Supply and Distribution

Supply and Distribution of $MGF Coin

Understanding the supply and distribution of $MGF Coin is essential for investors and stakeholders. This section outlines the key aspects related to the coin's availability and allocation.

Total Supply

The total supply of $MGF Coin refers to the maximum number of coins that will ever exist. This figure is predetermined and often established during the token creation process. For example, if the total supply is 21,000,000,000.00 $MGF Coins, then there will never be more than 21,000,000,000.00$MGF coins in circulation.

Circulating Supply

The circulating supply of $MGF Coin represents the actual number of coins currently available and in circulation within the market. This figure can fluctuate due to factors such as token burns, locked or vested tokens, and distribution mechanisms. Inetially 57.67% quantity 12bn $MGF coins is available for circulation and additional 525 million $MGF for community airdrop and marketing.

Distribution

Initial Distribution

• Token Sale: Be part of history as we launch our inaugural Initial Coin Offering (ICO)! This is your exclusive opportunity to participate in the groundbreaking $MGF Coin sale. Secure your share of our innovative token and join us in revolutionizing the crypto space. Total supply available for ICO sale is 10.1% Quantity 2,050,000,000.00 $MGH.

• Airdrops: 1bn $MGF tokens will be distributed through airdrops, where tokens are freely distributed to users who meet specific criteria, such as holding other cryptocurrencies or participating in community activities.

Ongoing Distribution

• Community: Ongoing and upcoming marketing campaigns, where we will be distributing a massive $200,000,000 MGF! Get involved, participate in events, and earn your share of the tokens. Join our community and help us spread the word as we push forward with $MGF into the next stage of growth!.

• Community Rewards: Tokens may be distributed as rewards for community engagement, such as participating in governance, promoting the project, or contributing to development.

Token Vesting and Lock-ups

• Founders and Team: Tokens allocated of 40.35% have vesting schedules or lock-up periods. This ensures that these tokens are gradually released over time to align with project milestones and prevent immediate market flooding.

Token Burns

• Token Burns: Some projects implement token burning mechanisms where a portion of tokens is intentionally destroyed or removed from circulation. This can help increase scarcity and potentially drive up token value over time. Currently we are working on that.

Transparency and Reporting

For investors and stakeholders, transparency in token supply and distribution is crucial. Projects typically provide detailed information on their websites, in whitepapers, or through blockchain explorers, outlining how tokens are allocated, distributed, and managed.