# EO

## Overview

EO consists of 999 ERC-721 tokens that provide holders with pre-ICO access to asset primitives launched by Elevado.

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## Utility

The EO token provides two core utilities:&#x20;

* Access to pre-ICO capital formation across Elevado-originated asset primitives
* Governance over pre-ICO market structure of these asset primitives

#### Pre-ICO participation

EO token holders are granted exclusive access to pre-ICO capital formation rounds for asset primitives originated by Elevado. These rounds are restricted to EO holders and constitute the sole pre-ICO event for each asset launch.

Each EO token represents a proportional participation in pre-ICO rounds. Each pre-ICO round offers 999 positions. The more EO tokens a participant holds, the greater their participation stake across positions.

#### Pre-ICO governance

EO holders are entitled to participate in governance discussions regarding the pre-ICO market structure of each asset primitive launched by Elevado.

Governance occurs via a token-gated [Discord server](https://discord.gg/SgNnPPVjSG), ensuring only EO token holders are allowed to access and participate on these strategic discussions.

Final decisions are formalized and executed by Elevado Labs in accordance with the consensus reached with EO token holders.

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**EO is available on OpenSea** [**here**](https://opensea.io/collection/eo-token)


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