FOOBEE Tokenomics and Token Details

David Jackson
4 min readAug 27, 2021

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As previously stated, the FOOBEE coin, which is based on the Polygon Smart chain and seems to be ERC-20 compatible, serves as the foundation of the FOOBEE ecosystem. To put it another way, FOOBEE tokens are being introduced as utility tokens, which implies that all transaction activity on FOOBEE will be associated with FOOBEE tokens, like rewards, product purchases, and so on, and that FOOBEE tokens will be the primary mode of payment on the platform. Because FOOBEE tokens are built on the Polygon Smart chain and are ERC-20 compliant, they may be transferred to any wallet that is compatible with the protocol, which is currently all of them. The FOOBEE team is extremely confident about the success of the FOOBEE coin, especially given the size of the social dating market at the moment.

Utilities for Tokens

Tokens from the FOOBEE app can be used to purchase things from app merchants and to conduct transactions offline (buy at other stores).

Using FOOBEE Tokens, you may purchase deals and discounts from businesses.

By making purchases from retailers, you can accumulate FOOBEE Tokens.

Businesses who receive FOOBEE Tokens are eligible for commission reductions on their sales.

In the ecosystem, users have a lot of value. The importance of social media users.

FOOBEE tokens are intended to be the quickest and most convenient way to earn cryptocurrency.

How Do I Purchase FOOBEE Tokens?

To participate, go to https://FOOBEE.io/token-sale/ and register. The price per token is 0.10 USDT.

The Functions of the FOOBEE Platform

Set up a profile on FOOBEE as a new member by simply filling out your bio and uploading a picture of your face as your profile image. Users would be able to edit their profiles and select the options that they desire. Cravings might manifest themselves in the form of food, alcohol, or physical activity.

Users can be found and sorted based on their location or preferences. When a person obtains a FOOBEE Token, they can swipe the image of another user. Users who are matched can initiate talks and meetings.

Users can purchase items from local and international merchants on the platform in preparation for outings with other matched users (FOOBEE 2.0)

The Roadmap for FOOBEE

The FOOBEE design was created in the first quarter of 2020, and it was at this point that the team began conducting market development and research. And, in the first quarter of 2021, the team began validating system and platform structure, hiring a number of programmers who are experienced in creating applications and blockchains, formulating roadmaps, and finalizing tokenomics, among other things. The team will also work on token development on Polygon, integration of the FOOBEE wallet with the FOOBEE app, pre-launch, the addition of token payments, and the upgrading of React Native to the most recent version in Q2 2021. Additionally, in Q3 2021, the team will execute an international launch of FOOBEE 1.0, distribute FOOBEE tokens to users that swipe and recommend others, and engage in aggressive marketing. In addition, the company plans to launch an initial coin offering (ICO) in Q4 2021, launching FOOBEE tokens on the DEX, and optimizing the user experience. Finally, in 2022, the team will begin forming relationships with a variety of parties and introducing new business models to the market.

Many young individuals today use social dating apps to make new friends and start new relationships. However, the vast majority of people simply sweep without reaping any economic rewards. As the world’s first swipe-to-earn social dating application, FOOBEE provides users with the opportunity to earn tokens simply by using the service, even if they only swipe. The FOOBEE solution is thought to have the ability to inspire consumers to interact on the platform, which will result in an increase in socialization on the platform. Instead of simply meeting and interacting with new people, users have the chance to earn tokens and spend tokens on a variety of products available on the FOOBEE online shopping platform.

Hashtags: @foobeeapp #foobeeapp #SwipeToEarn #Crypto #earn #SocialDating #PolygonNetwork #Binance

Learn more about the project:

Website: https://foobee.io
Twitter: https://twitter.com/foobeeapp
Telegram: https://t.me/FoobeeToken
Facebook: https://www.facebook.com/foobeeapp
Youtube: https://www.youtube.com/channel/UCYrNv60A_6iqLROQmE9qDgA
Github: https://github.com/FoobeeToken/Foboee-Smart-Contract
Tiktok: https://www.tiktok.com/@foobee_?lang=en
Instagram: https://www.instagram.com/foobee_fbe
Medium: https://foobee.medium.com

Authorship:

Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5352156.msg57798473#msg57798473
Matic Wallet Address: 0x2469ca27a2efa5c045642bdfcbe20b62539f03e7
Telegram Username: @david_jackson
Forum Username: tanushree
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2541771

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