LBank Exchange Amplifies Gaming and Blockchain Integration with Game Meteor Coin (GMTO) on December 21, 2023 (2024)

January 23, 2024 9:19 AM EST | Source: LBank

Road Town, British Virgin Islands--(Newsfile Corp. - January 23, 2024) - In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Game Meteor Coin (GMTO) on December 21, 2023. Users of LBank Exchange can brace themselves for the GMTO/USDT trading pair, which went live already.

GMTO Listing Banner

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Game Meteor Coin (GMTO), a utility token in the Meteorn Run game with a total issuance of 100 billion, is used for repairing NFT shoes, leveling up, purchasing in-game items, and can be earned as incentives by staking MTO, the game's governance token.

Introducing Game Meteor Coin: A Revolutionary P2E Blockchain Platform

LBank Exchange is thrilled to announce the listing of Game Meteor Coin (GMTO), representing a pioneering step in the intersection of gaming and blockchain technology. As the native token of the Meteorn Run platform, GMTO is designed to power a Play-to-Earn (P2E) ecosystem that is based on the robust and scalable Polygon Network. This innovative platform combines the thrill of gaming with the financial potential of cryptocurrency and non-fungible tokens (NFTs), creating an engaging experience for players.

Within the Meteorn Run universe, GMTO serves multiple key functions. Primarily, it is used as the currency for in-game transactions, such as repairing NFT shoes, purchasing unique NFT items, upgrading NFT shoes. These NFTs are not just digital collectibles; they play an integral role in the game's mechanics, impacting player performance and success. Additionally, GMTO acts as an incentive token, incentivizing players to participate in various game modes, including single-player challenges and competitive bet match modes.

Game Meteor Coin is central to Meteorn Run's "Invest 2 Earn" model. This approach encourages players not only to engage in the game for entertainment but also to view their participation as an investment. The game also includes unique features like the Phantasm Sound System and a Jackpot System, further enhancing the play-to-earn aspect and keeping the gameplay exciting and incentivized.

Meteorn Run, powered by GMTO, is entering a rapidly expanding market where the fusion of gaming, NFTs, and blockchain technology is attracting significant attention. With its user-friendly model emphasizing accessibility and fun, combined with the financial incentives of a play-to-earn structure, GMTO is well-positioned to capture the interest of both gaming enthusiasts and cryptocurrency investors. The roadmap for Meteorn Run indicates a commitment to continuous growth and innovation, suggesting a promising future for Game Meteor Coin in the evolving landscape of digital gaming and finance.

About GMTO Token

The GMTO token is an exclusive in-game currency for the Meteorn Run gaming platform, operating on the Polygon blockchain. It plays a crucial role in enhancing the game's play-to-earn ecosystem, primarily used for various in-game activities such as repairing NFT-based equipment like shoes, purchasing auxiliary items, and facilitating NFT level-ups and minting. GMTO's utility extends beyond mere transactions, as it is deeply integrated into the game's economy, offering players opportunities to maximize their in-game earnings and experience. This integration of GMTO into Meteorn Run's core gameplay mechanics underscores its importance in the game's strategic and economic aspects, making it a vital element for players looking to optimize their gaming and earning potential.

Based on POLY, GMTO has a total supply of 100 billion (i.e. 100,000,000,000).

The GMTO token distribution includes 5.5% for Presale, 2.5% for Liquidity, 1% for Launchpad, 50% for Staking, 5% for Marketing, 9% for Game Incentive, 10% for the Foundation, 15% for the Team, and 2% for Advisors. The POLY-based token is poised for its debut on LBank Exchange at 20:00 UTC on December 21, 2023. Investors who are interested in GMTO can easily buy and sell on LBank Exchange now.

Learn More about GMTO Token:

Official Website: https://meteornrun.io/
Contract: https://polygonscan.com/token/0x25578065bdD4EBd68E7fFeeDFc4e6614f3f0057F
Twitter: https://twitter.com/meteorn_run
Telegram: https://t.me/meteornrunofficial

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

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Press contact:

press@lbank.com

Business Contact:

LBK Blockchain Co. Limited
LBank Exchange
marketing@lbank.com
business@lbank.com

LBank Exchange Amplifies Gaming and Blockchain Integration with Game Meteor Coin (GMTO) on December 21, 2023 (2)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/195265

LBank Exchange Amplifies Gaming and Blockchain Integration with Game Meteor Coin (GMTO) on December 21, 2023 (3)

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LBank Exchange Amplifies Gaming and Blockchain Integration with Game Meteor Coin (GMTO) on December 21, 2023 (2024)

FAQs

Which crypto exchange got hacked? ›

What Crypto Exchange Has Been Hacked? Many cryptocurrency exchanges have been hacked. FTX, Mt. Gox, and Binance are some of the more well-known hacked exchanges.

Is LBank a decentralized exchange? ›

LBank is a centralized cryptocurrency exchange established in 2015, providing services such as spot trading, futures trading, staking, and ETF trading.

Which crypto has never been hacked? ›

Bitcoin is a relatively new technology, but in its twelve years of existence, Bitcoin has proven itself to be the most secure digital system in the world and the most reliable monetary system ever invented. Bitcoin's blockchain has never been hacked, and zero counterfeit currency has ever been uttered on the network.

Can you recover hacked crypto? ›

Once the stolen funds are traced to specific addresses or entities, recovery efforts can commence. This may involve working with law enforcement agencies, regulatory bodies, and cryptocurrency exchanges to freeze accounts, seize assets, or negotiate returns.

Is LBank legal in USA? ›

Yes and no. Yes, in the sense that you can sign up to LBank in the US and make a few trades, but no in the sense that you cannot fully get verified if you are a US citizen. If you want to experience a full exchange as an American, some great options are Coinbase, KuCoin, and Binance US, as all three are US-available.

Is LBank a trusted exchange? ›

LBank security rating Is CCC with 52% security score. Overall, the exchange is partly certified without approved penetration test, with ongoing bug bounty, and without proof of reserves audit.

Can you cash out on LBank? ›

Open your On-chain wallet, select the network, and copy the wallet address. Open the withdrawal page on LBank, fill in the wallet's network, address, and currency information, and click on 「Withdraw」 to submit the withdrawal request. Wait for block confirmation and check if the wallet has credited the assets.

Which crypto exchange is in trouble? ›

March 26 (Reuters) - Federal prosecutors in Manhattan on Tuesday charged KuCoin, one of the world's largest cryptocurrency exchanges, with violating U.S. anti-money laundering laws by failing to vet customers, allowing billions of dollars in illicit funds to be transferred since its founding in 2017.

Is Coinbase being hacked? ›

More than 6,000 Coinbase users had funds stolen from their accounts after hackers used a vulnerability in Coinbase's SMS-based two-factor authentication system to breach accounts.

Has Binance been hacked? ›

The world's biggest cryptocurrency exchange confirmed that assets were stolen from the Binance Smart Chain network, the latest in a series of attacks on so-called cross-chain bridges.

Which crypto wallet has never been hacked? ›

3. Zengo Wallet – Secure and Anonymous Crypto Wallet Using MPC Cryptography. Zengo Wallet is a highly secure crypto wallet with nearly 1 million users around the world. The wallet's developers claim that it has never been hacked, a lofty claim for any crypto wallet.

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