edverse whitepaper
  • Welcome to edverse!
  • Overview
    • Concept of edverse
      • Challenges of the existing education landscape
      • Addressing these challenges
      • The edverse revolution
      • How is edverse better than other Metaverse companies
      • How is edverse better than other Ed Tech companies
      • The Edverse Opportunity
    • Team and its legacy
      • Our Legacy
    • edverse Platform Features
      • Platform Features
        • The Metaverse Landscape
        • Immersive Courses
        • AI Assistant
        • LearnSpaces
        • Creator Tool
        • Marketplace
      • Official Links
    • Stakeholders and their roles
      • Educator
      • Learner
      • Creator
      • Promoter
    • Edverse Assets
      • Ed-NFTs
      • Promoter NFTs (Land)
      • Ad-NFTs
      • e-Cruisers NFTs
      • Style NFTs
    • EDV Token
      • Earning Tokens
      • Token Utility
      • Network effects
      • Demand Drivers
      • Allocation
    • Governance
      • Governance Council Functions
      • Governance Council Members
      • Community Members (EDV HODLers)
      • Other Protocols
      • Content Reviewer
    • Partnerships
      • Elysium
      • Polygon
      • Investors and Strategic Partnerships
      • Institutions who have partnered with us
    • Roadmap
    • Recognition and Awards
    • Platform Revenue Streams
    • Disclaimer
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  1. Overview
  2. EDV Token

Demand Drivers

Token Demand: The demand for token comes from the following factors:

  • Preferred medium of currency: Stakeholders will purchase services from the platform and from each other in EDV token vs other currencies due a difference in rates (platform fees is reduced if EDV is used instead of other options).

  • Mandatory use of token: Few use cases and functionalities will mandatorily require the use of token, enabling direct demand. Learners purchasing token from the market to buy courses form other Educator or content providers.

  • Limited supply and Token burn: A percentage of proceeds of the platform will be used to purchase EDV tokens from the market and burn them. This percentage will be set by the governance council to balance supply and demand. This ensures overall supply of EDV token keeps reducing with time, and thus the value of the token increases.

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Last updated 1 year ago