Since its launch two months ago, the esports platform MTT Sports has quickly gained widespread attention from players worldwide. As of December 23, the platform has attracted nearly 250,000 participants over the course of 12 weeks of tournaments, demonstrating its immense market potential and growth prospects.
MTT Network, the blockchain infrastructure behind MTT Sports, has also reached an important development milestone. To build a widespread decentralized node architecture, MTT Network plans to launch the MTT Validator Protocol (MVP Program) on January 1, 2025.
This new initiative also means there will be new ways for users to acquire MTT tokens. Before this, users could only earn MTT tokens by participating in MTT Sports competitions. Starting January 1, 2025, users will be able to participate in the MVP Program in two ways:
- Node Creation: This option requires higher capital and technical expertise. Participants will need to stake at least 10,000 MTT tokens and have some programming knowledge.
- Delegated Staking: There are no capital or technical requirements. Users can stake any amount of MTT tokens to participate.
As for rewards, users participating in the MVP Program will primarily earn gas fees and block rewards. Node creators can also collect agent fees from delegated stakers as compensation for providing node services.
A particularly noteworthy point is the block reward. According to the MTT Network whitepaper, 10% of the MTT token allocation will be used for block rewards, totaling 210 million tokens, with plans for halving every four years. This means the earlier participants join the MVP Program, the greater their potential rewards.
Users can begin earning rewards from the day they stake their tokens, and the rewards will be automatically deposited into their staking wallet.
In just two months, MTT Sports has demonstrated its market potential and growth prospects, with 30,000 daily active users and a total of 7.6 million transactions. As the only token in the ecosystem, MTT token is highly recognized by users. While MTT token has yet to be listed on exchanges, token exchanges between users in various communities are already very active.
With the launch of the MVP Program, MTT token holders will be able to participate in proposing blocks and verifying signatures, sharing in the platform’s growth, and gaining new ways to earn MTT tokens.
After January 1, 2025, users can log in to mtt.network, visit the “nodes” page, and begin node creation or delegated staking.
For more information about the MVP Program, users can visit the MTT Network official website or follow MTT Sports’ official website and communities for updates.
“MTTSPORTS” Official website: http://mtt.xyz/
“MTSPORTS” Official https://x.com/mtt_sports
“MTT Network” Official Website: http://MTT.Network
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