Mongol NFT (MNFT): Uses, Supply and Risks

Mongol NFT (MNFT) is a utility and governance token associated with the MongolNFT project. The project describes itself as a marketplace for NFTs and also lists a DAO, streaming services, gaming and DeFi projects among its planned or related activities. MNFT is not the native token of Ethereum, BNB Chain or Polygon; it is reported as issued on those networks.

The project says MNFT is intended to support participation in its ecosystem. Its stated roles include enabling community involvement in governance and providing access or payment functions across MongolNFT services. These descriptions explain the project’s intended uses, but they do not by themselves confirm which features are currently available or how each one works. Check the specific service’s current terms and token requirements before relying on MNFT for access or payments.

MongolNFT lists several possible uses for MNFT: buying and selling NFTs on its marketplace, participating in its DAO, accessing streaming and gaming services, and paying at more than 100,000 businesses. It also mentions third-party integrations. These are project-stated use cases, not a guarantee that every service, merchant or integration is active or accepts MNFT today. Confirm availability and any fees directly within the relevant service before transferring tokens.

The project also calls MNFT a governance token, suggesting holders may have a role in community decisions. Public sources do not specify voting rules, eligibility thresholds or which decisions are subject to a vote. Nor does it establish that holding MNFT provides a share of revenue or other financial rights. Treat the listed functions as claims about intended utility, and look for current documentation explaining how each one is implemented.

As of 2026-10-15, the reported MNFT price was about $0.0000168, with a market capitalization of about $2.3 million and a fully diluted valuation also reported at about $2.3 million. No 24-hour trading-volume figure was available. These figures are time-sensitive and can change; a market capitalization or valuation estimate is not a measure of guaranteed liquidity.

The reported maximum supply is 400 billion MNFT. However, the listed circulating supply is 134,319,384,000, while the listed total supply is 133,869,384,000. Because the circulating figure exceeds the total, those supply figures are inconsistent and should not be treated as a precise accounting of tokens in circulation. Check current project or blockchain information for clarification. The project describes MNFT as audited by CertiK, but an audit does not eliminate smart-contract, operational or market risks.

MNFT is reported on Ethereum, BNB Chain and Polygon. Since it is not a native token of those networks, a wallet or exchange may require you to select the correct network and token entry. Before sending MNFT, verify the receiving platform supports that exact network and confirm the token contract address through a reliable project source. Sending tokens to an incompatible network or address can result in permanent loss.

MNFT carries the risks common to small, specialized crypto projects: its market price can be volatile, trading may be limited, and project-stated services may change or fail to gain adoption. Governance rights and token utility can also depend on rules that are not fully described. Store MNFT in a wallet that supports the relevant network, protect your recovery phrase offline, and never share it. A project audit is not a guarantee against loss or misuse.