TEMCO Token usage
TEMCO is used for data upload transaction fees when cold chain and luxury category sector participants upload data to the TEMCO platform for the use of TEMCO’s logistics blockchain platform service.
In addition, it is used as a service payment fee for luxury category vendor participants in the platform to list products in the premium product section of TEMCO’s marketplace and staking as a governance token to become a new genuine vendor participant by being recognized as a member of the governance council within the TEMCO platform.
Lastly, it is used as a governance token to exercise voting rights for the authentication of products listed in the TEMCO marketplace in the governance council that verifies the authenticity of products.
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