Digital Utility Token For The Digital Age
What is it ?
Cygnus Token is a simple scalable & secure blockchain-based stable digital utility token; Cygnus token can be adopted within Cygnus ecosystem with zero cost & speed without third parties and no third party fees. It is projected to be a utility tool for the community making everyone benefit from its advantages.
CYGNUS TOKEN OFFICIAL RATE IS 1:1 WITH THE EURO (€), THIS FUNCTION ENABLES CYGNUS TO BE USED EASILY & INTUITIVELY WITHIN CYGNUS ECOSYSTEM
CYGNUS TOKEN IS BUILT UPON BLOCKCHAIN TECHNOLOGY, WHICH ALLOWS THE TOKEN TO PROVIDE HIGH LEVEL SECURITY TO ITS USERS
CYGNUS TOKEN SOLVES SCALABILITY ISSUES BY BEING BUILT UPON CYGNUS BLOCKCHAIN NETWORK, WHICH HOSTS ZERO TRANSACTION COSTS & UNLIMITED SCALABILITY
CYGNUS TOKEN HAS A BACKING SYSTEM WHICH ASSURES THAT EVERY TOKEN IN CIRCULATION IS BACKED, IN THE FUTURE IT MAY NOT BE NECESSARY TO BE BACKED ANYMORE
DECENTRALIZED & TRANSPARENT
EASY & FAST TO USE, FROM ACCESSING IT THROUGH CYGNUS WALLET WITHIN SECONDS TO ADOPTING IT ON THE PLATFORMS
BEING BUILT UPON BLOCKCHAIN TECHNOLOGY ALLOWS CYGNUS TOKEN TO BE TRANSPARENT, BY ENABLING EVERYONE TO VIEW THE TRANSACTIONS ON A PUBLIC CHAIN; AND DECENTRALIZED BY ENABLING USERS TO ADOPT CYGNUS WITHOUT THE INTERVENT OF A MIDDLEMAN OR A THIRD PARTY
Cygnus token is a utility token usable solely within Cygnus Ecosystem of products and services, providing diffrent real usecases and expansion of blockchain technology adoption & knowledge. Cygnus Token cannot have any usecase outside Cygnus Ecosystem, in addition, the backing system is implemented solely to allow users to be refunded in case they do not want to use the tokens they own anymore.
Here's the list of Cygnus token usecases :
Cygnus Blockchain Network Fees, used to pay fees within the network for transactions, creation of smart contracts & others.
Digital token inside Cygnus marketplace, as a sort of gift card, which enables peer to peer transactions within the ecosystem, free shipping and free products for users;
Reward-token, used to provide rewards to users, from the platform to users and from users to users;
Advertising & Membership token, purchase subscriptions & advertising services on Cygnus-related platforms;
Survey token, used in order to enable "Cygnus Surveys" platform to work.
In-app/in-game purchases token, by being integrated as an utility token to purchase in-game content inside a particular app/video game;
Video game Skill-based E-sports token, by being integrated as an utility token to play E-sports on in-game matches in some particular video games.
Volunteering token, by being used to provide volunteering-based rewards;
More usecases are going to be implemented due to the release of multiple new products.