W3:Ride Club
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Tokenomics
Two currencies will be used. An in-game $Power coin and an on-chain $cyclr

$Power - Proof of Ride

This coin will be earned based on your ride performance

$Cyclr

This coin will drive the W3:Ride economy in-app and on-chain. Loot boxes, re-spins, re-mints, chops and minting new NFT bikes in the app will all be purchasable with $Cyclr. $Cyclr will also drive governance for the W3:Ride ecosystem including creating a treasury for NGO bike donations, park clean ups and more.
$power earned from rides can be converted to $Cyclr at a TBD ratio.
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Outline
$Power - Proof of Ride
$Cyclr