What can the $PAXW token be used for and why you‘ll need it.
pax.world isn’t just a vision for the future, it is a fully operational 3D world with video conferencing and spatial audio ready to welcome users in 2023.
In anticipation of our upcoming token listing, here’s a little more information about what you can do with your $PAXW.
$PAXW token explained
$PAXW is the native crypto token of pax.world that operates on Polygon (MATIC), a carbon neutral blockchain, and it aids users’ experience in numerous ways.
$PAXW fuels the digital economy and facilitates revenue generation and value transfer on both macro and micro levels in pax.world. Leveraging blockchain technology, our token opens up unmatched opportunities for every holder.
SHAPE the world around you
Stake to amplify- the amount and duration staked acts as a multiplier for rewards and votes.
Hold to vote- just one $PAXW token held gives you a say in the community.
Achieve to unlock- visit locations and complete assignments to unlock UI functionality and transport privileges or even $PAXW rewards.
Purchase to accelerate- pay or stake set amounts of $PAXW to obtain privileges or functionalities faster.
Engage to earn- participate in events, interact with the world and users, consume content and produce experiences to earn $PAXW rewards.
Although FIAT and other crypto currencies will be accepted in pax.world, the underlying transaction will always be in $PAXW.
Some examples of in-world commercial activities include:
- Virtual business headquarters and customer support offices
- Educational establishments offering engaging immersive learning
- Art galleries displaying and auctioning high-value NFTs
- Gaming with a variety of experiences for citizens
- Advertising on virtual spaces and in-world attractions
- Venues and arenas for concerts and live performances
Even further utility is expected as the metaverse concept becomes widespread.
Conclusion
With all that said, it’s easy to see why pax.world is one of the most highly anticipated new metaverse platforms of the industry, and why the $PAXW token is worth keeping an eye on.
Join our Telegram group and follow our social media channels to be among the first to be notified once $PAXW has been listed.
Written by Jelena Zecevic
