The 2022Moon coin was launched in Seoul, South Korea, in November 2021. In fifteen days, the token was listed on PancakeSwap and Blockfolio, an exchange with 5,000 tokenholders and 50,000 transactions. The coin reached a market cap of $30 million and made headlines in Korean news. On Dec. 10, 2021, Yahoo News covered a story stating that 2022Moon was the addition to blockchain technology and the growing crypto market that allowed its users to earn money just by holding.
The token began its journey on the Ethereum and Binance Smart Chain (BSC) mainnets. However, it has plans to mint tokens on other chains, including Solana, Cardano, Polygon and more. By the end of 2021, a total of 4% of tokens were burned by community vote, and it was listed on Uniswap and BitMart. The maximum amount of coins that will exist in the lifetime of the cryptocurrency is 2 quadrillion, and 50% of the total supply will be burned.
With 2022Moon’s cross-chain technology between Ethereum and BSC, token conversion is possible. Cross-chain technology is the capacity of two relatively independent blockchains to communicate and exchange data with one another. For example, in the absence of cross-chain technology, users can’t trade Bitcoin (BTC) for Ether (ETH), as both use their respective blockchains. As a result, they must go through intermediary channels such as centralized exchanges.
Similarly, while Ethereum and BSC both independently support Tether (USDT), one cannot send USDT directly from Ethereum to BSC or any other blockchain. Intermediaries also increase transaction fees, time and add more layers of obfuscation to the layer process.
Transferring tokens through unsuitable blockchains can cause consumers to lose money without knowing the functional details of blockchain technology. Cross-chain technology minimizes those hurdles, making decentralized finance (DeFi) more practical and affordable. The interoperability among multiple blockchains allows users to make transactions between different blockchains, expanding the digital ecosystem by supporting cryptocurrency ideals: faster, cheaper, reliable and more secure.
The 2022Moon project has only recently introduced itself to cross-technology and made headway in the cryptocurrency market among other competitors. The exciting fact making 2022Moon different from other cryptocurrencies is that it aims to create a metaverse union using cross-chain technology. The token is striving to become the critical currency for buying, selling and collecting items in the metaverse, GameFi and nonfungible token (NFT) markets — making it a universal currency of metaverses known as MetaUnion that will improve token utilization.
Apart from its branding ambitions, the token incentivizes customers by providing passive income to hold coins using DeFi blockchain technology. For every transaction, 2022Moon collects 2% of tax in a distribution wallet and rewards automatically to tokenholders.
While all cryptocurrency projects seek different missions and milestones, 2022Moon wants to take its community to new heights where dreamers know that everything is possible. It has several milestones planned for the future, including expanding the GameFi world from the moon to space. All 2022Moon community members will be creators in the NFT marketplace, with endless possibilities for investment: donations to research activities and non-profit organizations, economics in sales and ownership, and NFT exhibitions. For more information about 2022Moon, visit the links below.