Milk Mocha's $HUGS Token Presale Gains Momentum with DAO Governance and Metaverse Utility

The Milk Mocha project, known for its bear characters, is evolving into a community-driven digital ecosystem powered by its native $HUGS token. The project is currently in its sixth presale stage, with the token priced at $0.0004023 and having raised a total of $218,000.

At the core of the ecosystem is the newly launched Milk Mocha DAO, which empowers token holders with real governance power through a system called HugVotes. Holders who stake their $HUGS tokens gain voting weight, enabling them to propose ideas, debate, and vote on key project decisions. This includes shaping NFT artwork, steering charity initiatives, approving event budgets, and greenlighting collaborations. All proposals and votes are recorded transparently on-chain.

The project extends governance into real-world impact through a Charity Pool, where funds are allocated to causes like animal shelters and education based on community votes. All fund movements are traceable on the blockchain.

Beyond governance, $HUGS is designed as the utility token for Milk Mocha's expanding metaverse. The token facilitates a utility cycle where spending flows into multiple channels: part returns to users as gameplay rewards, part is permanently burned to reduce supply, and the remainder supports an Ecosystem Treasury for funding updates. The roadmap includes seasonal experiences, character upgrades, mini-games, collectibles, and community areas.

Early presale participants are positioning themselves not just as investors but as active builders and decision-makers, securing influence over the project's future development, NFT collections, and treasury allocations.