Token name - 2MOON
Total supply of 100,000,000,000 (100B) 2MOON tokens will be issued.
The native cryptographically-secure fungible protocol token of Moon (ticker symbol 2MOON) is a transferable representation of attributed utility functions specified in the protocol/code of Moon, and which is designed to be used solely as an interoperable utility token thereon.
Further, 2MOON provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Moon, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. 2MOON is an integral and indispensable part of Moon, because without 2MOON, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Moon. Given that, additional 2MOON will be awarded to a user based only on its actual usage, activity and efforts made on Moon and/or proportionate to the frequency and volume of transactions, users of Moon and/or holders of 2MOON which did not actively participate will not receive any 2MOON incentives.
2MOON is a functional multi-utility token which will be used as the medium of exchange between participants on Moon in a decentralised manner. The goal of introducing 2MOON is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Moon without any intermediaries such as centralised third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. 2MOON does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will 2MOON entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. 2MOON may only be utilised on Moon, and ownership of the same carries no rights, express or implied, other than the right to use 2MOON as a means to enable usage of and interaction within Moon. The secondary market pricing of 2MOON is not dependent on the effort of the MOON team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.