Tokenomics Overview

Our tokenomics system is designed to integrate sustainability, community engagement, and transparency through blockchain. Below is a detailed explanation of the tokens and their roles within the ESGPORTS ecosystem.

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Token Descriptions

Token	Purpose	Details
VW (Water Virtual)	Human Impact Data	Represents water pollution prevention. Recorded as profile data and used for NFT creation.
WCO (Wasted Cooking Oil)	Environmental Data	Tracks the contribution of 1 liter of used cooking oil by citizens, promoting recycling and eco-awareness.
RET (Resource Efficiency Token)	Biofuel Data	Represents the conversion of 1 liter of used cooking oil into biofuel, emphasizing circular economy and resource efficiency.
Discourse Badge	Community Rewards	Represents user achievements in forums and activities, convertible into reward tokens.
Share ESG Token	Governance & Utility	The primary token of the network, enabling governance, staking, rewards, and exchange listing.
Reward Token	Incentive	Distributed for exceeding community contributions. Burnable into Share ESG tokens.
Biofuel Token	Real-World Asset	Represents 1 liter of biofuel. Token value tied to real-world biofuel prices.
DAO Main Voting Token	Governance	Used for voting in the platform’s main DAO. Acquired by staking Share ESG tokens.

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Detailed Explanations

VW (Water Virtual)

VW tokens represent the prevention of water pollution by users. These tokens are converted into profile data and are no longer transferable as tokens. This simplifies the system for users while maintaining traceable and blockchain-verified proof of environmental impact. VW tokens can also be utilized to contribute to NFT creation, reflecting the user's commitment to water conservation.

UCO (Used Cooking Oil)

UCO tokens are awarded when users deliver 1 liter of used cooking oil to designated recycling centers. This incentivizes proper waste disposal, prevents environmental pollution, and encourages eco-friendly behavior. The token serves as a digital record of individual environmental contributions, stored transparently on the blockchain.

RET (Resource Efficiency Token)

RET tokens represent the conversion of 1 liter of used cooking oil into biofuel. These tokens are crucial to the circular economy model, demonstrating the efficiency of resource usage and promoting sustainable practices. RET tokens emphasize the tangible impact of turning waste into renewable energy.

Discourse Badge

Discourse badges track user participation and achievements in community forums. These badges are recorded as profile data and can be converted into reward tokens. For instance, users may earn badges for identifying inappropriate content or contributing to discussions, which can then be exchanged for incentives, encouraging active engagement.

Share ESG Token

The Share ESG token serves as the core utility and governance token of the ESGPORTS platform. It is used for governance voting, staking, and earning rewards. As the primary token, it is also tradable on exchanges and plays a vital role in the decentralized decision-making process within the platform.

Reward Token

Reward tokens are issued to users who exceed their environmental or community responsibilities. These tokens act as stablecoins with a fixed value and can be burned to convert into Share ESG tokens, allowing users to upgrade their role in the ecosystem.

Biofuel Token

Biofuel tokens represent the production of biofuel, with each token tied to 1 liter of biofuel. These tokens reflect the real-world value of renewable energy and can be traded or utilized by companies aiming to meet sustainability goals.

DAO Main Voting Token

The DAO Main Voting token allows users to participate in platform-wide governance decisions. These tokens are earned by staking Share ESG tokens and provide users with the opportunity to influence key operational and strategic decisions within the platform.

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This detailed tokenomics structure ensures transparency, user engagement, and alignment with global sustainability goals, while leveraging blockchain technology to create a scalable and impactful ecosystem.