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MARBLEX Token to Be Listed on Japanese Crypto Exchange Zaif Next Week

Web3 & Enterprise·October 05, 2023, 6:23 AM

MARBLEX, the blockchain subsidiary of South Korean game developer Netmarble, has announced the upcoming listing of its governance token, MBX, on the Japanese cryptocurrency exchange Zaif next Wednesday (local time).

Photo by Chris Barbalis on Unsplash

 

Penetrating the Japanese market

The token had previously gained whitelist approval in the Japanese crypto market in July following a thorough assessment by the Japanese Financial Services Agency (FSA), making it the first token from a Korean blockchain gaming project to be whitelisted in Japan. MARBLEX highlighted that it would focus on subsequently expanding the token’s utility in order to establish a sustainable and secure gaming and tokenomics ecosystem.

 

Opening details

To celebrate the listing, MARBLEX plans to hold an opening event from tomorrow to next Tuesday, during which it will offer the first 550 Zaif account holders who buy MBX tokens and file applications an additional batch of MBX tokens that amount to 10% of the total number of tokens that they buy. This applies to users who complete their Zaif account registration by tomorrow, and the winners will be announced separately next Tuesday, the company said.

The purchase price for MBX coins will be calculated based on the average closing price of MBX on CoinMarketCap from this coming Saturday to Monday. The minimum order quantity per person is 10,000 yen, and the maximum is 500,000 yen.

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