🪙MXM
MXM is the governance token of the MixMob Ecosystem. MXM is a multi-functional token which, amongst other things, will be used as the medium of exchange between participants on MixMob in a decentralized manner.
MXM holders have three main benefits:
Spending to access ecosystem activities - As the native platform currency, MXM may be utilized to pay for entry fees to participate in Arenas. The best performing racers would be eligible to win a portion of the reward pool each time they win a race.
Access and eligibility to participate in ecosystem activities - By actively engaging within the ecosystem (based on objective markers such as play-time and in-game achievements), users would be able to earn MXM tokens from the MixMob reward pools.
Referral rewards - Users which refer other new players to their Arenas (or generally to the game) would be able to receive SUD$ & MXM.
Governance - MXM would allow holders to propose and vote on governance proposals to determine future features, upgrades and/or parameters of MixMob, such as the future and rules of the MXM League. Where crypto protocols use the governance token to mainly make suggestions for tech designs and token deployment, in MixMob, the MXM token is core to the gamer ethos. It allows holders to make decisions for the MXM League. This includes, but is not limited to, the formation of teams, tournament structures, and prize pools.
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