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.

Although $MOD is the currency for querying Smart DAO's, the query cost is set by Smart DAO's in a dollar value. This means the amount of $MOD tokens required for accessing services can vary as the token price fluctuates against a dollar value.

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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.

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