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Cripco to Release Tokenomic Update

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Cripco has announced the launch of its new IP3 token economy for the CRIPCO DAO. This new system encourages participation, rewards contributions, and facilitates decentralized decision-making within the Cripco ecosystem. All participants, including holders of WADE Family and Friends, OOZ & mates, and WADESIDE NFTs, are expected to benefit from and contribute to the ecosystem’s growth.

The IP3 token economy revolves around three main use cases: governance, rewards and incentives, and access to exclusive experiences. Additionally, users can stake their $IP3 tokens to earn extra rewards, thereby enhancing the security and stability of the ecosystem. The tokenomics model is designed to support long-term growth and reward active participants in the ecosystem.

Event date: February 28, 2024 UTC
CRIPCO
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Today, we’re excited to announce the $IP3 token economy for the CRIPCO DAO. It is designed to foster participation, reward contributions, and enable a decentralized decision-making process within our ecosystem.

The token economy is crafted to ensure that all participants—holders of WADE Family and Friends, OOZ & mates, and WADESIDE NFTs—benefit from and contribute to the ecosystem's growth.

Use Cases and Benefits

The $IP3 token economy is built around three core use cases:

1. Governance: $IP3 holders will have a say in the future direction of the CRIPCO ecosystem, from decision-making on project developments to contributions to the community treasury.

2. Rewards and Incentives: Active participation and contributions to the ecosystem will be rewarded with $IP3 tokens, fostering a culture of engagement and collaboration.

3. Access to Exclusive Experiences: Ownership of $IP3 tokens opens the door to a world of exclusive content, digital and physical events, and unique collaborations within the CRIPCO ecosystem.

4. Staking: Users can stake their $IP3 tokens to earn additional rewards, contributing to the security and stability of the ecosystem.

Tokenomics at a Glance

Our tokenomics model is designed with sustainability and community benefit in mind, ensuring that the distribution of $IP3 tokens supports long-term growth and rewards active ecosystem participants. Leaderboard and airdrop-related updates will come next. Stay tuned!
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