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Token functions
in tokens ($MILE points) for each driver who contributes with data to the network (all they have to do is drive with the app open). $MILE is a stablecoin and will be the reward token for using the app and will be awarded 1:1 for each mile that the user travels. These can be exchanged for $NAVI tokens at the current market price and then used for vehicle upgrades, taking part in games and virtual racing competitions.
a. 3D NFT vehicles which will be seen in the app for the user and, optionally, for other users too. Their price will be tied to their rarity: $50-$1000 each starting price.
b. Vehicle upgrades: Vehicles can be upgraded and configured by spending extra $NAVI.
c. Acquiring the Brand Ambassador NFTs for passive revenue from all vehicle sales. They generate revenue the moment a vehicle NFT under that brand is purchased. Pricing will range from $1000 - $50.000 depending on the rarity of the Brand Ambassador NFT and potential for future revenue.
d. NFT marketplace for 3D Vehicles and Brand Ambassadors for trading,buying or selling these NFTs to other users.
e. Independent designers can develop 3D models of concept vehicles which they can sell and be rewarded in NAVI tokens.
users pay with $NAVI in the app and Atlas Navi pays with FIAT to the service provider/partner:
a) Vehicle insurance
b) Routine vehicle maintenance (discussions with Valvoline, Jiffy Lube, Just Tires, Take5, PEP Boys and other national chains).
c) Extended warranty
d) Car washes
e) Gas stations
f) Road tax
g) Tire servicing
h) Dash Cam / Phone mount sales
Last modified 9mo ago