Use Cases
$FANZUP is the utility token of the FanzUp ecosystem and has several use cases that create buying and burning (selling) events.
Like all FanzUp tokens, $FANZUP can only go up in price.
$FANZUP Token Use Cases
LaunchPad Service
To utilize the FanzUp LaunchPad, project owners will pay a fee in $FANZUP tokens to launch their token and take advantage of the proprietary “UP token” technology.
Token Promotion
LaunchPad projects can choose different levels of promotion through the FanzUp platform. Promotional service fees will be paid in $FANZUP tokens.
Promotional opportunities include:
Loan Collateral
$FANZUP is the primary token accepted as collateral for use in the Loanz lending platform.
Token Credit
$FANZUP is the primary token offered to claim as a “Token Credit” for new LaunchPass members.
MVP Prize
The MVP Prize Pool is awarded in $FANZUP tokens. Other LaunchPad tokens that contribute taxes to the prize pool are swapped for $FANZUP.
LaunchPass Bonus
A Profit Cap bonus or price discount is received when buying a LaunchPass with $FANZUP tokens.
Buyback Tax
1% of the membership fee (buy tax) from all LaunchPad tokens is used to buyback and burn $FANZUP tokens.
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