Muse DAO (MUSE) is the governance token of the NFT20 dex, a decentralized platform for trading non-fungible tokens (NFTs). $MUSE holders influence the dex's decisions and direction. A significant feature is the distribution of 5% transaction fees from NFT20, paid in ERC20 tokens from various NFT projects, providing holders with exposure to the NFT market. This mechanism also acts as a hedge against NFT market volatility. Rebranded from Muse to Muse DAO on November 21, 2021, it was co-founded by Adam, a serial indie maker, and Jules, a full-stack developer with a background in smart contract freelancing. Jules, who co-founded DAppBoard and worked at Consensys, brought expertise in DEX platform and smart contract analytics, contributing to Muse DAO's development.
