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Mello Token

MELLO

Mello Token is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Mello Token is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.

About Mello Token

Mello Token is a redistributive cryptocurrency launched on the Binance Smart Chain (BSC) network that powers Mello platform. Mello is a Virtual Reality Gaming Environment. The project seeks to build a community where individuals can hold, play, and earn rewards in Mello Token.

Mello is a flexible, exchangeable, and gaming platform. The project aims to develop a luxurious and fully-functioning Virtual Reality (VR) gaming environment wherein gamers can play 3D games sitting at home. The project intends to accelerate the integration of VR into daily norms. By doing so, MELLO seeks to interrupt the entertainment and finance industries to provide gamers a thrilling 3D experience of the VR gaming environment. The Mello Casino is one of the first 3D gaming environments released on the BSC blockchain. Thus, the project aims to enhance the experience of virtual Casinos among the users by integrating 2D Mello Casino and the VR Mello Casino.

According to its whitepaper, the Mello Casino is centered around the Mello Token. Mello Token operates as a proprietary cryptocurrency for virtual Casinos developed by the Mello ecosystem. While doing so, a transaction fee is charged by Mello Casino. Three percent of the fee is redistributed among the Mello holders to their crypto wallets holding Mello Token. The MELLO platform also seeks to encourage the use of Mello Token through the reward structure by the Mello Casino while providing various benefits to the Mello-holding players. However, the MELLO platform zero liquidity fee while locking Mello Token for one year.

In the future, the project seeks to launch the Mello NFT collection composed of approximately one thousand NFTs with varying features and attributes.

In Quarter 1 of 2021, the MELLO platform developed the Mello Token contract. A team of fourteen members unified by a passion for transforming and developing the finance and entertainment industry. With the launch, the platform also issued a maximum supply of five hundred million Mello Token, along with an initial burn of 88 million tokens.

On October 8, 2021, the public launch of 2D Mello Casino and VR gaming was accessible to the Mello community.

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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.

Market

Singapore Market Stats

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Singapore Market performance

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+100%

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+100%

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Singapore News about Mello Token

The Block • May 09, 24

Arcium raises $5.5 million in strategic round to develop ‘confidential computing’ network

On-chain confidential computing project Arcium completed a $5.5 million strategic funding round led by Greenfield Capital.

Read more

News Article Image

The Block • May 09, 24

Ripple and XRPL Labs join digital asset recovery protocol DeRec Alliance

DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts.

Read more

News Article Image

Unchained • May 09, 24

Digital Asset Lender Ledn Processed Record $690 Million in Loans in Q1 2024

Ledn, a financial services firm focused on crypto-backed loans, announced Thursday it had facilitated over $690 million loans to its retail and institutional clients in the first quarter of 2024. According to a statement shared with Unchained, the number of loans Ledn facilitated in Q1 2024 was t...

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The Block • May 09, 24

Ledn sees growth in centralized lending, processes $690 million in crypto loans in Q1

Ledn's crypto loan growth was spurred on by demand from former Celsuis clients and the launch of U.S. spot bitcoin ETFs, the firm said.

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News Article Image

CoinDesk • May 09, 24

Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back

Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018.

Read more

News Article Image

Bitcoin Magazine • May 09, 24

EU Regulator Considers Approving Bitcoin for UCITS Products

The EU securities regulator is reviewing whether to allow Bitcoin assets into its €12 trillion mutual fund market, potentially opening the door to major mainstream adoption.

Read more

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Mello Token is on the rise this week.

The price of Mello Token has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Mello Token’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Mello Token?

We update our Mello Token to SGD currency in real-time. Get the live price of Mello Token on Coinbase.

What other assets are similar to Mello Token?

Assets that have a similar market cap to Mello Token include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Mello Token on Coinbase?

Yes, Mello Token is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Mello Token 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.