What is the purpose of tJOY?
tJOY can be used on our testnets in the same ways that future users of the Joystream platform will be able to use the mainnet JOY token. The three principal functions of tJOY are in staking, governance and for payment.
For example, to participate in testnet roles, users may need to stake tJOY. To create governance proposals and vote for Council Members, tJOY is also required. Finally, on the testnet, bounties and KPIs require tJOYs for paying effective contributors.