Tokenomics

$MYNT are the on-chain fungible utility tokens for the NFT Viking ecosystem. Any functioning universe will develop its own economy, and the $MYNT token will help this economy flourish.

$MYNT is not meant to act as real currency. 1 $MYNT = 1 $MYNT.

The word "mynt" is an obvious reference to what NFT degens do on a daily basis, but it is also the Old Norse (and Icelandic) word for "coin".

Ticker

$MYNT

Max Supply

7,930,000

Time to Max Supply

10 Years

Decimals

8

Why Utility Token?

The most fundamental question is whether we need a utility token at all. Most NFT projects could technically just use the most beloved and common on-chain token we all use: ADA. That's why it's important to explain why we will be using $MYNT in our ecosystem:

• Provide tangible utility attached to $MYNT

• Increased flexibility with community events and rewards

• Opportunity for innovation, partnerships, and other ventures

• Incentives for the team to provide utility for community members

Trial Period

Although max supply and general allocation mechanics are in place, we recognize that our tokenomics cannot be fully determined in detail until we have a better understanding of our economy in action.

For this reason, we will use the first 8 weeks after the Cyber Vikings mint to fine-tune our tokenomics, before releasing another major update with those details.