FADO Token Overview
With the introduction of FADOs into the business model, FADO token is our exceptional selling proposition to e-commerce and crypto users. We aim to capture the crypto user segment and create unique incentives to use Fadogo.io more strongly for global shoppers. The addition of FADO provides more benefits and enhances user engagement on top of our existing strengths.
🌟 Blockchain technology will transform low-liquidated loyalty points with real buying powers 🌟
Unlike most of the other cryptocurrencies in the market, FADO tokens can be used to buy real products and services. Token payment gives customers huge savings in terms of time, money, and effort. This will especially facilitate cross-border, B2B, and even P2P transactions. Some of the noticeable pros of FADO tokens are:
- Cost-effective payment: Transactional fees and foreign exchange rates will be eliminated when using FADO tokens. Blockchain transactions do not involve third parties, ruling out hefty fees of transaction processing for intermediaries.
- Time-saving: As for traditional methods, payment may take several days to reach merchants’ accounts. On the other hand, blockchain transactions may take only seconds to complete money transfers. A huge plus is that cryptocurrency transfers can be processed automatically anywhere with near-zero fees.
- Highly secured: Blockchain revolutionizes e-commerce payment to be more secure and seamless. FADO Go will exploit blockchain applications as they allow excellent data security through encryption and decentralization. With tokenized transactions, customers’ account data is safe and “disguised” into a different digital credential that cannot be hacked or stolen.
- One-click payment: Blockchain enables shoppers to save their payment information in an encrypted and secured manner. The next time they shop, there is no need to enter the payment data again.
The FADO cryptocurrency’s rewarding privilege will augment customer acquisition, retention, and buying frequency. Upon joining the FADO Go customer program, users will be rewarded for every successful order on the platform. The rewards can then be redeemed for coupons to purchase products.
“FADO token will be the backbone of our platform’s ecosystem”
Into the bargain, acknowledging the price volatility of cryptocurrency which can be a barrier for the wide acceptance of our platform in an everyday commercial way, our novel solution for this problem will potentially create our own stable coin targeting a 1:1 exchange rate with USDT.
Being the first of its kind by offering blockchain-based security level for e-commerce without typical price fluctuation issues of tokens, FADO Go’s stable coin will serve as a great example of the latest generation of e-commerce technology and will demonstrate to sellers and buyers how they can benefit from it and how easily they can trade like in usual fiat currencies.
ABOUT FADO GO
FADO Go is a Blockchain-based platform that facilitates cross-border shopping easier by connecting consumers, brands, KOLs, and logistics providers on a decentralized network. Shoppers can enjoy the global online shopping experience and earn with cryptocurrency (FADO Token).