Majo (MAJO) is a Bitcoin-based fungible token issued under the BRC-20 standard, created by the anonymous group BRC-20 DAO. The token was intended for governance, platform access and utility within the BRC-20 DAO ecosystem, supporting activities such as NFT purchases, staking and launchpad participation. A total of 21 million MAJO tokens were issued, with an initial allocation to partners, early minters and the DAO treasury. Despite these plans, the project has shown no signs of activity since December 2023. Its website is offline, roadmap goals remain incomplete and communication channels are inactive. While MAJO is still tradeable on some marketplaces, there is no evidence of continuing development or operational support from the original team. The project’s status suggests it has been discontinued, with the token persisting as a tradeable but unsupported asset within the BRC-20 ecosystem.
Majo (MAJO) is a fungible token created on Bitcoin using the BRC-20 token format, a standard that stores token data through Ordinals inscriptions. The total supply is fixed at 21 million tokens. The asset was issued by a group called BRC-20 DAO, which positioned itself as an early participant in the Ordinals ecosystem.
At launch, the MAJO token was distributed as follows:
50 % allocated to partners
21 % for whitelist minting
18 % to the DAO treasury
6 % for marketing
5 % for technical contributors
MAJO was designed to serve several purposes within the BRC-20 DAO ecosystem:
Governance: voting on DAO decisions for users who staked tokens
Launchpad access: participation in token sales hosted on the DAO’s planned Launchpad
NFT and Ordinals transactions: payment for assets issued through the DAO’s marketplace
Staking rewards: a reward mechanism that was outlined but not launched
BTC Layer-2 functionality: proposed use as gas fees or collateral on a planned Bitcoin Layer-2 chain and associated DeFi services; these were not developed
MAJO was created by BRC-20 DAO, an anonymous group that did not disclose individual founders or company affiliations. The last known public update from the team was in December 2023. Since then, the official website has gone offline and no further updates or developments have been announced.
The project appears to be inactive:
The official website is no longer accessible
No project updates have been issued since late 2023
The 2024 roadmap objectives remain unfulfilled
Communication channels and development activity have stopped
Although MAJO tokens remain available on some trading platforms, there is no evidence of ongoing project development or support from the original creators.