Monsta Infinite PriceMONI

What is Monsta Infinite (MONI)?

Monsta Infinite (MONI) is a play-to-earn blockchain game built on the BNB Smart Chain (BSC) that blends turn-based card battles with match-three puzzle mechanics. It is a multiplayer online role-playing card game (MMORPG) where players assemble teams of three Monsta NFTs and compete against computer-controlled enemies or other players. The project began as an Axie Infinity-inspired game, initially designed as a lower entry cost fork, but eventually evolved to uniquely address a number of issues associated with NFT games. MONI is the primary governance token of the Monsta Infinite universe, while STT (Stamen Tellus Token) serves as the in-game utility currency. The token has a fixed maximum supply of 270,000,000 MONI, designed to resist hyperinflation and capture long-term ecosystem value. Monsta Infinite is currently developing a complete and self-sustaining financial blockchain platform optimized for blockchain gaming, which will subsequently lead to the Openworld gameplay, also known as the Infinite Verse.

Key Specifications & Tokenomics

• Name: Monsta Infinite
• Ticker / Symbol: MONI
• Blockchain / Platform: BNB Smart Chain (BSC)
• Token Standard: BEP-20
• Token Contract Address: 0x9573c88aE3e37508f87649f87c4dd5373C9F31e0
• Decimals: 18
• Category: Gaming, Collectibles & NFTs, DeFi
• Total Supply: 270,000,000 MONI
• Max Supply: 270,000,000 MONI
• Circulating Supply: 220.57M MONI
• Circulating Supply as % of Total: 81.69%
• Launch Date: 2021-09-07
• Official Website: https://monstainfinite.com/
• Block Explorer: bscscan.com
• CertiK Rating: 3.9

Who created Monsta Infinite?

The team behind Monsta Infinite as of September 2021 consists of 11 professionals based in Malaysia and Singapore, experienced in implementation of decentralized solutions, software development and gaming. Monsta Infinite specialists aim to popularize blockchain technology through gamification. Jin Tan served as CEO of the company, originally from Singapore, an entrepreneur and experienced software engineer holding a bachelor's degree in computer science. Chong Hor Kong served as Chief Technical Officer, a proficient programmer and certified professional. Joshua L. is listed as founder. The company is located in Kuala Lumpur, Malaysia, and was founded in 2021. The media contact company name is Shani Entertainment Limited, based in Singapore.

How does Monsta Infinite work?

Monsta Infinite is built on the BNB Smart Chain (BSC) with the BEP-20 token standard. The game utilizes an ELO matchmaking system to ensure fair Player vs. Player battles. It is built on the ERC1155 NFT standard, primarily because of the multi-token standard, which makes it possible to store a vast array of multi-asset NFT items using only one smart contract, making it highly scalable and potentially helping avoid high transaction fees. The project has developed its own side chain on Axie Infinity rather than working on top of it, giving it a fair set of advantages. The sidechain allows users to bridge their Binance accounts on the Monsta chain to transfer $MONI. Having its own sidechain makes it compatible with several other popular blockchains such as Solana and Polygon. The combat system combines turn-based card mechanics with a match-three puzzle system. During a battle, players use cards to command their Monstas to attack, defend, or cast skills, with effectiveness influenced by the match-three puzzle board. Players must first acquire a team of exactly three Monsta NFTs to participate.

What makes Monsta Infinite unique and valuable?

Monsta Infinite is described as the first GameFi project that incorporates the best of gaming, finance, NFTs, and crypto technology in cutting-edge blockchain technology for everyone to leverage. Unlike typical auto-battlers, Monsta Infinite requires active strategy through its combination of turn-based card battles and match-three puzzles. The project was designed to improve upon the economic models of early GameFi pioneers by offering a more sustainable, competitive, and highly strategic gaming experience. The value of $MONI is derived from the gameplay and unique NFT cards that are limited, unique and rare. These rare in-game cards have the potential to become the next age collectables as the game progresses. With a fixed maximum supply of 270 million tokens, the MONI token is designed to resist hyperinflation and capture long-term ecosystem value. The project also supports an open-world feature, allowing gamers to develop a social network and participate in live events.

What is Monsta Infinite used for?

MONI is the primary governance token of the Monsta Infinite universe, built on the BNB Smart Chain. It acts similarly to shares in a company. MONI holders can participate in decentralized governance and stake their tokens for passive rewards. MONI is awarded to high-ranking players at the end of each season in player-versus-player mode. $MONI acts as the governance token only. The ecosystem operates on a dual-token model consisting of MONI and STT (Stamen Tellus Token). STT is the in-game utility currency, generally used for purchasing in-game assets. STT is acquired through participating in battles, collecting dividends from land ownership, and breeding and selling the game characters — MONSTAs. STT plays a central role in all in-game transactions in the gameplay.

How Is the Monsta Infinite ecosystem developing?

The Monsta Infinite ecosystem includes the core MMORPG card game, Monsta Infinite: Tapwar, an app on Google Play, the Monsta Wallet developed by the project for users to safely transfer their funds, a marketplace, the planned Openworld gameplay known as the Infinite Verse, the Monsta chain sidechain, and NFTs. The launch of its marketplace would make it a complete ecosystem with huge potential in the growth of the native token $MONI. The project has developed its own sidechain on Axie Infinity, allowing bridging of Binance accounts to transfer $MONI, and compatibility with Solana and Polygon. The developers have plans to make Monsta Infinite a truly decentralized community in the near future, led by token holders, with the network governed democratically. The official website mentions news, exclusive information, in-game events, giveaways, contests, sneak peeks, and latest updates.

How to mine Monsta Infinite?

MONI is not mined through traditional proof-of-work mechanisms. Instead, participants can acquire MONI through gameplay and staking. MONI is awarded to high-ranking players at the end of each season in player-versus-player mode. Holders can stake their tokens for passive rewards and to earn passive income. STT, the in-game utility currency, is acquired through participating in battles, collecting dividends from land ownership, and breeding and selling the game characters — MONSTAs. Players must first acquire a team of exactly three Monsta NFTs to participate in the game and begin earning rewards. The PvE mode is essential for grinding, leveling up Monstas, and earning in-game resources like the Stamen Tellus Token (STT). The PvP Arena allows players to battle against other players' Monsta teams, with winning yielding higher rewards and helping climb the seasonal leaderboards.

How to keep your Monsta Infinite Coin safe?

To keep your MONI tokens safe, use the Monsta Wallet developed by the project for users to safely transfer their funds. Always verify the official token contract address before making any transactions. Store your tokens in a secure wallet and never share your private keys or seed phrases with anyone. Be cautious of potential scams, as warned in community videos. Since MONI is built on the BNB Smart Chain, you can use compatible wallets and check transactions on bscscan.com. When participating in staking or governance, ensure you are interacting with official platforms. Keep your software and wallet applications up to date, and consider using hardware wallets for long-term storage of significant holdings. Always double-check URLs and official social media channels before connecting your wallet or approving transactions.