ideaXdesign intends to introduce its utility token called Neunio(s) which will be a integral part in the Neunet platform. Before we explain the details of the token uses on our platform, we want to establish a basic definition of what a token is to our non - technical readers: A cryptocurrency is a medium of exchange, created and stored electronically in the blockchain, using encryption techniques to control the creation of the monetary units and to verify the transfer of funds. It is comparable to traditional currencies such as the USD or YEN. In similar fashion, you own them and can transfer to someone else. Their value is linked to the value of their networks and by the economic laws of supply and demand: as more people demand the token and trust is given to its value, it's value increases.
Below are a few immediate uses of our cryptocurrency:
● Membership: Users will have to buy once they sign up to the platform. For companies, we are going to charge $9.99 worth of our tokens and for individuals they will pay in their currency of choice but equivalent to $1.99 USD worth of our tokens for an annual subscription which the tokens will be deposited into their account.
● Messaging/Application: For companies they will be able to post their employment opportunities for free. When they wish to message individuals on the platforms they will have to send the recipient $0.50 worth of tokens which we receive a 10% transaction fee. If the recipient doesn't respond within 72 hours the funds will be allocated back to the sender. For individuals applying to an employment opportunity they will have to send the employer $1.00 worth of tokens which we receive a 10% transaction fee. If the recipient doesn't respond within 72 hours the funds will be allocated back to the sender.
● Listing and employment opportunity: For individuals listing opportunities on the platform they will have to pay $5.00 worth of tokens. There will be an added feature to have priority searches and sponsored searches which will also come with a fee.