DEEP 42 Token
$DEEP
Last updated
$DEEP
Last updated
DEEP 42 Token(D42) are an ERC-20 governance token for DEEP 42. D42 holders will be able to claim rewards if they stake their tokens, play the games, and/or participate in key governance votes. Users will also be able to earn D42 when they complete various quests within the DEEP 42 platform.
Our goal with DEEP 42 Token is to align the incentives between the users of the Decentralized Entertainment & Engagement Platform and the developers in novel and exciting ways. The mechanisms described above have two main goals:
To reward players for interacting with DEEP while simultaneously incentivizing them to hold on to their tokens so they can claim additional rewards.
To decentralize the ownership and governance of DEEP.
We want DEEP 42 to be truly owned and operated by the community that uses it. This opens up limitless possibilities, but must be approached carefully. In the past, projects have been abandoned and become stagnant using the term “decentralization” as a ruse. The shift to a true Decentralized organization will occur gradually over time.
The DAO will begin to receive revenues generated by DEEP 42 into their community treasury . This treasury will be governed by DEEP 42 stakers eventually, once the network has become sufficiently decentralized.
The Treasury receives 100% inflows from all of DEEP 42's NFT sales.
