Singapore, November 22, 2020 — Mooner App is testing its own minted MNR token to be used within its revolutionary mobile application, Mooner. All transactions within the Mooner App, which will be available for download on Android and Apple devices is set to launch in Singapore early 2021. The mobile application is aimed to create an ecosystem for the MNR token’s utility. Promotional Banners, Service Booking Fees, Tips and User Rewards will all be paid in MNR tokens.

Digital Currency enables Mooner to ensure even a fraction of a cent is not short changed, for all our hardworking service providers. – Sithu Chrishen CEO, Mooner App Pte Ltd.

Mooner, through its blockchain partners will mint 100 million MNR tokens. 40 Million tokens, through its partner will be made available for private allocation for private participants. Token allocation is strictly by invitation only. No additional tokens will be minted. 20 million will be awarded to initial participants as bonus for staking and rewards. Any excess tokens of the allotted 20 million tokens will be burnt. 40 million remaining tokens are proportioned for future company endeavours and are only released over a five-year period.