⭐Utility

$ELIXIR is a utility token used on the ELIXIR APP.

1. AI Features to Sell: AI Chatbot

• A smart helper in the app that answers insurance questions.

• Users buy access to the chatbot with $ELIXIR for a set time (e.g., a month).

• It gives answers about insurance options in Cambodia, like what AIA offers (e.g., health or phone coverage).

2. Gamification Rewards

• Users earn $ELIXIR by doing fun activities in the app to learn about insurance.

• Users get $ELIXIR for tasks like watching a short video, passing a quiz on staying safe, or inviting a friend to join.

3. Claim Payouts

• Users get $ELIXIR as payment when they win an insurance claim.

• They submit proof (e.g., a delayed flight ticket) via the app.

• Covers things like travel delays or home damage, up to policy limits.

4. Policy Purchases

• Users can buy insurance policies using $ELIXIR.

• Users pay for health or auto insurance with $ELIXIR, or mix it with Cambodian Riel via a swap partner.

  • New buyers get a bonus in $ELIXIR to encourage them.

5. Staking and Yield

• Users can “save” $ELIXIR in the app to earn more $ELIXIR over time.

• They lock some $ELIXIR and get a reward paid later.