# Token Utilities

The $COH token is a versatile utility token within the Crypts of Horus (CoH) universe, designed to enhance the gaming experience through various use cases. Here’s a detailed breakdown of its functionalities and benefits:

### Overview

* **Utility Token:** The $COH token is central to the CoH ecosystem, with its primary emission through leaderboard rewards and competitive or collaborative game modes.
* **Continuous Improvement:** The CoH team, in partnership with Crypts of Horus PTY LTD, aims to continually enhance the token’s utilities to benefit the game and its players.

### Minting Gaming NFTs

* **Core Component:** $COH is essential for creating blockchain assets in CoH.
* **Access:** Players primarily use $COH to mint gaming NFTs, with special events allowing token spending for minting.
* **Free-to-Play:** Players can earn limited access to minting through in-game activities and leaderboard competitions.
* **Economy Balance:** Holding rewards and minting rates will be managed to maintain a sustainable and enjoyable game economy.

### Required for Crypt Transactions

* **Promotional Events:** The Crypt will host events to rebalance NFT supply with exciting rewards and offers.
* **Activation:** $COH tokens are necessary to activate the Crypt, with tokens accruing to the CoH team and 20% allocated for Active Staking rewards.

### Buying and Selling Assets

* **Secondary Sales:** Players can list and trade blockchain assets in $COH, with transactions requiring $COH.
* **Marketplace Fees:** 20% of the marketplace fee must be paid in $COH and sent to a rewards pool.
* **Future Sales:** $COH may also be used for future NFT primary sales.
* **User Experience:** To simplify transactions, purchases can be completed in a single transaction, with $COH bought on the open market and transferred to the rewards pool on the buyer’s behalf.

### Active Staking Rewards

* **Distribution:** $COH tokens will be distributed to players as Active Staking rewards by Crypts of Horus PTY LTD.
* **Funding Sources:**
  * **In-App Purchases:** 20% of net revenue from in-app purchases will be used to buy $COH for rewards.
  * **Fees:** 20% of royalty fees will be swapped for $COH for rewards.
  * **Crypt:** 20% of $COH used in the Crypt will go to rewards.
* **Participation:** Players must stake their $COH tokens and actively participate in the game to earn rewards.
* **Program Details:** Further details on the Active Staking rewards program will be announced later.

### Governance and Voting

* **Future Plans:** $COH token holders may be able to vote on token-related proposals via decentralised governance.
* **Proposal Topics:** Topics may include token reserve allocation, developer grants, daily rewards, and token supply changes.
* **Proposal Requirements:** A threshold of tokens will be needed to submit a proposal, as determined by the Foundation.
* **Foundation Role:** The Foundation will facilitate the curation of proposals and propose items beneficial to the ecosystem for voting.

The $COH token not only serves as a currency for transactions and rewards but also fosters community engagement and future participation in the governance of the CoH ecosystem.


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