| General information | |
|---|---|
| Global rank: | 3464 |
| Name: |
Magic Crystal |
| Symbol: | MC |
| Current coin price (PHP): | 12.78 ₱ |
| Last hour: | arrow_upward0.030 % |
| Last 24 hours: | arrow_upward6.31 % |
| Last 7 days: | -4.57 %trending_down |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 9 300 851.74 ₱ |
| Available supply: | 0.000000 MC |
| Total coin supply: | -1 MC |
| Start date: | 2021-10-22 |
Magic Crystal/Philippine Peso (MC/PHP) price chart
Magic Crystal/Philippine Peso (MC/PHP) capitalisation and volume charts
Merit Circle, now rebranded as Beam, started as a DAO aimed at developing the play-to-earn economy within the gaming sector. It operates on an open-source blockchain that specializes in gaming, providing a simplified and enhanced gaming environment.
The MC token, which is now known as the BEAM token, plays a vital role in the governance and development of the DAO. Token holders are granted voting rights, allowing them to participate in decision-making processes related to the DAO's future. The token also serves as a form of payment (gas) for processing and executing transactions on the Beam blockchains and networks. Additionally, the MC token is used for staking within the Beam blockchain networks, enabling participation in staking activities with certain privileges, such as additional voting weight.