Myria, a layer 2 blockchain gaming platform, has launched its native token MYRIA on the OKX exchange, according to a press release shared with Coinjournal. MYRIA operates on the Ethereum network and utilizes ZK roll-up technology to provide near-instant and cost-effective transactions, as well as enable free NFT minting. The platform boasts over 250 third-party gaming projects and more than a million registered users, with over 350,000 community members.
MYRIA, an ERC-20 token, has a total supply of 50 billion and several use cases within the ecosystem. These include governance, staking, protocol fees, node purchases, and in-game utility, with more use cases expected as the platform expands. The Alliance Key NFT Airdrop, which provides gamers with in-game utility, will be held to celebrate the token launch on OKX.
Brendan Duhamel, co-founder and Head of Blockchain at Myria, stated that the token launch is another step towards the platform’s goal of building and scaling innovative blockchain games securely and effectively. The public node sale will go live on April 7, marking the network’s true decentralization.
Meanwhile, OKX has announced it will cease operations in Canada due to regulatory challenges in the country.