Token Structure
There are two major tokens in the Toonlands metaverse, a utility token named #TOCO (on-chain) and a in-metaverse currency named $COIN (off-chain)
Good to know: Toonlands Ecosystem consists of 2 types of tokens which are used in different layers and have different purposes in the metaverse economy.
1- $TOCO: Utility Token
2- $COIN: Platform (Governance) Token
Toonlands Metaverse Currency Ecosystem
Deflationary tokens with a fixed supply (1.000.000.000), it is mainly used as a currency to purchase different NFT assets in the ecosystem, airdrop distributions, play to earn payouts & buy/swap $COINs. Tokens that can be earned and swapped in the metaverse will be called $TOCOX.
- Governance
- Stake Rewards
- Event/Game Rewards
- Lease Lands
- Rental Incomes
- Mining From Lands
- Vote
- Buy $COIN
- Buy Exclusive NFT Collections
COIN serves as the fundamental gas in Toonlands and has unlimited supply & offchain.
COIN used as the in-metaverse digital currency i.e. rewards given after completing a events, games & mining. When players receive $COIN it can be exchanged and utilized for the following features:
- In-Metaverse & In-Game Currency
- Buy Items
- Event/Game Rewards
- Design Lands
- Buy Decorations For Lands
- Upgrade Lands
- Buy Avatars
- Customization