BSCLaunch Research: Myra Token

4 min readNov 20, 2023

KEY METRICS

Category: Dapp, Web3, SocialFi
Ticker: $MYR
Blockchain Network: BSC Chain
Token Supply: 10,000,000,000 Tokens
Project Valuation: 32,000,000 USD
Initial Token Circulation: 59,100,000 Tokens
Initial Market Cap: 190,000 USDT
Total Raise: 300,000 USD
Platform Raise: 100k of Public Sale Round on BSClaunch Platform

A. INTRODUCTION

1. PROJECT OVERVIEW

Myra is a structure that aims to provide a unique experience to its users by integrating current technologies into the blockchain.

We produce blockchain-based applications to increase Myra token usage. Myra is a token that is not tied to a single sector, constantly improves itself, and grows with its community. MYRA, which wants to take part in the growing cryptocurrency industry and blockchain technology, aims to reach every person who is competent or not in this industry and technology. Our team, which goes on a long-term journey with the products it will develop, aims to grow together with you, our valued users, to become the most important crypto money in the world. Our first project is BLABBER. Check it out on our website!

Further introduction of Myra: https://www.youtube.com/watch?v=M87PW1WpKss

B. PRODUCT DETAILS

1. PRODUCT VIABILITY

We were inspired by the fact that people’s use of social media is high nowadays and that it brings with it some personal problems. Additionally, in centralized systems, restricting or interfering with people’s thoughts has become a problem. Based on this, as MYRA, we want to provide a free and unique experience to our users and investors by producing decentralized and blockchain-based projects.

2. TECHNOLOGY

Blabber was developed on the Binance Smart Chain Network. In smart contracts, all data is public and protected on Binance Smart Chain Servers. For social media, users cannot be banned via systems because we don’t access the smart contracts. This is very important for decentralized systems. The main idea and benefit is this for our project.

3. PRODUCT DIVE

Blabber is MYRA’s first decentralized and blockchain-based social media project. Users can share their thoughts, add images, advertise, and open tags through this platform. They can use this application through MYRA. Our team is editing new updates. New surprises are waiting for our users very soon!

For further information on Myra Product Dive, please via this link: https://docs.myratoken.com/ and DYOR!

4. PROJECT ROADMAP

The project (Blabber) was published — August 2023
Airdrop and Bounty Program — September 2023 — February 2024
IDO programs — November 2023
Listing on CEX — November 2023
Partnerships — December 2023
Second Project — March 2024

5. REVENUE STREAMS

Using Blabber
Private Investors
IDO programs
Other projects (which we develop)

C. TOKEN ECONOMY

1. FUNDRAISING STATUS

Seed Sale

Fundraised: 50,000 USD

Price: 0.0006 USD

Lock-up: 1-year cliff

Pre Sale

Fundraised: 100,000 USD

Price: 0.0012 USD

Lock-up: 20% at TGE, 1 month cliff the monthly vested in 6 months

Public Sale

Fundraised: 150,000 USD

Price: 0.0024 USD

Lock-up: 20% at TGE, 1 month cliff, then monthly vested in 2 months

2. USE OF FUNDS

Development Project
Liquidity
Marketing
Listing
Partnerships

3. TOKEN DISTRIBUTION

Reserves constitute 30% of the project. 3,000,000,000 MYRA tokens are reserved. Development for the ecosystem constitutes 20% of the project. 2,000,000,000 MYRA tokens are reserved for the development of ecosystems. Marketing constitutes 15% of the project. 1,500,000,000 MYRA tokens are reserved for marketing. The team constitutes 10% of the project. 1,000,000,000 MYRA tokens are reserved for the team. Partnerships constitute 14% of the project. 1,400,000,000 MYRA tokens are reserved for the partnership. Corporate structuring constitutes 5% of the project. 500,000,000 MYRA tokens are reserved for corporate structuring. Community rewards constitute 5% of the project. 500,000,000 MYRA tokens are reserved for community rewards. 0.83% of the total supply was used for presale, and 0,625% will be used for Public Sale.