🔷Token Utility
Last updated
Last updated
$FVR may only be utilised in the Fevera ecosytem. The secondary market pricing of $FVR is not dependent on the effort of the Fevera team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.
$FVR provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the Fevera ecosystem, thereby creating a mutually beneficial system where every participant is fairly compensated for the efforts.
The $FVR tokens are an integral and indispensable part of Fevera, because without $FVR, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the Fevera ecosystem.
$FVR can be earned or purchased on a DEX and/or CEX. As the native platform currency, the $FVR token is used for the purchase of in-game NFT assets.
To promote decentralised democratic community governance for Fevera, the Fevera Decentralized Autonomous Organizations (DAO) will be established. $FVR would allow holders to propose and vote on governance proposals to determine future features, upgrades and/or parameters of Fevera. It is a forum for people all over the world to collaborate on governance – for example users may vote on partnerships, development plans, the gaming structure, reward structure and story development. The right to vote is restricted solely to voting on features of Fevera only.
Thus, the utility of $FVR is as follows:
$FVR will be the main currency inside the ecosystem and will be a medium of transaction for all the gameplay activities.
$FVR will be awarded to a user based only on the actual usage, activity and efforts made on Fevera and/or proportionate to the frequency and volume of transactions. The Fevera players and/or holders of $FVR who are not active participants will not receive any $FVR incentives.
All game assets will be available for purchase for $FVR on the internal marketplace, and players will also be able to put their game assets up for sale there.
If you hold and stake your $FVR tokens inside the app, you will be able to earn a handsome interest rate and earn more $FVR tokens.
Once a mature product and ecosystem is built for all the stakeholders, Fevera will become fully decentralized and will let the $FVR token holders decide the direction and future of the entire ecosystem.
