# 5.3. Token Economy

1\) Practical Value of GLU Tokens

• These use cases demonstrate that GLU tokens are aptly designed to meet the demands and challenges of the modern logistics industry. GLU tokens enable swift and efficient transactions in the global logistics market, transcending the limitations of traditional logistics systems.

• In line with the trends of digitalization and globalization in the logistics industry, GLU tokens are expected to significantly enhance the quality, efficiency, and transparency of logistics services. This will be crucial in securing a competitive edge and sustainable growth for GLONET UNIVERSE in the logistics market.

The GLU project envisions leading digital innovation in the logistics industry. This vision focuses on maximizing efficiency, transparency, and reliability through the integration of blockchain technology within the logistics industry. The goal is to provide top-tier services to customers and supply chain partners, and to facilitate the digital transformation of the logistics industry. GLONET UNIVERSE aims to establish new standards in the logistics industry and redefine the future of logistics services.

2\) Ecosystem of GLU Tokens&#x20;

• Rewards for Participants in the GLU Ecosystem

The GLU token ecosystem includes fees used for operations on the GLONET UNIVERSE platform. These fees are akin to blockchain network usage fees and transaction fees for contract execution. Likewise, a fee policy is essential for rewarding participants in maintaining the GLU ecosystem.

• Circulation Structure of GLU Tokens&#x20;

The principle of the circulation structure of the GLU ecosystem is as follows:&#x20;

1\)Certain fees are incurred when using the platform.&#x20;

2\)A portion of these fees is rewarded to users in GLU tokens.&#x20;

3\)Rewarded GLU tokens are used through various outlets linked to the platform, some of which are recirculated, while others may be burned.&#x20;

The specifics of the token's utility will be described in the GLU token use section.

The continuous and healthy circulation of GLU tokens is the fundamental principle sustaining GLONET UNIVERSE and the driving force maintaining the normal operation of the GLU ecosystem.
