Cygnus Token

Digital Utility Token For The Digital Age

What is it ?

Cygnus Token is a free, simple scalable & secure blockchain-based 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 at present is not publicly available for usage in any way within Cygnus Network.

Features

STABLE

CYGNUS TOKEN OFFICIAL RATE IS 1:1 WITH THE EURO (€), THIS FUNCTION ENABLES CYGNUS TO BE USED EASILY & INTUITIVELY WITHIN CYGNUS ECOSYSTEM​

SECURE

CYGNUS TOKEN IS BUILT UPON BLOCKCHAIN TECHNOLOGY, WHICH ALLOWS THE TOKEN TO PROVIDE HIGH LEVEL SECURITY TO ITS USERS

SCALABLE

CYGNUS TOKEN SOLVES SCALABILITY ISSUES BY BEING BUILT UPON CYGNUS BLOCKCHAIN NETWORK, WHICH HOSTS ZERO TRANSACTION COSTS & UNLIMITED SCALABILITY

REFUNDS

CYGNUS TOKEN HAS A BACKING SYSTEM WHICH ASSURES THAT EVERY TOKEN IN CIRCULATION IS ABLE TO BE REFUNDED, IN THE FUTURE IT MAY NOT BE NECESSARY TO BE BACKED ANYMORE

SIMPLE
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 

Utilities

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.

Free Token Generation

Cygnus Tokens can be easily generated through Cygnus Ecosystem Tools for free, here are the main tools able to be utilized in order to generate the tokens:

  • Cygnustube, by being a verified user and adopter of the platform;

  • Cygnus Surveys, by taking surveys divided in different categories;

  • Cygnus Quality reports, by filing reports which lead to a successful result;

  • Volunteering rewards, by becoming an active volunteer within the ecosystem;

  • Skill Based E-Sports, by participating in in-game E-Sports tournaments;

  • Managed Skill Based E-Sports, by taking advantage of managed E-Sports tournaments;

  • Cygnus Token Distribution, by being an active user within Cygnus Ecosystem and accordingly provide your contribution in the support of the network. In the long run every single user will have its own relevant stake by just being an active user, enabling a totally new decentralized, cost-free, scalable & secure digital ecosystem.

More methods are going to be implemented due to the release of multiple new products.

Cygnus Token Distribution

Cygnus Token Distribution, through Cygnus Blockchain Network and Cygnus token, enables the free distribution of Cygnus Token to the active users to the active users within the network, the latter include every product or service offered by Cygnus.

Why Cygnus Token Distribution ?

We believe in empowering the people rather than third parties & large corporations, that is one of our key principles, such entities treat users like numbers in order to make profits off of you, with Cygnus and Cygnus Token Distribution we aim to create a totally different environment, where each user has its own free share of the network.

How Does It Work ?

Each user must be verified within each platform chosen (Cygnus Marketplaace, Life Social Network, Crazehine Video Game etc.) in order to participate, once verified you'll be able to update your Cygnus wallet address within the platform/s. You'll receive a share of the Ecosystem Token distributed in different ways based on different platforms, mostly you must be an active user within the network.