What is OSR and what is it used for?

OSR is an essential part of Osiris platform and Osiris are working on establishing key mechanics that makes it intrinsically tied to Osiris platform and its value. OSR is an BSC-20 utility token built on the Binance blockchain that serves as the basis for transactions within Osiris, and has the following uses:

● Access Osiris platform: Players spend OSR in order to play games, buy equipment, or customize their Avatar character—and can potentially collect OSR through gameplay. Creators spend OSR to acquire ASSETS, LANDS, and through Staking. OSR Sales drive demand for OSR to purchase LANDS. Artists spend OSR to upload ASSETS to the Marketplace and buy Gems for defining Rarity and Scarcity.

● Governance: OSR is a governance token that allows holders to participate in Governance decisions of the platform, using a DAO structure. They can exercise voting rights on key elements such as Foundation grant attributions to content and game creators and feature prioritisation on the platform Roadmap. OSR owners can vote themselves or delegate voting rights to other players of their choice.

● Staking: OSR allows for staking, which allows for passive revenues on LANDS: you get more OSR by staking it. This is also the only way to get valuable Gems and Catalysts, needed for ASSET creation.

● Fee Capture model = 5% of all transaction volume carried out in OSR tokens (Transaction Fees) shall be allocated with 50% to the Staking Pool as rewards for token holders that Stake OSR tokens and 50% to the ''Foundation.''

● Foundation: The role of the Foundation is to support the ecosystem of Osiris, offering grants to incentivize high quality content & game production on the platform. To date, the Foundation has funded over 15 game projects and granted 100 artists to produce NFTs ahead of the public Launch in December 2020. The overall valuation of the metaverse grows through the valuation of all games funded by the Foundation, creating a virtuous circle to enable funding bigger games.

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