From May 5th, we officially list Boson Protocol Token (BOSON) on the ONUS application. Soon after BOSON is added, users can perform the following features:
- Off-chain transactions: Send and receive BOSON with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to BOSON and vice versa.
About Boson Protocol
Boson Protocol (BOSON) is a decentralized infrastructure for e-commerce transactions on the Ethereum blockchain. This protocol enables the conversion of digital value to physical assets by encoding transaction commitments in the form of NFTs. This eliminates intermediaries from controlling the market for goods while reducing costs for both buyers and sellers.
Use cases’ of Boson Protocol:
- Online Commerce: Open digital marketplaces where anything can be offered, searched and exchanged with minimized trust and cost.
- Crypto Exchanges: Enabling exchange token to be redeemed for real world rewards directly from an exchange marketplace without touching fiat, differentiating by rewards rather than competing on fees, and thus increasing token value.
- Tokenized Networks: Enabling users to exchange their network tokens for digital and physical goods and services, in order to increase user-perceived value and token value.
- Loyalty and Rewards: Enabling loyalty programs and credit card rewards to offer any digital or physical thing in a standardized composable and interoperable digitized format, without the cost and friction of intermediaries.
- Games: Enabling video games to gift or grant permission to buy rare or special items.
- I-Gaming: Enabling online and on-chain casino customers to earn real world prizes and purchase real worlds items with winnings without touching fiat.
- Physical twins of digital art: Enabling NFT artists to offer physical twins, trustlessly via NFTs redeemable for physical artefacts.
- Machine-to-Machine Commerce: Enabling self-driving cars to purchase tyres or servicing with autonomous management of disputes and redemption.
Website: https://www.bosonprotocol.io
What is BOSON Token?
BOSON is a native token of the Boson Protocol ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
- Governance: BOSON tokens are used by participants to govern Boson Protocol, ensuring consensus around critical decisions and the issuance of funds from the dCommerce DAO
Staking: By using BOSON to make commitment deposits, Buyers and Sellers may reduce their network fees for coordination of transactions - Incentivization: BOSON tokens are used to incentivize actions across the system in a number of ways.
Specifications
- Name: Boson Protocol Token
- Symbol: BOSON
- Platform: Ethereum
- Standard: ERC20
- Type: Utility, Governance
- Smart Contract Address: 0xC477D038d5420C6A9e0b031712f61c5120090de9
