.@MandalaChain is answering a question we all ask:
How does Web3 actually serve a country?
Not just dApps.
But health. Data. Governance itself.
Their answer? @Polkadot!
Not a concept. It’s happening.
🧵 From a pandemic-era YouTube channel to a bridge between Web3 and the fourth largest country in the world — this is the real story of how a group of builders made Polkadot part of public infrastructure:
1/
During lockdown, there was almost zero quality Web3 content in Bahasa Indonesia.
So @Mick_Republik and friends launched a YouTube channel to teach blockchain — in their native language.
One year later: 100k subscribers, the biggest Web3 community in Indonesia.
2/
Then one day, a Bali-based developer named @dgreatanda reached out:
“Government officials are asking me about blockchain. I don’t know how to explain it.”
So they co-hosted a bootcamp. 80 government officers joined.
That’s when everything started to change.
3/
After the bootcamp, government departments started requesting blockchain solution:
Healthcare.
Data protection.
Identity systems.
Mandala was born: a government-grade rollup built on Polkadot.
4/
Their strategy was clear:
📡 Use Substrate to launch local government chains
🧩 Mandala acts as a relay to Polkadot
🧠 Public services run on-chain, data stays sovereign, interoperability powered by Polkadot
5/
Now, West Java — home to 50 million people — has launched the Skyload blockchain using Substrate.
It plugs into @MandalaChain and is tracking childhood nutrition data to improve public health outcomes.
Real blockspace, real governance.
6/
But Mandala’s not just for Indonesia.
They’re already in talks with other countries.
Several major partnerships are on the way.
Their vision: a modular govchain stack adopted across jurisdictions — all feeding value back into the Polkadot ecosystem.
7/
They’re also working closely with fellow parachains:
🔁 @MoonbeamNetwork + @hydration_net for core infra
🧠 @Acurast for on-chain compute
🌉 @hyperbridge for cross-chain liquidity
🏦 @xcavateofficial for RWAs
💸 Longtime support from @PolimecProtocol
8/
Mandala’s native token is Kepeng (KPG) — inspired by ancient SE Asian coins with a square hole in the center.
This time it’s not backed by gold, but by blockspace — a fusion of history, symbolism, and decentralized infrastructure.
9/
Behind the chain is a rock-solid team:
🎮 CEO Matt Paul — early Cardano evangelist
🛠 COO Alex Hogan — ex-engineer
💼 BD head Matt Cook — a US-HK finance native
They’re not just talking Web3. They’re building it.
10/
Mandala’s journey wouldn’t be possible without the Polkadot community.
Co-founder Anta is a proud graduate of the @AcademyPolkadot.
And this August, they’ll host the PBA right in Bali.
Get ready for a builder wave.
11/
This summer, Bali will host:
🏝️ Coinfest
🏛️ PBA courses
👥 Dev meetups
Polkadot’s tech will reach Indonesian universities, dev networks, and government offices — all in one explosive week.
If you’re in SEA, don’t miss it.
12/
Follow @MandalaChain to watch a blockchain evolve from island → country → the world.
Polkadot is thriving in Indonesia.
Full interview (in Chinese):
Polkadot
Unpacking Mandala Chain's BIG Plans
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Moonbeam Network
📢 Referendum #114 has passed on both Moonbeam & @MoonriverNW!
The community approved a plan to diversify treasury holdings by converting 25% of GLMR inflows to USDC via a DCA strategy, enabling more stable, predictable treasury payments for ecosystem growth.
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Api3
We began with GLMR core — now aiming to support all @MoonwellDeFi markets on Moonbeam.
Api3 isn’t just doing price feeds — it’s infrastructure that pays you.
OEV. On every chain.
Winners recapture. Losers leak.
Snapshot live @MoonwellGov
Moonwell Governance
"Switching all Moonbeam Markets to using API3’s Data Feeds to Maximize OEV Recapture" has been submitted by @API3DAO for Snapshot voting.
🗳️ Vote (WELL):
🗣️ Discuss:
@Moonwelldefi knows how to recapture value 💥
Api3 Oracles are used on the GLMR Core Market @MoonbeamNetwork. MEV from liquidations is reclaimed for the protocol, not needlessly lost to third-parties bots.
🎧 Catch the latest @MoonwellGov Governance Call!
Moonwell Governance
📣 Listen to @thevet from @Api3DAO discuss the successful integration of the OEV-enabled data feed on the GLMR Core Market on @MoonbeamNetwork during the latest Governance Call.
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Moonbeam price performance in USD
The current price of Moonbeam is $0.061780. Over the last 24 hours, Moonbeam has decreased by -3.03%. It currently has a circulating supply of 988,678,163 GLMR and a maximum supply of 1,179,954,230 GLMR, giving it a fully diluted market cap of $61.25M. At present, Moonbeam holds the 196 position in market cap rankings. The Moonbeam/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Launched on January 11, 2022, Moonbeam is a fully decentralized, Ethereum-compatible smart contract platform built as a parachain on the Polkadot network. GLMR is Moonbeam's native ERC-20 token.
The Moonbeam foundation, which powers Moonbeam and its sister network, Moonriver, hosted a crowdloan campaign in November 2021 to secure DOT tokens to book a parachain slot on Polkadot. Moonbeam received over 35 million DOT in that campaign. Following that, Moonbeam became the first-ever fully functional parachain on Polkadot, with over 80 projects ready to be deployed.
Moonbeam allows developers to build within a scalable Layer 1 chain at faster speeds and lower costs. It provides developers with an ecosystem similar to Ethereum regarding accounts, security systems, subscriptions, and decentralized applications (DApp) front-ends. Development tools mirror existing tools in the Ethereum ecosystem, such as Waffle, Hardhat, Truffle, MetaMask, and Remix. Moreover, any Ethereum project or Solidity smart contract can be replicated and deployed on Moonbeam without much rewriting or reconfiguration.
The Glimmer token supports several functions in the Moonbeam ecosystem. Examples include financing smart contract executions, incentivizing collators and participants who power the mechanics of the core node infrastructure, and supporting gas fee payments on the network.
Moonbeam aims to maintain the same level of decentralization as its relay chain, Polkadot. To do so, it has adopted a fully decentralized mode of governance, complete with rights to propose changes, an established voting system, and councils and committees with varying roles.
GLMR price and tokenomics
GLMR has a total token supply of 1 billion, subject to a 5% annual inflation rate. Among the allocation, 15% is designated for Moonbeam crowdloan contributors, approximately 30% for seed, strategic, and parachain bond funds, while the rest is reserved for ecosystem development, liquidity programs, and the team.
To address inflation, Moonbeam allocates additional tokens for security needs, with 2.5% going to collators and parachain rent and another 2.5% for staking rewards. Furthermore, Moonbeam burns 80% of transaction and smart contract execution fees accumulated on the network. Ultimately, the price of GLMR is influenced by developer interest in the main protocol, Polkadot.
About the founders
Moonbeam and its sister network, Moonriver, are built by PureStake and financially backed by the Moonbeam Foundation. Derek Yoo, an alumnus of the University of Pennsylvania, is the founder and CEO of these networks. Stefan Mehlhorn, the COO of both networks, has also founded two companies, Collego and Permessa. Alan Sapede, who has prior experience at companies like Google, Fuze, and Live Minutes, handles blockchain engineering. All three team members have worked in the same roles for Pure Stake.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4.3K new posts about Moonbeam, driven by 2.9K contributors, and total online engagement reached 12M social interactions. The sentiment score for Moonbeam currently stands at 58%. Compared to all cryptocurrencies, post volume for Moonbeam currently ranks at 1440. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Moonbeam.
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Posts
4,255
Contributors
2,947
Interactions
11,768,191
Sentiment
58%
Volume rank
#1440
X
Posts
2,448
Interactions
333,766
Sentiment
64%
Moonbeam FAQ
How much is 1 Moonbeam worth today?
Currently, one Moonbeam is worth $0.061780. For answers and insight into Moonbeam's price action, you're in the right place. Explore the latest Moonbeam charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Moonbeam, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Moonbeam have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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