> For the complete documentation index, see [llms.txt](https://fishandchipsclub.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fishandchipsclub.gitbook.io/whitepaper/economic-model/dual-token/usdnerd-token.md).

# $NERD TOKEN

The token is expected to be launched in the first half of 2023. The market conditions and the evolution of the project may change this date.

The $Nerd Token is a utility token at the heart of the N3rdGames ecosystem. 

### **EARN, BUY & SELL**

$NERD can be earned by winning tournaments, and reaching a certain weekly rank or score, but also by completing quests & missions. During the game, they will also be randomly dropped into boxes, some of which are free and some of which require a paid key to open. The $NERD token can be exchanged for cryptocurrencies or FIATs on an exchange (DEX or CEX) but also directly on the N3rdGames platform. 

### **$NERD STAKING** 

NERD holders will be able to stake their tokens on the protocol to receive NERD rewards from the treasury pool. To ensure its self-sustainability. this pool is automatically fed by a 5% fee taken on each transaction made on our marketplace and a portion of the revenues generated by the company, 

This mechanism aims to limit the amount of $NERD tokens on the exchanges, and therefore the selling pressure. It also rewards holders who plan with us for the long term by locking in their tokens. 

### **MINT OF NFTs**

The $NERD Token can use to mint all our NFT collections: the cartridge, but also all the ones we will co-build with our partners for special events. 

### **IN-GAME PURCHASE**

The $NERD token will be the native currency in the N3rdGames ecosystem. Thus, all transactions on our marketplace will only be available in $NERD tokens. 

### **BURN**

1% of the NFT Renting will be burned, creating a deflation process in $NERD total supply. If the transaction involves $NERD, the tokens will be automatically burnt. If another currency is used, then we will exchange it for $NERD on the secondary market and then burn it.