The SPAT token is the primary currency and an essential part of the Meta Spatial ecosystem. SPAT is a BEP-20 token built on the Binance Smart Chain blockchain using as the basis for transactions in the Meta Spatial and has the following functions:
Accessing the Meta Spatial platform, players spend SPAT to play the game, buy assets to generate NFTs to use in the game, or resell to other players.
Governance: SPAT is a governance token that allows holders to participate in the platform's governance decisions using a DAO structure. They can execute voting rights on critical factors such as allocating Foundation funding to game and content creators and feature priorities on the Platform Roadmap. SPAT's holders can vote by themselves or authorize voting rights to other selected players.
Fee Model = 5% of all trading amount by SPAT (Transaction Fee) that will be allocated with 50% to the Staking Pool as a reward for holders of SPAT staking token and rest 50% for '' Foundation''.
Foundation: Foundation's role is to support Meta Spatial's ecosystem, providing grants to incentivize NFTs creation, high-quality content and games on this platform.
Spat is also used to pay for advertising services and space tours in Spatial Galaxy