# Token Utility

$MCT is Mundocrypto's native token and it will be built on Ethereum's blockchain. It has the following uses:

* **Access:** Users can spend their MCT tokens to access the:
  * Learn-to-earn model.
  * Exclusive zones
  * Buying products.
  * Create/buy assets.
* **Stake:** Users can stake $MCT tokens to boost their rewards in the Learn to Earn model. 
* **Rewards:** Mundocrypto will reward the best students through learn to earn model.
* **Fees & burn:**  2.5% of royalties from all the NFTs collections created by Mundocrypto and created in the Mundocrypto metaverse will be automatically burned.
* **Governance:** $MCT stakers can participate in Mundocrypto's governance decisions. This means that users that hold $MCT tokens have power to decide in certain decisions. For example: The creation of a DAO,  the decentralisation level of the metaverse, etc.