Token Utility

HOOPOE will issue Utility Token namely HOOPOE VENTURES emblazoned with $HOOP sticker. Players use $HOOP as an native currency in HOOPOE Ecosystem on top of that it’s also tradable, and has burnt feature. $HOOPOE also has some other functionality such as:

1. Payment on the Platform.

2. Governance (Voting Right & Proposal).

3. Activities reward.

4. NFT Staking (Membership Cards can only be bought with $HOOP token.

5. Upgrading NFTs

6. 1% of HOOP token is burned for every transaction.