Myax Whitepaper v1.15
  • Executive Summary
  • Myax
    • Market Potential & Opportunity
    • Beta Release
    • Platform
      • NFT Staking & Ecosystem Sustainability
  • Token
    • Myax Token ($MYAX)
      • Technical Details
      • Utilities
      • Sustainability & Revenue Streams
      • Tokenomics
  • Roadmap
  • Marketing Plan
    • Pre-listing Anticipation Build-up
    • Exchange Listings Proliferation
    • Staking Engagement
    • Platform Release Outreach
    • NFT Staking Drive
    • Deflationary Mechanism & Market Confidence
    • Governance & Community Participation
  • Advisors and Partners
    • Advisors
    • Partners/Backers
  • Team
    • Team
      • Founder Team
      • Production Team
  • Links
  • Legal Notices
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  1. Token
  2. Myax Token ($MYAX)

Utilities

  1. Fashion NFT Mint & Purchases: Tokens can be used to mint & purchase Fashion NFTs on our platform.

  2. Staking: Holders can stake their MYAX tokens or specific NFTs to earn rewards, further deepening their engagement with the platform.

  3. Platform Fees & Commissions: Transactions within the platform, such as NFT listings or trades, utilize MYAX tokens.

  4. Governance (Future Utility): As the platform evolves, MYAX token holders might have a say in the future development direction, ensuring a democratized and user-centric evolution. Given the varied utilities and the robust tokenomic model, the $MYAX token is positioned not just as a medium of exchange, but as a cornerstone of the platform's ecosystem, fostering engagement and growth.

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Last updated 1 year ago