Mogul Productions STARS Price $ 0.00507

Decentralized Film Financing. Giving Everyone a Voice in the Filmmaking Process.

Token Use Cases:

Access: to access the Mogul platform / network, users must have a minimum wallet balance of 1 STARS token

Governance

• STARS holders will govern aspects of the Mogul platform
• 5% of profits accruing from Mogul-produced films are shared with an escrow pool. The usage of the funds will be governed by STARS holders

Voting:

• STARS tokens will be used to vote on which movies are going to be funded in the Showcase; users will stake their STARS to vote on a specific film. To encourage voting, voters will collectively claim STARS tokens after the voting round according how long they voted for the project (i.e. if the voting period was 14 days, there were 1m STARS tokens to be distributed to voters, and a user had 1% of all Voting Shares, the user would get 10k STARS tokens that would be claimable after the voting round — these tokens come from the Ecosystem Development Fund)

In-App Currency: STARS tokens are used to pay for specific in-platform actions. STARS are burnt after use for in-platform actions and removed from the circulating supply of tokens

• Submitting a project
• Purchasing a reward
• Access Pass NFT holders have access to purchasing higher tiers of rewards within the platform
• More to be added in the future