$SKY token is the only currency that the whole SkyVerse ecosystem functions upon. Holders will be able to earn $SKY through staking Sky Islands. $SKY is an ERC-20 token that runs on Ethereum, and is used throughout all of SkyVerse's builds.
1 $SKY = 1 $SKY
Below is a table summary of the correlation between Rarity and Yield of $SKY.
$SKY will be used in the following:
- SkyTicketer (Marketplace)
- Upcoming 2nd & 3rd collections
- Partnered collections (Eg. PxQuest X SkyVerse Pet)
- Auction bids for 1/1s or highly valued WL Spots. (Eg. Godjira Gen 2 WL Spot)
- Exclusive Merch Drop
- IRL Events Tickets (Eg. Super Bowl, Soccer Leagues)