The $BOLD token is a fungible token that is smart contract-enabled. It serves as the primary token within the BOLD ecosystem, offering various utility functions and serving as a payment token.
The key uses of the BOLD token are as follows –
- Interaction with $BOLD for Creators
- Receive $BOLD in form of donations from their fans.
- Selected Creators can receive grants in the form of $BOLD from the BOLD grant treasury to finance the creation of high-quality challenges.
- Creators can fund a reward pool with $BOLD to incentivize users to engage and/or participate in their challenges.
- Stake or spend $BOLD to earn Energy passively over time or to receive Energy instantly.
- Interaction with Energy for Creators