MOONSHIFT Token White Paper

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Introduction
MoonShifter (MOONSHIFT) is the governance token for the MoonShifter DAO, controlling MoonShifter Records, MoonShifter Publishing, MoonShifter Productions, and all future MoonShifter Affiliates.

The token will be on both the Hive and Ethereum networks. Hive was chosen for its social and community benefits, and Ethereum was chosen to make the token more accessible. DAO community actions will be largely focused on the Hive Network, whereas the Ethereum token will be mostly used for accessibility and to provide an easy way in and out for token holders. There will be a bridge for the MOONSHIFT tokens so they can be easily traded for their Hive and Ethereum equivalents when needed by token holders.

MOON Token.png

Technical Details
MOONSHIFT will be used to vote on DAO polls to drive the MoonShifter brands in the way the token holders see fit. The MoonShifter DAO seeks to give every member an equal voice by allowing them to vote with these utility tokens. They can also be used for trading, but this is a secondary use-case.

Tokenomics
There will be a total supply of 30,000 MOONSHIFT tokens. This will include a total supply of 10,000 MOONSHIFT tokens on the Ethereum network, and 20,000 MOONSHIFT tokens on the Hive network.

The tokens on the Hive network will be distributed as follows:
50% (10,000 tokens) will be placed in a bridge wallet that will be used for 1:1 bridging with the Ethereum tokens.

20% (4,000 tokens) will be reserved for the founders.

20% (4,000 tokens) will be airdropped via promotional posts on Hive via PeakD.

10% (2,000 tokens) will be listed on Hive Engine/TribalDEX for purchase for those users who do not receive airdrops. They will be listed for ~$0.01 or roughly 0.03 Hive each.

The tokens will be distributed on Ethereum network as follows:
70% (7,000 tokens) will be placed in a bridge wallet to be used for 1:1 bridging with the Hive tokens.

20% (2,000 tokens) will be reserved for the founders.

10% (1,000 tokens) will be listed on Ethereum DEX’s (TBD) for users to access via Ethereum. They will be listed for ~$0.01 or roughly 0.0000054 ETH each.

Airdrops
4,000 MOONSHIFT hive tokens will be airdropped to users via promotional posts, giveaways, and contests on PeakD.

DAO Polls
MoonShifter DAO polls will be conducted via TribalDEX DAO Token Funds on Hive Engine. We reserve the right to relocate some or all DAO polls to Ethereum at a later date, if needed, but the goal is to conduct these exclusively on Hive.

Effective Date
MOONSHIFT tokens will be minted on the Hive Network and dispersed according to the above Tokenomics by late August 2023. MOONSHIFT tokens will be minted on the Ethereum Network and dispersed according to the above Tokenomics by the end of 2023. The bridge will be put into effect in Q1 2024.

MOON Token (Video) (2).jpg

moonshifter moonshift dao token hive music publishing rewards ethereum eth
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10 comments
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really nice troject except the founder share, 6K token of the total of 30'000 token that's like 20% of total supply, once you have the founder share burn or airdrop a bit of it, or it might scare investor if oneday the project price go to 1$. Still i bought like 50 moonshifter LFG, if you make a tag list add me in, if you look for a parthner ship i have token called earn token this could lead to some possibility

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Thanks for the comment and I really appreciate the concern you brought up. MOONSHIFT is primarily a DAO voting token rather than meant to be a speculative asset (although it being a cryptocurrency may make that an inevitability) so the only reason for the 20% founder share is for a majority stake in what is a decentralized artist collective "company" and not meant to be a backdoor buy-out, but we do understand that concern and will look into the possibility of burning some of this supply to ease any anxiety this may cause for users. Perhaps that could be one of our first DAO proposals once that mechanism is setup.

As far as a partnership, we would love to hear more on this!

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Earn token main project is the account @earn.vote a delegate2earn account, delegate and get earn token weekly and pepe token too our parthner, since we have to use our voting power to make delegator rewards and you aim to be a music project, as an example the parthnership could be that we use a share of @earn.vote voting power to vote for the music artisit you parthner an in exchange we could get some moonshift dao token (a share for the project and a share to give back to our delegator) and in the future something else can be imaginated since there isn't infinite moonshift dao
Cheers !lolz !PIZZA

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That sounds like a good idea. We can do a trial run with the first artist partnership we do sometime in the next month. We are set to partner with both TrippyB3ats and Frog Mountain soon. As we do not have an infinite supply of MOONSHIFT, perhaps we could do 20 MOONSHIFT per partnership post?

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Let's see when you start the parthnesrship with these user, just two question first what do you mean by 20 MOONSHIFT per partnership post, we do voting and our vote is currently worth way less than 20 cents. Second question is there another place to cominicate than hive ? since you have 12 HP you could run out of RC

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