What are the benefits for cosquare token holders?
Hi, the CSQ is a pure payment and utility (hybrid) token that can be used on the cosqure social marketplace to pay for purchases. Purchases using the CSQ offering the highest payback reward to consumers for these transactions. When someone becomes a influencer themselves and their social activity results in a purchase transaction, that influencer earns a percentage of the sale amount which is paid in CSQs.
Furthermore, an influencer can engage directly with brands through smart contracts to market products to their social following and rewards to influencers are also paid in CSQs. The rewards can be spent on the marketplace or exchanged into fiat currency and cashed out.
One other feature is the Peer-to-peer transfers of CSQ that enable a user to gift another user CSQ to spend on cosquare.