Alpha Petto Shells (APS) are an ERC 20 utility token of the Pettoverse. Holders will participate in the decision-making of the future of Petto: supporting game evolution and deciding on the allocation of a community treasury.

APS is a reward mechanism to encourage platform usage, players’ activities, content creation, or other ecosystem-specific functions. 

Petto drives platform incentives with its native token, rewarding players for their efforts and loyalty. APS can be earned by owning a Petto, playing games in the Pettoverse, or delivering value-adding activities to benefit Petto and the entire community.

APS holders will receive rewards, access to exclusive benefits in the metaverse, and the right to effect changes of further ecosystem development. 

The APS token is designed for:

Governance
APS token holders have the right to participate in governance voting and decision-making to help shape the future of the Pettoverse. 


Staking 
Holders can stake the APS that allows them to earn monthly rewards.


Payment
Players can use the APS token to conduct payments inside the Pettoverse for unlocking the Premium features, territories, and game assets.

Alpha Petto Shells

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MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

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