Moonveil, a gaming-focused Layer-2 (L2) blockchain platform, has announced an upcoming node sale as well as a $2 million investment from Polygon Labs, as disclosed to Finbold on Thursday, October 10.
Starting October 22, 50,000 nodes will be available for sale to the Moonveil community.
Polygon Labs invests in Moonveil
Of the $2 million invested, Polygon Labs has committed $1 million to fuel the growth of AggLayer integrated projects within the Moonveil ecosystem.
Moonveil’s new L2 network is built on Polygon CDK and integrates with AggLayer to enhance cross-chain capabilities and allow blockchain developers to explore new possibilities in Web3 gaming.
Marc Boiron, CEO of Polygon Labs, discussed the importance of Moonveil nodes in Polygon’s future, saying:
“Moonveil’s innovative approach to Web3 gaming aligns with Polygon Labs’ vision for the future of blockchain. By supporting Moonveil nodes, we are strengthening our commitment to advancing the next era of gaming through ZK-powered technology and seamless interoperability, enabling true ownership and more powerful, interconnected experiences for players.”
Moonveil CEO MJ also emphasized the importance of the investment:
“This investment is a testament to the potential of what we are building and reflects where web3 gaming has come from and where it is going now. With this fantastic support from Polygon Labs, we can supercharge our mission to create a gaming world where players and developers can thrive. I believe the growth of our builder grant program will help catalyze innovation and attract top developers to Moonveil.”
The Moonveil Node Sale
Moonveil nodes will be sold in two phases: a Whitelist round will take place on October 22nd and a public round will go live on October 24th.
Users can earn a spot on the whitelist by participating in various Moonveil events, such as campaigns, Ask Me Anything sessions (AMAs), and partner activities.
The nodes will play a crucial role in the decentralization of platforms and help in data availability, evidence verification and transaction sequencing.
The activation of the nodes is planned for the first quarter of 2025, with 25% of the tokens unlocked after the token generation event (TGE) and 70% vesting over three years.
The remaining 5% is allocated to community rewards after TGE.
The new Layer-2 network supports both first- and third-party games, using zero-knowledge (ZK) technology to provide gamers with unparalleled experiences.
Moonveil has also revealed plans for an L2 testnet powered by Polygon CDK and AggLayer, which will enable faster and more secure Web3 gaming development.