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HomeCOINSWhat Is MetaOctagon (MOTG)? Complete Guide & Review About...

What Is MetaOctagon (MOTG)? Complete Guide & Review About MetaOctagon

What Is MetaOctagon (MOTG)?

The MetaOctagon team is building a multiplex of a metaverse world where users can create, display, and trade their contents using MOTG, the main utility token of the platform. MOTG holders are allowed to participate in governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on essential decisions of the ecosystem.

As a user, you can create digital contents such as apps or memes, convert them into digital assets such as NFTs (Non-Fungible Tokens), and upload them on the MetaOctagon Coin marketplace. The secures its position in the market as a pioneer of the Web3 metaverse platform to build a fun, creative and communal “create-to-earn” marketplace platform, owned and operated by users.

The MetaOctagon aims to realize a true blockchain ecosystem by using the Ethereum Protocol, attracting both crypto and non-crypto content creators by offering the essential advantages of true-ownership, digital scarcity, monetization capabilities, and interoperability.

MetaOctagon Coin has brought an upgraded version of Club Octagon, the world’s 5th greatest club chosen by DJ Mag, on a metaverse platform. Unlike existing clubs which they must physically visit the place to enjoy the concert, Meta Octagon offers a new paradigm for virtual clubs which they can visit from anywhere with a device.

MetaOctagon Coin Storage Key Points

Coin BasicInformation
Coin NameMetaOctagon
Short NameMOTG
Max Supply3,000,000,000
Total Supply3,000,000,000
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

Economy

The team is excited by the chance to build brand-new, creative business models with this creator-powered economy, including both revenue model and token model.

With MOTG, Creators will benefit from immediate liquidity that relies on value of the MOTG token’s utility in the ecosystem and market. The goal is to reframe the real world economy into metaverse, based on creators.

MetaOctagon UGCs token: Sales of UGCS created and developed by the MetaOctagon team (UGCS, Attributes, others);

Transaction Fees: The MetaOctagon charges 5% of all transaction volume carried out in MOTG tokens to be allocated 50% to the Staking Pool as rewards for MOTG holders who Stake MOTG tokens and 50% to the “Foundation.”

Creator Subscription Fees: Incomes that the MetaOctagon will generate from various subscription models to gain access to exclusive premium features of Metaframer, Special UGCS, and etc.

Mission

The MetaOctagon team’s motivation is to build a system where content creators can freely and simply craft, utilize, apply, and monetize their digital contents without central control, enjoying full secure copyright ownership with the ability to earn MOTG.

It is a key concept of the platform to be developed on Web3, unlike existing metaverse platforms that are still limited to central authority systems. Therefore, the team has set following missions to build a complete and successful metaverse marketplace on Web3.

Creator rights and ownership should not be maintained or guaranteed through intermediaries.

Value of user-generated content is given in the market where no central control rules or intervenes into the revenue architecture.

A supportive market for multi-generated NFTs to prove creative ownership of user’s works is necessary to the market to add extra value to content creators.

Decentralized economy powered by cryptocurrency is supposed to be a main component of the user-generated content market to maintain transparency and fairness.

Feature

Experience Virtual Ownership

Keep authenticity for all types of your digital contents. MetaOctagon performs various artists’ concert every month. You can enjoy new sounds that are not released in real-world every day.

Customize your Avatar

You can create an apperance of your avatar. Buy and try various of hairstyles, accessories, fasion and more. Get valuation of your digital contents in the market.

Interoperability

Share your creativeness in the metaverse world. You can communicate with new friends and check their real profile. Ordering drink and communition are same as real world.

MetaOctagon Ecosystem

The MetaOctagon ecosystem is built for Creators and Developers, consisting of three main components: Metaframer, Metaplex, and the MetaOctagon SDK.

The MetaOctagon offers a special way to craft, display, and trade all types of digital contents. Creators and Developers can express their creativity with our powerful content creation tools. You can make your own digital contents, convert them to any supportive format, and publish/sell them in the Web3 metaverse marketplace.

Metaframer is the user-generated content reation tool that allows anyone to craft their own digital contents and effortlessly export them to Metaplex where users can convert them into limited ERC-1155 tokens as UGCS. UGCS are virtual tokens with strong security and authenticity features that are indivisible and distinct.

Blockchain is a key technology to realize a true Web3 metaverse ecosystem with its decentralized finance ability such as sharing rewards and generating a new market value of digital content. MetaOctagon’s Web3 features will allow users to monetize their digital contents and freely trade them as UGCS.

The UGCS smart contract allows all types of digital contents from a simple image file to a complicated application jason file to become a tradable valuable resource in the market. Layer segments of the the ecosystem ensures cross-platform usability of digital contents.

Metaplex is not just a marketplace, but a decentralized metaverse where different digital contents and creations of Creators and Developers meet and communicate. Market value is totally upon uesrs in Metaplex.

Roadmap

Strategic Milestone

  • Q2 2022
    • Listing announcement
    • Strategic Partnership announcement
  • Q3 2022
    • Global to Local Market Initiation
    • Local Influencer Acquisition
  • Q4 2022
    • Global Office Establishiment

Marketing Milestone

  • Q2 2022
    • Global Community Development
    • NFT Influencer Acquisition
    • Advisory Board Invitation
  • Q3 2022
    • Public Figure Invitation
    • Localization Completion more than 5 languages

Development Milestone

  • Q2 2022
    • MOTG Token Minting
  • Q3 2022
    • Metaplex Developement Started
    • Metaframer Development Started
  • Q4 2022
    • Metaplex beta release
    • Metaframer beta release
    • MetaOctagon SDK
  • Q1 2023
    • Metaframer V2 release
    • Metaplex V2 release
    • MOTG DeFi release
Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things