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Token economy
Token economy
🏦 Mint tokens
Advertiser / Initiator / Lead / Partner
► Forms an advertising campaign using the constructor, selects an action and assigns the amount of reward for the User.
► Transfers fund to the Platform. (Reward + Commission).
Platform
► Spends money on escrow account in the partner Bank.
► Creates tokens (stable coin) on the platform, provided with Fiat funds on the escrow account of the Bank.
2 creates a smart contract:
• Commission / commission is transferred to the Platform after the execution of the client's smart contract, in case of non-execution, the money is returned to the Advertiser;
• The Client offer / user is credited with tokens in his / her personal wallet provided that the conditions of the Advertising company formed by the Advertiser on the Platform are fulfilled.
Client
The client generates a unique identifier made of the campaign to approve Advertisers and providing Partner.
► Forms an advertising campaign using the constructor, selects an action and assigns the amount of reward for the User.
► Transfers fund to the Platform. (Reward + Commission).
Platform
► Spends money on escrow account in the partner Bank.
► Creates tokens (stable coin) on the platform, provided with Fiat funds on the escrow account of the Bank.
2 creates a smart contract:
• Commission / commission is transferred to the Platform after the execution of the client's smart contract, in case of non-execution, the money is returned to the Advertiser;
• The Client offer / user is credited with tokens in his / her personal wallet provided that the conditions of the Advertising company formed by the Advertiser on the Platform are fulfilled.
Client
The client generates a unique identifier made of the campaign to approve Advertisers and providing Partner.
📦 Store tokens
Platform
► Stores tokens on the user's personal wallet.
► Keeps the current status of the safety of Fiat funds, which are the provision of tokens.
► Stores unique identifiers of completed Advertising campaigns.
► Allows you to exchange Tokens, tokens or other digital assets of partners.
► Stores transaction history.
❌ Exchange tokens for fiat funds does not allow.
► Stores tokens on the user's personal wallet.
► Keeps the current status of the safety of Fiat funds, which are the provision of tokens.
► Stores unique identifiers of completed Advertising campaigns.
► Allows you to exchange Tokens, tokens or other digital assets of partners.
► Stores transaction history.
❌ Exchange tokens for fiat funds does not allow.
🔥 Burn tokens
Client
Selects a product/service from a Partner with a value no more than the current balance of the client, provides the Partner with a unique identifier for payment.
Platform
► Transfers funds from the escrow account to the account of the partner chosen by the Client;
► Burns the corresponding amount of payment tokens from the client's account/wallet;
► Maintains equality of Fiat funds on escrow accounts of the partner Bank To the number of tokens in the Platform;
► Closes smart contracts after they are executed or not executed.
• In case of execution of the Client's smart contract and approve by the Advertiser, the advertiser requests a Commission to the platform account from the partner's Bank;
• In case of non-execution of the Client's smart contract or its partial execution, returns both the Remuneration and the Commission in the amount of unused funds to the Advertiser by burning unused tokens.
Partner
Receives money from the platform in payment for the order of goods/services by the Client.
Selects a product/service from a Partner with a value no more than the current balance of the client, provides the Partner with a unique identifier for payment.
Platform
► Transfers funds from the escrow account to the account of the partner chosen by the Client;
► Burns the corresponding amount of payment tokens from the client's account/wallet;
► Maintains equality of Fiat funds on escrow accounts of the partner Bank To the number of tokens in the Platform;
► Closes smart contracts after they are executed or not executed.
• In case of execution of the Client's smart contract and approve by the Advertiser, the advertiser requests a Commission to the platform account from the partner's Bank;
• In case of non-execution of the Client's smart contract or its partial execution, returns both the Remuneration and the Commission in the amount of unused funds to the Advertiser by burning unused tokens.
Partner
Receives money from the platform in payment for the order of goods/services by the Client.
The first blockchain project created for mass consumers
Save up bonuses where it is profitable, spend where it is convenient.
Bonuses are stored in the form of stable coins, provided with Fiat money on escrow accounts of partner banks and never burn.
Bonuses can be given, transferred and exchanged with friends. And you can change to the past other loyalty programs.
Flexibility
Safety
Sharing free
Your data is stored in the blockchain, encrypted and not transferred to third parties.
On vacation or on a business trip, no matter where to save and where to spend.
Security and anonymity
Multi country
Machine intelligence
You get only relevant offers, to the place and to the time.
No spam!
No spam!
Decentralized application
DApps have their backend code running on a decentralized peer-to-peer network, as opposed to typical applications where the backend code is running on centralized servers. All data and the code is located in blockchain so it could be easily examined and tested. Our DApp is built on several self-executing Ethereum smart-contracts, which means that it functions without further implementation.
Our smart-contracts are written on Solidity language and could be audited or reviewed by everybody.
Our smart-contracts are written on Solidity language and could be audited or reviewed by everybody.
Decentralized application
DApps have their backend code running on a decentralized peer-to-peer network, as opposed to typical applications where the backend code is running on centralized servers. All data and the code is located in blockchain so it could be easily examined and tested. Our DApp is built on several self-executing Ethereum smart-contracts, which means that it functions without further implementation.
Our smart-contracts are written on Solidity language and could be audited or reviewed by everybody.
Our smart-contracts are written on Solidity language and could be audited or reviewed by everybody.
Stablecoin
Users get stablecoin PX for passing tasks. Unlike some others cryptocurrencies (f. e. bitcoin) stablecoin is more stable and reliable as it is connected to Euro. So one PX equals one Euro and for each PX been used there is one Euro on a bank account.
When Euro are being withdrawn - PX are burned, when they are input - PX are minted.
When Euro are being withdrawn - PX are burned, when they are input - PX are minted.
DAO
Decentralized Autonomous Organization is a special form of organizational structure where all rules and policies are arranged on the smart-contracts base. Since smart-contracts are done, no one could make changes in the code. That means nobody could have a chance to interfere the business logic and structure, so human mistakes are avoided.
DAO leads to decentralized economy, that promotes collective work and high level of collaboration. All our business logic is determined by the smart-contracts which makes it stable, secure and democratic (as the code is open and public).
DAO leads to decentralized economy, that promotes collective work and high level of collaboration. All our business logic is determined by the smart-contracts which makes it stable, secure and democratic (as the code is open and public).
DAO
Decentralized Autonomous Organization is a special form of organizational structure where all rules and policies are arranged on the smart-contracts base. Since smart-contracts are done, no one could make changes in the code. That means nobody could have a chance to interfere the business logic and structure, so human mistakes are avoided.
DAO leads to decentralized economy, that promotes collective work and high level of collaboration. All our business logic is determined by the smart-contracts which makes it stable, secure and democratic (as the code is open and public).
DAO leads to decentralized economy, that promotes collective work and high level of collaboration. All our business logic is determined by the smart-contracts which makes it stable, secure and democratic (as the code is open and public).
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© 2021 SIA "Point-X",
Made with love in Latvia!
LV40203240033
Made with love in Latvia!
LV40203240033
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