MON

What is Mon Protocol?

Mon Protocol is a decentralized protocol designed to bring traditional gaming and blockchain together. It aims to create new possibilities for IP governance, allowing users to manage their favorite game universes and characters on-chain.

• Fragmented IP: Mon Protocol focuses on integrating fragmented IP across different projects and verticals. This approach allows gamers and developers to engage with their favorite characters, games, and universes in new ways.
• Decentralized IP Governance: The Mon Protocol introduces on-chain IP governance, allowing users to govern the fractionalized IP of various characters and games. Its first implementation is with Pixelmon’s 200+ monster characters.
• MON DAO: A decentralized autonomous organization (DAO) that enables governance features such as DAO visualizations and a decentralized incentive system aimed at growing MON Protocol partner IP.

Backed by Industry Leaders

Mon Protocol is supported by several key players from the gaming, investment, and blockchain sectors, including:

• Delphin Ventures
• Animoca Brands
• Mechanism Capital
• Newman Group
• Spartan
• Amber
• Angels from notable organizations like 9GAG, Immutable, Crunchyroll, Rotten Tomatoes.
• Team from major gaming companies such as Ubisoft, Sony, Activision, Warner Media, Bandai Namco, Electronic Arts, Riot Games, Funplus, Jagex, Garena

Mon Protocol's Role in Gaming and Blockchain

Mon Protocol connects the traditional gaming world with the emerging blockchain space, offering a user-acquisition funnel for web3 gaming. This initiative not only supports the growth of new gaming ecosystems but also provides a decentralized framework for IP management.

• Governance: The MON DAO will be a key component of Mon Protocol, implementing decentralized governance to incentivize growth and manage IP across multiple projects and partnerships.
• Pixelmon: The governance model of Mon Protocol will start with the IP of Pixelmon, enabling users to have control over the characters and stories they love.
• Investment and Support: Mon Protocol has secured funding from 12 investment firms and support from major gaming and blockchain companies, ensuring a strong foundation for future development and adoption.

About Pixelmon Game

Pixelmon is an NFT RPG game that allows players to transform into game characters and embark on an adventure, fighting to earn rewards. Its gameplay is inspired by combining elements from two popular games: Pokemon GBA and Call of Duty.

• Pixelmon Generation 1: A collection of 12,566 NFTs on Ethereum themed after pets used in the game.
• Airdrops of MON Protocol’s MON token.
• Pixelmon Trainers: A collection of 7,000 NFTs representing characters from the game. Each NFT grants the holder a unique intellectual property right for commercial use, along with future airdrops.
• Evolution Serum: A collection of NFTs that enhances the power of in-game monsters. Distributed as rewards or in a random lottery to Pixelmon Generation 1 NFT holders.
• Future Plans: Pixelmon is planning to develop additional NFT collections to increase benefits and expand utility for participants in the future.

Other Coins in the Animoca Brands Portfolio

• BreederDAO: a cryptocurrency that creates high-quality digital assets for enhancing gaming in blockchain-based worlds.
• FARCANA: a cryptocurrency used as the primary utility token in the free-to-play video game Farcana.
• Astrafer: token used in the open-world mecha ARPG game Phantom Galaxies.

MON Price Analysis

As of December 25 2024 MON has a marketcap of $31M. This is {{percentagefromath}} from its all time high of $0.686349. In terms of its tokenomics, there's a total supply of 1B with 24% currently outstanding. Keep in mind MON has a fully diluted value of $130M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude