In an increasingly digital world, Moeda Loyalty Points (MDA) is at the forefront of leveraging blockchain technology to address financial exclusion. Operating on the Ethereum platform, MDA aims to create a decentralized and transparent financial ecosystem that empowers excluded communities. With a total supply of 19,628,888 tokens, Moeda has already made significant strides in its mission by facilitating sustainable development projects and providing financial services to the unbanked. The current market environment is showing a positive trend for MDA, with its value climbing by over 15% in just 24 hours. Join us as we delve deeper into how Moeda Loyalty Points is reshaping financial landscapes and fostering economic growth for underserved populations.
What is Moeda Loyalty Points (MDA)?
Moeda Loyalty Points (MDA) is a cryptocurrency that operates on the Ethereum blockchain. It was launched by Moeda Seeds, a Brazilian company, with the primary goal of promoting financial inclusion. The token is designed to facilitate investments and promote the economic well-being of excluded communities in a sustainable way. By leveraging blockchain technology, Moeda aims to provide a decentralized and transparent financial ecosystem that can be accessed by anyone, regardless of their location or financial status.
Purpose and Utility of MDA
The Moeda Loyalty Points (MDA) crypto token is used on the Moeda platform, which is a blockchain-based solution aimed at promoting financial inclusion. The token's purpose and utility are to facilitate the investment process and promote the economic well-being of excluded communities in a sustainable way. The Moeda platform is designed to address the problem of financial exclusion by providing a decentralized and transparent financial ecosystem that can be accessed by anyone, regardless of their location or financial status. The MDA token is used within this ecosystem to facilitate transactions and enable users to invest in projects that aim to improve the lives of people in excluded communities. The token also provides a loyalty bonus to previous buyers as part of a realignment of the token peg, further incentivizing its use and promoting the platform's goals.
Unique Features and Benefits
Moeda Loyalty Points (MDA) offers several unique features and benefits that set it apart from other tokens:
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Financial Inclusion: MDA aims to provide access to financial services for unbanked and underbanked populations, allowing them to engage in economic activities and improve their livelihoods. This emphasis on accessibility sets it apart from competitors who may not prioritize this aspect of their platform.
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Transparency: The blockchain technology underlying MDA ensures that all transactions are recorded and cannot be tampered with, building trust among users and enabling them to verify the authenticity of activities within the ecosystem.
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Community Empowerment: Through its platform, MDA enables individuals to support and invest in impactful projects that align with their values, giving users a sense of ownership and involvement in the decision-making process.
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Sustainable Development: The Moeda platform has funded 18 projects by local entrepreneurs and cooperatives in rural areas within Brazil, demonstrating its commitment to fostering sustainable development growth.
Tokenomics and Distribution Model
The Moeda Loyalty Points (MDA) crypto token operates on the Ethereum platform and has a total supply of 19,628,888 tokens. The circulating supply of MDA tokens is currently 0, and there is no information available about the number of tokens in circulation or any maximum supply cap. The tokenomics and distribution model of MDA are not specified in the provided sources.
Token Distribution
The Moeda Loyalty Points token distribution model is as follows:
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Team: The Moeda development team is composed of 30 professionals dedicated to the cause of financial inclusion and UN sustainable development goals. The team includes the CEO and co-founder, Taynaah Reis, and other co-founders such as Brad Chun and Isa Yu.
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Investors: Moeda's initial coin offering (ICO) was carried out in August 2017 and raised more than $20 million in both BTC and ETH. 20 million MDA tokens were issued in total, of which 19,628,888 are in circulation.
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Community: MDA tokens are listed on five cryptocurrency exchanges, including Binance, Gate.io, LBank, OKEx, and CoinBene, allowing the community to trade MDA tokens for BTC, ETH, USDT, and Brazilian Real fiat currency.
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Other Stakeholders: Moeda has developed a logic model to measure seed projects' financial and extra-financial returns, called The Impact Formula. Its key performance indicators are wisdom, cooperation, trust, and environment. Every initiative applying for funding and support from Moeda must undergo a thorough screening and risk assessment processes.
Inflation Control Mechanisms
The tokenomics and distribution model of Moeda Loyalty Points (MDA) are not fully detailed in the provided sources. The token is designed for underbanked communities and operates on the Ethereum platform. However, specifics on inflation control mechanisms like token burning or staking rewards are not provided.
The Team Behind Moeda Loyalty Points
The Moeda Loyalty Points (MDA) crypto token is backed by a dedicated team of 30 professionals, entirely committed to the cause of financial inclusion and UN sustainable development goals. The company's CEO and co-founder is Taynaah Reis, who has extensive experience in the financial sector, particularly in the area of microfinance.
Core Team Members
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Taynaah Reis: CEO and co-founder of Moeda Seeds. She has extensive experience in the financial sector and a strong commitment to social impact.
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Brad Chun: Co-founder, investor, and entrepreneur with a strong background in finance and technology. He has been involved in the blockchain space since 2014.
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Isa Yu: Director of Cryptomarket and Investor Relations, and a technology consultant in the blockchain space since 2014. Her expertise in cryptomarkets and investor relations is invaluable to the Moeda project.
Notable Advisors, Partners, and Investors
Moeda has notable partnerships, including Bitcoin Suisse AG, which facilitated Moeda's initial coin offering (ICO) in 2017. The ICO was an instant success, raising more than $20 million in both BTC and ETH.
Moeda has also established a strong relationship with the Consortium of Banks in Brazil, which includes Cresol Cooperative Bank, Ascoob Bank, Polocred Bank, and others. This relationship enables Moeda to fully operate in Brazil and ensures that the MDABRL fiat pegged token meets all regulatory requirements.
The project has been listed on several cryptocurrency exchanges, including Binance, Gate.io, LBank, OKEx, and CoinBene, allowing users to trade MDA for various cryptocurrencies.
Market Performance and Future Prospects
The current market environment is showing a positive trend for MDA, with its value climbing by over 15% in just 24 hours. The last known price of Moeda Loyalty Points is $0.06051532 USD, and it is currently trading on 6 active markets with $115,496.25 traded over the last 24 hours.
Market Data
- Current Price: $0.0608
- Market Cap: $0.00
- 24h Price Change: 16.65%
