MNet PriceNUUM

What is MNet (NUUM)?

MNet, also known as Metaverse.Network and formerly Bit.Country, is a scalable blockchain platform developed by the BitCountry team. It is designed to make blockchain technology easy and interesting for a wider audience while fostering a vibrant social framework and ecosystem. The project positions itself as a beacon for developers, offering robust support for both WASM and Ethereum-compatible smart contracts, which enables the seamless creation of diverse decentralized applications. NUUM is the native token of the network, with a maximum supply of 1,000,000,000 tokens. The project launched in 2024, though its start date traces back to May 2021, and it has undergone a contract migration from an old contract to a new one. MNet integrates multiple core components, including the Bit.Country super app, Bit Avatar, SP Protocol, and the ESE Framework SDK, creating a multifaceted ecosystem that blends metaverse-like digital environments with blockchain infrastructure.

Key Specifications & Tokenomics

• Name: MNet (Metaverse.Network, formerly Bit.Country)
• Symbol: NUUM
• Launch Date: 2024-03-08
• Project Start / Listing Date: 2021-05-27
• Blockchain / Ecosystem: Solana, Base
• Solana Contract: nuumnQ637GtKPis16AeU3PhNru74S7tK9GdjYVATbxL (Explorer: solscan.io)
• Base Contract: 0x41485FA1FF3C677d1f09Fc8b9576560E4A4C223c (Explorer: basescan.org)
• Security: CertiK rating 3.6 (out of 5, as displayed on CoinMarketCap)
• Max Supply: 1,000,000,000 NUUM
• Total Supply: 132,418,391 NUUM
• Self-Reported Circulating Supply: 132,432,108 NUUM
• Token Utility: Transaction fees, governance, universal currency
• Official Website: https://mnet.io
• Whitepaper: https://metaversenw.gitbook.io/metaversenetwork/

The token allocation includes categories such as Hackathon Program, Future Investors, Foundation, Marketing, Future Employee Incentives, Seed Round, and Founding Team, with various vesting schedules and unlock periods. The project raised a total of $40.04 million across five completed rounds, including an IEO, Token Launch, IDO on Tokensoft, Seed Round, and Private Round.

Who created MNet (NUUM)?

MNet is developed by the BitCountry team, and the project was formerly known as Bit.Country. The founding team holds an allocation of 200,000,000 NUUM. The project has attracted backing from a wide range of investors. The Seed Round included participation from CMS Holdings, Hypersphere Ventures, Moonrock Capital, OKX Ventures, Animoca Brands, AU21 Capital, LongHash Ventures, NGC Ventures, Shima Capital, SkyVision Capital, and many others. The project also received support from Republic, Digital Finance Group, LD Capital, and Moonwhale Ventures, among others. The project is tagged in data providers as part of the Animoca Brands, SkyVision Capital and OKX Ventures portfolios.

How does MNet (NUUM) work?

MNet operates as a scalable blockchain platform that integrates both EVM and WASM smart contracts, providing a versatile foundation for blockchain development. The core blockchain technology facilitates the seamless creation and interaction with decentralized applications. The network is built around several key components. Bit.Country is a super app that offers a metaverse-like digital environment where members can engage in a unique land economy, explore 2.5D/3D spaces, participate in events, and connect via messaging. It includes a marketplace, NFT trading, interactive meetings, and a dynamic timeline feed. Bit Avatar introduces soulbound digital personas tailored for social interaction, communication, and earning opportunities within Web3. The SP Protocol is designed to join forces with a community to earn native rewards, facilitating collaborative earning and community engagement. The ESE Framework SDK serves as a gateway for developers seeking to create rich and multichain applications, packed with prebuilt modules including spatial design and meeting functionalities. NUUM serves as the native coin for paying transaction fees, a governance token, and the universal currency across these core components.

What makes MNet (NUUM) unique and valuable?

MNet distinguishes itself through its multifaceted approach to integrating metaverse-like digital environments with robust blockchain infrastructure. The platform's support for both WASM and Ethereum-compatible smart contracts offers developers flexibility and versatility, enabling the creation of a wide range of decentralized applications. The Bit.Country super app provides a unique land economy and extensive 2.5D/3D spaces, creating an immersive social ecosystem that goes beyond typical blockchain applications. The concept of Bit Avatar as soulbound digital personas adds a novel layer of social interaction and earning potential within Web3. The SP Protocol encourages collaborative earning and community engagement, aligning incentives between the platform and its users. The ESE Framework SDK streamlines app development with prebuilt modules, lowering the barrier to entry for developers. Additionally, the project's backing from prominent investors such as Animoca Brands, OKX Ventures, and SkyVision Capital lends credibility and strategic support. The combination of these elements positions MNet as a comprehensive ecosystem that bridges social infrastructure, metaverse experiences, and decentralized application development.

What is MNet (NUUM) used for?

NUUM serves multiple essential functions within the MNet ecosystem. Primarily, it is the native coin used for paying transaction fees on the blockchain network, ensuring the smooth operation of all on-chain activities. As a governance token, NUUM grants holders the ability to participate in decision-making processes that shape the future of the platform. Furthermore, NUUM acts as the universal currency across the core components of Metaverse.Network, including Bit.Country, Bit Avatar, and the SP Protocol. This means users can utilize NUUM for various transactions, such as purchasing land, trading NFTs, participating in events, and accessing services within the metaverse-like environment. The token's utility is deeply integrated into the platform's economy, facilitating value exchange and incentivizing participation across the ecosystem.

How Is the MNet (NUUM) ecosystem developing?

The MNet ecosystem is developing through a combination of technological infrastructure, community engagement, and strategic partnerships. The platform has successfully launched its core blockchain and integrated EVM and WASM smart contract support, laying the foundation for decentralized application development. The Bit.Country super app provides a functional metaverse environment with land economy, NFT trading, and social features. The introduction of Bit Avatar and the SP Protocol expands the ecosystem's social and earning dimensions. The ESE Framework SDK empowers developers to build multichain applications with prebuilt modules. The project has completed multiple funding rounds, raising $40.04 million, and has attracted investment from numerous venture capital firms and strategic partners. The token migration from an old contract to a new one reflects ongoing technical development and adaptation. The migration from the old contract (continuum.subscan.io) to the new Solana contract is documented in the project's official announcement (x.com/MNet_io/status/1896797044200878319). The token is reported as trading on 7 active markets; it was sold via an IDO on Tokensoft. As with all crypto assets, the token price is subject to market volatility.

How to mine MNet (NUUM)?

NUUM is not mined via proof-of-work. It is the native token of an EVM- and WASM-compatible network; holders can stake or join community programs such as the SP Protocol to earn native rewards. Exact staking parameters are published in the official documentation at metaversenw.gitbook.io/metaversenetwork.

How to keep your MNet (NUUM) Coin safe?

NUUM exists on Solana (contract nuumnQ637GtKPis16AeU3PhNru74S7tK9GdjYVATbxL) and Base (0x41485FA1FF3C677d1f09Fc8b9576560E4A4C223c). Use a wallet that supports the chain you transact on, verify the contract address before any transfer — especially after the contract migration — and keep seed phrases offline.