Inside Futourist every exchange of value is going to happen through a transaction of a Futourist Token (FTR), an ERC20 token being processed on the Ethereum network.
Our token model is built around supply and demand between businesses, reviewers and other participants in Futourist micro-economy. Token in its utility form acts as a value transfer tool between business participants and ordinary users that bring value to the platform. Participants in the Futourist micro-economy can use FTR tokens in various ways. The core of it is that reviewers get rewarded with FTR tokens, and businesses give away FTR tokens in order to incentivize review creation through contests and other features.
On top of platform generated contests, Futourist will spread a certain amount of tokens among all the worldwide contributors on a regular basis, to keep them incentivised.
Businesses listed on the platform will be able to post business offers for the public to buy. Users will be able to pick something they like from the list of offers, buy it through the app with earned tokens, then show up and enjoy the service, meal or drink.