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Monavale can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.
Monavale is only supported on a DEX. Additional fees will apply. Coinbase is not responsible for activity or assets traded on a DEX. Learn more.
MONA is an Ethereum token used for the DIGITALAX platform. It is intrinsically incorporated throughout the protocol's architecture, serving to further incentivize utility and application in the Player-Creator economy. MONA is the gas that ties together a triad of interdependence between Players, Developers and Designers in a world that is merging the digital and real.
Monavale, also known as MONA, is the native ERC-20 token for the DIGITALAX platform. This token serves a dual purpose within the platform, functioning as a utility token and playing a role in the platform's governance. The utility of MONA is deeply intertwined with the operations of the DIGITALAX platform, which is a space where cypherpunks write prompts, design across multiple dimensions by hand, and build a network economy that strives to be decentralized. The platform is a hub for creativity and innovation, where fashion, complex machinery, and NFTs are created and collected.
Monavale operates within the DIGITALAX platform, a space that encourages the creation and collection of NFTs. The platform is designed to be a decentralized network economy, where users can interact with interfaces, machine code, and APIs. MONA, as the platform's native token, plays a crucial role in facilitating these interactions. It serves as a utility token, enabling transactions and activities within the platform. Additionally, MONA is part of the platform's governance, giving token holders a say in the platform's development and direction.
Monavale's use cases are closely tied to the activities within the DIGITALAX platform. As a utility token, MONA can be used to facilitate transactions and activities within the platform. This includes the creation and collection of NFTs, which are seen as conductors for what moves people to action in every reality – virtual, latent, or IRL. Furthermore, MONA's role in the platform's governance means that token holders can use their MONA to influence the platform's development and direction. This could involve decisions about new features, changes to existing ones, or the overall strategy of the platform.
Monavale was introduced as the native ERC-20 token for the DIGITALAX platform. The platform itself is a space where users can create and collect NFTs, operate complex machinery, and engage in a decentralized network economy. The platform's focus on decentralization and user empowerment is reflected in MONA's dual role as a utility token and a governance token. Since its introduction, MONA has been integral to the functioning of the DIGITALAX platform, facilitating transactions and activities, and giving token holders a say in the platform's development and direction.
Monavale (MONA) is the native ERC-20 token of the DIGITALAX platform. MONA plays a crucial role in the platform's governance and serves as a utility token within the ecosystem. Developers use MONA as a reward, acquiring and staking it on their featured games to incentivize and transfer the token to winning players. MONA also acts as a transparent activity ledger that players use to record their game outcomes. When participants achieve specific thresholds of MONA, they can leverage themselves within the ecosystem and start to receive consistent sustainable value. MONA is used to acquire digital fashion items listed on the DIGITALAX marketplace, and winning players in esports battles may receive MONA as a non-monetary reward. The token also allows ecosystem participants to vote on proposals related to treasury policies and protocol development.
Developers utilize MONA in featured games to construct individualized, immersive virtual environments. Developers have the ability to construct their own 3D space, and generate standalone metaverse experiences specifically tailored to a user's needs. Developers may receive non-financial incentives when these spaces are utilized by other users. MONA is compatible with the Polygon blockchain, which strives to provide efficient transaction processing. Developers have the option to showcase NFTs within these spaces in the form of 'Artifacts.' Linking two or more spaces together to form 'Portals' is another feature. This aims to provide a user-focused gaming experience.
Yes, MONA is used as a ledger for game outcomes. It serves as a transparent record of activity for players, documenting their gameplay results. The more positive a player's ledger is (i.e., the more winning plays they have), the more MONA they may receive as non-monetary rewards. This system allows players to potentially gain recognition through play. Holding more MONA can unlock additional content within the platform. This system is designed with the intention of diversifying the player's experience and engagement opportunities. Developers also use MONA as a ledger and receive a portion of MONA from the non-financial incentives of digital fashion item sales from the marketplace. This three-way relationship between players, developers, and designers is a feature of the MONA ecosystem.
Yes, MONA holders have the ability to leverage their tokens within the DIGITALAX ecosystem in a variety of ways. MONA can be staked to receive non-monetary incentives. This staking can be done with Genesis MONA ERC-721 NFTs, NFTs acquired at the DIGITALAX auctions, or MONA LP tokens from the MONA/ETH uniswap pool. MONA can also be used to access the DIGITALAX loyalty and rewards program, which includes auction discounts, exclusive design access, and more. MONA grants voting rights on policy decisions, security policies, and research and development within the DIGITALAX ecosystem. MONA holders can also utilize their tokens to back and mint Synthetic Child NFTs, which can be utilized in other markets. It's important to note that the benefits and incentives may vary depending on the amount of MONA held and the level of participation in the ecosystem's activities.
The platform provides artists with the capability to create digital modular assets such as raw materials, patterns, and textures as composable “child” NFTs. These elements are then compiled into open source libraries that reside on the DIGITALAX platform, accessible to all members of the Global Designer Network (GDN) DAO. Designers have the capability to create master garments such as tees, shoes, dresses (parent NFTs) for the DIGITALAX platform. These child and master garment NFTs are part of a digital distribution channel where assets undergo immediate verification & authentication on-chain, with immutable ownership. Designers have the potential to receive a predetermined non-monetary reward each time a modular asset is used in a master garment or a master garment changes hands. DIGITALAX is developing DASH, a transferable file format architecture that seeks to ensure compatibility across various gaming and 3D environments, while maintaining the digital quality of the asset.
Ethereum plays a pivotal role in the DIGITALAX platform, serving as the foundational blockchain for its operations. DIGITALAX is a Digital Fashion Operating System built on both the Ethereum and Polygon blockchains. It utilizes the ERC-721 non-fungible token (NFT) standard, which is developed on the Ethereum network, to facilitate the exchange of original digital fashion products. Ethereum's smart contract functionality is important to the platform, enabling the creation of unique digital assets and facilitating their immediate verification and authentication on-chain. Moreover, Ethereum's blockchain technology aims to provide transparency, immutability, and a level of safety within the DIGITALAX ecosystem. The platform's native ERC-20 token, Monavale (MONA), is used in the platform's governance and operations and is also based on the Ethereum blockchain.
DIGITALAX has been involved in various partnerships and collaborations that have contributed to its growth and development in the digital fashion space. One such collaboration is with Polygon Network, a platform that strives to offer improvements within the Ethereum ecosystem's scalability. This partnership was designed to issue a hybrid digital and physical fashion line, with DIGITALAX distributing physical pieces and Polygon minting corresponding Non-Fungible Tokens (NFTs). This collaboration seeks to provide insights into the importance of merging the fashion industry and digital technology. Another collaboration is with a well-known web service provider to streamline blockchain gaming infrastructure for developers. DIGITALAX has also partnered with a popular sportswear brand to launch a unique product, a blend of vintage style and modern motivation. These partnerships align with DIGITALAX's focus on exploring new avenues.
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
R$6.6M
R$50,201.45
10.4K MONA
Not enough data
#1640
R$14,758.10
0%
+1.98%
-20.64%
Bitcoin Magazine • May 02, 24
Texas A&M Professor to Launch Bitcoin Research Institute
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Bitcoin Magazine • May 01, 24
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A selection of conversions for different assets and currencies.
TNSR - SAR
Tensor - Saudi Riyal
MNDE - GEL
Marinade - Georgian Lari
ABT - RSD
Arcblock - Serbian Dinar
GAL - THB
Galxe - Thai Baht
XRP - SCR
XRP - Seychellois Rupee
RAI - TOP
Rai Reflex Index - Tongan Paʻanga
ALEPH - LSL
Aleph.im - Lesotho Loti
STORJ - BTN
Storj - Bhutanese Ngultrum
BNT - XCD
Bancor Network Token - East Caribbean Dollar
PERP - KHR
Perpetual Protocol - Cambodian Riel
TIA - GHS
Celestia - Ghanaian Cedi
LPT - VES
Livepeer - Venezuelan Bolívar Soberano
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Of all the assets on Coinbase, these 12 are the closest to Monavale in market cap.
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MONA/CAD (Canadian Dollar)
CA$166.81
MONA/GBP (British Pound)
£96.95
MONA/JPY (Japanese Yen)
¥18,924.91
MONA/INR (Indian Rupee)
₹10,137.99
MONA/BRL (Real)
R$631.25
MONA/EUR (Euro)
€113.38
MONA/NGN (Nigerian Naira)
NGN 166,755.85
MONA/KRW (South Korean Won)
₩167,616.28
MONA/SGD (Singapore Dollar)
S$165.32
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The price of Monavale has decreased by 0.00% in the last hour and increased by 1.98% in the past 24 hours. Monavale’s price has also fallen by 20.64% in the past week. The current price is R$631.25 per MONA with a 24-hour trading volume of R$50.20K. Currently, Monavale is valued at 95.72% below its all time high of R$14,758.10. This all-time high was the highest price paid for Monavale since its launch.
The current circulating supply of Monavale is 10,428.128 MONA which means that Monavale has as total market cap of 10,428.128.
We update our Monavale to BRL currency in real-time. Get the live price of Monavale on Coinbase.
The current market cap of Monavale is R$6.58M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Monavale is R$14,758.10. This all-time high is highest price paid for Monavale since it was launched.
Over the last 24 hours, the trading volume of Monavale is R$50.20K.
Assets that have a similar market cap to Monavale include Neighbourhoods, NerveNetwork, Infinity PAD, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Monavale is 10 thousand.
Monavale ranks 262 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 83% of Coinbase users are buying Monavale. In other words, 83% of Coinbase customers have increased their net position in Monavale over the past 24 hours through trading.
Yes, Monavale is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy Monavale guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.