Token Utility
Creo Engine token or CREO, has a wide array of purposes. Below are all the utilities the Creo Engine holds
Core Utilities of the CREO Token
Governance Participation: CREO Token holders can engage in the platform's decision-making processes, influencing updates and development directions.
Staking Rewards: Users who stake CREO Tokens receive additional tokens as rewards, promoting active participation and long-term commitment.
Marketplace Transaction Fees: Transactions within the CreoPlay marketplace are settled using CREO Tokens, streamlining the economic flow.
NFT Purchases: CREO Tokens are utilized for acquiring NFTs within the platform, encompassing in-game items and collectibles.
Liquidity Provision: CREO Tokens maintain liquidity across both centralized (CEX) and decentralized exchanges (DEX), ensuring accessibility.
Developer Staking Requirements: Game developers are required to stake CREO Tokens to participate in the ecosystem, fostering commitment and quality contributions.
Incubation Program Support: In the future, the CREO Token is employed in project incubation initiatives, aiding the development and launch of new games within the ecosystem.
Play-to-Earn (P2E) Rewards: Players earn CREO Tokens through participation in P2E games, aligning incentives and enhancing engagement.
The CREO Token's multifaceted utility underpins the CreoPlay ecosystem, ensuring a cohesive and dynamic environment for all participants.
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