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Blockchain-based project MOOKY (MOOK) has recently raised over half million dollars. Stage 6 of the pre-sale is live and almost 1.5 Billion tokens are left for purchasing. As of now, a user can bag 0.2 Million MOOK tokens against 1 Tether (USDT). But why would one need to get involved in this project? Let us have a quick look.
The Damage is Real
With more than 24 Million km² already damaged, the ozone layer is suffering while making survival difficult for humanity. Climate change is hindering normal life in several nations considering different regions experiencing extreme climate. Deforestation is a major booster to this as vanished forests lowers the oxygen level to offset the ozone damage. The layer is the result of single oxygen atoms split by sunlight.
MOOKY is among initiatives trying to reduce the damage we have delivered to the ozone. The project is focused on community while bringing people sharing the same goal together. It is of utter importance that users hold MOOK tokens or NFTs to get exclusive perks in future. Moreover, the token holders can partake in the DAO governance and other activities.
95% of the supply was provided during the launch, making it a community-owned token. As the project is finally focused on the environment, there is no tax implemented on the network, rendering it carbon free. Additionally, NFT holders will gain entry to the Mooky Ventures Club controlled by a decentralized application (dApp).
There are a total of 500 Billion MOOK tokens where 70% are set aside for pre-sale, while 20% are used for exchange listings. Rest are dispersed among staking activities, reserves and more. Apart from tokens, there will be 1,000 MOOKY NFTs ranging from tiers including common to legendary.
How Secure is MOOKY?
As of now there are limited details regarding Mooky Ventures Club yet, but the project will potentially bring more to the table in future. According to their roadmap, the MOOKY community will plant over 10,000 trees across the globe to make a difference. Though the number is not that large, at least it is a start. Not many are inclined towards contributing towards the environment.
In terms of security, the token holds a 100% audit score. Cryptocurrency market is swarming with malevolent forces trying to invade a network using its vulnerability. According to a CertiK report, hackers wiped almost $3.7 Billion from web3 protocols during 2022.
With their green vision MOOKY also set an example that blockchain can be utilized to aid the environment. While the initiative is small, it does have the potential to grow at mass. In that case, the initiative may become a global movement to save mother nature and Mooky the Monkey will be the official mascot.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
