The Flying Dojo has extensive token economics. We believe that work needs to be rewarded To enable an honest and fast economic system the DO token was introduced. DO is fully in your hands, meaning you can transact it to whoever you want for whatever reason, think of it as cash. Every Flying Dojo member will have its own DO wallet, which is available as a mobile or PC wallet.
The awesomeness lies into that DO is not bonded to the Flying Dojo platform, meaning you are in absolute control. This allows you to eventually set your own rates in DO, charge other users for services/products in DO or tip/pay other users for whatever reason you feel to.
DO is a token issued on the Syscoin Platform which means every DO transactions takes a tiny amount of SYS. SYS will be provided when acquiring DO). (Keep your password tight, there is no way to recover it. Always make sure to backup the wallet on a usb stick in the case your computer/or mobile gets lost or broken.)
Some general notes:
- 1 DO = 1 Euro is the rate used by the Flying Dojo (DO is either earned, bought at the Flying Dojo or bought from another user. Flying Dojo does no cash or fiat payouts or returns of DO bought.)
- You can earn interest each month on your DO by locking them in your wallet (using it in the meantime will result in no interest paid). Interest is roughly 4% per month.
- Do tokens are transferable between users and may be exchanged for any service or value.
- Some rewards set by the Flying Dojo: Flying Dojo Bounties
- Set your payment address in ‘‘about me’’ in your profile settings, so other users and admins can easily tip/pay you for bounties and services.
- Wallet software for PC: https://github.com/syscoin/blockmarket-desktop-public/releases/tag/3.2.0
- Wallet software for mobile: (coming soon)
Acquiring DO tokens
Underneath are various ways to acquire DO tokens. Just send the amount of Euro, cryptocurrency or cash which you want to convert to DO and add the your (recipient) address in the comments of the payment. As soon as we are notified of the payment, the tokens will be sent to your wallet.
Please send a DM to @Cees with the amount and means of payment used. This way you are guaranteed of the fastest service.
Account number: NL81 INGB 0748 2080 62
Account name: C de Kort
Payment link: https://paypal.me/FlyingDojo?locale.x=nl_NL
Cryptocurrency (price of the currency will be checked at receivement of payment)
We surely take cash any day! Arrange cash payments with @Cees.