With the introduction of FADO into the business model, FADO & FGT token is our exceptional selling proposition to e-commerce and crypto users. We aim to capture the crypto user segment and create unique incentives to use Fadogo.io more strongly for global shoppers. The addition of FADO & FGT provides more benefits and enhances user engagement on top of our existing strengths.
Unlike most of the other cryptocurrencies in the market, FADO & FGT tokens can be used to buy real products and services. Token payment gives customers huge savings in terms of time, money, and effort. This will especially facilitate cross-border, B2B, and even P2P transactions. Some of the noticeable pros of FADO & FGT tokens are:
Cost-effective payment: Transactional fees and foreign exchange rates will be eliminated when using our tokens. Blockchain transactions do not involve third parties, ruling out hefty fees of transaction processing for intermediaries.
Time-saving: As for traditional methods, payment may take several days to reach merchants' accounts. On the other hand, blockchain transactions may take only seconds to complete money transfers. A huge plus is that cryptocurrency transfers can be processed automatically anywhere with near-zero fees.
Highly secured: Blockchain revolutionizes e-commerce payment to be more secure and seamless. FADO Go will exploit blockchain applications as they allow excellent data security through encryption and decentralization. With tokenized transactions, customers’ account data is safe and “disguised” into a different digital credential that cannot be hacked or stolen.
One-click payment: Blockchain enables shoppers to save their payment information in an encrypted and secured manner. The next time they shop, there is no need to enter the payment data again.