[ 2023-2024 ]
Legal Disclaimer
Raise
Tokenomics
USE CASES
[ of RAISE token ]
Gas fee token
The RAISE token will be one of the payment options for transaction fees along with other tokens like USDC, and USDT (the list is subject to change). Users opting out to pay with RAISE will not be charged an additional paymaster fee on top of the network fee so, paying with RAISE will be a relatively cheaper option concerning gas fees.
xRaise Guild
gRAISE token holders, users will gain access to advanced product features.
Subscription trials
If a game enables a grace period for subscriptions (trials), gRAISE token holders can try the product before paying. If the user likes the service and hasn't cancelled their subscription before the trial period ends, payments will be automatically charged.
Buybacks
If legally permissible, a specific portion of the fees collected from all xRaise products may be allocated to buy back RAISE tokens from the market.
Governance
When users lock 1 RAISE token, they will receive 1 gRAISE token in return. gRAISE tokens will be used for governance voting, where each token equals one vote for a proposal.
We are currently abstaining from permitting token holders to manage the Company treasury and the potential Protocol treasury, either formally or informally through voting. Token holders will not possess company shares or similar ownership privileges.
Fee subsidy
gRAISE token holders will be able to enjoy a limited number of completely subsidised transactions (gasless transactions) depending on their gRAISE token holdings. Games who locked their RAISE tokens will be able to subsidise transactions for their users.
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