Can I sell the IDON I hold at a price of my choice?
Holders of IDON may sell their tokens at any price they choose by facilitating a private sale transaction.
How is the public price value of IDON protected?
To protect the Idoneus Economy from volatility and the constant changes associated with external economic shocks, and exchange rates, the IDON will always have a minimum value of $10 (USD). This value is based on what is the long-term value of the tradeable luxury goods business on the platform. To protect the economy within Idoneus […]
How can IDON be acquired?
There are several ways to acquire IDON and fund your Idoneus account: By offering tangible assets, goods or services to trade for IDON, directly on the Idoneus Platform (restrictions apply). Direct purchase with BTC, ETH, USDT, USDC, or a cash payment via bank transfer on the Idoneus Platform (restrictions apply). OTC transaction between a private […]
Is IDON asset backed?
No. IDON is a means of payment for the Idoneus marketplace which has the ability to be spent to buy, rent, trade, or otherwise experience luxury assets, goods and services. As each asset, good, or service is purchased using IDON as a method of payment and as parties place new assets for purchase, rental or […]
How many IDON Tokens are there, and can the supply of IDON be increased?
One billion (1,000,000,000) IDON Tokens have been minted via a smart contract and this cannot ever be increased.
What can I do with IDON?
Holders of IDON Tokens may use their tokens within the Idoneus Ecosystem to buy, rent or otherwise experience luxury assets, goods and services on the Public, Private and Personal Portfolio. Individuals can also use their tokens as a method of payment to facilitate private transactions where value is exchanged between parties. Idoneus is continuously looking […]
What is IDON?
IDON is a Swiss payment token that enables access to the platform and opportunities, asset value offset and serves as the primary payment method in the Idoneus Economy. It is used to buy, sell, rent and otherwise experience luxury assets, goods and services. Key benefits of IDON for its holders are: Speed of transactions (compared […]
How can I contact Idoneus if I have more questions?
How can I contact Idoneus if I have more questions? If you have questions that have not been answered by this FAQ, please feel free to contact us any time via the Contact Form and send us your inquiry. We will be happy to answer your questions.
Where can I learn more about Idoneus?
To learn more about Idoneus, please check out our Whitepaper.
How is Idoneus different from other luxury platforms?
Firstly, the Idoneus Economy is designed from the ground up based on the traditional bartering/trading system that has been in existence since 6000 BC. We have taken this traditional system and have incorporated the blockchain into its business model which will be managed via the Idoneus Platform. Secondly, utilizing blockchain, smart contracts, a digital currency […]