🪙$VOOVOO
Will be introduced in Phase II
$VOOVOO is a utility token that acts as a reward for loyal holders and the driving force behind the vOOvOO Club and Hang OOut Social Platform.
For more information of Hang OOut, please visit HERE
$VOOVOO is earned through staking your NFTs and community events and can be spent to attend IRL events and metaverse parties, purchase merchandise, enter raffles, qualify for "Mask-off" in Phase III and more
1 $VOOVOO = 1 $VOOVOO
Token Distribution
Team – 20%
Reserved pool for future development of the project, and potential Liquidity Pool if we are going to list $VOOVOO on DEX platforms in the future.
Staking – 30%
Earned by staking your Lil vOOs into the club house on a daily basis. Generation rates depend on the rarity of your Lil vOO. To learn more about the rates, please visit Membership Program
Community Events – 25%
Rewards the holders through community events for meaningful engagement, solid contribution, events participation and more.
Hang OOut – 12.5%
Reserved for kick starting member initiated projects and events for the benefit of the whole community and our ecosystem.
Partnership – 12.5%
Distributed to future partnership with established service providers/platforms/brands to help vOOvOO Club continue to grow. Also for onboarding projects/DAOs to Hang OOut Social Platform.
Token Usage
Purchasing tickets to our Raffle;
Purchasing tickets to IRL/online events on Hang OOut Social Platform, either hosted by us, our partners or other holders;
Mint Future vOOvOO Club Collections;
Unlock benefits and entry pass to incubator programs within the community;
Represent voting power and governance in the community.
Notes
Lockup period: 2 years.
All $VOOVOO reserved by the team will be unlocked linearly over the period of 2 years
All $VOOVOO reserved for staking will be released to holders over the period of 2 years.
%Token owned = $VOOVOO owned/ $VOOVOO released, represents your voting power of all future development of vOOvOO Club.
Last updated
