4.2 Token Utility
Last updated
Last updated
The SCG token functions as a multi-functional utility asset for ecosystem operations, going beyond a mere medium of exchange. It is utilized across various in-game and external activities. This structure operates atop the NFT-Chain and serves as a crucial bridge between user actions and asset flows.
The following are the primary utility categories of SCG tokens:
Reward mechanism: Used to distribute rewards based on board gameplay, match results, and event participation.
NFT enhancement: Serves as a material for enhancing the performance of cards and digital assets.
NFT staking: Used for obtaining staking rewards or acquiring league operation rights.
NFT purchase and rental: Used to trade or lease Generated NFTs or Genesis NFTs.
Simulation-based betting: Applied in sports prediction-based participatory betting systems.
Governance participation: Used to participate in DAO policy decisions and voting on league operations.
Burn mechanism: Idle tokens are burned to regulate the total circulating supply.
SCG tokens are also used for viewing advertisements, referral reward programs, and tournament entry purchases. Through these diverse utilities, the circulation and usage scope of SCG tokens continues to expand dynamically.