Dear Users,
MINAX Brand Asset Exchange hereby announces that MONKEY KING TOBACCO (Ticker: MKCC) will soon be officially listed on the platform. This asset is issued by the brand under the RWA model, and users will be able to participate in open trading through the [Trade] section.
With the introduction of the RWA asset model, MONKEY KING TOBACCO brings traditional cigar collection into the digital era, achieving a perfect fusion of cultural heritage and technological innovation.
1. Listing Information
Asset Name: MONKEY KING TOBACCO Brand Asset
Ticker: MKCC
Total Supply: 33,750,000 units
Initial Circulating Supply: 33,750 units
Initial Reference Price: 0.3333 USDT per unit
Initial Valuation: 11,250,000 USD
2. Listing and Trading Details
Listing Time: 2025-04-27 10:00 (UTC+8)
Trading Pair: MKCC/USDT
Trading Mode: 24/7 real-time trading with no price limit
3. Brand Overview and Highlights
Macau Monkey King Tobacco, the first private cigar factory in China (including Hong Kong and Macau), has a deep – seated connection with the Caribbean and Central and South America. We carefully select the mellow cigar cores from the Masaya Volcano region in Nicaragua, the supple cigar wrappers from the Yuncos Valley in the Dominican Republic, and the legendary cigar binders from Pinar del Río in Cuba. With this golden triangle of tobacco leaves from three regions, we recreate the soul – stirring essence of the land.Led by Guillermo Pena, a “Caribbean tobacco poet”with 30 years of experience, a“Holy Fire Alliance”composed of 7 blenders relies on a unique fermentation patent technology to infuse each cigar with the essence of the earth. Learn more >>
Market Performance:
Average Monthly Revenue: $937,500 USD
Estimated Annual Revenue: $11,250,000 USD
4. Buyback and Unlock Mechanism
Buyback Mechanism:
- The brand management company plans to allocate 10% of its monthly revenue as buyback funds. The actual buyback amount will be based on the monthly financial report data.
- Repurchased assets will be periodically burned to reduce market circulation and support the platform’s long-term development.
- All buyback fund usage and burn records will be publicly disclosed on-chain to ensure transparency and enable investor oversight.
Unlock Mechanism:
- Initial circulating supply: 33,750 units.
- Remaining locked assets will be unlocked in proportion to the repurchased amount.
- Additionally, the brand may submit unlock applications to the platform based on actual business development needs, which will be publicly disclosed to ensure transparency and compliance.
5. Important Notes
Risk Warning: Markets involve risks. Please invest cautiously. The value of brand assets may fluctuate significantly due to market demand, brand development, macroeconomic factors, and more. MINAX only provides trading support and does not assume responsibility for investment outcomes.
Account Security: Please secure your account information and complete identity verification to ensure smooth participation in trading.
Additional Information
- Information in this notice is for reference only and subject to actual conditions.
- MINAX reserves the right of final interpretation of this notice.
- For inquiries, contact our official support: support@minax.io
Thank you for your support! MINAX remains committed to driving brand asset innovation, building a global trading platform for mutual benefit between brands and investors.
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MINAX Operations Team
April 27, 2025
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【Risk Reminder】The market is subject to risks; investments require caution. The prices of brand assets may experience significant fluctuations due to market conditions, and investors may incur partial or total losses. Please make prudent decisions based on your own financial situation and investment goals. MINAX, as a trading platform, does not bear responsibility for the results of users’ investments.
【Special Note】MINAX reserves the right to modify, change, or cancel this announcement at its sole discretion at any time without prior notice. In the event of any discrepancies between the English and Traditional Chinese versions of this announcement, the Traditional Chinese version shall prevail. The content of this announcement may be updated as needed; please refer to the latest updates.