Why Web3 Gamers Are Rushing To Moondrop, Moonbeam’s GLMillionaire With 1,000,000 GLMR On The Line

Can your best one minute run be worth part of 1,000,000 GLMR? Moondrop is a simple, high pressure reflex game, and week one of Moonbeam’s GLMillionaiRe puts a 1,000,000 GLMR prize pool behind it. Scores write onchain, winners clear KYC, and payouts arrive on a set schedule. The first tournament runs from August 21, 2025, 13:00 UTC to August 28, 2025, 12:59 UTC, and the upcoming battle rounds also follow a recurring schedule. Follow Moonbeam on X to stay up to date. If you like mobile skill games and real stakes, this is the entry point.

The game first, how Moondrop works and how to score

Moondrop is a fast session runner. You merge matching balls to increase your score and the round ends the instant your stack crosses a visible horizontal line. A single mistake ends a run, and a single perfect sequence can set a personal best. Because rounds are short, a day of play feels like focused sprints, not a grind.

If you have not played merge titles before, think of two identical balls combining into a higher value ball and a bigger score. Space is scarce, so every move trades risk for upside. That is why one excellent attempt can push you up the single game leaderboard even if earlier runs were average.

\ Moondrop runs on mobile and desktop. Scores are tied to the wallet you register with, so every attempt maps to one verifiable identity.

Quick Links for Web3 Games: Game site: moondropgame.com Moonbeam Gaming: moonbeam.network/gaming

How to enter and play your daily rounds

You enroll on N3MUS tournaments. Registration creates a Sequence smart wallet for you. Add GLMR with a card through the onramp or transfer GLMR from another wallet. Once funded, start playing Moondrop inside the event.

Each attempt costs 10 GLMR and only five games per day are prize eligible. The cap keeps volume advantages in check and makes each run matter. You can still practice outside those five, and the prize eligible attempts are the ones that decide the boards.

What GLMillionaiRe is and how winners are decided

GLMillionaiRe is a recurring, week long tournament built around Moondrop. Two leaderboards award the major prizes. One rewards the highest single game of the week. One rewards the highest total score across the week. The split creates two clear strategies. Chase one perfect run, or stack consistent daily totals.

\ Leaderboards refresh on a regular cadence during the week. After the last day, organizers run anti cheat checks and finalize results within a stated window. If there is a tie for a top prize, a livestream playoff decides it. Lower tier ties go to the highest single game score.

Week one prize, payout schedule, and why the timing matters

Week one begins with a 1,000,000 GLMR sponsor pool. The split is 45 percent to the top single game, 45 percent to the top total score, and 10 awards of 10,000 GLMR to the next ten finishers on the total board. Prizes pay in GLMR. Winners receive 10 percent within thirty days, and the remainder in equal monthly installments over nine months, subject to KYC within thirty days of tournament end.

\ From the second week onward, every paid game adds 10 GLMR to the prize pool and organizers do not take a rake. A no repeat champion rule applies at the top slot. A past first place winner can keep playing and cannot win first again. That keeps the top of the board open for new entrants.

\ Why this is newsworthy right now: the 1,000,000 GLMR pool exists only for week one. After that, pools scale with participation. If you want to compete when the fixed sponsor pot is at its largest and the field is still forming, the opening week is the window.

Fair play, compliance, and why onchain scoring matters

Fair play rests on four pillars. Scores are wallet based, duplicate accounts are monitored, winners complete KYC before payouts, and prize claims use multi signature approvals. Because scores are written onchain, the public can review the record and match it to the leaderboards. Eligibility excludes OFAC sanctioned regions and affiliates of organizing partners. Ties at the top are decided with livestreamed playoffs.

\ New to these terms, here is a quick guide: Onchain scoring means results are recorded to the blockchain so anyone can verify them later. Sequence wallet lets you sign in with email or social and still settle to the chain, so you do not handle seed phrases to play. KYC is identity verification used for prize claims and duplicate detection.

Can you participate without playing?

Spectators have a path through OddsHub, a decentralized prediction market. You can follow the event and trade preset outcomes like who will post the high score and what the final number will be. If you have not used prediction markets, think of them as small contracts that pay out if your chosen result happens. Prices move as the crowd updates its view.

Why Gamers Are Excited For Weekly Tournaments Rumbles

Short rounds and a hard stop line make Moondrop a clear skill test. One high variance run can move you up the single game board, and steady daily play builds your total score. The five attempts per day rule limits grinding and keeps time zones and free time more level across players.

\ Week one creates urgency for three reasons:

The 1,000,000 GLMR pool is fixed for the opener and is the largest guaranteed pot.
The no repeat champion rule means the top slot is available to a new winner in week one and in future weeks.
The entry funded model starts in week two, so the week one field gives you a clean baseline for how competitive the format feels.

\

Onchain scoring and scheduled verification address common leaderboard complaints. Players know when boards refresh and how finalization works. Because entries fund the pool after week one, participation directly grows future prizes, which is easy to measure and discuss, bringing more gamers to the fold for maximum gaming competiton and fun!

What to watch in week one

Participation shape. Look at unique players and daily attempts to see whether the five play cap is workable for casual and competitive users.

Audit outcomes. Track disqualified scores and the time from final game to final board to understand how anti cheat performs.

Onboarding friction. If Sequence login and the fiat onramp are simple, players should reach a first game quickly and support issues should be minimal.

Final Thoughts

I like that GLMillionaiRe starts with the game loop and puts clear rules around it. Moondrop is easy to learn and hard to perfect, which is the right base for a weekly ladder. The five play cap is a practical limiter that balances free time and spend, and the no repeat champion rule keeps the top slot open.

\ The 1,000,000 GLMR opening pool is a strong catalyst. It creates day one interest and gives players a measurable reason to try the format now. After week one, the player funded model is the right sustainability test. If players value the tournament at 10 GLMR per attempt, prize pools will sustain and grow. If not, the feedback loop will be direct and the team can adjust entry price, cadence, or game settings.

\ For long term trust, I want to see weekly stats on unique wallets, KYC completion, audit outcomes, and payout timelines. If those numbers are consistent and public, this format can become a template for skill first, onchain, auditable competitions. If you enjoy short, focused challenge and you want to compete while the opening prize is the largest, week one is the time to enter.

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Written by: Wang Yongli , former Vice President of Bank of China China's policy orientation of accelerating the development of the digital yuan and resolutely curbing virtual currencies, including stablecoins, is now fully clear. This is based on a comprehensive consideration of factors such as China's leading global advantages in mobile payments and the digital yuan, the sovereignty and security of the yuan, and the stability of the monetary and financial system. Since May 2025, the United States and Hong Kong have been racing to advance stablecoin legislation, which has led to a surge in global legislation on stablecoins and crypto assets (also known as "cryptocurrencies" or "virtual currencies"). A large number of institutions and capital are flocking to issue stablecoins and invest in crypto assets, which has also sparked heated debate on whether China should fully promote stablecoin legislation and the development of RMB stablecoins (including offshore ones). Furthermore, after the United States legislated to prohibit the Federal Reserve from issuing digital dollars, whether China should continue to promote digital RMB has also become a hot topic of debate. For China, this involves the direction and path of national currency development. With the global spread of stablecoins and the increasingly acute and complex international relations and fiercer international currency competition, this has a huge and far-reaching impact on how the RMB innovates and develops, safeguards national security, and achieves the strategic goals of a strong currency and a financial power. We must calmly analyze, accurately grasp, and make decisions early. We cannot be indifferent or hesitant, nor can we blindly follow the trend and make directional and subversive mistakes. Subsequently, the People's Bank of China announced that it would optimize the positioning of the digital yuan within the monetary hierarchy (adjusting the previously determined M0 positioning. This is a point I have repeatedly advocated from the beginning; see Wang Yongli's WeChat public account article "Digital Yuan Should Not Be Positioned as M0" dated January 6, 2021), further optimize the digital yuan management system (establishing an international digital yuan operations center in Shanghai, responsible for cross-border cooperation and use of the digital yuan; and establishing a digital yuan operations management center in Beijing, responsible for the construction, operation, and maintenance of the digital yuan system), and promote and accelerate the development of the digital yuan . On November 28, the People's Bank of China and 13 other departments jointly convened a meeting of the coordination mechanism for combating virtual currency trading and speculation. The meeting pointed out that due to various factors, virtual currency speculation has recently resurfaced, and related illegal and criminal activities have occurred frequently, posing new challenges to risk prevention and control. It emphasized that all units should deepen coordination and cooperation, continue to adhere to the prohibitive policy on virtual currencies, and persistently crack down on illegal financial activities related to virtual currencies. It clarified that stablecoins are a form of virtual currency , and their issuance and trading activities are also illegal and subject to crackdown. This has greatly disappointed those who believed that China would promote the development of RMB stablecoins and correspondingly relax the ban on virtual currency (crypto asset) trading. Therefore, China's policy orientation of accelerating the development of the digital yuan and resolutely curbing virtual currencies, including stablecoins, is now fully clear . Of course, this policy orientation remains highly debated both domestically and internationally, and there is no consensus among the public. So, how should we view this major policy direction of China? This article will first answer why China resolutely halted stablecoins; how to accelerate the innovative development of the digital yuan will be discussed in another article . There is little room or opportunity for the development of non-USD stablecoins. Since Tether launched USDT, a stablecoin pegged to the US dollar, in 2014 , USD stablecoins have been operating for over a decade and have formed a complete international operating system. They have basically dominated the entire crypto asset trading market, accounting for over 99% of the global fiat stablecoin market capitalization and trading volume . This situation arises from two main factors. First, the US dollar is the most liquid and has the most comprehensive supporting system of international central currencies, making stablecoins pegged to the dollar the easiest to accept globally. Second, it is also a result of the US's long-standing tolerant policy towards crypto assets like Bitcoin and dollar-denominated stablecoins, rather than leading the international community to strengthen necessary regulation and safeguard the fundamental interests of all humanity. Even this year, when the US pushed for legislation on stablecoins and crypto assets, it was largely driven by the belief that dollar-denominated stablecoins would increase global demand for the dollar and dollar-denominated assets such as US Treasury bonds, reduce the financing costs for the US government and society, and strengthen the dollar's international dominance. This was a choice made to enhance US support for dollar-denominated stablecoins and control their potential impact on the US, prioritizing the maximization of national interests while giving little consideration to mitigating the international risks of stablecoins. With the US strongly promoting dollar-denominated stablecoins, other countries or regions launching non-dollar fiat currency stablecoins will find it difficult to compete with dollar-denominated stablecoins on an international level, except perhaps within their own sovereign territory or on the issuing institution's own e-commerce platform. Their development potential and practical significance are limited . Lacking a strong ecosystem and application scenarios, and lacking distinct characteristics compared to dollar-denominated stablecoins, as well as the advantage of attracting traders and transaction volume, the return on investment for issuing non-dollar fiat currency stablecoins is unlikely to meet expectations, and they will struggle to survive in an environment of increasingly stringent legislation and regulation in various countries. The legislation on stablecoins in the United States still faces many problems and challenges. Following President Trump's second election victory, his strong advocacy for crypto assets such as Bitcoin fueled a new international frenzy in cryptocurrency trading, driving the rapid development of dollar-denominated stablecoin trading and a surge in stablecoin market capitalization. This not only increased demand for the US dollar and US Treasury bonds, strengthening the dollar's international status, but also brought huge profits to the Trump family and their cryptocurrency associates. However, this also posed new challenges to the global monitoring of the dollar's circulation and the stability of the traditional US financial system. Furthermore, the trading and transfer of crypto assets backed by dollar-denominated stablecoins has become a new and more difficult-to-prevent tool for the US to harvest global wealth, posing a serious threat to the monetary sovereignty and wealth security of other countries . This is why the United States has accelerated legislation on stablecoins, but its legislation is more about prioritizing America and maximizing American and even group interests, at the expense of the interests of other countries and the common interests of the world. After the legislation on US dollar stablecoins came into effect, institutions that have not obtained approval and operating licenses from US regulators will find it difficult to issue and operate US dollar stablecoins in the United States (for this reason, Tether has announced that it will apply for US-issued USDT). Stablecoin issuers subject to US regulation must meet regulatory requirements such as Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Terrorist Financing (FTC). They must be able to screen customers against government watchlists and report suspicious activities to regulators. Their systems must have the ability to freeze or intercept specific stablecoins when ordered by law enforcement agencies. Stablecoin issuers must have reserves of no less than 100% US dollar assets (including currency assets, short-term Treasury bonds, and repurchase agreements backed by Treasury bonds) approved by regulators, and must keep US customer funds in US banks and not transfer them overseas. They are prohibited from paying interest or returns on stablecoins, and strict control must be exercised over-issuance and self-operation. Reserve assets must be held in custody by an independent institution approved by regulators and must be audited by an auditing firm at least monthly and an audit report must be issued. This will greatly enhance the value stability of stablecoins relative to the US dollar, strengthen their payment function and compliance, while weakening their investment attributes and illegal use; it will also significantly increase the regulatory costs of stablecoins, thereby reducing their potential for exorbitant profits in an unregulated environment. The US stablecoin legislation officially took effect on July 18, but it still faces numerous challenges : While it stipulates the scope of reserve assets for stablecoin issuance (bank deposits, short-term Treasury bonds, repurchase agreements backed by Treasury bonds, etc.), since it primarily includes Treasury bonds with fluctuating trading prices, even if reserve assets are sufficient at the time of issuance, a subsequent decline in Treasury bond prices could lead to insufficient reserves; if the reserve asset structures of different issuing institutions are not entirely consistent, and there is no central bank guarantee, it means that the issued dollar stablecoins will not be the same, creating arbitrage opportunities and posing challenges to relevant regulation and market stability; even if there is no over-issuance of stablecoins at the time of issuance, allowing decentralized finance (DeFi) to engage in stablecoin lending could still lead to stablecoin derivation and over-issuance, unless it is entirely a matchmaking between lenders and borrowers rather than proprietary trading; getting stablecoin issuers outside of financial institutions to meet regulatory requirements is not easy, and regulation also presents significant challenges. More importantly, the earliest and most fundamental requirement for stablecoins is the borderless, decentralized, 24/7 pricing and settlement of crypto assets on the blockchain. It is precisely because crypto assets like Bitcoin cannot fulfill the fundamental requirement of currency as a measure of value and a value token—that the total amount of currency must change in line with the total value of tradable wealth requiring monetary pricing and settlement—that their price relative to fiat currency fluctuates wildly (therefore, using crypto assets like Bitcoin as collateral or strategic reserves carries significant risks), making it difficult to become a true circulating currency. This has led to the development of fiat stablecoins pegged to fiat currencies. (Therefore, Bitcoin and similar crypto assets can only be considered crypto assets; calling them "cryptocurrency" or "virtual currency" is inaccurate; translating the English word "Token" as "币" or "币" is also inappropriate; it should be directly transliterated as "通证" and clearly defined as an asset, not currency.) The emergence and development of fiat-backed stablecoins have brought fiat currencies and more real-world assets (RWAs) onto the blockchain, strongly supporting on-chain cryptocurrency trading and development. They serve as a channel connecting the on-chain cryptocurrency world with the off-chain real-world, thereby strengthening the integration and influence of the cryptocurrency world on the real world. This will significantly enhance the scope, speed, scale, and volatility of global wealth financialization and financial transactions, accelerating the transfer and concentration of global wealth in a few countries or groups. In this context, failing to strengthen global joint regulation of stablecoins and cryptocurrency issuance and trading poses extremely high risks and dangers . Therefore, the surge in stablecoin and cryptocurrency development driven by the Trump administration in the United States has already revealed a huge bubble and potential risks, making it unsustainable. The international community must be highly vigilant about this! Stablecoin legislation could severely backfire on stablecoins. One unexpected outcome of stablecoin legislation is that the inclusion of fiat-backed stablecoins in legislative regulation will inevitably lead to legislative regulation of crypto asset transactions denominated and settled using fiat-backed stablecoins, including blockchain-generated assets such as Bitcoin and on-chain real-world assets (RWA). This will have a profound impact on stablecoins. Before crypto assets receive legislative regulation and compliance protection, licensed financial institutions such as banks find it difficult to directly participate in crypto asset trading, clearing, custody, and other related activities, thus ceding opportunities to private organizations outside of financial institutions. Due to the lack of regulation and the absence of regulatory costs, existing stablecoin issuers and crypto asset trading platforms have become highly profitable and attractive entities, exerting an increasing impact on banks and the financial system, forcing governments and monetary authorities in countries like the United States to accelerate legislative regulation of stablecoins. However, once crypto assets receive legislative regulation and compliance protection, banks and other financial institutions will undoubtedly participate fully. Payment institutions such as banks can directly promote the on-chain operation of fiat currency deposits (deposit tokenization), completely replacing stablecoins as a new channel and hub connecting the crypto world and the real world . Similarly, existing stock, bond, money market fund, and ETF exchanges can promote the on-chain trading of these relatively standardized financial products through RWA (Real-Time Asset Exchange). Having adequately regulated financial institutions such as banks act as the main entities connecting the crypto world and the real world on the blockchain is more conducive to implementing current legislative requirements for stablecoins, upholding the principle of "equal regulation for the same business" for all institutions, and reducing the impact and risks of crypto asset development on the existing monetary and financial system. This trend has already emerged in the United States and is rapidly intensifying, proving difficult to stop . Therefore, stablecoin legislation may seriously backfire on or subvert stablecoins ( see Wang Yongli's WeChat public account article "Stablecoin Legislation May Seriously Backfire on Stablecoins" on September 3, 2025 ). In this situation, it is not a reasonable choice for other countries to follow the US lead and vigorously promote stablecoin legislation and development. China should not follow the path of stablecoins taken by the United States. China already has a leading global advantage in mobile payments and the digital yuan. Promoting a stablecoin for the yuan has no advantage domestically, and it will have little room for development and influence internationally. It should not follow the path of the US dollar stablecoin, but should instead focus on promoting the development of stablecoins for the yuan, both domestically and offshore. More importantly, crypto assets and stablecoins like Bitcoin can achieve 24/7 global trading and clearing through borderless blockchains and crypto asset trading platforms. While this significantly improves efficiency, the highly anonymous and high-frequency global flow, lacking coordinated international oversight, makes it difficult to meet regulatory requirements such as KYC, AML, and FTC. This poses a clear risk and has been demonstrated in real-world cases of being used for money laundering, fundraising fraud, and illegal cross-border fund transfers. Given that US dollar stablecoins already dominate the crypto asset trading market, and the US has greater control or influence over major global blockchain operating systems, crypto asset trading platforms, and the exchange rate between crypto assets and the US dollar (as evidenced by the US's ability to trace, identify, freeze, and confiscate the crypto asset accounts of some institutions and individuals, and to punish or even arrest some crypto asset trading platforms and their leaders), China's development of a RMB stablecoin following the path of US dollar stablecoins not only fails to challenge the international status of US dollar stablecoins but may even turn the RMB stablecoin into a vassal of US dollar stablecoins. This could impact national tax collection, foreign exchange management, and cross-border capital flows, posing a serious threat to the sovereignty and security of the RMB and the stability of the monetary and financial system. Faced with a more acute and complex international situation, China should prioritize national security and exercise high vigilance and strict control over the trading and speculation of crypto assets, including stablecoins, rather than simply pursuing increased efficiency and reduced costs . It is necessary to accelerate the improvement of relevant regulatory policies and legal frameworks, focus on key links such as information flow and capital flow, strengthen information sharing among relevant departments, further enhance monitoring and tracking capabilities, and severely crack down on illegal and criminal activities involving crypto assets. Of course, while resolutely halting stablecoins and cracking down on virtual currency trading and speculation, we must also accelerate the innovative development and widespread application of the digital yuan at home and abroad, establish the international leading advantage of the digital yuan, forge a Chinese path for the development of digital currency, and actively explore the establishment of a fair, reasonable and secure new international monetary and financial system . Taking into account the above factors, it is not difficult to understand why China has chosen to resolutely curb virtual currencies, including stablecoins, while firmly promoting and accelerating the development of the digital yuan.