Howdoo uses a cryptographic token called the µDoo as the automobile for moving worth between users, marketers and operators of the Howdoo platform. As an outcome, the µDoo is the token that makes it possible for the whole Howdoo platform to operate.
It is the currency for marketing on Howdoo, with advertisers needed to own µDoos for funding campaign activity, and to bid for access to blockchain social media particular individuals, audiences and neighborhoods through the Howdoo Advertisement Auction platform.
The µDoo is also the mechanism for fulfilling users for engaging with featured content, and content creators for the traffic they produce. It likewise empowers our network sellers, providing a form of worth exchange to promote activity for the merchants that will trade on Howdoo.
Individual users will have the ability to sell digital assets (such as music and artwork) through their channels, with products for sale listed and offered for viewing by other members, and purchases distributed to the purchaser via the Howdoo network. Smart agreements will guarantee that the rights to the digital property are specifically signed over to the purchaser upon successful execution of the µDoo transaction. This process will remove the danger of counterparty threat dealt with by purchasers on standard online markets, without the need for a managing central celebration.
The Howdoo platform will also allow private users to move µDoos between each other, either as standalone payments, micro-payments, or as a single leg of a purchase transaction. These transactions will be completed in µDoo and users will be able to view them in a comparable fiat currency of their choice, with exchange rates displayed through combinations with a third-party forex service.
As an outcome, payment quantities will exist in local fiat currency to payers, payees, purchasers and sellers, indicating the complexities of payment and buying with a crypto token are gotten rid of. This essential function reduces the obstacle of psychologically calculating currency exchange rate, which in turn will permit people to gauge the value of individual purchases more easily.
Both banked and unbanked users will be filmiki.keep.pl/index.php?v=asxi8-Y3cCM catered for, as individuals will be able to send out µDoos all over the world, independent of standard banking facilities, as quickly as they send messages and media. Enabling µDoos to be transferred within a social network environment will also enable resource-pooling in between family members and neighborhoods around the world.
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