TOKENOMICS

$TOKEN will form the basis of our single token model for governance in the AFAR Metaverse. $TOKEN is a ERC-20 token with a total supply of 1,000,000,000. $TOKEN will also be supported by an in game only currency.

$TOKEN can be used in various ways, such as staking to vote on key governance decisions for the Social Hub and Treasury management. $TOKEN may be used for building, upgrading, opening Eggs and purchasing Season Passes.

$TOKEN

TOKEN UTILITY

Governance

Voting on improvements to the Social Hub
Vote on game feature prioritization
Voting on the AFAR ecosystem fund

As In-Game Currency

The $TOKEN is more than a governance token, it's essential to all activities within the ecosystem. The $TOKEN can be used for:

Governance of the AFAR Social Hub
Building and maintaining Buildings in the Social Hub
Buy & Sell cosmetic Items
Purchase the AFAR Season pass
Some upgrades and only be purchased with $TOKEN
Buying Unopened Eggs on the Marketplace
Paying for upgrades

Staking

Individual Staking for rewards and Exclusive drops.
Staking on Land with Guilds or DAO’s
Launching Guilds or DAO’s in AFAR - (requires Resource Land)