> For the complete documentation index, see [llms.txt](https://dity-1.gitbook.io/digital-tycoon/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dity-1.gitbook.io/digital-tycoon/dity-whitepaper/token-utilities.md).

# Token Utilities

Token can be used to access features provided in application and pay for fee. The table below displays how token will be used.

## Utilities

<table><thead><tr><th align="center"></th><th align="center"></th><th align="center" valign="middle"></th></tr></thead><tbody><tr><td align="center">Mint NFTs</td><td align="center">Charge</td><td align="center" valign="middle">40% burning, 10% community, and 50% treasury</td></tr><tr><td align="center"><p>DITY NFTs Market</p><p> (commission fees)</p></td><td align="center">Charge</td><td align="center" valign="middle">40% burning, 10% community, and 50% treasury</td></tr><tr><td align="center">Purchase DITY NFTs</td><td align="center">Charge</td><td align="center" valign="middle">40% burning, 10% community, and 50% treasury</td></tr><tr><td align="center"><p>Trade DITY NFT </p><p>(royalty fees)</p></td><td align="center">Charge</td><td align="center" valign="middle">40% burning, 10% community, and 50% treasury</td></tr></tbody></table>

## Price

The price of tokens for private sale is **$0.005** per token, and after the private sale is closed, the price is expected to be **$0.01** for public sale.

## Mint NFTs

After business owners consult with DITY team and make decisions on which marketing strategy suits their products or services and they decide how many NFTs (ex: NFT-based gift cards, vouchers, or coupons) they want, DITY team will mint those NFTs for them:

* Business owners have to pay fees to DITY team that mints NFTs for them.&#x20;
* Business owners have to pay for tokens that are used to mint their NFTs.&#x20;

## DITY NFTs Market

On DITY application, we will create a market for users to trade their NFTs, such as NFT-based gift cards, vouchers, coupons, membership cards, and more. DITY will charge a commission fee of **3%** on all NFT trades. This means that the seller will pay a **3%** commission.

## DITY NFTs

On the DITY app, we’ll create a "discount hub" feature to gather and display all available discount information.

* DITY will mint 9999 DITY NFTs.
* Users holding these NFTs will unlock access to more than just the discount hub—they’ll get entry to an "exclusive deals zone" with premium, high-value discounts.
