# Token Utility

The $MYAI token is the core asset within the Myusic AI ecosystem, facilitating payments, governance, and rewards.\


* **Minting Music NFTs** – Used to create on-chain music assets.
* **Transaction Fees** – Required for NFT sales, licensing, and smart contract execution.
* **Access to Advanced AI Tools** – Premium AI features require token payments.
* **Royalty Distribution** - Ensures fair revenue sharing via blockchain automation.
* **Staking & Governance** – Holders can stake tokens to earn rewards and vote on platform changes.
