Manga [OLD]Price

($MANGA)

Manga Token, identified by the symbol MANGA and currently designated as OLD, was a cryptocurrency project developed to bridge the manga industry with blockchain technology. The primary mission of the project was to create a decentralized ecosystem that supported manga artists and creators while providing fans with unique ways to engage with their favorite works. The project aimed to solve common issues in the manga industry, such as fair compensation for artists and the distribution of authentic merchandise. It planned to achieve this through the creation of Manga NFTs, which were digital collectibles representing original manga art. These assets were designed to be traded and owned as a form of verified digital merchandise, allowing creators to receive financial support directly from their audience. Central to the project was a platform called Trophee. This platform was intended to host a dedicated NFT marketplace where collectors could discover, buy, and auction manga related digital assets. Beyond a simple marketplace, the project outlined plans for advanced features like an AI driven valuation index for digital art and a system that allowed collectors to use their digital assets as collateral. The token served several roles within this ecosystem. It was intended to be used for payment transactions on the Trophee platform, as well as for staking. Staking the token allowed users to participate in governance, such as voting for their favorite manga titles on a community leaderboard. Additionally, the project designed a reward system to incentivize various participants in the manga community, including artists and groups involved in translating and sharing content online. The project was led by founders with backgrounds in software and gaming, specifically Elvin Li and Young Shin. It also sought to establish partnerships with various media and technology companies to expand its reach. The designation of the token as OLD indicates that the project has undergone a significant transition. Specifically, Manga Token rebranded to Hono Protocol and migrated to a new contract. This migration involved a token swap where holders of the original token were required to move their holdings to the updated version of the protocol. As a result, the original token contract is no longer the active version used for the current state of the project. Learn more

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