Token economy model
Last updated
Last updated
Futugo tokens are used in all daily transactions of Futugo platform: Payment system, Membership accounting model, Discount system, Priority level access system, Reward system and Governance system. The diagram below describes token flow channels and visualises how users, Futugo platform and external systems (as exchanges, DEX platforms, launchpads) transfer Futugo tokens or fiat money. Black arrows with black names βTokenβ represents only token flow possibility and direction. Other arrows show Token and fiat money flows.
To ease the UI/UX user experience Futugo platform can provide an integrated Fiat-Futugo token conversion system, allowing users to pay for service with fiat money or buy an item or service. In the background Futugo platform will convert fiat to Futugo tokens on DEX or Exchange platform ensuring that the token flow model functions as planned here: