# $MGOD

### $MGOD Token Utility

* Can be staked on the MetaGods DApp to earn rewards over time.
* Governance token, $MGOD holders can participate in governance decisions of the platform, using a DAO structure. Holders will also vote on the Game Direction. 
* Medium of exchange in marketplace transactions.
* Used to mint generative art NFTs or purchase LAND. (future development)
* Used as entry fee to enter special Dungeon raids, PvP tournaments or other exclusive events.

### Token Allocation

The maximum supply of $MGOD is 500,000,000. The tokens are distributed throughout multiple vesting periods and the percentage determines the budget allocated. 

![](https://1359118999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FEKPKwKyLjwXUlj2GAF6q%2Fuploads%2FkFw62dIYWLYvmAYutdCX%2Fmgodtokenomics.png?alt=media\&token=1d8ff887-6cba-4b50-8776-1c1d2cc1cdfa)