# 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.


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