Token economics
A currency that grows because you do.
The MUKOKO Token is the first currency in history whose value is anchored to human time — not gold, not dollars, not speculation. The older the community, the more valuable every token in it becomes. This is Ubuntu as economics.
Two of four. One ecosystem.
Different instruments for different jobs.
MIT and MXT are the two Mukoko-facing tokens in the four-token Bundu Foundation suite — all four (MIT, MXT, NST, NHC) are governed by the Foundation; the other two (NST, NHC) power the Nyuchi Honeycomb storage network. The pair below is designed to do different things on Mukoko, but they work as one system.
MIT
·Who you are
MUKOKO Identity Token
- Type
- Soulbound ERC-721
- Transferable
- Never
- Anchor
- Your birth date
- Purpose
- Identity + Governance
- Supply
- 1 per verified human
Your MIT is permanently, cryptographically bound to your verified birth date. It pools with everyone born in the same year, month, and day. As the community ages together, every MIT’s value rises. You cannot buy a second one. You cannot sell yours. It is the digital equivalent of ancestral land — your permanent stake in the community.
MXT
·What you spend
MUKOKO Exchange Token
- Type
- ERC-20
- Transferable
- Yes
- Floor
- MIT pool mean
- Purpose
- Payments + Governance staking
- Supply
- Elastic · no hard cap
MXT is the currency you use every day — paying for event tickets, renting equipment, rewarding novel authors, splitting a bill in chat. Its floor value is mathematically guaranteed by the MIT pool system and can never fall below that floor. Supply grows with the economy, like any functioning currency should.
Allocation
3B MXT minted at launch.
50% goes to the community from day one. Investors receive economic participation — not governance rights.
- Ecosystem Reserve30%
Creator rewards, developer grants, expansion
- Community Treasury20%
Governed by MIT holders via conviction staking
- Founding Team25%
4yr vest · 1yr cliff · builder alignment
- Operations Reserve10%
Salaries, infrastructure, legal, audits
- Investors & Partners10%
Economic rights · no governance rights
- Advisors5%
2yr vest · 3-month cliff
Elastic supply
Why there is no hard supply cap.
Bitcoin has 21 million coins because Bitcoin is designed as digital gold — something you hold, not spend. MXT is designed to be everyday money: an event ticket in Accra, a meal in Lagos, a chapter from your favourite author. At continental scale, a fixed supply would strangle the platform's own success. So MXT supply grows with the economy, governed by mathematics, not institutions.
- Baseline emission
- 10,000 MXT per new verified user
- Annual ceiling
- 15% maximum growth per year
- Burn rate
- 30% of all transaction fees
Governance
Community governs. The founder protects.
Governance is built on conviction staking — you stake MXT against specific mandates. Collective participation beats individual wealth concentration. This is Ubuntu as governance.
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Quadratic voting
Doubling your stake only increases your weight by ~41%, not 100%. A community of 1,000 people each staking 100 MXT carries more weight than one person staking 100,000 MXT. Effective Weight = √(MXT staked) × Ubuntu Multiplier × Regional Multiplier.
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Ubuntu Multiplier
Long-standing community members carry amplified governance influence — not because they have more money, but because they have demonstrated sustained commitment. Ranges from 1.0× for new users to 2.0× for community pillars with Ubuntu scores above 900.
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Founder's Reserved Powers
The founding team's protection comes from legal rights embedded in the Bundu Foundation's constitutional documents — not token dominance. The community governs operations. The founder protects the soul: Ubuntu purpose, African sovereignty, core protocol integrity.
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Four governance tiers
Tier 1 Constitutional (66% quorum) for protocol changes. Tier 2 Strategic (40%) for expansion and reserve releases. Tier 3 Operational (20%) for features and policy. Tier 4 Community (10% local stake) for circles and regional matters.
The Foundation
Two entities. One mission.
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Bundu Foundation
A non-profit Company Limited by Guarantee registered in Zimbabwe. Token issuer and governance steward; intends to operate under the applicable Zimbabwean regulatory framework as it matures. Exists for the community — not for profit.
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Nyuchi Africa
Zimbabwe-registered operating company. Builds the platform, employs the team, generates B2B revenue. Legally independent from the Foundation.
Ndiri nekuti tiri.
Growth benefits everyone already on the platform.