> For the complete documentation index, see [llms.txt](https://qubi-whitepaper.gitbook.io/qubi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qubi-whitepaper.gitbook.io/qubi/section-3-economic-model/3.2-introduction-to-the-usdqubi-token.md).

# 3.2 Introduction to the $QUBI Token

At the heart of QUBI's economic model is the $QUBI token, which serves as the native currency and utility token of the platform. $QUBI tokens are used for transactions, governance, and incentivization within the ecosystem, providing holders with various benefits and privileges. As the primary medium of exchange on the platform, $QUBI plays a crucial role in facilitating crowdfunding campaigns, rewarding participants, and governing platform policies through decentralized decision-making processes.