OKX Ventures-backed Moonchain set to debut on Binance Alpha and Gate
MCH, the native token of the AI-powered DePIN protocol Moonchain, is set to be listed on Binance Alpha and crypto exchange Gate today.
Summary
- MCH will be available on Binance Alpha and Gate.io later today.
- The token will launch with a total supply of 1 billion MCH.
According to a recent official X post, Binance Alpha said it will be the first platform to feature the MCH token on Sep. 3 at 11:00 AM UTC.
For the uninitiated, Binance Alpha is a spotlight section within the main Binance crypto exchange that highlights early-stage or trending crypto projects
The listing is set to align with the project’s TGE set to take place on the same day.
As part of the listing, Binance also revealed an MCH airdrop for eligible users based on the Alpha Points they’ve accumulated by participating in Binance Alpha events and campaigns. The total amount of tokens to be airdropped was not revealed at the time of writing.
Investors should note that the Binance Alpha listing does not guarantee a full listing on the main Binance exchange. However, if the project demonstrates strong community engagement, healthy liquidity, and sustained growth, it stands a strong chance of benign support by the main platform.
An hour following the Binance Alpha listing, the MCH will also be listed on the crypto exchange Gate.io on the same day.
According to its released tokenomics, the TGE will establish its total supply at 1 billion MCH tokens. Notably, 5% of the max supply, or 50 million tokens, are earmarked for airdrops in the TGE event.
Out of the total, 5% or 50 million MCH tokens have been earmarked for airdrops in the TGE event. Meanwhile, 9% is reserved for ecosystem growth, 10% for liquidity, and 42% for ZK + AI mining.
Other allocations include 8% for IHO mining and 20% for the Moonchain team, while the rest is split between private sale investors and advisors.
Moonchain is an AI-powered DePIN protocol that enables users to mine real-world data through hardware devices while securing transactions on a zkEVM Layer-3 chain. The network blends AI, zero-knowledge proofs, and IoT mining to create a decentralized infrastructure for physical-world data and applications.
The project was originally launched in 2018 as Machine Xchange Coin (MXC), an IoT-focused blockchain, before rebranding to Moonchain in May 2024 to reflect its expanded focus on AI, DePIN, and zkEVM compatibility.
At present, Moonchain supports Initial Hardware Offerings (IHOs), a model where free devices such as wearables, sensors, and trackers are distributed to users, who can then earn tokens by contributing real-world data. This positions Moonchain as a next-generation infrastructure provider for AI data and decentralized physical networks.
The project is backed by CITIC Group, UOB Ventures, OKX Ventures, and JDI Ventures, giving it institutional credibility in both finance and infrastructure deployment.
Its native token, MCH, will power the ecosystem through staking, governance, transaction fee discounts, mining incentives, and ecosystem rewards.
Looking ahead, Moonchain plans to expand its DePIN footprint, enabling large-scale deployments of AI-verified devices, advancing zkEVM-based applications, and scaling hardware mining into a global, community-driven infrastructure network.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.