Utilities of Cloe Tokens

Cloe Coin
Cloe Coin
Aug 31, 2018 · 2 min read

The platform’s tokens are called Cloe Tokens. These tokens are 100% utility tokens and it is expected to remain same way as long as Ethereum Smart contract last. The platform aims to make provisions for several utilities and use cases as possible for its participants, now and in the future. The utilities mainly comprise of those related to solving daily life problems as well as platform-specific payment settlements.

Its major utilities include:

1. The token smart contract will act as a negotiator between publishers and advertisers, extending reach to targeted individuals.

2. The tokens will be used as a reward to users who provide there information for verification on the platform.

3. The tokens will be used to make payment for decentralized advertisement services.

4. With tokens, token holders can exercise voting rights on the platforms such as taking parts in management related decisions.

5. When it is subsequently widely accepted, the Cloe tokens will be used for micropayments at increasing the numbers of merchants globally.

6. The tokens can be used by token holders to make donations to the partnered organizations whose interests align with Cloecoin. The donations will be transparent via Blockchain to eliminate corruption.

7. When the need arises, token holders will be able to use their tokens to raise a proposal to add an organization to the list of NGOs that get the philanthropic funding from the Cloecoin Foundation.

Cloe tokens are designed and planned in a way that would make them the major dominating payment settlement method in the Digital Advertising industry. In addition, the tokens will be used for solving payment needs related to everyday domestic needs such as grocery shopping, payment of utility bills, among other things. The utilities are subject to review because when the platforms gets its own Blockchain network, odds are high that the utilities may change.

https://cloecoin.io

Cloe Coin

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