IGNIS Utility
As mentioned previously, the IGNIS Token will have a double utility role:
As the Token upon which the IGNIS.Protocol™ rewards are distributed. The IGNIS amount is weighted by DEB for reward calculation purposes.
As the Utility Token of the IGNIS™ Marketplace.
All activity in the IGNIS.Anguis™ marketplace will pay a 10% income fee. This income fee will be used:
80% will be used to perform DIVA™
10% will be earned by Coding Division
10% will be kept by IGNIS™ Marketplace to cover maintenance costs.
Trading on the Marketplace will have reduced fees when trading using IGNIS directly. Marketplace fees can be paid for in IGNIS tokens.
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