SOM is an ecosystem native BEP-20 utility token that:
- Stands for SOULS OF MΞTΛ and serves as a utility token
- Can be swapped to BUSD or BNB tokens
- Is used to buy and trade NFTs in the Marketplace and access Earn Mechanics
- Allows to buy and upgrade NFT characters, weapons, counselors, and land NFTs in SoulVerse
- Is paid for advertising space and promotional events within the game
- Provides Staking rewards
- Enables privileged access to in-game NFT Launchpad (SoulPad) Tiers
- Fuels NFT minting of new Game Levels and Assets
- Deflationary through token burn
- Grants up to 50% commissions discounts on any transactions and various other powerful incentives
SOM token will be the one to participate in the INO and IGO and will be the first to be traded on DEX and CEX exchanges or to be swapped with SMP on our DAX. SOM is the token you need to buy in order to become a SOULS OF MΞTΛ shareholder.
Depending on the settlement rank there will be the following Staking rewards for SOM:
*required for APY booster to apply
Settlements mechanics will be introduced in the later Town & Land game updates.