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MongolNFT Coin (MNFT) Listed on MEXC Exchange Today, April 26, 2023

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Ulaanbaatar, Mongolia–(Newsfile Corp. – April 26, 2023) – MongolNFT Coin (MNFT) is listed on the MEXC Exchange starting today, April 26th, 2023. For all users of the MEXC Exchange, the MNFT/USDT trading pair was officially available for trading at 12:00 UTC, today on April 26, 2023.

MongolNFT

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Solving the challenges facing Mongolian artists, MongolNFT builds the premier marketplace for authentic Mongolian NFTs. Its native token, MongolNFT Coin (MNFT), was listed on MEXC Exchange at 12:00 UTC on April 26, 2023 to further expand its global reach and help it achieve its vision.

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Introducing MongolNFT

In recent years, the world of NFT has picked up steam. However, due to the lack of proper NFT market infrastructure and systematic information about NFTs in Mongolia, the only way for Mongolian content creators and artists to step into the game is solely through foreign NFT marketplaces.

To tackle these issues and provide a boundless potential of NFTs to Mongolians, the first Mongolian NFT marketplace, MongolNFT, was launched. The platform provides not only a place for users to buy and sell digital artworks but also another avenue for influencers and content creators by offering them a unique way of marketing their exclusive content and engaging with their fanbases.

As a legitimate entity, MongolNFT makes legally valid contracts with the creators, along with strict rules intended to prevent any possible copyright violation. The purchasers in the MongolNFT marketplace, therefore, face no conflict on ownership validation. Furthermore, MongolNFT offers Mongolian artists and content creators various ways to reach the worldwide audience by facilitating marketing exposure as a single flow from the marketplace.

In terms of technical aspects, the authentication of any work of art or content on the MongolNFT marketplace is compiled into the blockchain system with a unique smart contract number protecting both the creator and the buyer from potential counterfeit and copyright issues. The platform also provides the artists and creators with a variety of MultiChain options to choose from, on whichever system they want to create their work.

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In addition to the NFT marketplace and unique NFT collectibles, MongolNFT will also provide other products and services such as streaming music without boundaries, gaming with play-to-earn, the first multi-layer capital city built in the metaverse, DAO, DeFi, and more.

About MNFT Token

MongolNFT Coin (MNFT) is the utility and governance token of the MongolNFT platform. It can be used in the MongolNFT marketplace to buy and sell NFTs, video streaming platforms with NFT access, gaming, and metaverse investment. And any features, additions, roadmap, etc. of the MongolNFT platform will be decided by MNFT holders based on the DAO.

Based on ERC-20, MNFT has a total supply of 400 billion (i.e., 400,000,000,000) tokens, of which, 35% is provided for private/public IEO, 5% will be used for marketing, 10% is allocated for business development and partnership, 5% is provided for DeFi, 30% is allocated to the team, advisors, and board members,10% is provided for LP, and the remaining 5% is reserved by the company. In June 2022, the MNFT community introduced a Burn protocol, and a total of 96.2 billion MNFT tokens have been burned from the total supply.

MNFT token was previously listed successfully on Bittrex Global and LBANK, and was listed on MEXC Exchange at 12:00 UTC on April 26th, 2023. Investors who are interested in the MongolNFT can easily buy and sell it on MEXC by then.

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Learn More about MNFT Token:

Twitter: https://twitter.com/MNFT_World
Discord: https://discord.gg/8NeYj8r2SY
Telegram: https://t.me/+FBHFMqO47zs0NjJl

Learn More about the MongolNFT platform:

Official Website: https://mongolnft.com
Twitter: https://twitter.com/Mongol__NFT
Facebook:https://www.facebook.com/mongolnft
Instagram: https://www.instagram.com/mongolnft/

Contact Details:

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Multimedia Entertainment Platform LLC, Mongolnft platform
[email protected]
[email protected].

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163800

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Blockchain

Africa Loyalty Programs Market Databook 2025, with Safaricom, Paga, M-Pesa, Airtel Money, MTN MoMo, Pick n Pay, JumiaPay, Paycode, TradeDepot, Shoprite, Flutterwave, Takealot, Ecobank and More

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African Loyalty Programs Market

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Taraxa Report Reveals 20X Overestimation In Blockchain Throughput

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As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.

Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.

Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.

This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.

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Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.

“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”

“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”

Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.

Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.

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By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.

The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.

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TRM Labs Expands Wallet Screening Solution to Combat $11 Billion Crypto Fraud Epidemic

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