Web3 stepping stone for financial giants? -- Take you to play with MBG on Gate

Written in advance: With the passage of the stablecoin legislation, RWA (Real World Asset Tokenization) has become the hottest topic at the moment, and digital tokens supported by traditional financial entities have always been highly sought after in the crypto space. As MBG, which embodies these two layers of Buffs, it gives people endless imagination. This investment analysis will deeply analyze its fundamentals and provide a guide for newcomers to participate in Gate activities.


💡MBG fundamentals -- A versatile financial giant RWA tests the waters with tokens
MBG is a digital token launched by the financial giant JPMorgan (MultiBank), based on the high-quality asset of the $3 billion real estate development project by the real estate developer MAG - The Ritz-Carlton Residences in Dubai, achieving a historic breakthrough in the tokenization of traditional financial assets (RWA). The project has the following main advantages:
--1. Backed by the world's top financial derivatives institution, MultiBank Group, it can provide ample secondary market liquidity, compliance risk control, and platform governance experience for the project.
--2. Advanced tokenization technology and DeFi infrastructure provided by Mavryk.
--3. The underlying assets are ultra-luxury properties worth $3 billion, such as the MAG Dubai Ritz-Carlton Apartments developed by UAE developers.
--4. Moreover, MBG may also become the platform token for Mutibank's own cryptocurrency exchange in the future, with significant appreciation potential.

💡MBG Development Goals -- The scale of RWA assets continues to grow, and the establishment of its own cryptocurrency exchange.
MBG is backed by a top global financial group - JPMorgan Chase, aiming to connect traditional finance with the Web3 ecosystem, serving as the first institutional-grade digital asset infrastructure supported by real-world assets (RWA).
After the initial asset tokenization with a $3 billion real estate as the underlying asset in Dubai, the company's next plan is to scale the RWA assets to $10 billion.
In addition, MultiBank has added its own cryptocurrency exchange to its business pillars, allowing investors to hold RWA assets and earn daily returns through its platform. The $MBG token is used for access, staking, and paying platform fees.

💡MBG Token Economic Model - Low Circulation Rate and Deflationary Mechanism are Highlights
As a digital token supported by physical industries, the total supply of MBG is 1 billion tokens, with the distribution ratio as follows:
*Ecological rewards and project development account for 32%
*Private placement round accounts for 23%
*Company reserves account for 20%
*Team and founders account for 10%
*Public sales account for only 1%
Deflationary Mechanism: Da Tong Financial Group has initiated a $440 million buyback and burn plan (first phase of 4 years), aiming to enhance the long-term value of the token by reducing circulation.

Token Functions: 1. Used for access, staking, and paying platform fees within the exchange, where transactions can enjoy a 50% discount on fees.
2. Platform governance voting, participate in decision-making for project launches and other activities by holding MBG.
Comment: For tokens backed by traditional financial institutions, the initial public sale ratio is extremely low, with most of the chips controlled by the founding team and institutions (53%), which can ensure minimal selling pressure from retail investors in the early stages of listing on exchanges.

💡 Market Analysis -- Short-term pullback or entry opportunity
K-line Analysis: After MBG was listed on Gate, it rose all the way from $0.05 to a peak of $3.5, then pulled back after reaching a high, and after a brief platform adjustment, it began to break down today in the daily market. From the 1-hour chart, it has formed 4 consecutive bearish candles, the Bollinger Bands are continuously opening downward, with the lower band around $1.33, and the market is in a weak position, likely to continue adjusting in the short term, with support around 1.22. (See Figure 4)


In addition, the initial public sale ratio of the tokens is very low, with most of the chips held by the founding team and institutions. Based on past experience, there is a possibility that the team and institutions may temporarily inflate the price significantly with a small circulating supply before offloading their holdings.
Summary: There may be a pullback in the short term, but there's no need to be overly pessimistic. If it pulls back to around 1.22u, it could be a good opportunity to buy with a larger position.

💡CandyDrop*MBG Event Newbie Guide
The Gate platform is the first to launch MBG, which can be described as a strong alliance between traditional finance and web3 finance. The platform has also launched the MBG launchpool and CandyDrop series of activities, with details as follows:
Gate Launchpool Issue 287: MBG — Stake ETH and MBG to share 112,500 MBG for free, with rewards distributed every hour! For participation guide, see the announcement: https://www.gate.com/announcements/article/46230
Gate CandyDrop Episode 55: CandyDrop x MBG — Share 187,500 by making your first trade, trading MBG, and inviting friends to register and trade.
MBG! For participation strategies, see the announcement: https://www.gate.com/announcements/article/46248
So, how can you maximize your profits in the event?
The CandyDrop event offers generous rewards, with a total prize pool of 187,500 MBG, divided into three categories of tasks:
--First Spot Trading: Trading volume ≥ 2,000 USDT, share 50,000 MBG (individual limit 50 MBG)
-- Total Trading Rewards: Trade volume reaches 5,000–10,000 USDT, sharing 87,500 MBG (limit 300 MBG)
-- Invite Friends: For each successful invitation of 1 person to trade ≥ 2,000 USDT, share 50,000 MBG (up to 300 MBG). Taking an initial investment of 2100u as an example, completing the above tasks in sequence can yield earnings of 1500U+, details see below in Figure 5, players take it themselves 😎😎

‍ #MBG任务挑战# #MBG#