Utility
The token utility.
Last updated
The token utility.
Last updated
The token utility was explained across the previous topics in the whitepaper. However, this topic will sum up and at the same time detail the utility of the Lucrar token:
It can be used to buy digital courses and have a discount on the website Lucrar.pt (the website is in Portuguese, however, an English version is being developed).
Some articles on the website Lucrar.pt can only be seen if the client unlocks with the Lucrar token.
The project NFTs can only be bought with Lucrar tokens.
The remaining utility of the Lucrar token will only exist when the company reaches new project phases and goals after the official launch. If every goal is completed over the next 5 to 10 years, the utility of the token will also include:
The NFTs in the cross-chain marketplace can be bought with Lucrar tokens and more.
It can be used on the App that is being developed. The app will be for mobile use and it will work as an intermediary between financial educators and people who want to learn without leaving home. The client is allowed to pay with the Lucrar token and have a small discount. The company will charge only 0.1% per customer payment.
It can be used for the crypto game that is being developed. It is an educational online game where it is possible to earn Lucrar tokens. This game will not impact negatively the Lucrar token because the game will be Player versus Player and they must 'pay' a certain amount of Lucrar tokens before the game starts. The winner gets the Lucrar tokens from both players' payments. The game will also have character skin NFTs, each sale goes to the company's profit. The game will not be “pay to win”, the character skin NFTs is just for the player’s fun and visual.
It can be used on exchanges. The company pretends to build a DeFi and CeFi exchange similar to Pancakeswap (Decentralized) and Binance or FTX (Centralized) but based on the Lucrar token. For this goal - was sent On October 15, 2021 and on March 4, 2022 the Notice no. 3/2021 concerning the registration process with the Bank of Portugal applicable to entities carrying out activities with virtual assets, provided for in article 112-A of Law No. 83/2017, of 18 August.
In conclusion, the Lucrar token is the main fuel of the Lucrar project ecosystem. Operations that take place within Lucrar.pt ecosystem will occur with the Lucrar token as the base cryptocurrency.
The company may incorporate other token mechanisms or features to increase and maximize the utility of the Lucrar token. Any additional information, change or improvement will be added to the whitepaper.
Anyone can give suggestions to improve and create more utility for the Lucrar token here.
