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

# Token Utility

The Scorefam utility token is the sole form of currency to be used within the Scorefam Ecosystem.

**Token Utilities**

In-App Currency: SFT  would be used to engage in some betting features and purchase ad slots.

Staking (In the future, a staking feature will be implemented)

Rewards: It would be used to reward users who partake in bounty quests, and contests, and place bets on the locked and flexible gaming.

 

**Token Economy (In-App)**

**Players**

Users interested in the no-loss betting called “Locked gaming” & Flexible gaming features would be required to purchase the SFT from either a DEX or CEX.

Locked Gaming: Users would pay a 1% withdrawal fee.

Flexible gaming: Aside from the withdrawal fee, there would also be an 80% deduction on wrong predictions.

**Projects**

External projects interested in placing ads would be required to buy SFT tokens. 

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**Governance:** Scorefam token holders will be able to vote on platform changes and improvements.