> For the complete documentation index, see [llms.txt](https://rico-matrix.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rico-matrix.gitbook.io/whitepaper/token-overview.md).

# 🪙 Token Overview

***

<figure><img src="/files/jubYdrWF8kIMHLeIwAKx" alt="" width="188"><figcaption></figcaption></figure>

RICO Token is the native utility token of the decentralized *Rico Matrix* ecosystem, designed to facilitate a "Learn-to-Earn" framework that rewards users for engaging with Web3 educational content. RICO Token is primarily used to power the platform’s ecosystem, providing access to educational resources and enabling a seamless experience for users to earn rewards. Authors can utilize RICO Token to publish books as Soulbound NFTs, earning royalties while contributing to the digital book marketplace.

The token is integral to the platform’s dual-matrix rewards system, offering users opportunities to earn passive income through staking. RICO Token also supports governance features, allowing community-driven participation in platform decisions. With its focus on empowering users, enhancing education, and fostering sustainable growth, RICO Token serves as a functional tool within the ecosystem.

### <mark style="color:$primary;">Token Information</mark>

* **Token Name:** RICO
* **Symbol:** RICO
* **Network:** BNB Smart Chain (BEP-20)
* **Total Supply:** 100,000,000 RICO
* **Token Address:** `0x71a238ba3837896b6532b3514A58c483850ef458`

### <mark style="color:$primary;">Core Contracts</mark>

* **Staking Contract:** `0xe90b351a72ab1a535d763a98c9e6e260f8098042`
* **Airdrop Farming Contract:** `0xc51245341b66e7b2f0037596a92d5c37b9c00a7a`&#x20;
* **Book Library Contract:** <sub>**0xCe37f3309daA485CA52A742a6915103B966Db035**</sub>&#x20;

### <mark style="color:$primary;">Role of the Token</mark>

RICO is designed to act as:

* a utility token
* a burn-linked participation token
* a staking asset
* a creator ecosystem token
* and a long-term alignment layer across the broader Rico Matrix economy

### <mark style="color:$primary;">Why this matters</mark>

Many tokens exist with limited connection to product usage.

RICO is intended to be different by linking token utility to:

* publishing
* purchasing
* voting
* staking
* learning
* and participation across the Rico Matrix ecosystem

<mark style="color:$success;">**Next: 📊 Tokenomics**</mark>


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