Section 3 – The MUY Token Model
📘 MUY Token White Paper – Section 3: The MUY Token Model
“Programmable equity. Real-world backing. Legal clarity.”
🛡️ 3.1 – Security Token Backed by a Real Asset
MUY Token (MUY-A) is a fully compliant security token that represents fractional ownership in a real-world, income-producing property. Each token provides:
A pro-rata share of Net Operating Income (NOI)
A claim to capital appreciation
A programmable vehicle for governance, liquidity, and quarterly yield
🏢 MUYALTA — The Asset Behind MUY-A
Location: Playa del Carmen, Mexico
Type: Mixed-use (residential, medical, rooftop)
Status: Permitted & ready for construction
Ownership: 100% held by SPV (MUYALTA S.A.P.I. de C.V.)
Planned Yield: ~11.5% net annual income
Capital Growth Target: 14% – 19% annual NAV appreciation
🔑 What Does a “Security Token” Mean?
MUY-A is:
Regulated (KYC/AML enforced)
Restricted to whitelisted wallets
Programmatic (smart contract-managed)
Transparent (on-chain income tracking)
Paper-based contracts
Smart contracts automate everything
Delayed income payouts
USDC/USDT every 90 days
Opaque accounting
PolygonScan on-chain reporting
No liquidity
DAO buybacks & secondary market access
Real estate for a global generation — verified on-chain, built in Playa.
🧱 3.2 – Token Structure (ERC-1400 / ERC-3643)
MUY Token uses ERC-3643, a standard for security tokens with built-in identity compliance and programmable rights.
⚙️ Key Features:
Whitelisted Transfers
Only KYC-approved wallets can hold/trade
Partitioned Logic
Income, governance, and vesting separated
Lock-Up Enforcement
12-month enforced at contract level
IPFS Linkage
Legal docs linked to each token via metadata
Fixed Supply
Capped at 1,000,000 MUY-A tokens
Audit Ready
Scheduled for CertiK or Hacken (Q3 2025)
🧠 What This Means for You:
Security: Verified identity required
Simplicity: Wallet = investor record
Programmability: All logic handled by code
Portability: Your rights follow your wallet
MUY speaks the same legal language as the world’s most trusted digital securities.
💰 3.3 – Treasury & Smart Contract Logic
“Where your money goes. How it’s stored. Who controls it.”
MUY uses a multi-signature-controlled smart treasury:
Receives all rent income (USDC / USDT)
Pays 85% to token holders every 90 days
Stores 15% in treasury for buybacks + reserves
🛠️ Treasury Architecture:
Revenue Intake
Collects tenant payments
Distribution
85% to investors, 15% to reserves
Reserve Account
Buffer for buybacks/emergencies
Multisig Access
DAO-approved transactions
Buyback Engine
NAV-based repurchase mechanism
🔁 On-Chain Flow:
Tenant Rent → Treasury → Smart Contract → Investors (every 90 days)
All actions are transparent on-chain and linked to investor dashboards.
You don’t ask where the money went. You track it in real time.
🔁 3.4 – Distribution Engine (85/15 Logic)
“Predictable income. Automated execution.”
How It Works:
Every 90 days:
Rent income balance is checked
85% is distributed to token holders (pro-rata)
15% is reserved in the DAO treasury
All actions logged and viewable on-chain
💸 Example:
Total NOI
$150,000
85% to Investors
$127,500
15% Treasury
$22,500
Tokens Held
5,000
Earnings
$637.50 USDC
Distributions are in USDC/USDT, with history available in your dashboard.
📈 3.5 – NAV-Based Valuation Growth
“You’re not just earning yield — you’re gaining value.”
What Is NAV?
Net Asset Value (NAV) = (Property Value − Liabilities) ÷ Token Supply
0
$3,000,000
$3.00
1
$4,000,000
$4.00
2
$4,560,000
$4.56
3
$5,198,400
$5.20
4
$5,926,176
$5.93
5
$6,755,840
$6.76
NAV drives buyback pricing, resale value, and DAO revaluations.
MUY's token grows alongside the real asset it represents.
⚖️ 3.6 – Legal Entity (SPV), Ownership & Compliance
“Your token connects to the company that owns the building.”
🏢 SPV: MUYALTA S.A.P.I. de C.V.
Holds title to land and permits
Manages tenants and income
Executes payouts and DAO rules
Legally incorporated in Mexico
What the SPV Does:
Ownership
Holds land + project rights
Treasury
Channels income to smart contract
Accountability
Handles tax + legal compliance
Governance
Responds to DAO votes
A real legal wrapper for a real asset.
🧾 3.7 – KYC, AML & Whitelisting
“Real ownership requires real identity.”
MUY uses SumSub for KYC/AML. Process:
Upload ID and address doc
Pass global AML checks
Wallet is whitelisted
Only verified wallets can:
Receive MUY Tokens
Participate in governance
Get USDC/USDT distributions
🌍 Global Access:
LATAM
KYC + crypto/fiat onboarding
US (Accredited)
Reg D-compliant
EU / Canada
RWA-aligned onboarding
Restricted
Not eligible (e.g. OFAC countries)
With MUY, you're not just a buyer. You're a recognized stakeholder.
Next: Section 4 – Tokenomics
Last updated