LBViVi Economics
At LBViVi, we have developed a token economic model to support the growth and development of the avatar scanning network. The main currency of the network is the LBViVi (LBVV) coin, which serves as a means of exchange and enables users to access various features and services within the network.
The LBVV coin is an BSC-20 token built on the BNB blockchain, and can be bought, sold, and traded on various cryptocurrency exchanges. In addition to serving as a currency, the LBVV coin also represents ownership in the LedgerBlock Metaverse platform and entitles holders to certain rights and benefits. One of the key benefits of the LBVV coin is that it provides users with a way to monetize their avatar. Users can choose to allow their avatar to be used for various purposes, such as virtual try-ons of clothing, participation in virtual events or be a part of gaming creation process and earn LBVV coin in return. This not only provides users with an additional source of income, but also incentivizes the creation and sharing of high-quality avatar. The token economic model of the LBVV network has several advantages. First, it allows users to directly participate in the growth and development of the platform by purchasing LBVV coins.
Second, the token model incentivizes the creation and sharing of high-quality avatar, as users can earn tokens by allowing their scans to be used for various purposes. This not only benefits the users themselves but also helps to create a rich and diverse ecosystem of avatar within the network.
Finally, the LBVV coin serves as a means of exchange within the LBVV network, enabling users to access various features and services. This includes the ability to purchase virtual goods and services, participate in virtual events, and more. Overall, the token economics of the LBVV network provide a unique and valuable opportunity for users to participate in the growth and development of the platform, monetize their avatar, and access various features and services throughout the network. We believe that this model will play a crucial role in supporting the growth and sustainability of the LBViVi platform, and in turn, helping to bring the metaverse closer to reality.
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