Economics
The $MOD token is central to the functioning of the Modus ecosystem, designed with multiple utilities that drive engagement, contribution, and governance. $MOD tokenomics are crafted to support growth, reward contributions, and ensure the decentralized governance of autonomous companies.
Utilities
Governance: Token holders have voting rights on key decisions within the DAO, including changes to the framework, adoption of new technologies, and allocation of community funds.
Access to Services: Users spend $MOD tokens to query the multiagent LLM's in every Smart DAO's within the Modus ecosystem.
Rewards and Incentives: Contributors, including developers and AI model trainers, receive $MODUS tokens as compensation for their efforts.
Revenue Generation
Modus facilitates various mechanisms for revenue generation, critical for sustaining operations and incentivizing stakeholders:
Transaction Fees: Small fees are charged for transactions within the Modus ecosystem, including Smart DAO creation and services.
Service Fees: Autonomous entities built on Modus charge for specialized inference, generating revenue in $MOD tokens.
Partnership and Integration Fees: Fees may be incurred for integration with external services or partnerships that enhance the Modus ecosystem's capabilities.