Meson Network (MSN) is an innovative blockchain cryptocurrency designed for the bandwidth trading market in the Web3 environment. In this market, users can efficiently buy and sell bandwidth, with MSN tokens playing a crucial role. Tokens are primarily obtained by providing server resources to the network, rewarding miners who can also enhance their mining efficiency by locking these tokens.
Furthermore, MSN tokens hold significant governance functions. Token holders can use them for bandwidth transactions and participate in Meson network's governance, including voting and evaluating on-chain proposals. This mechanism ensures the network's decentralization and democratization, strengthening the community's control over its developmental direction.
Token Ticker: MSN
Chain: Ethereum
Token Contract: 0xaa247c0d81b83812e1abf8bab078e4540d87e3fb
Maximum Supply: 100,000,000
MSN tokens are central to the operation and development of the Meson Network, serving various functions. These tokens reward miners who provide resources to the network and are used for staking to improve mining efficiency.
In MSN's economic model, users pay MSN to obtain additional bandwidth services. These payments are then recycled back to the miners through a buyback and destruction process. Additionally, MSN holders can participate in governance by voting on development decisions or modifications of protocol parameters.
The initial token supply is 100 million, with distribution including Jumpstart (0.80%), Airdrop (2.20%), Public Sales (5.00%), Partners (6.00%), Technical Team (15.00%), Foundation reserves (20.00%), Ecosystem (25.00%), and Investors (26.00%). This structure is designed to ensure long-term sustainability and broad community involvement.
Inflation in MSN tokens is solely from mining rewards. The first-year mining inflation rate is 5%, decreasing by 0.5% annually. This declining inflation model aims to balance long-term supply and demand, maintaining economic stability.
Meson Network is dedicated to establishing an efficient bandwidth trading market within the Web3 environment. By replacing traditional labor-based sales models with a blockchain protocol, Meson Network integrates and monetizes idle bandwidth at low cost, providing a foundation for decentralized storage, computation, and the emerging Web3 Dapp ecosystem.
Meson aspires to create the world's largest bandwidth market in the future, where users can exchange unused bandwidth for MSN tokens, and those needing bandwidth can borrow it from anywhere in the world within Meson's market. This model, differing from direct sales, aims to capture the dispersed long-tail market demand.
Traditional cloud service providers depend on a top-down sales model to aggregate resources. For instance, entering a new local market requires recruiting local personnel, with the number of recruits increasing linearly or even exponentially as market coverage expands. Although effective for the last 10–20 years, this model is now facing challenges as resources increasingly disperse into the long-tail market, where demand is more fragmented and account output is generally lower. However, demand from the long-tail market is growing faster than from large account markets.
Meson adopts a bottom-up approach to resource integration. Users need not worry about interpersonal interactions; they simply upload or access resources in the market according to standards and protocols. This new model minimizes human interaction and rapidly achieves scalability through free market mechanisms. Using a human-centric sales model might luckily recreate another Amazon; however, with a protocol model, there's no need to define roles at both ends of the market. It could be an ordinary user connecting their Starlink network to Meson, numerous developers linking different Telecoms globally to Meson, or potentially, Meson's market could even encompass resources from major cloud providers like Amazon and Google in the future, all driven by a team of fewer than 100 people.
Website: https://www.meson.network/
Twitter: https://twitter.com/NetworkMeson
Discord: https://discord.gg/z6YfSHDkmS
Telegram: https://t.me/mesonnetwork
Purchasing MSN tokens on the cryptocurrency exchange platform LBank is straightforward. Here's a step-by-step guide:
1. Log into your account: Ensure you're registered and logged into your LBank account, then click the "Trade" option in the top menu bar to start the trading process.
2. Search for MSN: Use the search function within the trading platform to find "MSN", locate the trading pair, such as MSN/USDT, and click to enter its dedicated page.
3. Place an order: In the MSN/USDT trading page's spot trading area, enter the amount of MSN you wish to buy. If you want to complete the purchase immediately at the current market price, select a market order and then click the "Buy" button.
4. Confirm the order: A confirmation window will pop up. After verifying the order details are correct, confirm to place your order. Once the transaction is successful, the purchased MSN will automatically be deposited into your LBank spot wallet.
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