Frequently Asked Questions

MAGNE.AI is a Web3-native AI smartphone and blockchain infrastructure project. It combines secure mobile hardware, MAGNE L1 (the base blockchain network), M Hash L2 (the Layer 2 scaling network), and DePIN (decentralized physical infrastructure network) compute participation into one unified ecosystem.

MAGNE.AI is an integrated project that spans all three areas:

• Hardware: MAGNE.AI Phone Gen1 is a smartphone designed for digital asset ownership and secure Web3 access.

• Blockchain: MAGNE L1 and M Hash L2 provide the decentralized infrastructure layer.

• AI + DePIN: Future device-based participation programs will enable AI compute contribution and network participation.

The project is designed to integrate these components into one seamless ecosystem.

MAGNE.AI Phone Gen1 is designed as a Web3-native AI smartphone integrating hardware-secured wallet access, dual-space architecture, NFC encrypted asset backup, Android 15, Google GMS compatibility, and privacy-sensitive on-device AI workflows.

• Hardware-secured wallet with TEE and CC EAL6+ secure element architecture

• Private dual-space system that separates Web2 and Web3 environments

• NFC encrypted asset backup via the HYPERSEED 72B NFC Backup Card

• Android 15 operating system with Google GMS compatibility

• On-device AI capabilities with privacy-sensitive workflows

Full specifications and availability information will be announced through official channels.

MAGNE L1 is the EVM-compatible base blockchain network designed for native Web3 applications, asset ownership, and ecosystem coordination. The testnet is currently live.

M Hash L2 is an OP Stack-based Layer 2 network designed for scalable smart contract execution, lower transaction costs, and developer experimentation. The testnet is currently live.

Both networks are in testnet phase. Mainnet launch is in planning and development.

No. Both MAGNE L1 and M Hash L2 are currently operating on testnet. The mainnet is in planning and development. Specific timelines for mainnet launch will be announced through official channels when confirmed.

Testnet parameters may change. Do not use testnet endpoints for production purposes.

$MHA is described as the planned native utility token of the MAGNE.AI ecosystem. Described utility includes:

• Gas: Transaction fees on MAGNE L1 and M Hash L2

• Staking: Participation in network validation (subject to governance rules)

• Governance: On-chain voting for protocol upgrades and ecosystem decisions

• Future utility: Device incentives, AI compute participation, and ecosystem access (in development, subject to governance approval)

No. MAGNE.AI does not guarantee any token rewards, income, profit, liquidity, exchange listing, or token value.

Any future device-based participation, incentive, staking, or governance-related program will be subject to:

• Governance-approved rules

• Technical availability

• Eligibility requirements

• Applicable terms

• Regulatory considerations

Token-related information is for technical and ecosystem communication only and does not constitute investment advice.

Future device-based participation programs will be governed by on-chain governance mechanisms. Key aspects include:

• Governance participants may vote on program parameters once the relevant governance mechanisms are launched.

• Allocation and distribution rules will be subject to governance approval

• Technical implementation will depend on mainnet launch and network readiness

• Program details are subject to change based on governance decisions and regulatory requirements

All legal documents, archived materials, and disclosures are available in our Transparency Center, including:

• Archived Whitepaper V1.0

• Legal Opinion from GS LEGAL LLC

• Smart Contract Audit Reports (in progress)

• Token Disclosure

• Risk Disclosure

• Forward-Looking Statement

The archived whitepaper and legal opinion are provided for historical transparency only. They were issued based on materials reviewed at the time of issuance.

These documents should not be interpreted as a legal endorsement of:

• Subsequent website updates

• Future product features

• Token market activity

• Third-party decisions

For current documentation and due diligence, please refer to the Transparency Center or contact us directly.

Developers can access:

• Network configuration for MAGNE L1 Testnet (Chain ID: 20250810)

• Network configuration for M Hash L2 Testnet (Chain ID: 20250827)

• Quickstart guides and code examples

• Block explorers and developer tools

Visit our Developer Hub for full documentation.

For partnership inquiries, exchange listings, legal questions, or institutional due diligence requests, please contact us through official channels:

• Visit our Contact Page

• Telegram: @MagneAI

• Twitter/X: @Magne_Ai

No. It is referenced as a separate external community campaign. It is not part of the Agent Pay developer demonstration, testnet evidence, mainnet launch proof or MHA token issuance disclosure.