MODA DAO Gitbook
  • Overview
  • Getting Started
  • Our Mission
  • The DAO
  • People of MODA
  • Backers and Partners
  • DAO Structure
  • Governance Surface
    • $MODA for Governance
    • Snapshot and Previous Proposals
    • Music Ecosystem Fund
    • Future of MODA's Governance
  • Tokenomics
    • $MODA Token
    • Staking and Rewards
  • Products
    • The Audio Fingerprint
    • Music3 Services
    • V3RSE
  • MODA's Original Litepaper
  • Community
  • Disclaimers
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  1. Tokenomics

$MODA Token

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Last updated 2 years ago

The $MODA token's primary use case is as a membership and DAO voting token; - it represents a holders access to the DAO and its privileges.

$MODA membership and governance will enable holders to interact with Music3 technology, apply for grants, access MODA in the metaverse, mint music NFTs and vote on proposals.

Music3 Technology

  • Smart Contracts for Audio NFTs

  • Minting music NFTs

Metaverse

  • Events in V3RSE (Decentraland Bespoke Nightclub)

  • Events in Sandbox (coming soon)

Artist Grants

  • Covering gas costs for NFT minting

  • Grant Funding

Governance

  • Voting on Snapshot proposals

  • Creating Snapshot proposals

MODA is for anyone who creates or consumes content in the Web3 world.