DeepSpace token (DXO) is the native token of the DeepSpace platform. DeepSpace is a community-driven play-to-earn blockchain metaverse platform that allows users to explore space and be innovative to create their own civilizations, look out for new universes, and conquer new lands within the metaverse. Metaverse is a concept where the fictional and real world unite, bringing together virtual and augmented realities and the internet and real life. In other words, DeepSpace is mainly an NFT-based game in virtual space.

Users have the opportunity to earn valuable assets in the form of NFTs while they play. Competing against other players can be a profitable way to make more assets, items, commodities, and a piece of land. Moreover, the users can trade the virtual assets for profit.

The platform seeks to get creative and talented designers as part of their community to contribute to the growth of the metaverse. DeepSpace utilizes Netvrk’s advanced tools to allow anyone to create or interact with virtual objects. Creators can come on board and design, collect, or trade spaceships that can be used to travel across the galaxies of the DeepSpace metaverse. Moreover, the creators can earn from the DeepSpace NFTs marketplace by renting, trading, and selling those virtual assets for profit.

DXO is an ERC-20 token. ERC-20 is the token standard used on the Ethereum blockchain. DXO offers many use cases on the platform like it can be used to pay for transactions to get NFTs and other in-game assets. In addition, the token provides governance and staking rights to the token holders. Users holding DXO tokens can vote in community proposals and important decisions about the system parameters. Also, users can stake DXO tokens to the DXO-Ethereum liquidity pool and earn yield for the positions.

Further, DXO is a multichain-compatible token that was initially deployed on the Ethereum blockchain and is now bridging to Solana and other blockchains.

The maximum total supply of DXO tokens is 1 trillion tokens.

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