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MimboGameGroup (MGG) is a blockchain-based gaming ecosystem developed and operated by CRYPTO FELLAS CORP., a corporation incorporated under the laws of the Republic of Panama. The ecosystem combines node-based token generation, blockchain gaming, and digital and real-world utility through its interconnected services. [1]
MimboGameGroup is an ecosystem built around Mimbo Node, MGG Arena, FellasCard, and the native $MGG token.
The ecosystem is designed to connect user participation, blockchain gaming, and token utility through a unified platform. Users can participate through node operation, gaming activities, and various ecosystem services.
The core components of MimboGameGroup include:
Mimbo Node is the infrastructure component of MimboGameGroup.
It provides users with a mechanism to participate in $MGG generation through node operation and connects node participation with the broader ecosystem.
MGG Arena is a browser-based PvP gaming platform developed as the gaming layer of MimboGameGroup.
The platform provides casual multiplayer games that can be played directly through web browsers on PC and mobile devices. Its games are designed around simple controls, short play sessions, and competitive multiplayer experiences.
MGG Arena also provides utility for $MGG through designated platform activities and the Play-to-Burn mechanism.
FellasCard is a utility component of the MimboGameGroup ecosystem designed to connect digital assets and blockchain-based services with real-world use cases.
It extends the ecosystem beyond node participation and gaming.
$MGG is the native utility token of the MimboGameGroup ecosystem. It was built on Binance Smart Chain (BSC) and serves as the primary utility token within the ecosystem. [3]
The maximum supply of $MGG is 114,600,000,000 tokens.
The token is designed around a node-based generation model rather than a separate pre-allocated team token pool.
$MGG is utilized across the ecosystem, including:
$MGG also plays a role in the Play-to-Burn mechanism implemented within the MimboGameGroup ecosystem. [2]
The Play-to-Burn mechanism is a core component of the MGG tokenomics model, designed to reduce the circulating supply of $MGG through ecosystem activity.
A portion of the fees generated through MGG Arena and FellasCard is used to purchase or convert into $MGG and subsequently burn the tokens permanently, removing them from circulation.
Through this structure, user activity across both gaming and real-world utility contributes to the reduction of the circulating $MGG supply.
The Play-to-Burn model connects ecosystem usage with token supply reduction, with MGG Arena and FellasCard serving as key components of the MGG tokenomics model. [2]
MimboGameGroup is designed around a node-based token distribution model.
$MGG is generated through node participation rather than a separate pre-allocated team token pool. This structure is intended to connect token generation with participation in the MimboGameGroup ecosystem. [3]