# Token utility

IDENY is the native token that empowers users to explore all the possibilities of Ideny. It incentivizes engagement and contributes to the growth and sustainability of the ecosystem. With IDENY, we're set to lead the Web3 industry, offering a comprehensive platform for managing digital identities.

**IDENY has the following utilities for the holders:**

* creation of the unique IDENS to engage with the community and spread awareness of the product\brand
* enlargement of the user's IDENS portfolio with the additional slots for gained achievements&#x20;
* purchasing any available domain for the native token
* possibility to close private messaging and open it for a certain amount of tokens (set by the user) to prevent spamming and unwanted conversations
* establishment of the close holders community with some special features from the team&#x20;


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