The $EVENT token will be used to fuel the events that will be held and sold on the EventDAO. $EVENT Token will be used for prize claims, $EVENT Auctions, and event ticket sales will be done with $EVENT token within our own Marketplace.
$EVENT Token Distribution
Staking $EVENT Token grants $EVENT Auction rights as well as utilities for investors that want to conduct their own events.
The DAO's decisions will alter and change these utilities over time. Staking Tokens with a certain APR will allow investors to gain $EVENT, "Karma" points, Profile Roles, and other benefits on the EventDAO Dashboard.
With $EVENT, you will be able to vote in weekly auctions on the Event DAO Dashboard, allowing the community to choose the events for the following week. Investors can use the Artists catalog function provided by the Event DAO by staking $EVENT.
With all of these pre-planned changes, utilities are keen to improve and change over time, ensuring the DAO's progress and creating better utilities for investors.