Token use cases
Last updated
Last updated
Futugo tokens are ERC-20 standard tokens and inherit all the properties of usually perceived token assets in the Ethereum platform. Oracle service can provide the real-time pricing data of the Futugo tokens, which will let the main platform do transfer/exchange decisions based on the provided data.
Futugo tokens are used for:
· Payments;
· Membership accounting model basis (base unit);
· Discount system implementation;
· Priority level access system implementation;
· Reward system implementation;
· Governance system implementation.
The Membership model has these features:
· Locking defined amount of tokens for the required period user can become a VIP member;
· There are 4-n VIP member levels giving different solution features, business processes, limited offerings access possibilities:
Priority access system:
· Access to priority goods (early access or exclusive/limited edition access);
· Access to “Buy now, Pay later” option;
· Access to Livestream shopping events;
· Access to discount for an item (if an item is bought using Futugo tokens);
· Access to discount for membership;
· Access to discounts for services.
Reward system:
· Given as a reward for attracting new members;
· Given as a reward for attracting members second-life fashion purchases;
· Given as a reward for loyalty (being a member for Y months);
· Given as a reward for participating in community activities (posting, commenting, growing social network);
· Given as a reward for companies - Boutiques, Art galleries / Cosmetics;
· Given as a reward for personal dealers – Stylists, Personal Shoppers, Art Dealers.
Governance system:
· Access to governance (voting on initiatives, proposing new features and ideas).