What is the token on Lotus, how to use it, how to use it, and how to earn it?
Social network 'Make in Vietnam' Lotus has started its trial operation. One of the most prominent points on Lotus social network is the 'Token' of each account. So, what is Token on Lotus, how to use it and how to use it? The following article will help you understand the true power of tokens.
What are tokens on Lotus?
Basically, Token is a reward unit for all users of Lotus social network during use. Initially, the number of Token on each account is equal to 0, this number will increase gradually during use.
Token on Lotus was born during the use of Lotus social network so it is completely free. However, Token has real value and can be spent in many different ways such as exchanging for gifts, vouchers for services .
When you access the Token tracking menu, you will see there are two different types of tokens:
- Total Token: The temporary number of Token is automatically recorded after each interaction.
- Available tokens: The amount of tokens, after being validated by the system, users can use for different purposes.
How does token work?
The number of tokens increases when a user's post has a high positive interaction. Therefore, Lotus Token is considered as a measure of user evaluation and content quality of the account.
Not only can tokens be redeemed for gifts, but users can also send tokens in favor of other accounts if you find the article content truly appealing by 'giving stars'.
Lotus currently provides users with 6 options to rate the article and 5 star levels, respectively from 20 to 100 tokens, including the 'burning token' fee when donating. However, you should think carefully before giving anyone Token because they will be deducted from the amount of Token that you collect during use.
How to earn a lot of tokens?
To get more tokens, you need to actively interact with the posts of other accounts and attract interaction for your own posts.
Every time someone accesses your profile, you will receive 1 point into your 'Token wallet'. If your photo or article link is shared by a user, you can add up to 3 tokens. Token with different values will also be added when your post receives other interactions such as likes, retus, announcements or comments.
But if your post has negative interactions like Unlike, your Token number can also be deducted.
Currently Lotus is still testing the reward system so there will be many more changes in the future to balance the amount of interaction and tokens received by users.
Are tokens hacked?
To avoid the virtual like / follow status like on other social networking platforms, Lotus has been testing systems against spam and token hacking.
When using Lotus, you can accumulate Token completely for free, so if you encounter the 'Token trading' news with attractive offers, do not believe it.
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