MODA DAO is a technology and human network dedicated to creating a highly functional framework for the next iteration of the music industry via Web3. We call it 'Music3' and you are invited to help. MODA can see a paradigm shift coming to the music industry, one that will use Web3 technologies to improve legacy systems.
We believe that value in the music industry supply chain should flow to those who most deserve it; the creators, their loyal teams and the passionate superfans who follow them. MODA will bring that belief to life.
The foundational mechanic of MODA is the $MODA token.
Prior to launch of MODA's network and suite of products, $MODA holders may be able to provide input on where resources are directed, and stake $MODA to access the liquidity mining program (a type of 'yield farming' that has become popular with DeFi protocols where the founding members seek to decentralize the governance of the protocol).