Token Utility
Last updated
Last updated
Pay to launch tasks campaigns: Beyond NFT rewards, the token plays a vital role for users aspiring to launch their own NFT campaigns. Creators and businesses will need to use the native token as the mandatory currency for launching and promoting their NFT tasks. The specific dollar equivalent amount for campaign initiation will be determined.
Token gating: In the early stages of the platform, it is important to strike a balance between fostering user engagement and ensuring organic growth. Thus, while the platform will eventually require holding certain amount of tokens to access specific features and mint NFTs, it does not token gate the platform from the outset. Instead, the approach is gradual and inclusive, allowing users to explore and experience the platform's. This measured approach allows for steady growth, user on-boarding, and community building.
DAO: The project places great emphasis on empowering its token holders with significant DAO voting rights. Token holders have a crucial role in shaping the future trajectory of the project. Through democratic governance, they can propose and vote on essential decisions, such as social media campaigns, new features implementations, strategic partnerships and community initiatives.
Staking: Token staking offers users valuable utility by providing opportunities to participate in the platform's governance, earn rewards via raffle draws and gain access to exclusive features based on the amount of tokens they stake.