Moonchain (MXC) is a decentralized DePIN network focused on the Internet of Things (IoT) sector. It aims to deliver efficient and secure data exchange and communication solutions using blockchain technology. Built on Arbitrum with a ZkEVM-compatible Layer3 mainnet, Moonchain leverages its MXProtocol platform to enhance data security and network stability within IoT applications. Formerly known as "极域" (Pole Domain), the project underwent a significant rebranding in 2024, introducing a native cross-chain bridge and SWAP product that supports cross-chain transactions for major cryptocurrencies like Ethereum (ETH). The original token, $MXC, remains the sole native asset of the Moonchain network.
In summary, Moonchain seeks to empower the global IoT ecosystem through decentralized infrastructure, offering scalable and secure communication frameworks. Its recent technological upgrades and product expansions reinforce its leading position in the DePIN sector.
Project Background and Vision
Moonchain was established in 2017 with a vision to build the world’s largest DePIN and Layer3 native blockchain. The project is headquartered in Berlin, Germany, and is known for its focus on merging IoT hardware with distributed ledger technology. By facilitating machine-to-machine communication and secure data markets, Moonchain aims to support smart city innovations and large-scale IoT deployments.
Core Team and Investors
The project was founded by Xin Hu, who also serves as a lead developer. With a background in antenna technology from Sun Yat-sen University and experience as a lead hardware engineer at Airfy in Germany, Xin Hu brings substantial technical expertise to Moonchain. Aaron Wagener, a co-founder and key contributor, focuses on hardware and blockchain integration. A graduate of the Queensland University of Technology, Wagener is dedicated to community-driven technological empowerment.
Moonchain completed a $10 million funding round in February 2024, led by JDI Global. This followed an earlier $2 million Series A round in 2018, indicating sustained investor confidence in the project’s vision and execution.
Media and Community Channels
Moonchain maintains an active presence across several platforms:
- Twitter: https://x.com/Moonchain_com
- Telegram: https://t.me/Moonchain_official
- Reddit: https://reddit.com/r/Moonchain
These channels provide regular updates, technical announcements, and community discussions.
Tokenomics: MXC Token
- Symbol: MXC
- Total Supply: 2,664,965,800
- Token Type: ERC-20
- Inflation Model: No further issuance or minting
- Contract Address: 0x5ca381bbfb58f0092df149bd3d243b08b9a8386e
Allocation Breakdown
All tokens are fully unlocked and distributed as follows:
- Team: 20%
- Foundation: 20%
- Public Sale: 60%
Essential Project Links
- Official Website: https://www.moonchain.com/
- GitHub: https://github.com/MXCzkEVM
- LinkedIn: https://www.linkedin.com/company/mxc-foundation/
- Whitepaper: https://doc.moonchain.com/
How Moonchain Is Advancing IoT and DePIN
Moonchain’s Layer3 architecture is designed to overcome traditional scalability limitations in blockchain networks, making it particularly suitable for IoT applications. By utilizing zero-knowledge proof technology, the network ensures privacy and efficiency in data transactions. The MXProtocol further allows devices to communicate and transact autonomously, forming a robust foundation for machine-based economies.
The project’s cross-chain capabilities enhance interoperability, enabling seamless movement of assets and data across different blockchain environments. This is especially important for IoT ecosystems that rely on diverse hardware and software standards.
👉 Explore advanced IoT blockchain strategies
Use Cases and Real-World Applications
Moonchain’s technology supports a variety of applications:
- Smart Cities: Traffic management, waste management, and public safety systems.
- Supply Chain: Real-time tracking of goods and verification of authenticity.
- Energy Management: Decentralized energy grids and automated billing systems.
- Healthcare: Remote patient monitoring and secure medical data exchange.
These use cases demonstrate how decentralized physical infrastructure networks (DePIN) can drive efficiency and innovation across industries.
Frequently Asked Questions
What is Moonchain (MXC)?
Moonchain is a blockchain project focused on building a decentralized network for IoT data and device communication. It uses a Layer3 solution to achieve high scalability and low transaction costs.
How does Moonchain ensure data security?
The platform uses ZkEVM technology and cryptographic proofs to protect data integrity and privacy, making it suitable for sensitive IoT applications.
What is the role of the MXC token?
MXC is used for transaction fees, network governance, and incentivizing node operators within the Moonchain ecosystem.
Can MXC be staked or used in DeFi?
Yes, MXC can be staked to secure the network and may also be used in various DeFi applications supported by the ecosystem.
How does Moonchain compare to other IoT blockchains?
Moonchain differentiates itself with its Layer3 architecture, cross-chain functionality, and strong emphasis on machine-to-machine economies.
Where can I learn more about technical developments?
The project’s GitHub and official documentation provide detailed insights into ongoing development and network upgrades.
Conclusion
Moonchain represents a significant innovation in the convergence of blockchain and IoT technologies. With a clear vision, experienced team, and growing ecosystem, it is well-positioned to influence the future of decentralized infrastructure. Whether you're a developer, investor, or enthusiast, understanding Moonchain’s offerings can provide valuable insight into the evolving landscape of DePIN and IoT networks.
For those interested in deeper engagement, participating in community discussions and tracking development progress is highly recommended. 👉 Learn more about decentralized IoT networks