SpacePath Governance Token

The SpacePath Governance Token (SP) is an ERC-20 token that will give users many benefits in addition to the DAO Governance aspect. 30% of the token will be released in conjunction to our NFT Platform launch via a 60-day yield aggregator protocol. We plan on launching the Beta NFT Marketplace on 11/14/21, several weeks after our token distribution begins via our yield aggregator.

Benefits of Owning SpacePath Token

When the NFT Marketplace launches, users will be able to earn SpacePath Governance Token a variety of ways, one of which being marketplace mining. In addition to earning tokens for buying and selling NFTs, collectors will earn SP while they own NFTs in their portfolios, generating passive income. Users will also earn SP by voting on NFTs to mint, as well as voting in competitions like head-to-head matches.

By holding the governance token, you get several benefits. In order to be eligible for marketplace mining, you must own the equivalent of 20 USD of SP token. Additionally, collectors who don’t own the equivalent of 20 USD of SP token will incur an industry standard 5% transaction fee on NFT purchases which will go to the SpacePath DAO treasury fund. Again, you can avoid all fees and generate passive income through marketplace mining by owning SpacePath token.