Utilities
Use Cases of MetaXVG
Last updated
Use Cases of MetaXVG
Last updated
Metaverse and mobility tokens are digital tokens or cryptocurrencies that can have various utilities within the contexts of the Metaverse and the mobility sector.
MXVG - Token utility
The MXVG token is a utility and governance token ensuring the smooth functioning of the MetaXVG The MetaXVG protocol is designed to incentivize decentralization in urban mobility and mobility as a service (MaaS).
MXVG is used to pay for decentralized mobility services.
MXVG will be used in E-Vehicles and their related segments.
MXVG will be used in All Mobility and its related services.
MetaXG will bring MetaXVG Crypto Prepaid Card for international Expenditures.
MXVG is used to pay the fees for business transactions.
Users and operators will be rewarded with MXVG for contributing to carbon-neutral and sustainable mobility.
Token holders will be rewarded for staking (“committing”) their MXVG tokens with the foundation treasury.
Token holders will be rewarded for providing liquidity pairs (e.g. MXVG:ETH or MXVG:USDC) to the foundation treasury.
Governance:
The community will converge to a semi-DAO in which fully qualified community members (with staked and committed MXVG-holding wallets) will decide on the operations of the MXVGDAO.
On the way to that final state, the foundation will be putting certain decisions to a Web3 (DApp)-based vote on a case-by-case basis. Voting rights are given to those who have staked their tokens.
At its core, MXVG assures verified delivery of trusted services among mobility providers (e.g. scooters, bikes, trains, cars, planes, etc.) and their customers.
Within the scope of encouraging decentralization in mobility, we incentivize operators who collaborate in delivering integrated mobility services.
Within this incentivization scheme, we place special emphasis on “green mobility”; meaning that we will assign higher utility to green modes of transportation being offered or used.
More Utility of MXVG for future:
Payment for Mobility Services: Mobility tokens will be used to pay for various transportation services, including ridesharing, public transit, car rentals, and micro-mobility solutions like bike-sharing and scooter rentals.
Incentives and Loyalty Programs: Mobility providers will offer tokens as part of loyalty programs, providing users with rewards or discounts for using their services regularly.
E- Vehicles Services: Tokens will be integrated into mobility apps, allowing for easy and secure payment for transportation services without the need for traditional payment methods.
Token-Based Incentives for Sustainable Transportation: Some mobility tokens are designed to reward users for choosing eco-friendly transportation options or engaging in sustainable mobility practices.
Cross-Border Transportation: Mobility tokens will simplify cross-border transportation payments, reducing currency exchange hassles and fees.
Micropayments for Mobility Data: Tokens will be used for microtransactions related to mobility data, such as traffic information, parking availability, and real-time transit data.
Supply Chain and Logistics: In logistics and freight transportation, tokens can be used for payment settlements, tracking shipments, and ensuring the integrity of the supply chain.
Decentralized Mobility Platforms: In decentralized mobility networks, tokens may be used for governance, decision-making, and facilitating peer-to-peer mobility services.
Mobility MXVG tintiative will provide benefits such as increased efficiency, reduced friction in transactions, and the ability to create new economic models and incentives within their respective ecosystems. However, their utility and adoption depend on factors like technological infrastructure, user acceptance, and regulatory considerations.
