INI Token Utility

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

      2. Purchase online and offline InitVerse merchandise.

  2. 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.

  3. Governance: INI tokens can be used to stake and gain voting rights to help decide the future of the ecosystem's development.

  4. 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.

Last updated