RATE token is a utility token there is maximum supply for RATE token and it is 1.000.000.000.
- To buy a Tag NFT. Users can invest on popular hashtags (ex: #Fun, #Paris, #football) by buying NFT. They can sell it on Yoorbit Marketplace later. Transactions will be using RATE token.
- To buy a Social Profile NFT. Users can invest on active social profiles at earlier stage. So, they can share in token earning set by NFT smart contract.
- To upgrade profile status. Upgraded status brings some premium features like being more visible, showed on search results, customizable profile screen and increasing token earning multiplier. Upgrades are subscription based, so users have to spend RATE token to keep it.
- To buy more Rocket. Users can buy Rocket to send other users to appreciate their posts or be more visible to that user.
- To advertise or buy sponsorship. Companies can pay by RATE token or USD. If payment will be as USD, 20% of total amount will be buyback by Yoorbit and burned.
- To subscribe B2B Consumer Insight Tool. Companies can pay by RATE token or USD. If payment will be as USD, 20% of total amount will be buyback by Yoorbit and burned.
- To use Rating Loyalty Service. Companies who wants to use our service need to buy RATE token. They will have a low-code API integration .
- To give RATE incentive their users. Real life businesses like restaurants or hotels can be partner with Yoorbit to use our system as loyalty program and give RATE token to loyal customers.