Honestly, the Token is not dead. We have some big plans for it, which will hopefully revive it and make all holders happy.

But realistically, the Token was intended to power the NMKR products and ecosystem. NMKR, the product, has been on a steady decline in its usage.

We currently make around 5K USD a month on Minting Fees, and our server costs are around 4K.

There are definitely ways for us to increase usage and to make NMKR better, but the main reason for this is that the NFT ecosystem is not doing well.

We'd love to see NFTs come back, and we're continuing to work on NMKR Studio, Pay and co to be ready for it.

But with the numbers like we have right now, it doesn't matter at all what kind of utility we give the Token, it would have 0 impact.

We can't bet our whole future on NFTs coming back at this point; we have to experiment with other projects.

That's why last year we started 3 main experiments:

- Real World Assets
- Multichain Integrations
- AI Agents with Masumi

We've tried to see what sticks and what makes sense to focus our attention on. We now have more clarity, and thats why you see our main focus on Masumi.

Now, there is currently is no usage for a token in Masumi but I personally promise you (Patrick writing here), that we did not forget about the NMKR Token and that we have a plan for it.