MyWorld, denoted by its native utility token MWT, is a social life service platform that strives to provide users with a blend of social and business opportunities. The platform is designed to facilitate a variety of activities, including social interactions, business-oriented economic activities, and governance votes within the ecosystem. MWT serves as the key currency for accessing and utilizing various features on the platform, including NFT minting and transactions. The token also plays a crucial role in the MyWorld ecosystem, which aims to enhance the value and functionality of NFTs in the long run.

MyWorld operates by enabling users to engage in a series of economic activities. Users can create objects, brand them, and sell them as complete products. These products can be sold to other users through NFT minting, allowing the creators to claim permanent ownership. Transactions between users are facilitated using the MWT token. A portion of the fees from these transactions is accumulated in the Reserve Pool and distributed to users who contribute to the MyWorld ecosystem as rewards or incentives. The platform also employs an automated mechanism that adjusts the reward method and amount from the Multiplexed Token Pool based on various economic indicators, including product selling fees.

MyWorld has a range of potential use cases. It strives to serve as a platform where users can engage in social and business activities, create and sell branded products, and participate in the platform's governance. The MWT token can be used for NFT minting and transactions, providing users with an opportunity to claim permanent ownership of their creations. Additionally, the platform aims to incentivize users who contribute to the ecosystem by offering rewards from the Reserve Pool. The platform's standard of m-Rate, a combination of various economic indicators, is also intended to maintain the value of the token ecosystem.

The history of MyWorld is rooted in its mission to provide a platform that combines social life and business opportunities. The platform was designed with the intention of improving the value and functionality of NFTs in the long run. Over time, MyWorld has developed an ecosystem where users can engage in a variety of activities, from creating and selling products to participating in governance votes. The platform's approach to incentivizing users and maintaining the value of its token ecosystem has been a part of its evolution.