### What is Monavale?

Monavale (MONA) is a digital token built on the Ethereum network, specifically designed for the DIGITALAX platform. It functions as the native token for DIGITALAX, which is a digital fashion non-fungible token (NFT) engine aimed at providing digital fashion NFTs for gaming, virtual reality (VR), and metaverse applications within the crypto ecosystem.

### How does Monavale work?

Monavale operates as an ERC-20 token on the Ethereum blockchain. It is used within the DIGITALAX platform to facilitate transactions and interactions related to digital fashion NFTs. As a governance and utility token, it enables users to engage in platform governance activities and partake in digital fashion NFT transactions. The token makes use of smart contracts, written in Solidity, to manage these processes, ensuring transparency and efficiency in its operations.

### What are the potential use cases for Monavale?

Monavale’s primary use cases include:

- Serving as a utility and governance token within the DIGITALAX platform.
- Facilitating NFT transactions across the platform.
- Acting as a payment medium for transactions in NFT marketplaces like Rarible.com.

Industries where Monavale demonstrates potential applications are digital fashion, NFT marketplaces, gaming, and virtual reality, thanks to its integration with platforms focusing on these areas.

### What is the history of Monavale?

Monavale was launched in December 2020 as the native token for DIGITALAX. Emma-Jane MacKinnon-Lee, an Australian former aerospace engineering student, founded DIGITALAX. Significant milestones in its history include its peak value in November 2021 and acceptance as a payment method on Rarible.com in April 2022. Technological advancements have included integration with the Polygon network for improved scalability and efficiency, alongside the development of a staking dashboard and NFT marketplace. Monavale is actively listed on various exchanges, with its market presence and value subject to fluctuations influenced by broader market conditions and project developments.

Monavale

Deposits and withdrawals are not currently available for this coin.

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