> For the complete documentation index, see [llms.txt](https://docs.livlive.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.livlive.com/tokenomics/the-usdlive-token.md). # The $LIVE Token $LIVE is not just digital currency - it’s fuel for value-creating action. ### What $LIVE is $LIVE is the utility token at the heart of LivLive. $LIVE fuels value exchange, unlocks visibility tiers, and drives real-world reward loops - all tied to verified actions, not speculation. $LIVE has two access tracks: * Allocated $LIVE arrives with your presale (equal to its purchase price) and vests over time after the Token Generation Event. * Mineable $LIVE is captured with real activity - check-ins, reviews, AR engagement - with yield rates set by your tier Mining Power, with your wearable (the LivLive Wristband) reflecting your mining power status. Minting of $LIVE happens only through action, validation, and in-world proof of presence - no staking, no passive farming. Your $LIVE balance signals tier, early access, and proven activity. Spending $LIVE lets you open crates, boost AR visibility, enter flash hunts, and unlock premium rewards or tier upgrades. High Mining Power and early ownership translate into visible status and exclusive perks. Only presale holders start with a $LIVE allocation. Everyone else earns $LIVE tokens through action or by buying from early players, creating built-in scarcity and a natural demand curve. ### How token allocation works Each presale purchase includes a matching $LIVE token allocation. A $250 IGNITE comes with $250 worth of $LIVE - but it doesn’t unlock all at once. Tokens vest over time, helping manage inflation. #### Vesting Creates Alignment Allocated $LIVE unlocks on a 12-month fixed schedule, with \~8.3% released each month after activation. This gives players some tokens to use right away, while rewarding long-term engagement and reducing sell pressure. #### In-App Visibility The wallet interface clearly separates Allocated and Mineable tokens. Players can track: * Total $LIVE allocation * $LIVE unlocked this month * Time to next unlock #### Key NFTs = Post-Launch Access Each presale includes a wallet-bound NFT key, used to unlock post-launch chests. Higher-tier Token and NFT packs come with higher-tier keys. Some token crates are gated - only keyholders can open them. #### No Allocation After Launch Only presale Token and NFT packs buyers receive token allocations. Post-launch players must mine $LIVE or buy from early holders, creating a built-in supply bottleneck. #### Resale Leverage for Early Players To access advanced features, new players need $LIVE, and early participants hold it. This creates a secondary economy where demand is driven by access, not hype. ### How mineable $LIVE works Mineable $LIVE is earned through verified player activity, reflecting an emphasis on performance-based token rewards. No tokens are gifted or airdropped for passive use. Qualifying Actions to Mine $LIVE * Checking in at verified locations * Writing location-verified reviews * Leaving video reviews tied to specific zones or drops * Completing sponsor-linked quests or mission series * Capturing video at tagged zones or points of interest * Participating in flash hunts or high-speed AR scans * Validating the quality of reviews submitted by other players #### $LIVE Mining Power Your Mining Power determines how much $LIVE you earn per action. Higher-tier packs and therefore wristbands carry stronger MP multipliers, affecting both the rate and consistency of token drops. Each wristband tier has a mineable cap, setting a hard limit on how much $LIVE a player can extract from gameplay. This cap is visible in the LivLive app. **Every Token and NFT pack unlocks 50% mining bonus, guaranteed and reserved only for Pioneers in the Presale.** Relative Mining Power by tier: * Ignite = 1x * Rise = 2x * Luxe = 5x * VIP = 24x * Icon = 50x #### Yield Boosts Accumulating XP and completing quest chains can increase your $LIVE token yield, which may get boosted with mining multipliers. Hitting certain XP milestones may unlock temporary boosts, such as 2x rewards for 24 hours. #### In-App Tracking Players can monitor mining progress via a token bar that shows remaining mineable capacity. The stats dashboard displays: * MP score * Tokens mined * Tokens unmined remaining ### How $LIVE is used $LIVE powers nearly every major interaction across the LivLive platform - from unlocking chests and crates to leveling up your wristband tier, increasing visibility, or joining competitions. #### Chests and Crate Unlocks Players spend $LIVE to open randomized, gacha-style chests and crates filled with rewards. Crates may include cosmetic avatar upgrades, temporary XP multipliers, radar boosts, chest keys, or rare-access items. #### Tier Upgrades (Post-Launch) After onboarding, players can spend $LIVE to upgrade to a higher wristband tier. Each upgrade increases Mining Power, speeds your XP progression, and unlocks access to new AR zones, event types, and sponsor-linked visibility mechanics. #### Gameplay Enhancements $LIVE can also be used to activate radar pulses and increase local quest density. These token-triggered boosts may improve drop rates, unlock premium overlays in branded AR zones, or reveal more sponsor quests nearby. #### Global Competitions Players can join global prize competitions by spending $LIVE - or, in some cases, for free. Prizes range from gift cards and vacation packages to high-value items like cars. Higher $LIVE spend may unlock premium prize tiers, and players who complete more actions, like writing reviews or accumulating XP, improve their odds of winning. For example: Bob spends $10 in $LIVE to enter a competition for a premium prize. Jane joins a free-tier drawing and wins a weekend getaway. Judy enters the “Lambo” competition with $1,000 in $LIVE and boosts her odds through consistent in-game activity. #### Marketplace & Mods The LivLive marketplace offers players a way to personalize and enhance their experience. Players can spend $LIVE to purchase skins, overlays, mini-maps, and limited-event content. Mods also include custom quest filters, such as “flash hunts only” or “video quests nearby,” and function as social signals that reflect rank, rarity, and engagement tier. #### Future Utility Planned future uses for $LIVE include token-based referral multipliers, governance voting on crate mechanics and campaign zones, and permissioned resale of rare mods or quest keys in the marketplace. ### Why $LIVE holds real value $LIVE is backed by verified action - walking, scanning, creating location-tied content. Every token reflects real value creation. #### Brands Must Buy In Businesses can’t access players without $LIVE. They spend it to: * Sponsor quests * Incentivize video reviews and point-of-interest scans * Unlock campaign zones Every interaction costs tokens. Attention is priced through platform mechanics, not an ad model. Businesses compete for ongoing relevance. #### Circular Token Economy Players earn through action, spend on crates and upgrades, and feed tokens back into the system. Businesses must buy from the circulating supply - there’s no faucet. #### Anti-Inflation, by Design No passive mining. No staking emissions. No yield farming. $LIVE is created only through verified action, with per-player caps that scale by wristband tier as they create and build value on the LivLive network. #### Scarcity Increases With Demand As players and businesses join, demand rises while $LIVE issuance stays fixed. Both the mineable and circulating supplies become more scarce over time. #### Usage = Value $LIVE is not speculative - it’s a behavior-linked asset. Holding may show your tier while spending drives access, rewards, and visibility. ### Mineable $LIVE by tier The projected value of and yield associated with your mineable $LIVE changes with your wristband tier and is based on the $LIVE launch price, subject to market conditions. In the [Your Presale Guide ](/overview/your-presale-guide.md)section, you will find a table with the estimates for each wristband tier, the mineable $LIVE rewards.