What is the use case for the native utility token - $PROPS?

$PROPS are utilized as a uniform method of settlement for all smart contract interaction and for all secure property transactions on the platform. The $PROPS token does not represent property value of the assets traded on the platform.

Users of the platform will require $PROPS to make purchase orders, create listings, and transfer yield generated on the platform. The smart contract interactions are designed to a specific task related to the property transaction process, each smart contract is coded in Move and requires $PROPS token to update on the Propbase global registry.

The $PROPS token also has a intelligently designed rewards protocol with a reserve of 35% of the total token supply allocated, to bring new users to the platform and reward existing users.