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Token Utilization in Chatrai

An explanation of how the Chatrai token is used within the platform and its key functions.

The Chatrai token plays a vital role in the ecosystem by driving platform utility and user engagement. Key utilizations include:

  1. Payment for Premium Services : Users can use tokens to unlock premium features such as extended message storage or additional encryption options.

  2. User Incentives : Active users on the platform can earn tokens as rewards for their participation.

  3. Message Validation and Transactions : Tokens are used to validate and record messages on the blockchain, ensuring secure and transparent transactions.

  4. Chatrai Ecosystem : Tokens will play a vital role in the ecosystem, enabling integration with other services such as third-party applications powered by Chatrai.

  5. Staking : Users can stake tokens to support network security and earn rewards.

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Last updated 5 months ago