What is IDON?
Token Definition
IDON is a digital payment token (a.k.a. cryptocurrency) and the enabler of the Idoneus Economy. It is used to buy, sell, rent and otherwise experience luxury assets, goods and services available on the Idoneus Platform, as well as from any individual or company that accepts IDON as a means of payment.
Token Specification
- Token Name: Idoneus Token
- Symbol: IDON
- Token Type: ERC20
- Decimals: 18
- Total Supply: 1,000,000,000 (1 billion)
Why use IDON Tokens?
Value Protection
IDON price value protected at a $10.00 minimum for public trading.
Multiply Options
Significantly increases the choices relative to existing holdings.
Devaluation Hedge
Swap fiat currency into IDON as a hedge to historic price devaluation.
Frictionless Trade
Skipping the middlemen and a full digital experience that is easy-to-use.
Transaction Speed
Transactions are executed on the best-established blockchain network.
Transaction Cost
Transactions are executed at a fraction of the costs of traditional finance.
Cash Independence
Little or no cash liquidity required to purchase high-value assets.
Price Advantage
Utilizing IDON can create savings of up to 10% on the original asset price.
Rewards Program
Automatic participation for all Token Holders (*to be rolled out in 2021).
How to Manage & Spend IDON Tokens?
Idoneus Platform
The Idoneus Platform is the central hub to access and interact within the Idoneus Economy, as well as to manage and spend IDON Tokens.
- Onboarding & Account Management that includes a comprehensive client due diligence process.
- Connecting & whitelisting crypto wallets to receive / send / store IDON.
- Purchasing (larger amounts of) IDON directly from the source with USD, CHF, EUR, BTC or ETH.
- Make payments in IDON to buy, rent or otherwise experience luxury assets.
- Trade luxury assets, goods & services, in exchange for IDON.
Idoneus Asset Portfolio
The exclusive portfolio of assets in the Idoneus Economy is where Industry Partners and Asset Owners showcase their inventory, and is accessible to Token Holders to spend IDON on.
- Access to the portfolio of high-end and high-value assets available in the Idoneus Economy.
- Asset portfolio inventory includes diamonds, real estate, fine art, yachts, fine jewelry, and more.
- Browse luxury items by category, price range and location.
- In-depth details on each item in the portfolio.
- Send inquiries for items of interest and initiate the purchase or rental process.
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How to Buy, Sell, Store & Trade IDON on Third-Party Platforms?
Idoneus has partnered with multiple third-party platforms to expand the utilization of IDON, as well as providing additional avenues to buy, sell and trade IDON. As an ERC-20 token, IDON is supported on various Ethereum-compatible crypto wallets in order to receive, send and store IDON.
CoinLock IDON Platform
CoinLock is a platform that delivers increased utility to cryptocurrency by providing transformational value-added services and will provide IDON token holders with additional options.
- Buy and sell IDON for free: Users transact directly, peer-to-peer, bypassing exchanges and their fees. Currently IDON can be bought or sold with USD and ETH.
- Send IDON payments via email to other CoinLock members, as well as non-CoinLock members, for free.
- Access interest-free leverage services: the platform allows traders to get 4x leverage and does so without charging any interest.
- Hedge and lock-in a fixed USD value on their IDON’s without paying any fees or having to sell their tokens, shielding against market volatility and enhancing IDON utility as a stable payment option.
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P2PB2B Exchange
P2PB2B is a well-regarded cryptocurrency exchange located in Europe where IDON is listed for trading against USD.
- Buy and sell IDON at any quantity of desire on an active global exchange. Currently IDON can be bought or sold with USD.
- Trade IDON against USD to benefit from potential price fluctuations in the market.
- Buy ETH (ether) to pay for Ethereum gas fees on IDON transactions, with a multitude of (crypto)currencies.
- Buy, sell and trade other cryptocurrencies: at P2PB2B users can trade over 300 different cryptocurrencies and offers more than 700 trading pairs.
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IDON on Crypto Wallets
You can receive, send and store IDON on any Ethereum-compatible wallet. We recommend you use one of the following wallet solutions:
- Hardware Wallets such as Ledger Nano (X and S), Trezor and BitBox.
- Mobile Wallets such as Trust Wallet, Coinbase Wallet, MyEtherWallet and MetaMask.
- Software Wallets such as MyEtherWallet and MetaMask.
- MultiSig Wallets such as Gnosis Safe.
CAUTION: Idoneus strongly recommends to take necessary security precautions to keep your IDON safe.
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Want To Know More?
We are here to help. Our team is available to answer your questions. To inquire, please send us a message and let us know the nature of your inquiry.
