# Main Features of SD³ Coin ($SD3) ### $SD3 COIN IS A NATIVE UTILITY TOKEN THAT POWERS THE SPORTS D³ ECOSYSTEM Sports D³ Ecosystem is where sports fans & investors are able to interact with sports clubs on two levels: 1\) Marketing, Merchandise-Related Digital Content, Brand Awareness & Fan-engagement, where sports fans can interact with their favorite sports teams or athletes through the use of NFTs & Fan (Utility) Tokens. Fan-tokens issued by sports clubs (e.g. FC Shakhtar token) will allow its holders to participate in polls, surveys, loyalty programs, and other forms of Clubs-to-Fans engagement. 2\) Investments (coming at a future date): Participation in the sports economy through Security Token Offerings (STOs), which allow fan-investor to acquire financial position(s) that entitle token holder(s) to a %-share of Economic Benefits associated with the tokenized asset(s). These are fractional ownership rights similar to traditional equity or debt instruments. ### THE USE OF $SD3 TOKEN ON THE PLATFORM All users on Sports D³ Platform are required to use $SD3 Token in order to gain platform access and participate in offerings on the platform, such as: * Initial Token Offerings (ITOs) administered by sports clubs on the platform * Minting and purchasing Club E³ (NFT) Offerings * Use of $SD3 token as a settlement currency to pay platform usage fees, commissions, sports merchandise purchases, and designated investments. * Earn a passive income from collecting network fees * Participation in Polls, voting on clubs to be added to the platform ### $SD3 TOKEN IS: * [x] Deflationary 20% of platform fees used to buyback/burn SD³-Coin * [x] Final Settlement Asset All transactions, auctions, and E³ offerings are settled in SD³-Coin * [x] A Governance Token SD³-Coin allows stakeholders and its community to grow and evolve the SD³ Platform ### 1.5% TAX ON $SD3 TRANSACTIONS A 1.5% tax rate is embedded within the smart contract that powers the $SD3 token and is charged against every transaction with the token. All proceeds of this tax burden are automatically accumulated on a pre-determined and publicly available Ethereum address. SD3 Community of token-holders will be able to benefit from the funds aggregated through this tax scheme as 100% of the proceeds will be allocated to community incentive programs, e.g. staking rewards, annual token burn, etc. Token-holders will be able to audit and verify the total balance of funds in the tax account at any given time by checking the public address on Etherscan. ### $SD3 TOKEN CAN BE OBTAINED FROM * Third-party exchanges * LP farming and/or staking * Governance staking/voting rewards ### $SD3 TOKENS CAN BE SOLD * on Sports D³ Platform * via established centralized exchanges (CEX) where SD3 has listing arrangments * via decentralized exchanges (DEX) Secondary sales of SD3 tokens may be subject to a lockup period or regulatory restrictions. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.sportsd3.com/tokenomics/main-features-of-sd-coin-usdsd3.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.