Tokenomics and Incentives
Tokenomics is the study of how cryptocurrencies and digital assets can be designed to incentivize specific behaviors within a community or ecosystem. In the context of Urban Array, RRAY tokens serve as the primary mechanism for incentivizing community participation and collaboration. Key aspects of our tokenomics model include:
RRAY token distribution: Members can earn RRAY tokens by contributing their skills, resources, or time to Urban Array projects and initiatives.
Voting power: The number of RRAY tokens held by a member determines their influence in decision-making processes.
Incentivizing collaboration: RRAY tokens encourage members to collaborate and contribute to the community by rewarding their efforts.
By leveraging tokenomics and the DAO structure, Urban Array fosters a sense of ownership and participation among its members, promoting a thriving and collaborative ecosystem.
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