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Gaming L2 Moonveil shares details of upcoming  Node Sale

In this post :

  • Gaming-focused Layer 2 Moonveil announced node sale details with an investment from Polygon Labs.
  • Moonveil’s newly launched Layer 2 testnet runs on zero-knowledge powered polygon CDK. 
  • According to Polygon Labs CEO, Moonveils approach to Web 3 mirrors Polygon’s vision in blockchain technology.

Moonveil revealed details of its upcoming node sale on October 10, including a $2M investment from Polygon Labs. Moonveil announced that it would make 50,000 nodes available to the Moonveil community from October 22.

Moonveil, an innovative Web3 game studio, announced that Polygon Labs will invest $2M in its upcoming node sale. The studio also revealed how the investment fund would be used in the Moonveil expanding gaming ecosystem.

Moonveil unveils node sale details with an investment from Polygon Labs 

Moonveil revealed that from the $2 million investment by Polygon Labs, $1 million will be used to boost AggLayer-connected projects. The gaming studio had previously announced that 50,000 nodes would be available to the community later this month. 

Moonveil stated that the launch would be in two phases in its announcement on October 9. The first phase, the Whitelist Round, will take place on October 22, while the second phase, the public round, will occur on October 24. 

The studio stated that applicants can secure a place on the whitelist round by participating in the Moonveil AMAs, campaigns or through partner campaigns. According to the company, the Moonveil Muse nodes will be critical to its decentralization strategy. 

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The nodes would also help synchronize with Polygon’s CDK Gibook updates. Moonveil highlighted that the nodes would be instrumental in transaction sequencing, proof verification, and decentralization of data availability.

Moonveil approach in Web 3 mirrors Polygon Labs’ vision 

Marc Boiron, Polygon Labs CEO, commented that Moonveil’s approach coincides with Polygon Lab’s vision of blockchain technology.

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.”

-Marc Boiron 

M.j. Wang, Moonveil’s Co-founder and CEO, also supported Boiron’s sentiments. He highlighted the investment as proof of the potential of what they were trying to create. M.J. also stated the investment reflected the history of gaming and its future. 

He added that with Polygon Labs’ investment, Moonveil could amplify its mission to build a gaming world where developers and gamers could flourish.  The Co-founder also expressed his optimism, highlighting that the builder grants program would boost innovation amongst developers in Moonveil. 

The node activation is reportedly scheduled for the first quarter of 2025; however, the company revealed that 25% of the node operators’ tokens would be unlocked after the Token Generation Event.

The gaming studio also stated that 70% of the tokens would be released in three years, whereas the remaining 5% had been allocated for community rewards that would start after the TGE. Moonveil’s Layer 2 will support third-party and proprietary games utilizing its Zk-powered network to improve gamers’ experience.  

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