$ALLOCA Token
Utility
NFT staking
Alloca NFTs function as a digital loyalty membership, so users holding NFTs would be classified into different loyalty tiers with their respective privileges. By staking NFTs, active users which engage with the ecosystem through activities such as promoting/marketing campaigns, events, influencer/referral/OG activities, trading and launch participation, or completing ecosystem quests, users would be able to earn $ALLOCA rewards for their participation.
WL Raffle
$ALLOCA grants the holder access to certain exclusive privileges, such as whitelist raffle for Chad Sales
XP Boost
Holders which hold $ALLOCA to participate to earn “XP” for meaningful actions on Alloca (e.g. trading and launch participation, completing ecosystem quests and missions) would earn XP at a boosted rate. This would encourage users to hold $ALLOCA to participate in activities.
Governance
To promote decentralised community governance for the network, $ALLOCA would allow holders to propose and vote on protocol governance proposals to determine future features, upgrades and/or parameters of Alloca, or provide feedback.