Utility and how to earn
- Create and buy community tokens
- Mint, Buy Land, and Sell
- Buy Scenes (virtual environments), and virtual goods ( collectibles)
- Act as a medium of exchange for all Assets and value ( Lands, community tokens, and virtual goods) transacted within the Orbofi Marketplace
in the future, once we roll the Mass-multiplayer world and the Orbofi experience creator, $OBI will be the main currency to pay for goods and services inside the immersive virtual experiences build by people, communities, and brands.
Orbofi introduces the "socialize-to-earn" model, which is a system that rewards participants who create and join Communities and create virtual Social Hubs inside their Land.
- Orbofi implements a Socialize, level-up, and earn as its main incentive mechanism
- People earn $OBI, the governance token, and $OEQ, the in-metaverse token, by creating and Joining Orbs, by increasing their social pools and acquiring social NFTs, and connecting/playing/consuming/creating with the people consisting of that social pool.
- $OBI and $OEQ can be earned by acquiring and staking social NFTs to received share of the revenues generated by their respective Orbs
- People earn $OBI and $OEQ by achieving social milestones - ex: connecting with people who share the same interests, connecting/exploring/creating with people from other regions