What is MOODENG’s token economics model?

What is MOODENG's Token Economics Model?

MOODENG, a blockchain-based platform for connecting blockchain projects and community members, utilizes a robust token economics model centered around its native token, MOOD. This model plays a crucial role in maintaining the platform's ecosystem and incentivizing its users.

Understanding MOODENG's Token Economics

To fully grasp the significance of MOODENG's token economics, it is essential to delve into its token allocation, token utility, and governance mechanisms:

1. Token Allocation

MOODENG's token allocation is designed to ensure a fair and equitable distribution of MOOD tokens among various stakeholders in the ecosystem. The total token supply is set at 10 billion tokens, with the following allocation:

• Ecosystem Reserve: 30%
• Team and Advisors: 12% (vesting period of 24 months)
• Private Sale: 18%
• Public Sale: 15%
• Marketing and Partnerships: 10%
• Staking and Rewards: 10%
• Liquidity Mining: 5%

2. Token Utility

Governance: MOOD holders can participate in the governance of the MOODENG platform by voting on proposals related to platform development, feature updates, and ecosystem decisions.

Transaction Fees: MOOD is used as the primary currency for paying transaction fees on the MOODENG platform. These fees cover network upkeep, transaction processing, and dispute resolution costs.

Staking: MOOD token holders can stake their tokens to contribute to the platform's security and earn rewards. Staking allows participants to receive a portion of the network's block rewards, contributing to the overall stability and decentralization of the ecosystem.

Rewards: MOODENG incentivizes ecosystem participation by rewarding users for contributions such as content creation, community engagement, and node operation. These rewards are distributed in the form of MOOD tokens, fostering user engagement and growth.

3. Governance Mechanisms

MOOD Council: The MOOD Council is a decision-making body comprised of token holders elected by the community. The Council's primary responsibility is to steer the direction of the MOODENG platform and ensure its long-term growth and sustainability.

Referendum Voting: MOOD token holders can propose changes to the platform or its governance structure through the submission of referendum proposals. These proposals are then subject to a vote by the community, and changes are implemented if approved.

Treasury Management: The MOODENG Treasury is responsible for managing the platform's financial resources, including the allocation of funds for development, marketing, and ecosystem growth initiatives. The Treasury is overseen by the MOOD Council and subject to community auditing.

By implementing a comprehensive token economics model, MOODENG creates an ecosystem where stakeholders are incentivized to contribute to the platform's growth and success. The allocation, utility, and governance mechanisms ensure a balanced and sustainable ecosystem that fosters community involvement and rewards active participation.