PetZ Gold Coin (PGC)
The PetZ Gold Coin serves as both a governance and utility token, granting users access to various governance features and playing a central role in PetZ's focus-to-earn ecosystem. It offers a range of utilities, including leveling up, minting, and facilitating of PetZ NFTs. It is a decentralized cryptocurrency that serves as the backbone of the PetZ ecosystem. PetZ Gold Coin (PGC) can be stored in a digital wallet, traded on exchanges, or used by smart contracts. It has a limited supply of tokens, making it truly scarce and deflationary.
Token Utilities
PGC is the backbone of the PetZ ecosystem. We have carefully designed incentive schemes to increase network effects and demand for PGC and to decrease its circulating supply.
Token Burn
One-third of all fees generated on the PetZ ecosystem will be used for a PGC repurchase until at least half of all PGC are burned. Any PGC bought this way will be burned.
Discount
Customers who hold a certain amount of PGC for a period will receive a discount on our products. This will further increase demand for PGC.
Products
PGC will mainly be used to pay for products on our platform. Every time a user buys anything on our platform will gain experience.
Governance
PGC holder has the right to vote on issues that govern the development and operations of PetZ.
Token Distribution
80% Liquidity Pool
10% Marketing, Airdrop & Rewards
5% Core Team
5% Partnerships & Advisors
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