MGC31 Token Whitepaper
MGC31 Token Whitepaper
🔷 Project Overview
Token Name: MGC31
Symbol: MGC31
Blockchain: Binance Smart Chain (BEP-20)
Website: itsmgc31.online
🔷 Introduction
MGC31 is a decentralized, BEP-20-based stable-value token created to provide fast, secure, and low-cost transactions across the Binance Smart Chain. Modeled after USDT, it serves as a reliable and scalable stablecoin for real-world use.
🔷 Vision & Mission
Vision: To make MGC31 the most accessible and community-powered stablecoin on BSC.
Mission:
- Enable fast, low-fee payments
- Offer price stability for daily usage
- Support adoption via wallet & DeFi integrations
🔷 Tokenomics
| Parameter | Details |
|---|---|
| Token Name | MGC31 Token |
| Symbol | MGC31 |
| Total Supply | 31,000,000,000 |
| Decimals | 6 |
| Standard | BEP-20 |
| Contract Address | 0x9be416B028aB27C27AEF4c09832987915e18fc41 |
| Initial Distribution | 100% minted to deployer |
🔷 Use Cases
- Stable peer-to-peer transfers
- Digital merchant payments
- Remittances and exchanges
- Pairing with other cryptocurrencies (DEXs)
🔷 Roadmap
| Phase | Milestone |
|---|---|
| Q2 2025 | Token creation and verification |
| Q2 2025 | Publish whitepaper and submit to Trust Wallet |
| Q3 2025 | List on PancakeSwap, CMC, CoinGecko |
| Q4 2025 | Merchant integrations and audit |
| 2026+ | Bridge to other chains and DAO governance |
🔷 Stability & Backing
MGC31 operates as a utility-based stable token. It does not yet have fiat reserves, but future releases may include asset backing and reserve audits to match USDT-like trust models.
🔷 Smart Contract Transparency
All transactions are transparent and verifiable on BscScan. Users can track activity at:
🔷 Governance
MGC31 is currently managed by its creator. A decentralized voting system (DAO) is under research for future upgrades and decisions regarding reserves, burns, and policy changes.
🔷 Disclaimer
MGC31 is not an investment product or security. It should be used for utility purposes only. Users must comply with local laws before transacting with MGC31.
🔷 Contact
Website: itsmgc31.online
Email: itsmgc31@gmail.com