<What is VOWI Point?>
VOWI Point can be used within the VOWI platform ecosystem, and its value is 1 USD = 1 VOWI Point.
(After our community achieves the targeted second milestone, the value of VOWI Points will fluctuate based on supply and demand in a single-sided market.)
How to Use VOWI Point
1. All users can use VOWI Points instead of USD during the purchase and payment process in the Event and Shop (Marketplace) sections.
2. If you are a Vendor user, you can withdraw VOWI Points as USD or USDT (crypto) from the Vendor Dashboard.
How to Earn VOWI Points (Upcoming Updates Planned)
1. Selling Objects or Event Tickets as a Vendor User
• When a buyer makes a purchase using VOWI Points, the equivalent amount of VOWI Points is provided to the Vendor user.
2. User Activities in Line with Our Mission (Detailed plans will be updated in the future.)
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Advantages of Using VOWI Points
• Compared to regular withdrawal methods, significantly lower withdrawal and transaction fees can be enjoyed.
• Only VOWI Points can be withdrawn as USDT (crypto).
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The Vision of VOWI Point
This system is partially inspired by Jean Marcel Tirole’s Two-Sided Market Theory. Once we reach our target number of users and achieve our second milestone (crossing the second chasm), the VOWI platform will operate exclusively with VOWI Points for purchases and payments.
At that stage, the value of VOWI Points will fluctuate according to supply and demand in a single-sided market.
Our community sincerely dreams of the moment when we cross the second chasm. When that moment comes, we believe we will be closer to the organic growth, the virtuous cycle, and the mission of the VOWI ecosystem.
Our mission is “Connecting the Cultures”, and we are looking for early adopter users to share that moment with us.
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