Starting from 12:10 UTC on May 27th, we officially list FaceDAO Token (FACE) on the ONUS application. Soon after FACE is added, users can perform the following features:
- Off-chain transactions: Send and receive FACE with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to FACE and vice versa.
FaceDAO is a Web 3.0 decentralized platform where people can create and join decentralized communities and interact with 100% real people worldwide. It is the next-generation social media platform built on the blockchain that provides a trusted and open environment to its users. The platform profoundly respects the freedom of expression and ensures that only genuine information and content is shared. It offers highly innovative and distinctive features for social networks.
The current internet infrastructure is based on a centralized system, in which a few powerful entities handle all the data and control. This setup has various drawbacks, such as vulnerability to cyber-attacks, censorship, and data monopolization. Web3 is a decentralized platform that seeks to address these issues. It uses blockchain technology and peer-to-peer networking to a more open, democratic internet.
The most exciting thing is it is free to use and easy to set up. Users can earn a certain amount of FACE rewards by registering, publishing content, and sharing the App, truly enabling users to earn real revenue through the data they create.
What is FACE Token?
FACE is a native token of the FaceDAO ecosystem, operating on Ethereum according to ERC20 standard, and can be used for the following purposes:
- Every user has a unique FACE which is his Private Key and Decentralized Identifier (DID) that provides the channel for the entrance to Web3.
- Reward users for all positive actions such as daily visits, likes, comments, shares, posts,…
- Providing liquidity for trading and airdrop
- Vote and elect custodians with FACE holdings
- Name: FaceDAO Token
- Symbol: FACE
- Platform: Ethereum
- Standard: ERC20
- Type: Utility, Governance
- Smart Contract Address: 0xd432e8611377e307d3e5710132515be1e6aa6156