Medacoin is an in-game inventory cryptocurrency (BNB token) that has been introduced by Medabots. The asset aims to help video-game users control and trade virtual goods through Medabots NFT marketplace. NFTs are non-fungible tokens used for trading unique digital assets. Users can enter in the wager matches and analyze various digital assets’ financial performance through this currency. 

According to MEDA whitepaper, the asset is responsible for improving the financial condition, whereas Medabots is considered a virtual crypto platform that helps in introducing Medacoin in the marketplace. Moreover, MEDA is the native token for Medabots NFT marketplace. The token can be used to trade in-game items and physical Medabots merchandise, enter live tournaments, and earn these tokens to enter wager matches. Besides this, the network aims to generate additional revenue through minting Medapart NFTs. Minting essentially means converting digital goods (like gaming collectibles and artwork) into a unique token. The unique mintable Medabots NFTs are “skins” showing wear and tear. Users can mint their NFTs on its platform by binding them onto smart contracts. Smart contracts are regular contracts drafted on the blockchain through protocols. In fact, the revenue generated for MEDA tokens through minting is used for funding future tournaments and contests.

Medabots platforms seek to launch a separate DApp/webapp simpler than the full version. Decentralized Applications (DApps) are built on and powered by a decentralized protocol. The users’ NFTs earned in the game can be used for exchange, marketplace trade, and future wagers.

In 2022, Medabots seeks to launch an iOS and Android single and multiplayer game. Medacoin was founded under the leadership team of Kevin Comadran, the CEO/creative director, and Jonathan Delucia, the chief technology officer. Apart from them, more than forty-six members contributed to the token launch. The maximum total supply of the MEDA is 100 billion coins.

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