Core Function

CCN serves as the utility token for the metaverse ecosystem. Within the metaverse, CCN will undertake the following functions:

• Governance Mechanism: CCN acts as the governance mechanism of the metaverse ecosystem, enabling stakeholders to directly participate in shaping the project's future decisions and directions.

• Contribution Rewards: CCN provides holders with rewards for contributing to the metaverse ecosystem. Holders have the opportunity to earn exclusive NFTs and APY (Annual Percentage Yield) passively.

• NFT Product Circulation: CCN functions as the medium of exchange for metaverse NFT products, facilitating their circulation within the metaverse ecosystem.

Chaseto's ultimate goal is to transition to community-driven governance, where CCN will play a central role. The decentralized governance of the entire metaverse will utilize CCN for on-chain parliamentary elections, voting, and proposal decision-making.

Chaseto is highly adaptable to diverse metaverse business needs and data sharing. Its consensus protocol has a universal and standardized approach to recording metaverse data, accommodating both structured and unstructured information. This flexibility meets the cross-chain requirements as the metaverse business scope expands. This foundational design enhances CCN's versatility, enabling smooth circulation across various metaverse scenarios.

To ensure widespread participation before the CCN mainnet launch, Chaseto will establish a decentralized player system in a DAO autonomous format. Chaseto candy (CCA) will serve as the player reward token, which players will ultimately map to CCN based on the corresponding ratio.