FOOD Token
Foodtopian's Utility Token
Last updated
Foodtopian's Utility Token
Last updated
The Foodtopian FOODV2 token will have multiple utility within the Foodtopian network and will help support the project and the drip ecosystem. There will be a buy and sell tax that is explained below.
Buy and sell Tax Explained:
1% buy tax - Goes to the NFT holders tax vaults to help grow and maintain account.
10% sell tax - 5% goes to the main vault for business, 2% goes to backend lending to help grow the projects crypto investments and 3% to the NFT tax vaults to pay back holders.
The FOOD token is an integral part of the Foodtopian ecosystem and can be bought and sold as any crypto token can, but the future plans for it include being a loyalty token for the locations and as we grow, we will be buying it and potentially have some plans to be able to leverage it and gain value from it.
Some of the benefits of having a utility coin mean we can add more gamification to the NFT holders and the actual locations.
This is the token address for anyone who wants to play the game (Did I say game? 😄)
We would never give Financial advice and as this is a tradable open free market token so all fair and square, but we will be removing a lot of these from supply. Especially NFT holders who receive the benefits from it makes this an interesting token to hold.
Token Address - 0xbB371C92FC865cf2D294d620CB2E209C0718714a