Question 1

What is Majo (MAJO)?

Accepted Answer

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

Question 2

What is Majo (MAJO) used for?

Accepted Answer

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

Question 3

Who created Majo (MAJO)?

Accepted Answer

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.

Question 4

Current status

Accepted Answer

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.