What is Moonbirds (BIRB)? From an NFT Project to a Token on Solana

Moonbirds (BIRB) has become one of the most talked-about crypto projects ahead of the launch of its Token Generation Event (TGE).

Starting as a popular NFT brand, Moonbirds has now evolved into a broader token ecosystem by introducing $BIRB as its native token.

This article will discuss Moonbirds (BIRB) in detail, from its concept, token functions, game theory mechanisms, to tokenomics.

Key Takeaways

• Moonbirds (BIRB) is the native token of the Moonbirds ecosystem, expanding the NFT brand into a token-based economy.
• The BIRB token supports governance, staking, community incentives, and integration in the Solana ecosystem.
• The majority of the token supply is allocated to the community with various innovative distribution mechanisms.

What is Moonbirds (BIRB)?

Image Source: Moonbirds

Moonbirds (BIRB) is the ecosystem token of the Moonbirds NFT brand. While Moonbirds was previously known as an NFT collection with a strong cultural identity, the project is now taking it a step further by building a scalable token economy on the Solana blockchain.

The BIRB token is designed as the main foundation of the Moonbirds ecosystem. This project runs with the Birbillions Thesis vision, which is to combine the power of meme culture, community, and sustainable on-chain infrastructure. 

As such, Moonbirds is not only focused on NFT hype, but also on long-term utility.

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Moonbirds (BIRB) TGE and Birb Game One

Image Source: Moonbirds

Moonbirds (BIRB) TGE scheduled for January 28. Along with this moment, the project also introduced Birb Game One, a game theory with the concept of positive expected value (EV).

Birb Game One isn't just entertainment. It's part of a token claim process for users who want to participate. Through this mechanism, Moonbirds aims to provide a fairer and more participatory token distribution.

Going forward, the Birb Games series will serve as a tool to distribute unclaimed tokens from the community pool back into the hands of the community. This approach is unique because it combines elements of gaming, incentives, and asset redistribution.

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BIRB Token Function in the Moonbirds Ecosystem

As the native token, BIRB plays a crucial role in driving the entire Moonbirds ecosystem. It serves not only as a speculative asset but also as a participation and incentive tool.

Here are some functions of BIRB token:

1. Community governance: BIRB holders can participate in decision-making regarding the direction of project development.

2. Ecosystem incentives and holder rewards: Tokens are used to reward active and contributing community members.

3. Staking mechanism: Token holders can stake to earn additional incentives while supporting ecosystem stability.

4. Future integrations on Solana: Token BIRB is designed to easily integrate with various applications and protocols on the Solana network.

All of these functions remain aligned with the Birbillions Thesis which is the foundation of Moonbirds' vision.

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Tokenomics of Moonbirds (BIRB)

Tokenomics is a crucial aspect in evaluating a crypto project. Moonbirds (BIRB) allocates its token supply with a strong focus on the community.

A total of 65% of tokens are allocated to the community, demonstrating that Moonbirds place users at the center of ecosystem growth.

Here’s the BIRB token allocation:

Image Source: Moonbirds

1. Holder Rewards (27%): Used for rewards for Birb & Friends holders as well as strengthening community development.

2. Ecosystem Partner Expansion (12%): Performance-based allocation to build strategic partnerships and drive adoption.

3. Value Chain Incentives (10%): Incentives for community members who contribute to the project's operations and infrastructure.

4. Liquidity (8%): Prepared for CEX listing, deposit campaigns, and market making to maintain healthy liquidity.

5. Innovation (8%): Strategic reserves to support innovation and sustainability of the ecosystem in the future.

6. Team (10%): Long-term incentives for the development team to continue building on the Moonbirds vision.

7. Investors & Advisors (25%): Allocated to strategic partners who provide capital, networks and development guidance.

By combining NFTs, tokens, game theory, and the Solana ecosystem, this project has a more mature approach.

Additionally, Birb Games' token redistribution mechanism could be a solution to the problem of unclaimed tokens, while maintaining high community engagement.

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Conclusion

Moonbirds (BIRB) is the evolution of an NFT brand into a broader and more sustainable token ecosystem. Powered by the BIRB token, the project offers governance, staking, community incentives, and an innovative distribution mechanism through Birb Game One.

Coupled with its community-friendly tokenomics, Moonbirds has the potential to grow beyond just a seasonal NFT project. However, it's important to do your own research before participating.

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FAQ

What is Moonbirds (BIRB)?

Moonbirds (BIRB) is the native token of the Moonbirds ecosystem, expanding the NFT brand into the Solana blockchain-based token economy.

When is TGE Moonbirds (BIRB)?

TGE Moonbirds (BIRB) is scheduled to take place on January 28.

What is the main function of the BIRB token?

BIRB tokens are used for governance, staking, ecosystem incentives, community rewards, and integration on the Solana network.

What is Birb Game One?

Birb Game One is a game theory-based game launched during TGE and used as a mechanism for claiming and redistributing community tokens.

Is Moonbirds (BIRB) just an NFT project?

No. Moonbirds is now evolving into a token ecosystem that combines NFTs, gaming, and on-chain infrastructure for the long term.