Mashida is a Crypto Token and a Web3 Platform that contains a Virtual world and Social and Game application features that are interconnected, and people can interact virtually, work, play, and meet based on activity and interaction.
It can transact peer to peer, application owners and users are referred to as the Mashida Army, with NFT as profile identities and assets on the platform, which can be used, sold, bought, and transferred to other use cases.
Mashida is a BEP20 token that operates on the BNB Smart Chain network.
## MASHIDA is the utility token that is used for:
**Govenance.**
The ownership of MASHIDA enables participants to engage in the governance process via a decentralized organization with ideas and a vote system. Questions pertaining to the platform’s operation and development can be decided depending on the preferences of token holders. There will also be freebies for voters to encourage users to engage in the voting process.
**Play 2 Earn.**
Ownership of MASHIDA enables players to engage in the governance process via a decentralized organization with proposals and a voting system. Depending on the preferences of token holders, decisions can be made about the operation and evolution of the platform. Additionally, there will be freebies for voters to encourage user participation in the voting process.
**In Platform Currency.**
As a platform-based transaction tool for paying, buying, supporting, and transmitting token digital assets.
## How Many MASHIDA Are There in Circulation?
MASHIDA launched its mainnet on January 14, 2023 with 10 billion MASHIDA tokens created at genesis, with the following token distribution:
**Development (15%)
Marketing (15%)
Liquidity Provision (32%)
Treasury (7%)
Ecosystem (20%)
Team (10%)
Presale (1%)**