# Token Utilities

* **Payments**

  To obtain a content license, MLT is needed as payment medium to sign the license
* **Governance**

  Community votings/evaluations of early content lead to MLT rewards payouts
* **Launchpad**

  MLT holders can participate as investors in the Launchpad projects on the MILC Platform
* **Staking**

  To reward token holders and the Community, MILC will launch staking programs to earn interest on their tokens.