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MPWR is the core utility token of ClubRare, serving as the main currency for the ClubRare Metaverse and the Phygital Metaverse ecosystem.
For the Creators, staking MPWR allows them to unlock reduced or no-fee NFT trading on the ClubRare Marketplace. They can also benefit from ClubRare's premier shipping and authentication solutions with major discounts. MPWR holders have the opportunity to launch their products in special ClubRare auctions, apply for grants, and pursue crowdfunding.
For the Collectors, MPWR is the official currency of the ClubRare Metaverse. They can use MPWR to personalize their showcase area, equip their avatars, join guilds, and compete for exclusive access to real-world limited merchandise. Every MPWR token spent on in-universe purchases is permanently burned.
For the Community, MPWR is fairly launched and run, with profit sharing for token holders. There are no private sales. Creators earn MPWR when they list NFTs, and Collectors earn MPWR when they buy and sell them.
The total supply of MPWR is 100,000,000 tokens, with allocations as follows: - 50% for Community Rewards - 20% for ClubRare Metaverse Rewards - 20% for Staker Rewards - 5% for Trading Rewards - 5% for Listing Rewards
Additionally, there are allocations for the Development Fund, Ecosystem Fund, Community Treasury, Reserve, OpenSea User Airdrop, Liquidity Management, Early Adopter Rewards, and Community Pre-sale.
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