KKC Tokens

The KKC token is an ERC-20 utility token designed to be the digital currency in the Knoknok virtual world. KKC tokens allow users to access, trade, earn, and govern on the Knoknok gaming social platform. For example, KKC tokens can be used to participate in game tournaments, purchase and upgrade game characters, buy SPACE or other in-game digital items etc. Owning KKC tokens also gives players governance rights, which include submitting proposals, voting on key decisions such as project roadmap, new game content, additional social features, creation of prize pools, and funding of other projects within the Knoknok ecosystem.

	Purpose	Description
Gameplays	Entrance fee	Players need to use KKC tokens to pay for game entrance fee or buy in-game assets
	Play-to-earn	Winners of the gameplays are rewarded with KKC tokens
Social Activities	Pay for services	KKC tokens are used to pay for specific services in social settings, such as livestream exposures, chat house promotions to targeted audiences
	Social-to-earn	Completion of social tasks are rewarded with KKC tokens
NFTs	Buy and trade	KKC tokens are used to buy NFT assets such as SPACE, Cute ELF, ELF Egg, and other digital assets
	Upgrading and breeding	KKC tokens are used to upgrade existing Cute ELF or breed ELF Eggs
Marketplace	Trading	KKC tokens are used for all secondary trading activities in marketplace
Staking	Staking-to-earn	KKC tokens can be staked, by providing liquidity on Knoknok platform token holders can earn interest on their staked tokens
Staking	Governance and Voting	KKC token holders can participate in voting of key decisions such as project roadmaps, game & social functions, prize pools, treasury management and more