🧩 Utility

The EDC token plays a crucial role in the EduChain ecosystem, driving development and bringing benefits to users. EDC tokens are used for various purposes, including:

• Mining reward allocation: A portion of EDC tokens is allocated to reward users participating in the mining process. This reward allocation encourages users to contribute to the security and decentralization of the EduChain network.

• Transaction fees: EDC tokens are used to pay transaction fees on the EduChain platform. Using EDC tokens for transaction fees promotes token usage and generates revenue for the ecosystem.

• Marketing and sales: A portion of EDC tokens is used for marketing and sales activities to attract new users and promote the EduChain ecosystem. Using EDC tokens for this purpose ensures transparency and efficiency in resource utilization.

• Payment for platform services: EDC tokens are used to pay for services on the EduChain platform, such as courses, consulting services, etc. Using EDC tokens for payments promotes token usage and benefits users.

• Rewards and commissions: EDC tokens are used to reward users participating in promotional programs, referring new users, etc. Using EDC tokens for this purpose encourages user participation and fosters ecosystem growth.

The EDC token plays an essential role in driving development and bringing benefits to EduChain users. Its use for diverse applications ensures the sustainability and efficiency of the ecosystem.