Introduction
Last updated
Last updated
Disclaimer: this is a living document. All information in this Gitbook is subject to change and may be outdated. Make sure to confirm any important information with other trusted sources.
Muse spurs innovation in crypto. It allows dreamers to share their idea with the industry and get paid for it without any execution. It allows degens to be the first into the next big thing without scams and predatory trading. It allows devs to build new ideas only after they know the market is excited about it, and to get paid for doing so regardless of the product's success.
Muse clears all of the roadblocks to innovation that exist today. It unleashes all of the ideas the industry has, lets the market judge which is best, and entices builders to bring those to life.
It eliminates speculation on a product before an MVP is live, ensures crypto trading is about funding a real product rather than shuffling money between degens, and creates a PvE trading environment so communities focus on creating a successful product rather than only a successful token.
Muse coins start as a simple Tweet. The dreamer tweets the description, requirements, potential, and token utility of a product they’ve been thinking about but don’t have the time, expertise, or resources to act upon.
This idea is launched as an token on muse.markets. Degens begin trading this idea. As trading continues, dex fees gather into a pot. The trading signals to a dev that this idea is worth their time, and the pot acts as guaranteed compensation for building. A dev will apply, the community of tokenholders approves them to build, the dev builds and submits a finished product, the community of tokenholders approves the final product.
Once an idea has been built and the community agrees all requirements were met, the token graduates out of its Only Up phase and traditional trading begins. The builder is given the fees in the pot, they’re assigned to gain ongoing trading fees of the token, they’re given 2% of total supply, and the dreamer is given 0.5% of the total supply.
Now there’s a legitimate product live and the token is tradable as we’re used to. There’s a community around the product who have stuck by it since it was just an idea. They’re invested and want to do what they can to help it succeed. There’s a developer who has received cash and tokens for building, and will continue to receive ongoing trading fees if they stick with the project. From there on out it’s up to the product to win.
Go think and tweet your idea. Go trade and champion an idea. Go build and grow an idea. It’s time for a change.