Inspirest Metaverse Token (iREST) is a valid token in the Inspirest ecosystem.

iREST is used for fashion events and fashion shows, shopping, access to stylist artificial intelligence models. iREST provides voting rights and priorities within the Metaverse. Stylists, fashion designers, and fashion artists participating in artificial intelligence models on the Metaverse obtain iREST tokens through artificial intelligence models. Users who participate in fashion events, shows, and competitions within the Inpirest Mobile APP earn iREST tokens.

The token has the characteristic of deflation after the 2022-Q3. 5% of every token transferred from the application to the cryptocurrency exchange market will be deducted as an expense. 40% of this deduction will be transferred to active accounts holding tokens, 20% will be burned, and 40% will be added to the marketing team’s budget.

• Share your style
• Users also can request the Artificial Intelligence System, which analyzes the styles
• you like by your votes, to make a combination for you. AI requests will also be
• paid with the Irest token.
• Irest will be used when an NFT is bought and sold in NFT Market Place
• Shop visits in the metaverse universe
• In-app sticker purchases
• Attending live fashion shows with VR

Inspirest has the right to buy-back iRest token from cryptocurrency exchange markets by using the liquidity pool. If this decision is made, an announcement will be shared on the official accounts.

The initial purpose of the burning account will be to celebrate when the project completes key milestones.

• If the total number of users in Inspirest App will reach
  • 1,000 -> 1,000,000 tokens
  • 10,000 -> 10,000,000 tokens
  • 100,000 -> 100,000,000 tokens
  • 1,000,000 -> 250,000,000 tokens will be burned from the listing & burning pools.
• When the Metaverse goes live, 100,000,000 tokens are planned to be burned.

The second purpose of burning more tokens is to contribute positively the price of iRest token in case of decreases that may occur in the crypto market. This move will be implemented when the team gives unanimous vote.

Inspirest aims to be an application that is actively used on every continent. For this purpose, Inspirest may need to make special agreements with fashion companies, global investment firms and stylists. In all these steps, those who want to be involved in the project will need the iRest Token to take an active role in the application. At the same time, critical advertising deals can be made to reach larger audiences. In such cases, Private sales account will be used. Bilateral agreements will be kept confidential in company financials. Once the project will achieve the goals in future, the team has the right to burn the surplus token or transfer it to the rewards pool.

iREST is a tool that users need to use inspirest app effectively. The Inspirest ecosystem is not only focused on spending iRest tokens, but also rewards members who complete tasks or use the staking feature. A reward distribution system was established to balance the power between those who buy tokens from the market and those who use the application more actively. For our long-term goals, we have a reward system formulation that continues forever. That’s why the prize pool has the highest share in the distribution.