How to use MCX?
With the launch of Machi X, the Machi X token — MCX is also created.
MCX is a platform utility token that will be used as the primary currency pair for intellectual properties listed on Machi X. In addition, MCX can be used for :
1. Trading fee discounts
By using MCX, holders will receive trading fee discounts on Machi X.
2. Community voting
MCX will be used as the token for community voting on Machi X. Several different commenting voting will be held. For example, holders can vote for their preferred creators to support them to tokenize their intellectual properties with discount or even for free.
3. Access to VIP services
Machi X provides a platform to share value to their supporters when they list their copyright tokens on Machi X. Value can be shared to holders in the form of special utility rights. The VIP services are only available with the use of MCX.
Some examples of these special utility rights may include:
- Access to pre-release songs, if the intellectual property listed is a music artists
- First hand updates on creators
4. More to come!
Machi X team is working on more usage of MCX, stay alert and follow our Medium and Twitter @MachiXOfficial for the latest news!