$KITS will be the ERC20 governance token for the Kosium metaverse. This contract will function as a community treasury as well that $KITS holders control. This treasury will print 2% $KITS annually.
With the community treasury, $KITS holders can vote to fund future game development, smart contracts that extend the Kosium metaverse with a Play to Earn model utilizing KITS, tournament contracts, etc.
The Kosium DAO will be able to collectively set prices on the in game equipment contracts as well. Almost every other parameter on the smart contracts for the economic system will be able to be voted on and set by the Kosium DAO.