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

# $CRIC The Utility Token

**$CRIC is a cryptographically secured fungible utility token built on top of the Binance chain**, It is a transferable representation of attributed governance and utility function specified in the CrickDAO Protocol. It is the in-house currency of CrickDAO. By giving gamers access to the $CRIC token, we are giving them governance and settlement powers. 

***$*****CRIC *****is a functional multi-utility token that can be used as a medium of exchange between participants within the CrickDAO ecosystem.*** The core use of $CRIC token is to provide a convenient and secure mode of transferring value and settlement between participants interacting within the ecosystem without any intermediaries. 

Anyone who wants to enter the CrickDAO metaverse will be given $CRIC tokens and they cannot use any other currency within the ecosystem. By doing this, we are making sure that every $CRIC holder enjoys equal rights and privileges. The community will look after itself and each other through the $CRIC utility tokens. 

![](https://1052455520-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FNEl02c8J1TfcTpLMB2Bt%2Fuploads%2FUVOfZy10Iw4WIs7VC356%2FCRD_Utility_token.png?alt=media\&token=96f77f58-cdfd-4f2f-ae8d-b76d71deee75)