Creo Engine
  • Creo Engine
  • The Market
    • Target Market
    • Go To Market Strategy
  • The Mission
    • Challenges
    • Solutions
    • Ecosystem
  • The Products
    • CreoPlay ID Wallet
    • CreoPlay.app Platform
      • Gamepedia
      • Marketplace
      • Store
      • Stake
      • In-game Asset Swap
      • Subscription
    • SDK for Developers
    • CreoPlay Bot
    • CreoDefi
    • Creo Engine Bridge Protocol
    • Creo Engine In-House Games on CreoPlay.app
      • Evermore Knights
      • Slime Haven
      • TagTag
      • The Revenant Prince
    • Asset Interoperability Feature
    • Artificial Intelligence (A.I)
    • Real World Appliances (RWA)
  • Creo Engine Token (CREO)
    • Token Utility
    • Tokenomics
    • Allocation Information
    • Burning Mechanism
  • Roadmap
  • Team
  • Website and Social Medias
  • Disclaimer
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  1. Creo Engine Token (CREO)

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

  1. Governance Participation: CREO Token holders can engage in the platform's decision-making processes, influencing updates and development directions.

  2. Staking Rewards: Users who stake CREO Tokens receive additional tokens as rewards, promoting active participation and long-term commitment.

  3. Marketplace Transaction Fees: Transactions within the CreoPlay marketplace are settled using CREO Tokens, streamlining the economic flow.

  4. NFT Purchases: CREO Tokens are utilized for acquiring NFTs within the platform, encompassing in-game items and collectibles.

  5. Liquidity Provision: CREO Tokens maintain liquidity across both centralized (CEX) and decentralized exchanges (DEX), ensuring accessibility.

  6. Developer Staking Requirements: Game developers are required to stake CREO Tokens to participate in the ecosystem, fostering commitment and quality contributions.

  7. 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.

  8. 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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Last updated 4 months ago