$MONA in the ESPA Esports Ecosystem | The Designer, Developer, Player Token for the Player-Creator Economy
What is $MONA?
$MONA is the native ERC-20 utility token for the DIGITALAX ecosystem.
Through ESPA, the core utility and use case for $MONA is marked. $MONA is both the income stream for the Designers, Developers and Players and the ESPA and DIGITALAX ecosystem’s governance token.
$MONA is the gas that ties together a triad of interdependence between Players, Developers and Designers in a world that is merging the digital and real.
It links between the DIGITALAX Digital Fashion Marketplace and ESPA Casual Play platform.
- $MONA is used to purchase the digital fashion items listed on the DIGITALAX marketplace.
- Players use the DIGITALAX marketplace as their changing room — the digital fashion assets are their unique identity markers and in-game authenticators for logging their scores across the Esports battles.
- Players choose their content and start competing in the Esports battles, where winning Players earn $MONA as an income stream.
- Indie developers and modders showcase their content on ESPA for Esports battles.
- The $MONA from sales in the DIGITALAX marketplace are split between the digital fashion designers, indie developers/mods, winning players, $MONA token holders, Genesis MONA NFT holders and the Treasury.
- The $MONA put towards the treasury is used for R&D and Operational expenses.
- Holding $MONA allows the ecosystem participants to vote on proposals in the ecosystem, like the distribution % split of profits from the marketplace, vote on R&D, protocol development etc.