Flovatar DustPrice

(FDUST)

FDUST is the core utility token specifically designed to power the Flovatar creativity platform. It functions as the key currency for unlocking and accessing various unique features within the Flovatar ecosystem. By holding and utilizing FDUST, users can engage in advanced functionalities, participate in governance, and interact with the platform's innovative tools for creating and customizing digital assets, thereby enhancing their overall experience and creative possibilities within the Flovatar universe.

FDUST offers diverse utilities to enrich the user experience. It enables naming Flovatars and writing bios, creating new companion NFTs like Psyche Likee, and upgrading Flobit NFT accessories. Users can also purchase exclusive packs, unlock 3D printable Flovatar models, and participate in DAO voting for ecosystem governance. Furthermore, FDUST is essential for creating new NFTs via a dynamic generation builder, where pricing adjusts based on trait rarity. Future uses may include bridging Flovatar NFTs to other blockchains and creating asteroid homes.

FDUST can be primarily earned by owners of Series 1 Flovatars. These individuals receive FDUST daily over an extended period of 10 years. The specific amount of FDUST allocated to each owner is directly linked to the rarity score of their respective Flovatar. This mechanism incentivizes ownership of these foundational digital assets, distributing a significant portion of the token supply to the community based on their engagement and investment in the Flovatar universe.

FDUST operates on a deflationary tokenomics model with a hard-capped total supply of 500 million tokens. The token release is structured over a 10-year period. A key aspect of its design is a burning mechanism: whenever FDUST tokens are used for specific utilities within the Flovatar platform, they are subsequently burned and permanently removed from circulation. This deliberate design aims to progressively reduce the overall total supply over time, contributing to its scarcity and intended long-term economic stability.

FDUST distribution is structured to benefit both the community and project development. A substantial 40% of the total FDUST supply is specifically allocated to Flovatar owners, distributed daily over a 10-year period, rewarding early adopters and active participants. An additional 35% is designated for the Treasury, which is utilized for ongoing project development, strategic initiatives, and community grants to foster growth and innovation within the ecosystem. This allocation strategy ensures that 75% of the total token supply directly supports the community and its growth.

FDUST tokens are available for trading on various decentralized exchanges. These platforms allow users to exchange FDUST with other cryptocurrencies in a peer-to-peer manner, without the need for a central intermediary. Users interested in acquiring or exchanging FDUST can explore these decentralized venues to participate in its market.