MCB is a functional multi-utility token which will be used as the native governance token and economic incentive
MCB token are an integral part of the MCB platform to incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the MCB platform. Rewards will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the MCB platform, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts.
Here are some potential utilities of MCB tokens
Governance
Holders of MCB tokens can have voting rights to participate in the decision-making process for the platform's development and future upgrades.
Discounted Fees
MCB token holders can receive discounts on transaction fees for using the platform's services, including the launchpad, NFT marketplace, e-commerce, and other modules.
Reward Pool and Loyalty
The platform can offer rewards and incentives to MCB token holders for actively using and engaging with the platform's services, such as participating in community events, referring new users, and staking their tokens.
Token Burns and Buy Back
The platform can periodically burn a portion of MCB tokens, reducing the total supply and increasing the token's scarcity and value.
Payment Method
MCB tokens can be used as a payment method on the platform's e-commerce module, allowing customers to purchase products using their tokens.
Staking and Farming
MCB tokens can be staked or used in liquidity pools for yield farming, allowing holders to earn additional tokens as a reward for contributing to the platform's ecosystem.
Access and Privileges
MCb token holders can receive exclusive access to the platform's features and services, as well as early access to new product launches and events.
