🦄Transaction Fees and Staking Incentives

TAOVM tokens are the primary medium for transaction fees within the BittensorVM network, ensuring the smooth operation and user-friendly validation process. This setup preserves the demand for TAOVM as the ecosystem's vital force. Within network security and consensus domains, validators staking TAOVM tokens receive rewards for their efforts, sourced from transaction fees and extra staking incentives. The novel feature here is the linkage of TAOVM tokens to NFTs, which can potentially elevate validators' rewards based on the NFTs' specific traits or rarity, adding a gamified twist to the staking mechanism.