- Torna al menu
- Torna al menuPrezzi
- Torna al menuRicerca
- Torna al menuConsenso
- Torna al menu
- Torna al menu
- Torna al menu
- Torna al menuWebinar ed Eventi
Muse DAO
About Muse DAO
Muse DAO (MUSE) is the governance token of the NFT20 dex, a decentralized platform for trading non-fungible tokens (NFTs). $MUSE holders influence the dex's decisions and direction. A significant feature is the distribution of 5% transaction fees from NFT20, paid in ERC20 tokens from various NFT projects, providing holders with exposure to the NFT market. This mechanism also acts as a hedge against NFT market volatility. Rebranded from Muse to Muse DAO on November 21, 2021, it was co-founded by Adam, a serial indie maker, and Jules, a full-stack developer with a background in smart contract freelancing. Jules, who co-founded DAppBoard and worked at Consensys, brought expertise in DEX platform and smart contract analytics, contributing to Muse DAO's development.
Muse DAO (MUSE) is a cryptocurrency primarily serving as the governance token for the NFT20 dex, a decentralised exchange platform for non-fungible tokens (NFTs).
The $MUSE token, integral to the NFT20 decentralized exchange (dex), serves multiple purposes. Firstly, it grants governance rights, enabling holders to influence the dex's future decisions and direction. A key feature of $MUSE is its role in fee distribution; holders are entitled to a share of the 5% transaction fees collected by NFT20, paid in ERC20 tokens from various NFT projects like Doki Doki, NodeRunners, Chonker, and potentially more in the future. Additionally, holding $MUSE provides users with a broad and dynamic exposure to the NFT market, as the fees are returned in the form of ERC20 tokens linked to these projects. Lastly, $MUSE serves as a hedge against the NFT industry's volatility, offering a long-term strategy to mitigate market fluctuations.