Token Utility

Holders of the $GMO token can participate in gaming competitions and exchange in-game assets. Holders can participate in the ecosystem's governance layer and cast votes for platform roadmap features and new game content.

Game Payments and Entry Fees	Players need $GMO Tokens to pay items, such as entry fees to skill-based tournaments in GAMIO games.
Gameplay Rewards	Initial incentives for all supported games are paid in $GMO; sponsored prizes will replace these in the future (partner tokens)
NFTs Purchases & Renting	Players need $GMO to purchase various in-game items, custom platform avatars and other assets in GAMIO. Renting of NFTs (game characters, items, virtual lands) will be facilitated in $GMO token
NFTs Upgrades & Breeding	In certain games, there can be upgradability and breeding ability that require $GMO tooken.
Marketplace	Marketplace will enable the community to purchase, rent and trade in game items in $GMO token. Items include game characters (such as Snake NFTs), in-game items, and virtual real estate such as Maps and GAMIO LAND and partner NFTs.
Voting	$GMO will allow holders to participate in decision-making about the platform features and game roadmap.