Lovelace World
  • Abstract
  • Background
    • Limited Secondary Market with NFTs
    • Current NFTs are Without Purpose
    • Oversaturation of Non-Differentiated Marketplaces
    • The Case of Too Little or Too Much
  • Solution
    • Metaverse-as-a-Service
    • Incentivization
    • The Future of Crowdfunding
    • Interoperability
  • Our Products
    • Lovelace Marketplace
    • Comprehensive Creator Tools
    • LoveLoot Launchpad
    • Adanimals
  • Infrastructure
  • LACE Token Functionality
    • Governance
    • NFT Discounts
    • Native Staking
    • NFT Experiences
    • Lovelink Connector
    • LaceUP Launchpad
    • Economics
  • Our Stakeholders
  • Roadmap
  • Partners
  • Disclaimers
  • Additional Resources
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LACE Token Functionality

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Last updated 3 years ago

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$LACE Token is the primary form of value transfer and spend on the Lovelace platform. It is also used as a governance token to enable token holders and the broader Lovelace community as a whole to participate in specific decision making within the protocol and platform.