How LUM tokens could be used on Illuminates Platform?
First of all, Illuminates Platform users can purchase tokens on presale. Presale is a token sale, which is carried out before the official start of sales. Users invested in a presale startup get a special bonus of 200%. Details on the features of the presale can be found here. You can join the sales via whitelisting. For this purpose, click on the “Buy tokens” button on the Illuminates.org official website.
The Illuminates Platform team is open to cooperation with talented specialists (developers, community managers, SMM managers, web designers, etc.). Working on the platform remotely employees will be able to receive LUM tokens as a salary. A full list of job vacancies and payment can be found in the official telegram channel of the project.
Surely, not everyone might know that freelance marketplace Illuminates platform allows for filling an order not only for fiat money (dollars / euros), but also for LUM tokens. Filling orders on freelance is a real opportunity to earn coins for your work. Payment option in tokens is displayed in the list of available currencies.
Besides working on freelance and on the platform, system participants have an opportunity to earn tokens by using PoS mining.This method will allow Lum token holders earn percentage on the amount which is on their wallet. This happens in a certain way: if a user has a certain amount of Lum tokens on their wallet they will be accrued a percentage of all commissions on the platform only for the fact that they keep these coins in their wallet.
On the Illuminates trading platform, users will be able to sell goods and software for tokens. Like freelance, to release this possibility, you need to add LUM tokens to the list of available currencies for payment. And of course, buying coins on the Illuminates stock exchange will be the standard option for token purchases. To purchase, it is necessary to wait until the moment of adding LUM tokens to the stock exchange, then place an order and buy coins.
The social network opens up the possibility for bloggers, vloggers and other influencers to receive LUM tokens for creating useful content on the Illuminates social network. Besides the main option of an assessment in the form of like / dislike / comment, the audience can donate the author of an interesting post. Also, each user can give LUM tokens to the other participants of the system through the wallet tab.A separate function that significantly saves users’ time is the possibility to send Illuminates token without leaving the chat page
Participation in bounties and airdrops is the most popular method of earning tokens on the platform. Airdrop and Bounty campaigns are a subspecies of earning LUM tokens, which provides for the implementation of certain tasks aimed at promoting the project (subscribe to a channel / group in Telegram, Twitter, Facebook, leave a comment / like under a post, register on the site). The final earnings of participants directly depends on the success of the project as a whole. Information about active Airdrop and Bounty campaigns are published on the official pages of the project.
Moreover, an additional source of tokens can be considered a referral program on the presale. How it works? For attracting friends and acquaintances to the platform through a referral link, a certain percentage of tokens are accrued. The more users will be attracted to the program, the more tokens will be accrued as a result. Thus, tokens can be earned exclusively by attracting other participants, without making any purchases.
How can I spend LUM tokens on the Illuminates platform
Illuminates agency services can be paid by LUM tokens. Users can order White Paper writing services, content marketing, web development, etc. Also, there will be provided certain commissions for use of separate functionality (for transactions on the marketplace, for the sale of tickets, commissions on trades, monthly commissions for using the platform, etc.) .Users will be able to pay these commissions using LUM tokens.
The Illuminates Platform marketplace give an opportunity to pay for some goods and services with fiat money and LUM tokens. Each user can choose the currency to pay before making a purchase. Paid services of the Illuminates platform (creating a premium store on the marketplace, using additional tools) can be paid by tokens.
Token holders can profit from the sale of coins. After toke will be listed on exchange.
In addition, users can develop and apply their own solutions which based on Relatefacts SDK. Using these solutions in some cases, developers or users will be required to pay a commission. You can use LUM tokens to pay such commissions
