Cosmos developer All in Bits (AiB) is causing a stir in the blockchain realm by unveiling GovGen, a novel network focused on governance, ahead of the contentious AtomOne fork of the Cosmos Hub.
Simultaneously, the Meme Moguls presale is gaining traction, witnessing a surge in the price of the MGLS token during its presale stages, with excitement building as the presale approaches its conclusion.
AiB’s GovGen Blockchain for AtomOne Fork
GovGen promises to transform blockchain governance by offering a decentralised decision-making mechanism. Spearheaded by All in Bits, led by Cosmos co-founder Jae Kwon, GovGen is poised to play a pivotal role in shaping the structure and launch of the forthcoming AtomOne fork.
Set to launch on Tuesday at 9 am ET, GovGen aims to provide a forum for the community to vote on all matters related to the design and deployment of AtomOne. This move underscores Kwon’s efforts to exert influence over the Cosmos ecosystem, despite recent disagreements with the broader community.
Cosmos (ATOM) token holders who opposed proposal 848 on the Cosmos Hub, seeking to cap the maximum inflation rate at 10%, will receive GovGen tokens. This proposal, approved despite Kwon’s objections, sparked significant debate within the community regarding its potential impact on network security.
Meme Moguls Presale
In the cryptocurrency domain, the Meme Moguls presale has reached unprecedented heights, indicating growing interest and investor confidence in the project. With the Meme Moguls Governance Token (MGLS) presale price on the rise, participants are eager to secure their stake in this promising venture.
At present, the MGLS presale price stands at $0.0042, with an impressive $2,657,772 already raised. The presale has garnered considerable attention within the crypto community, with enthusiasts keen to capitalise on the potential of meme-based assets and the innovative gameplay offered by Meme Moguls.
With the ambitious goal of creating 100 millionaires within the first three months of launch, Meme Moguls could emerge as a significant player in the swiftly evolving meme coin market.
Conclusion
With the introduction of GovGen and the flourishing Meme Moguls presale, All in Bits and Meme Moguls are making waves in the blockchain and meme trading spheres, respectively. As GovGen prepares to shape the future of blockchain governance and AtomOne, investors are eagerly engaging in the Meme Moguls presale, enticed by the potential for substantial returns.
As both initiatives progress and attract attention, the outlook appears promising for All in Bits, Meme Moguls, and their respective communities.