Kriptoks

ClubRare Metaverse's native utility token is $MPWR, which allows community members to earn exclusive rewards, purchase and sell items within the metaverse, and attain special status within the ClubRare Universe. As a utility token, $MPWR plays an important role in facilitating transactions and incentivizing community engagement.

For creators, $MPWR staking on ClubRare Marketplace unlocks reduced or no-fee NFT trading, and access to ClubRare's premiere shipping and authentication solutions with major discounts. Creators can also launch their products in special ClubRare auctions, apply for grants, and pursue crowdfunding opportunities. By holding $MPWR, creators can enjoy a range of benefits, while simultaneously contributing to the overall growth and development of the ClubRare ecosystem.

For collectors, $MPWR serves as the official currency within the ClubRare Metaverse. In their dedicated showcase area, collectors can use $MPWR to personalize their space, equip their avatars, join guilds, and battle for exclusive access to real-world limited merchandise. Every $MPWR token spent on in-universe purchases is burned permanently, thereby reducing the overall supply of $MPWR and increasing its value.

The ClubRare community is at the heart of the platform's development, and $MPWR plays a critical role in incentivizing participation and rewarding community members. $MPWR is fairly launched and fairly run, with no private sales. When creators list NFTs and collectors buy and sell them, they earn $MPWR. Twenty percent of the entire token pool is reserved for staking rewards, providing opportunities for community members to provide liquidity, stake LP NFTs, and earn up to 180% APR.

The Ethereum-based $MPWR staking mechanism has allocated 10,000,000 MPWR tokens to the staking community, with tokens released daily over a 10-year schedule. This incentivizes long-term participation and ensures the sustainable growth of the ClubRare ecosystem.

ClubRare is building the future of commerce and physical distribution, centered around collectors. As a web3-native platform, ClubRare empowers individuals by connecting them directly to creators and the metaverse, as well as connecting the metaverse to the physical world. At ClubRare, collectors can communicate directly with each other and the creators they support. With innovative governance protocols, community members shape the evolution of the ecosystem, earn unique physical and digital rewards, and build their presence in the metaverse.

The mission of ClubRare is to create a collector-centered marketplace for physical goods on web3, become the bridge from the metaverse to the real world, and empower individuals to shape their destinies both online and offline. The distribution economy of the future is community-owned, empowering, and rewarding, and ClubRare is leading the way in building a more equitable and sustainable future for all.