Core Utility of the ILU Token

The ILU token powers all transactions, governance, and value exchange within the ILov.eU, pronounced 'I Love You', ecosystem. Token holders can use ILU for a variety of purposes:

• Purchase Subdomains: Tokenized subdomains (e.g., nyc.ilov.eu, messi.ilov.eu) are bought and sold using ILU tokens.
• Stake in DAOs: Participate in hub or subdomain governance by staking ILU, gaining voting rights and rewards.
• Access Premium Features: Some hubs and subdomains may offer premium features, content, or services that can only be accessed with ILU tokens. For example, neymar.ilov.eu might offer exclusive content or early access to NFTs that require ILU tokens for participation.

Token Governance and Voting

ILU tokens grant voting rights in the Meta-DAO and local hub DAOs, enabling decentralized governance across the platform. Token holders can vote on important proposals, such as:

• New hub developments or subdomain applications.
• Changes to revenue-sharing models.
• Platform-wide updates or integrations.

For instance, a proposal to launch a new thematic hub like fashion.ilov.eu would require a community vote, and ILU token holders would use their tokens to support or oppose the proposal.

Staking and Rewards

ILU token holders can stake their tokens to earn rewards and participate in governance. Staking rewards are distributed periodically and can be enhanced through participation in specific hubs or subdomains. For example, staking ILU in soccer.ilov.eu might provide additional rewards when the hub generates revenue from sponsorships or fan engagement activities.

Cross-Hub Value Transfer

ILU tokens are the common currency across all hubs and subdomains, allowing for seamless value transfer between different business models. This ensures that subdomain owners can easily participate in multiple hubs without needing to convert to other tokens. For example, a subdomain owner with tokens in music.ilov.eu can use the same ILU tokens to invest in art.ilov.eu or celebrity.ilov.eu without additional conversions.

Revenue Sharing and Profit Distribution

ILU tokens facilitate revenue-sharing agreements between hubs, subdomains, and external partners. Smart contracts automate the distribution of profits, ensuring transparency and fairness. For example, if fashion.ilov.eu and luxury.ilov.eu collaborate on a joint campaign, the profits can be distributed automatically to all stakeholders using ILU tokens.