Fizibu Token

Blockchain Technology to Enable Single Token Use on All Social Networks and Platforms!

The virtual or local currencies used in these platforms that we have mentioned have many restrictive aspects. To list some of the disadvantages of using local currency:

• Legal difficulties due to local/regional law differences
• Scaling problems due to currency differences for global platforms

Although these difficulties seem to be partially reduced by using in-platform virtual money, this method brings some disadvantages of its own. To list some of the disadvantages of using in-platform virtual currency:

• Digital security issues
• Users are reluctant to purchase assets that have no value outside the platform
• A portfolio that is difficult to manage for the user because each platform uses its own virtual currency.
• Scaling problems due to exchange rate differences, as local currency will be used to purchase virtual currency.

Considering all these issues, here are the advantages of users and platforms using FZB as a purchasing method;

• Assets purchased or acquired on the platform continue to gain value outside the platform, thanks to Fizibu's deflationary structure.
• FZB is very strong against security breaches thanks to the distributed ledger technology offered by the Ethereum network.
• The FZB token produced with Blockchain technology is much more flexible considering the legal status of cryptocurrencies.
• Since there will be no platform limitation in the use of assets, it becomes more attractive for users to spend on the platform.
• Platform earnings will rise regardless of purchases.
• Users are not affected by the scaling problems caused by the exchange rate difference on a global scale with the ERC20 standard FZB token created on the Ethereum mainnet.
• Due to the fact that Fizibu Token can be transferred between platforms and users, transaction volumes and number of users will increase on platforms.