SNAKEHORSE Space is an open, social, and persistent metaverse platform built on blockchain technology. In the SNAKEHORSE Space, any participant can purchase land, create or transfer NFTs, and immediately utilize and profit from them within the constructed metaverse.
The SNH token has multiple roles and functions within the SNAKEHORSE ecosystem. It is used as the main currency for buying land, leasing, trading NFTs, and conducting virtual commerce. Users can also interact socially, develop their personal spaces, and participate in land development. The SNH token is essential for engaging in the immersive virtual reality world of SNAKEHORSE and driving the ecosystem's growth.
SNH
The token economic model of SNH
1% of the trading fee will be distributed to all users who provide liquidity to the pool, to encourage users to add liquidity and act as market makers.
1% of the trading fee will be sent to a black hole address and burned, reducing the total supply of the token and increasing its value.
1% of tokens will be deducted for each transaction, and combined with USDT into a trading pair to enter the pool to increase liquidity
1% of the tokens are deducted from each transaction and enter the marketing address, so as to have funds for marketing promotion and publicity
1% of tokens are deducted from each transaction as a reward for superior recommenders to attract more people to participate in the project
The total supply of SNH tokens is 2,100,000,000 and will never be issued
SNH tokens are used as the main currency in the SNAKEHORSE space to conduct various transactions and purchase goods and services.
SNH tokens can be used to purchase and lease land in the SNAKEHORSE space, thereby establishing a personal space or conducting business activities in the metaverse.
SNH tokens can be used to buy, sell and trade non-fungible tokens (NFTs) in the SNAKEHORSE space, including digital artworks, virtual assets, etc.
SNH tokens, as the common currency in the SNAKEHORSE space, provide users with social, interactive and entertaining ways to communicate and cooperate with other users.