liquidity” from the top menu
  3. Click on “My Liquidity”
  4. Expand the token pair you want to remove liquidity from
  5. Click “Remove”
  6. Select the amount of liquidity tokens you want removed.
  7. Select the Slippage (0.1% by default)
  8. The actual amount of tokens will be displayed below
  9. Click on “-Remove Liquidity”
  10. You will be asked to confirm 2 transactions*, as per your login method -> confirm
  11. The 2 transactions will be sent, your LP tokens will be burned and your new balances will be automatically updated, pending the transactions’ execution

Tip: you need LP Tokens to be able to remove liquidity. If your “My Liquidity” is empty, remove the LP tokens from the farm first.

Swap

  1. Log into the Maiar Exchange
  2. Select “Swap” from the top menu
  3. The swap interface presents you with a choice of original token and destination token
  4. Select the two tokens
  5. Enter the amount of original token you want swapped
  6. The amount of destination token will be automatically calculated based on its current price
  7. Select a slippage (default 0.5%)
  8. Click continue
  9. You will be asked to confirm 2 transactions (wrap EGLD, swap token), as per your login method -> confirm
  10. The 2 transactions will be sent and your new balances will be automatically updated, pending the transactions’ execution
Tags: Megastarz Megastarz login v signup

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Denny Bitsong 10/02/2022
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