Token Economics
DVI is the primary utility & governance tokens that powers Dvision Metaverse!
Dvision Token(DVI) based on Ethereum and Binance Smart Chain mainnet, that is used inside of the Dvision Metaverse. DVI holders are able to access ecosystem activities, and receive DVI rewards for engaging with the ecosystem such as playing games and participating in major governance voting initiatives. Users can experience various pieces of content, such as gaming, conferences, galleries, shopping malls, and other traditional business-oriented aspects within Division Metaverse. Users can also leverage the LAND in order to develop and release their own user-created content to provide access to other players in exchange for $DVI payments.
DVI Token is the essential access to the utility feature in several aspects, with the upcoming launch of all the platform features, including Meta-Space, NFT Market, and Meta-City. Accordingly, DVI token has several more utility features that are strongly linked to the NFT Use-Cases, that are aimed to enhance its long-term utility value and functionality. DAO Pool (Treasury Pool) accumulates some of the revenue and rewards generated by the services on Dvision Metaverse and NFT Marketplace. To encourage positive behaviour, the users that participate in the DAO governance or other ecosystem activities will be incentivized with the fees collected in DAO Pool in proportion to their efforts.
In particular DVI tokens are utilized in the following cases:
- Payment
The first and primary utility case of DVI is correlated with its marketplace, where users can buy/sell LAND (ERC-721 and BEP-721 based virtual estate), AVATAR (ERC-1155-based unique characters), ITEM (ERC-1155-based unique in-game items or attributes for the characters) by spending DVI. All the marketplace-related purchases can be made here "https://dvision.app/en/market". Other payment utility features are further elaborated under the "$DVI Token Use-Cases" section.
- Governance
The Dvision Network will operate a DAO mechanism for decentralized policy-making practices to further decentralize the Dvision Metaverse and reduce the involvement of the core team in its future. DVI would allow holders to propose and vote on governance proposals to determine future features, upgrades, and parameters of Dvision Network, or provide feedback, with VP (Voting Power) calculated in proportion to the tokens staked. The right to vote is restricted solely to voting on features of the Dvision Network.
- Platform Rewards
From early 2022, DVI Holders will be able to earn rewards from DAO Pool, that accumulates the fees collected from the sales in NFT Marketplace and inside of the Metaverse, and further participate in Governance. The compensation rate will be set high enough to encourage the influx and growth of the user-base and will be fixed to gradually decrease as the Dvision Network enlarges and with the increase of the number of people contributing to the ecosystem and earning a portion of the fees for their efforts
Learn more about the utility & governance & staking features on the next page!
Last modified 8mo ago