What exactly is Item Token?

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Purpose of ITEM (ITEMVERSE Platform Token)GameFi Direct Investment, NFT Item Purchase, and Transaction ChainBinance Smart Chain (BSC)

Use in-game

Used to buy, sell, evolve, and synthesize NFT items.

GovernanceDAO proposes and votes on platform development, DAO direction, and DAO direction.

Factors Influencing GameFi Revenue

1. Staking: Users deposit tokens, earn interest, and provide pools over various time periods.

2. Yield Farming: Earn interest by providing collateral for LP token pools and NFT pools.

Tokens given out in the game
Each game added to the platform has its own set of in-game goods that can be exchanged for tokens from ITEM or other games via DEX.

Because these tokens are frequently issued and burned and must be used in the game, issuing them as BSC tokens with high gas costs imposes a significant fee burden.
It will be issued as a token with an unlimited amount on the L2 chain, similar to Polygon and Optimism.
 
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