MATT

Purpose and Utility

MATT is a cryptocurrency created by Milady Maker NFT ecosystem founder Charlotte Fang. It serves as a community token for the broader Milady NFT ecosystem, including the Milady NFT collection and its associated communities.

Business Model and Operations

The token operates on the Ethereum blockchain and functions primarily as a governance and utility token for the Milady ecosystem. It allows holders to participate in community decisions and provides access to certain ecosystem features.

Real-World Adoption

The token has seen adoption primarily within the Milady NFT community, with trading occurring on decentralized exchanges like Uniswap. The token involves actual ownership transfer and real utility within its ecosystem.

Development Activity

The project maintains active development and community engagement through various social media channels and community platforms. The ecosystem continues to expand with new features and integrations being developed.

Token Distribution

The token was distributed through a fair launch mechanism, with no pre-mine or founder allocation. This distribution model suggests a lower risk of founder enrichment schemes.