Defient Token
The Defient token is the platform's governance token, earned through victories, specific stats, and ecosystem & community growth participation. It grants athletes/users the ability to mint new NFTs, participate in governance decisions, and ensures their voices are integral to the platform's evolution. The Defient token also serves to fund the community treasury, with the goal of Defient Sports becoming the first decentralized lifestyle sports brand operating sport league franchises worldwide.
The Defient token aims to align incentives between users, athletes, and sport. The mechanisms of the Defient token have two primary goals:
To reward users and athletes for participating in Defient Sports.
To decentralize the governance of Defient Sports and its leagues.
A Community Treasury will be established, receiving revenue generated by Defient Sports, including a portion of fees and potentially other income streams such as merchandise and NFT sales, tournament entry fees, licensing fees, league fees. This treasury will eventually be governed by token holders, allowing the community to directly influence the league's development and financial decisions.
Important Note: The Defient token does not constitute an investment vehicle. Holding Defient tokens does not provide an ownership stake in Defient Sports. This is strictly a utility and governance token that provides in-game incentives and future influence over the Defient Sports ecosystem. Defient Sports, its founders, and affiliates do not guarantee any returns if the holder speculates on the token as an investment vehicle.
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