💲$STRF TOKEN
Last updated
Last updated
TOKEN UTILITY
The $STRF token forms the foundation of the STR8FIRE ecosystem, facilitating a diverse range of functionalities and opportunities for its holders:
Access and Participation: Holding $STRF tokens grants access to participate in tokenised RWA sales on our IP launchpad, with tiered levels of access based on the amount held.
Staking Rewards: Holders can stake the $STRF to earn rewards, which may include additional tokens, increased allocation in token sales, or governance rights.
Governance: $STRF holders may have the ability to vote on key decisions related to platform functionality, IP investment opportunities, and community engagement activities, to name a few.
Liquidity Provision: $STRF can be used to provide liquidity on the platform, earning holders compensation for their contribution to the ecosystem’s liquidity pool.
Engaging Rewards: $STRF can be used to reward players of our mobile games, participants in quests, community referrals.
Community Benefits: $STRF holders unlock an expansive list of perks that may include early access to new IPs, exclusive IP content, token airdrops, and allow- and whitelists to partner projects and IPs.
IP Owner Incentives: $STRF tokens can be used to incentivise IP owners to offer tokenised investment opportunities on the launchpad.
Revenue Sharing: A portion of the revenue generated from in-game purchases or advertisements etc. is distributed back to $STRF token holders, rewarding long-term participation in the ecosystem.
By embedding $STRF into the core of the STR8FIRE ecosystem, we enable a vibrant community-driven platform with strong governance and fair access to RWA investment opportunities. $STR8FIRE holders are instrumental in guiding the platform's growth, fostering innovation, and collectively advancing the decentralised economy.
10,000,000,000
Ecosystem Rewards: The Ecosystem Rewards are used to reward those who are actively participating in the growth of the STR8FIRE ecosystem, the success of the tokenised IPs, and promotional activities of STR8FIRE.
Growth Fund: The Growth Fund is used to further grow the existing portfolio of IPs, as well as attract and build new ones. With our deep network in the creative communities and global production companies, we have direct access to both brand new and well-established IPs in the West and the East.
The $STRF token burn is a critical element of STR8FIRE's strategy to optimise tokenomics and strengthen the ecosystem. By systematically repurchasing and sending $STRF tokens to a burn wallet, we effectively reduce the total supply, enhancing scarcity and stability for token holders. After every successful Tokenised IP Offering, the token burn mechanism is activated, ensuring a consistent cycle of supply reduction, and reinforcing the value proposition of $STRF tokens, while also demonstrating STR8FIRE's commitment to sustainable token management.
