Core Concepts

Mytho is a platform where communities create and grow digital tokens called totems. These tokens represent ideas, cultures, or groups and come with unique features that make Mytho different.

Totems: A totem is a token for your community. It represents a group united by an idea—like a fanbase for a philosophy or a subculture. You can create a new totem from scratch for free, or use an existing token (like ASTR or ETH) or even an NFT as your totem. It’s a way to give your community a digital identity.
Content Layers: Content layers are posts on a totem’s page, similar to social media updates. They can be anything—memes, videos, articles, or images. Anyone in the community can add a layer, not just the creator. Each layer builds the totem’s story and value. Technically, a layer is an NFT.
Merit System: The Merit system rewards totems for the collective efforts of their community members. When someone adds a layer, for example, the totem earns Merit points. Every month, these points turn into MYTHO tokens and go to the totem’s treasury. It’s about growing the totem through community effort.
Totem Treasury: Every totem has a treasury—a pool of MYTHO tokens it collects over time. The totem earns these tokens by converting Merit points each month. The community votes on how to use this treasury—like rewarding members or boosting the totem’s visibility inside the platform.
Community Governance: Governance lets the community control the totem. Members vote on things like spending the treasury or changing community rules. It’s a system where the group decides together, keeping everything fair and transparent.
MYTHO Token: MYTHO is the platform’s currency. Totems get MYTHO from Merit conversions, and the community decides how to use it. You can also use MYTHO to buy totems, stake it for a part of Mytho revenue.
Shard Tokens: Shard Tokens are extra rewards which are awarded to community members (not totems) for interacting with layers. You earn them by creating a layer or boosting one by locking totem tokens. They can be swapped for perks like badges or MYTHO staking boosts, and they burn when used.
Layer Boosting: Boosting is when you lock totem tokens to promote a layer, making it more visible inside the Mytho platform. The more tokens you lock, the bigger the boost. It earns you Shards and helps the totem stand out.
Mythum: Mythum is a special week at the end of each month. Actions like adding layers or boosting earn 1.5x Merit points for the totem, and everyone can add a free Merit boost once. It’s a time to push the totem forward.

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Last updated 25 days ago

Core Concepts

Mytho is a platform where communities create and grow digital tokens called totems. These tokens represent ideas, cultures, or groups and come with unique features that make Mytho different.

Totems: A totem is a token for your community. It represents a group united by an idea—like a fanbase for a philosophy or a subculture. You can create a new totem from scratch for free, or use an existing token (like ASTR or ETH) or even an NFT as your totem. It’s a way to give your community a digital identity.
Content Layers: Content layers are posts on a totem’s page, similar to social media updates. They can be anything—memes, videos, articles, or images. Anyone in the community can add a layer, not just the creator. Each layer builds the totem’s story and value. Technically, a layer is an NFT.
Merit System: The Merit system rewards totems for the collective efforts of their community members. When someone adds a layer, for example, the totem earns Merit points. Every month, these points turn into MYTHO tokens and go to the totem’s treasury. It’s about growing the totem through community effort.
Totem Treasury: Every totem has a treasury—a pool of MYTHO tokens it collects over time. The totem earns these tokens by converting Merit points each month. The community votes on how to use this treasury—like rewarding members or boosting the totem’s visibility inside the platform.
Community Governance: Governance lets the community control the totem. Members vote on things like spending the treasury or changing community rules. It’s a system where the group decides together, keeping everything fair and transparent.
MYTHO Token: MYTHO is the platform’s currency. Totems get MYTHO from Merit conversions, and the community decides how to use it. You can also use MYTHO to buy totems, stake it for a part of Mytho revenue.
Shard Tokens: Shard Tokens are extra rewards which are awarded to community members (not totems) for interacting with layers. You earn them by creating a layer or boosting one by locking totem tokens. They can be swapped for perks like badges or MYTHO staking boosts, and they burn when used.
Layer Boosting: Boosting is when you lock totem tokens to promote a layer, making it more visible inside the Mytho platform. The more tokens you lock, the bigger the boost. It earns you Shards and helps the totem stand out.
Mythum: Mythum is a special week at the end of each month. Actions like adding layers or boosting earn 1.5x Merit points for the totem, and everyone can add a free Merit boost once. It’s a time to push the totem forward.

PreviousWelcome!NextTotems

Last updated 25 days ago