What is MWX Token (MWXT)?
Quick Facts
- Token: MWXT — utility and governance token
- Blockchain: Base network (Ethereum Layer-2 by Coinbase)
- Standard: ERC-20
- Built by: MediaWave, an Indonesian AI and data analytics company
- Core product: MWX AI Marketplace — 20+ plug-and-play AI agents for SMEs
- Burn mechanic: 20% of marketplace commissions burned automatically
- Audit: Smart contracts audited by CertiK
Introduction
MWX Token (MWXT) is the native utility and governance asset of the MWX ecosystem — a decentralized AI marketplace built to make artificial intelligence accessible to small and medium-sized enterprises (SMEs) worldwide.
The project targets a global market of over 400 million SMEs, offering practical, ready-to-use AI tools for business automation without requiring technical expertise or a crypto wallet.
History & Background
MWX was founded by MediaWave, an Indonesian pioneer in data analytics and AI with over 15 years of industry experience. The team identified a critical gap: most AI tools were either too expensive or too complex for smaller businesses to adopt.
MWXT launched on the Aerodrome platform on Base in 2025, marking the ecosystem's formal entry into decentralized finance and Web3.
How MWX Token Works
MWXT sits at the center of all transactions across the MWX ecosystem. When a user pays for an AI service in fiat or a stablecoin, the platform automatically converts that payment into MWXT behind the scenes.
This design lowers the barrier to entry — businesses can use the marketplace without ever directly handling crypto. Every transaction compounds token demand regardless of how the user pays.
Tokenomics
MWXT is built around a deflationary economic model with two demand engines:
- Burn: 20% of every marketplace commission is automatically burned at the time of transaction.
- Buyback-and-burn: 15% of MWX's quarterly profits are used to purchase MWXT from the open market and burn it.
Token distribution uses structured vesting — seed and private allocations have a six-month lock followed by a 12-month linear vest, while team and advisor allocations vest over 24 months after a six-month lock.
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Circulating Supply
| 177.54 million MWXT |
|---|---|
| |
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Total supply
| 1.00 billion MWXT |
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Max supply
| -- MWXT |
Ecosystem & Use Cases
The MWX ecosystem spans two major products:
- MWX Market — A decentralized marketplace of 20+ AI agents covering marketing, finance, operations, and content creation (e.g., CreateWhiz.AI, FinanceWhiz.AI, SMEWhiz.AI).
- MWX Alpha — A real-time crypto intelligence platform that aggregates on-chain data, news flow, and social signals to deliver structured insights for traders and researchers.
Holders can also stake MWXT to unlock higher API limits, fee rebates, and enhanced platform access.
Team, Governance & Community
The project is backed by the MediaWave team, bringing deep expertise in digital intelligence and social listening. The team operates with a six-month lock and 24-month vesting, aligning incentives with long-term growth.
Governance is conducted through the MWX DAO, where MWXT holders can vote on treasury allocations and future marketplace listings. Community members can earn MWXT through affiliate referrals, active participation, and builder grants.
Advantages
- Real utility: MWXT powers actual AI service payments, not just speculation.
- Fiat-friendly: SMEs can pay in fiat with automatic conversion to MWXT.
- Deflationary design: Dual burn-and-buyback mechanics create structural scarcity.
- Staking rewards: Flexible, 30-day, and 90-day staking pools tied to real platform revenue.
- Audited contracts: CertiK security audit adds a layer of trust.
Risks & Challenges
- SME adoption risk: Reaching 400 million SMEs globally requires significant marketing and onboarding effort.
- Competition: The AI tools and Web3 infrastructure space is rapidly expanding with many rivals.
- Regulatory uncertainty: Operating across multiple regions introduces compliance complexity.
- Token concentration: Early-stage projects can carry distribution risks if large holders exit.
Long-Term Vision
MWX's long-term vision is captured in the phrase 'AI for Everyone, Everywhere.' The roadmap includes expanding SME programs across Southeast Asia, Latin America, and Europe, and pursuing broader global AI collaboration.
By combining a decentralized marketplace with a real-time crypto intelligence layer, MWX positions MWXT as the settlement and alignment token for a growing ecosystem where AI utility and Web3 infrastructure converge.
Frequently Asked Questions
- What is MWXT used for?
MWXT is the primary payment and governance token for the MWX ecosystem. It is used to pay for AI services on the MWX Marketplace, stake for rewards and discounts, and vote on platform decisions through the MWX DAO.
- What blockchain is MWXT deployed on?
MWXT is an ERC-20 token deployed on the Base network, an Ethereum Layer-2 blockchain developed by Coinbase. Base offers lower transaction costs and faster speeds suited to frequent micro-payments.
- Do I need crypto to use the MWX Marketplace?
No. The MWX Marketplace accepts fiat and stablecoin payments, which are automatically converted to MWXT in the background. Users do not need a crypto wallet to access the AI tools.
- How does the MWXT burn mechanism work?
20% of every marketplace commission is automatically burned at the time of transaction, permanently removing those tokens from circulation. Additionally, 15% of MWX quarterly profits are used to buy MWXT from the open market and burn it.
- Who built MWX Token?
MWXT was built by MediaWave, an Indonesian company specializing in data analytics and AI with over 15 years of experience. The team originally focused on digital intelligence and social listening before entering the Web3 space.
- What is MWX Alpha?
MWX Alpha is a crypto intelligence platform that aggregates on-chain activity, news, and social signals to deliver structured insights for traders and researchers. MWXT holders can lock tokens to receive discounts on MWX Alpha access.
- How does staking MWXT work?
Holders can stake MWXT in flexible, 30-day, or 90-day pools through audited smart contracts. Rewards are generated from real marketplace activity and platform revenue rather than token inflation.
- Is MWXT audited?
Yes. The MWXT smart contracts have been audited by CertiK, a leading blockchain security firm. This audit covers the token's core contract logic and staking mechanisms.