Utility

The OVO Token, issued by OVO (ovo.space), serves as the platform token and primarily empowers functions within the OVO ecosystem. As the OVO ecosystem expands, the OVO Token will be endowed with more features.

Governance

OVO token holders can join the OVO Governance DAO and vote, as well as participate in the project incubation process, including driving projects outside of OVO to join the OVO ecosystem.

Decentralized Copyright Protection Protocol (L3)

OVO token will be applied to the ​DCIM (Dual Copyright Inspection Mechanism) and innovative ​DAS (Decentralized Authentication Systems).

Incentivization

OVO token will be used for NFT-Mining rewards and some specific airdrop activities.

Ecosystem

OVO token can be used as a currency within the OVO platform, including but not limited to purchasing MysteryBox and deducting transaction fees. Additionally, OVO token will also be used for some new features planned on the platform.