KHOS TOKEN UTILITY
Last updated
Last updated
The Khosmium Token ($KHOS symbol) is designed as an interoperable utility token in the Khosmium protocol and platform.
It can be used to:
Purchase $IUM to buy in-game items
Participate in governance decisions
Provide benefits to players, such as unlock exclusive content, farming or access to events
Create new opportunities for sponsorships and partnerships
and more…
The main uses of $KHOS tokens are shown below:
1. Market
$KHOS tokens are utilized as a means of exchange within the Khosmium Ecosystem, facilitating secure and convenient transactions among participating users.
The Marketplace does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $KHOS entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in any relevant jurisdictions.
2. Buy in-game items
$KHOS can be used to purchase $IUM, which allows you to buy:
Battle passes.
Premium items from the in-house shop: Exclusive cosmetic items that can only be purchased with $IUM.
Initial packs of resources and items.
3. Participation
Owning $KHOS tokens allows holders to participate in a variety of events, such as raffles within Khosmium, tournaments, esports, and exclusive in-game events.
4. Governance
The aim is to promote a decentralised player-driven community, so token holders will have the opportunity to vote on future Khosmium frameworks and/or feature development proposals.
5. KHOS IDLE TIME.
Locking $KHOS will not only yield rewards in tokens, it will also reward players for in-game main player’s tasks and objectives. Specific details T.B.C. at a later date.
6. KHOS Liquidity Pool
A liquidity pool will be set up in a major DeFi Platform to ease buying and selling $KHOS for all our users. Liquidity Pools are a great tool to facilitate decentralised trading and lending without the need for offers of sale, while normally offering a higher degree of privacy and higher yields than those found in Centralised Exchanges.
