Moxy launches token sale and esports platform

Moxy announced the public sale on Wednesday that its native MOXY token was now available in a public sale.

   The company has also officially launched its Moxy esports platform and Battle of the Influencers competition.

Moxy, a leading blockchain-based esports company, has officially launched its token sale. The team also announced that its esports platform and highly anticipated Battle of the Influencers contest are now live.

The Moxy team revealed the historic triple launch in a press release shared with CoinJournal on Wednesday.

Moxy launches public sale of native tokens

MOXY is the native asset of the Moxy ecosystem and is now available to the public in a token sale. According to Moxy, the total supply will be 1.5 billion MOXY tokens. Around 17.5% of the total supply went to token sale, which includes private sale, club sale and public sale.

The token public sale stage will give esports fans, cryptocurrency enthusiasts, and the broader investor community the opportunity to purchase from a pool of 11 million tokens. The retail price has been set to start at $0.06, according to details on the platform’s tokennomics page.

In terms of utility, MOXY will feed a global gaming ecosystem. Holders gain access to Moxy’s on-demand esports platform, where they can participate in various gaming contests to earn payouts in the native token.

Tournaments like Battle of the Influencers, an esports challenge for the top influencers on the internet, will be available to the community. Participants will not only be able to battle against each other in a blockchain-powered gaming environment, but will also compete for the chance to win MOXY tokens.

Moxy recently partnered with service providers to increase token visibility. The esports platform also reached an agreement with the British video game developer Stainless Games in a collaboration that included the Shock Rods shooter in its catalogue.