Here we go: CRX Metaverse Hub 2.0 — Initial Token Sale and Launch on CROWD Launchpad

Metaverse Hub 2.0 is here to usher in a new era of NFT/Metaverse centric DeFi experience on Cronos. The native currency of this expanding hub of metaverse is the $MHUB token. $MHUB will be used for everything you do at the Hub — profits you make, assets and artifacts you purchase/sell, participation tickets you’ll acquire and more.

$MHUB Token Details

• Paired with $CRX.
  The main liquidity will be in MHUB/CRX.
• Incurs a total of 9.5% fee-on-sell.
  The fee will be automatically claimed and swapped to $wCRO upon each sell-transaction.
  — 2.5% will be directed to the team’s control. Up to 2% will be allocated to forming of additional liquidity in MHUB/CRX pair. The rest will be held in treasury for development, marketing, and partnership expenses.
  — 7% will be proportionally distributed among $MHUB holders as a dividend-share mechanism. The distribution of the dividend shares will be automatic (paid in $wCRO), but claiming accumulated dividends will need to be done individually by $MHUB holders.
  The design of the dividend distribution mechanism aims to minimize total gas fees and slippage tolerance required for transactions involving $MHUB.
  Forming of LP tokens also incurs fees; thus, the team will be looking out to keep the liquidity healthy using the above-mentioned allocation of fees. Also, the fee-on-sell acts as a safe guard against probable short-option oriented price manipulations we have been witnessing lately, all over the crypto-currency markets.
  Buying $MHUB tokens incurs no fees.

Tokenomics of $MHUB

Total Supply: 300M $MHUB

Initial Supply: 16.5M $MHUB

Short-Term Supply (1 year): 37.5M $MHUB

Long-Term Supply (up to 10 years): 246M $MHUB

The team will keep a total of 600K $MHUB tokens from the short-term supply for development, marketing and partnership expenses. The rest of the supply will be emitted via the Adventures at the Metaverse Hub, in which you can join with your NFTs and other Metaverse assets.

The Metaverse Hub Token ($MHUB) Sale Details

You will need $CRX to participate in the Sale. You can buy $CRX on CRODEX.

• Launchpad URL: https://swap.crodex.app/#/ido
• Start Time: July 20, 6 pm UTC
• End Time: July 22, 6 pm UTC
• Min. Target Amount (Soft Cap): 7,500 $CRX
• Max. Target Amount (Hard Cap): 15,000 $CRX
• For Sale: 9M $MHUB
• Sale Price: ~0.00166 $CRX per $MHUB (1 $CRX = 600 $MHUB)
• Max Buy: 1000 $CRX per wallet
• Listing Price: 0.002 $CRX per $MHUB
• Vesting Period: 25% of the $MHUB will be unlocked upon completion of the sale. The rest will be unlocked in 3 equal portions as in the following.
  25% on August 15→ 25% on September 15 → 25% on October 15

100% of the collected $CRX will be added as liquidity.
Crodex claims no profit from the sale.

• During Pre-Sale:

Commit $CRX to get $MHUB tokens on CROWD.

• After Pre-Sale:

Claim your $MHUB tokens on CROWD.
$MHUB will be tradable immediately upon completion of the sale.

Stay tuned to our official channels to never miss on the Adventures unraveling at CRX Metaverse Hub!

Official Channels

Website: https://crodex.app
Twitter: https://twitter.com/crodexapp
Telegram: https://t.me/crodexofficial
Discord: https://discord.gg/crodex