Token FAQ
Last updated
Last updated
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The Avatar Social Token (AVATAR) is the native cryptocurrency of the Avatar Social platform. It was created to facilitate various transactions within the social network and provide users with access to exclusive features.
The main purpose of the AVATAR token is to serve as a medium of exchange within the Avatar Social platform, allowing users to participate in various activities such as rewarding quality content, accessing premium features, and conducting secure transactions.
The AVATAR token can be purchased on cryptocurrency exchanges such as Coinstore, with more options coming soon.
The AVATAR token has various utilities within Avatar Social, including purchasing premium content, participating in exclusive events, rewarding content creators, engaging in governance voting, and more.
Yes, it will be available once it is listed on Coinstore.
The total supply of AVATAR tokens is 1,000,000,000.
What is the initial price of AVATAR tokens during the Coinstore IEO?
The initial price of AVATAR tokens during the IEO is $0.005.
The AVATAR token can be securely stored in cryptocurrency wallets compatible with ERC-20 tokens, such as MetaMask, MyEtherWallet, Ledger Nano S, among others.
The AVATAR token is specifically designed for use within the Avatar Social platform, distinguishing it from other cryptocurrencies that may have different use cases or purposes.
The team behind the Avatar Social consists of professionals with experience in blockchain technology, business development, digital marketing, and other relevant fields. Their profiles are available on the official Avatar Social website.
Holders will receive benefits, exclusive services, and digital rewards, but not dividends from the company.
The relationship between the supply and demand of the AVATAR token in the market will determine its price at any given time. If demand exceeds supply, the price is likely to increase, and vice versa.
Is the AVATAR token backed by any underlying asset?
Avatar Social may implement incentive or bonus programs for holders of large amounts of AVATAR tokens, such as additional rewards or privileged access to certain features of the platform.
Yes, AVATAR is a utility token designed to be used within the Avatar Social platform, Versus Social, Come On Social, and to access future services and products.
Unlike a security token, which represents ownership of an underlying asset and may grant ownership rights or participation in profits, a utility token like AVATAR is primarily used as a means of accessing services or products within a specific platform.
Avatar Social may implement incentive or bonus programs for holders of large amounts of AVATAR tokens, such as additional rewards or privileged access to certain features of the platform.
The future development plan for the AVATAR token will include deeper integration into the Avatar Social platform, as well as potential protocol updates and additional features to increase its utility and demand in new products.
Yes, Avatar Social may have plans to list the AVATAR token on more cryptocurrency exchanges in the future to increase its liquidity and accessibility.
Yes, AVATAR is a utility token designed to be used within the Avatar Social platform, and to access future services and products.
Unlike a security token, which represents ownership of an underlying asset and may grant ownership rights or participation in profits, a utility token like AVATAR is primarily used as a means of accessing services or products within a specific platform.
Yes, AVATAR token holders can participate in the decision-making process of the Avatar Social platform through voting and proposal submissions, granting them a degree of over the project's direction.
The strategy to promote the token of Avatar Social includes online advertising campaigns, participation in blockchain and cryptocurrency-related events, listings on exchanges, conferences, collaborations with influencers and experts in the field, and outreach activities on social media and crypto communities.
The transaction history of the AVATAR token can be accessed through blockchain explorers like or through the exchange platform where the token is traded.
The AVATAR token is backed by , and future other products.
Yes, AVATAR tokens can be used as a means of on the Avatar Social platform to access various products and services within it.
The future development plan for the AVATAR token will include deeper integration into the Avatar Social platform, as well as potential protocol updates and additional features to increase its utility and demand in new products.
Yes, Avatar Social may have plans to list the AVATAR token on more cryptocurrency in the future to increase its liquidity and accessibility.
