# Other Protocols **Platform Protocols** 1. **Token Generation:** Token will be generated only at the Token Generation Event, and allocation would be done as per the percentages shared and release schedule. 2. **Token Burn:** To ensure market equilibrium of demand and supply of EDV token, the edverse protocol burns the token. This will be a certain percentage of the platform revenue. 3. **EDV vs Fiat:** EDV payments will be accepted for services at a discounted rate vs other cryptocurrencies/ fiat currencies. 4. **In-Game Currency and EDV:** The in game currency can be traded for EDV token for the purpose of trading or sale. **Blockchain Protocols** edverse uses decentralized protocols of its partner blockchains to enable rental and sale of Ed-NFTs, track ownership of token, capture the learning journey of learners and other use cases. Some of the protocols used on edverse (not exhaustive) are: * ERC-20 and its extensions * ERC-721 and its extensions * ERC-1155 and its extensions These may change depending on the use cases and future development. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://edverse.gitbook.io/edverse-whitepaper/overview/governance/other-protocols.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.