Cayman Island, October 10, 2024 –– Gaming-focused Layer-2 Moonveil has shared details of its upcoming node sale and revealed a major investment from Polygon Labs. 50,000 nodes will be made available to the Moonveil community starting from October 22.
Of the investment, $1 million will be used to accelerate the growth of AggLayer-connected projects within Moonveil’s rapidly expanding gaming ecosystem. Moonveil’s newly unveiled Layer-2, built on Polygon CDK, will also integrate with the AggLayer, creating a seamless cross-chain connection that unlocks new levels of innovation in gaming.
“Moonveil’s innovative approach to web3 gaming aligns with Polygon Labs’ vision for the future of blockchain,” said Polygon Labs CEO Marc Boiron. “By supporting Moonveil nodes, we are reinforcing our commitment to advancing the next era of gaming through zk-powered technology and seamless interoperability, enabling true ownership and more empowering, interconnected experiences for players.”
“This investment is a testament to the potential of what we are building, reflecting where web3 gaming has come from and where it’s now headed,” said Moonveil CEO MJ. “With this fantastic support from Polygon Labs, we can turbocharge our mission to create a gaming world in which players and developers are able to thrive. I believe the growth of our builder grants program will help catalyze innovation and attract top developers to Moonveil.”
50,000 nodes are available to the public via a two-phase launch featuring a Whitelist Round (October 22) and a Public Round (October 24). Applicants can secure a whitelist spot by engaging in Moonveil campaigns, AMAs, and through partners’ campaigns.
Moonveil Nodes will play a vital role in the platform’s progressive decentralization strategy and will sync with Polygon CDK’s Gitbook updates. Node operators will contribute to decentralizing Data Availability, Proof Verification, and Transaction Sequencing.
Node activation is scheduled for Q1 2025 but 25% of node operators’ tokens will be unlocked after the TGE, leaving 70% to be distributed over three years. The remaining 5% has been provisioned for community rewards which will commence shortly after the TGE.
Moonveil’s L2 will support both proprietary and third-party games, leveraging its ZK-powered network to provide unparalleled player experiences.
Moonveil is a ZK Layer-2 gaming ecosystem developed by a team of industry veterans from the gaming and blockchain sectors. Moonveil’s team, known informally as the “Riot Mafia” for their backgrounds at Riot Games and other top companies like Netease, Funplus, and CARV, brings unparalleled expertise from major titles such as League of Legends, Valorant, Minecraft, and World of Warcraft.
Leveraging a deep understanding of game development, operations, and web3 technology, Moonveil aims to set new industry standards with self-developed, top-tier products on a ZK-powered L2. The mission is to redefine web3 gaming through rapid delivery, community-driven development, and agile iteration, fostering a vibrant ecosystem for game developers and players alike.
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Story Highlights The OMG token price today is . The OMG price could reach a…
Story Highlights The live price of the Tron coin is Tron’s price 2026 target is…
The crypto market is going through a quiet phase, but many analysts believe this is…
Coinbase Chief Legal Officer Paul Grewal has announced that he will step down after six…
The latest Bitwise 10 Crypto Index ETF (BITW) rebalance reflects how institutional investors are positioning…
NIGHT price may still be stuck in a bearish trend, but the Midnight network has…
