INI Token Utility

  1. Staking:

    1. Validators: Stake 30,000 - 50,000 INI tokens with a lock-up period of 365 days to become a validator and earn corresponding token rewards based on block generation.

    2. Providers: Provide hardware and stake tokens with a lock-up period of 365 days to become a provider and earn corresponding token rewards based on block generation.

  2. Payment:

    1. Gas Fee: All blockchain transactions require gas payments with INI tokens, such as token transactions, smart contract deployments, smart contract interactions, and more.

    2. Service Payment:

      1. Utilize decentralized cloud computing services with INI tokens.

      2. Use INI tokens for InitVerse services such as subscriptions, premium functions, application deployment, service fees, and customization development.

      3. Purchase online and offline InitVerse merchandise.

  3. Ecosystem Applications

    1. Application Interactions: Experience or leverage the full functionalities with INI tokens. Numerous applications within the ecosystem will require the usage of INI tokens including collateral for token loans, and staking of INI tokens for liquidity provider fees.

    2. Incentives: Based on ecosystem expansion needs, InitVerse will incentivize content creators, developers, and other contributors with INI tokens.

  4. Governance: E INI tokens, generated through the staking of INI tokens, not only provide users with voting, governance, and dividend rights but also generate staking rewards for users.

  5. Cross-platform interoperability

    1. Cross-Chain Interoperability: INI tokens are used for cross-chain transactions.

    2. Third-Party integrations: through interoperability protocols, users pay INI tokens to interact with other platforms to extend the range of application usage.

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