What is $POMO Token?

POMO Token is the native token in POMO Network

The $POMO Token, anchored in the POMO Network, adheres to the ERC-20 standard, serving as the cornerstone of the ecosystem's economic model. Both consumers and merchants are incentivized with $POMO Tokens for their active participation and contributions to the network. These tokens facilitate a variety of functions, from upgrading consumer memberships with specific merchants to enabling merchants to access the network's services and acquire new customers.

How do Consumers earn $POMO Token :

Consumers are rewarded with $POMO Tokens for a multitude of contributions within the network, including every purchasing transaction, sharing of consumption data, merchant reviews, or promoting a merchant through blogging. This engagement not only enhances the consumer experience but also enriches the ecosystem with valuable data and insights.

How do Merchants earn $POMO Token :

By functioning as data nodes within the POMO Network, merchants contribute to the richness of the ecosystem's data pool, hosting consumers and facilitating transactions. In recognition of their contributions, merchants earn $POMO Tokens, which can be leveraged to deepen engagement within the network.

Consumer utility:

$POMO Tokens offer consumers the ability to enhance their engagement with merchants through the upgrading of memberships. This mechanism not only rewards consumers for their loyalty but also encourages continuous interaction with the network's offerings.

Merchants' utility:

Merchants utilize $POMO Tokens to subscribe to POMO Curator services, initiate membership projects utilizing Member Tokens, or execute short-term campaigns aimed at expanding their consumer base. Through these actions, merchants can effectively leverage the network's capabilities to foster growth and enhance consumer relationships.