Token Utility

The token utility of Artifest's token, "$AFT," within the platform ecosystem encompasses several key functionalities:

Ownership Representation: $AFT token represents ownership of fractional shares of high-value real-world assets listed on the Artifest platform.


Transaction Medium: The token serves as the primary medium for conducting transactions within the platform. It facilitates the purchase, sale, and trading of fractional ownership stakes in the tokenized assets.


Governance and Voting Rights: $AFT token holders possess governance rights within the Artifest ecosystem. They can participate in decision-making processes through voting mechanisms, contributing to platform development and asset curation.


Rewards and Incentives: Holding or staking $AFT tokens may offer users rewards or incentives within the platform. These rewards could be in the form of additional tokens, discounts, or other benefits, encouraging active participation and engagement.


Platform Fee Payments: $AFT tokens might also be used to pay for platform fees, such as transaction fees or service charges associated with asset trades or management within the Artifest ecosystem.


The $AFT token serves as a versatile asset within the Artifest platform, representing ownership, facilitating transactions, providing governance rights, offering potential rewards, and potentially being used for platform-related fees, thereby integrating itself deeply into the functionalities and operations of the platform.