What Is The Pif Token?

The PIF or Pay It Forward token, is TheBenefactor.net's native cryptocurrency. It is designed to empower users and revolutionize the way people interact with donations, rewards, and social engagement in the digital age. Built on blockchain technology, the PIF token offers a secure and transparent way to facilitate transactions within the platform.
 

Features of our native PIF Token:

1. No Minting

Unlike some cryptocurrencies that can continuously mint new tokens, our native PIF token has a fixed total supply. This ensures that no new tokens can ever be created, providing predictability and stability for investors and users.

2. Utilities in TheBenefactor.net's Ecosystem

Our native PIF token is seamlessly integrated into the platform, playing a pivotal role in the entire ecosystem.
Users can utilize the PIF token for:
  1. Platform Rewards: 2.25% buy & sell token transactions are allocated to these rewards.
  2. Pay it Forward Rewards: All utilities within TheBenefactor.net's entire ecosystem will have percentages of associated fees distributed to Pay it Forward rewards daily and equally. ALL users are eligible.
  3. Donations: Users can contribute to various causes using PIF tokens for donations, promoting charitable initiatives. A withdrawal fee of 5% goes to active users on the platform by way of Pay it Forward rewards.
  4. Subscriptions: Content creators can charge for premium content, allowing them to monetize their efforts.
  5. Lottery: A portion of the buy & sell token transactions fund the lottery every 3 days immediately following the winners, providing users with additional earning opportunities. 20% of the winnings goes back to active users on the platform by way of Pay it Forward rewards.
  6. Banner Advertising: Advertisers can purchase banner ads using PIF tokens, creating a revenue stream for the platform in which 20% goes back to active users on the platform by way of Pay it Forward rewards.
  7. Email Marketing: Send out marketing material to all of your following, you built it so why not utilize it. Creating another revenue stream for the platform and 20% also goes back to active users by way of Pay it Forward rewards.
  8. User to User Transfer: Transfer PIF tokens to friends & family directly on our platform. A fee of 0.5% goes to active users by way of Pay it Forward rewards.
  9. Boost Your Post: Aside from Banner Ads, you can also promote your post to add it to the top of the newsfeed in rotation. Creating yet another revenue stream for the platform and 20% also goes back to active users by way of Pay it Forward rewards.
  10. BeneSwap: Our exclusive BeneSwap will benefit users by way of Pay it Forward rewards through percentages of ALL token swap fees.
  11. KYC Verified Badge: Build trust and transparency with your audience through our KYC process. Completing KYC also unlocks your subscription feature, allowing you to monetize your account in PIF tokens. A $4 monthly KYC fee is distributed daily to Pay it Forward rewards.
  12. Referral Rewards: Each user will have a personalized unique Referral link to promote and publicize to receive PIF tokens as a reward for each newly registered user. 
  13. Paid per Click Rewards: Publicizing and promoting your same Referral link will also get you per click rewards in PIF tokens.
  14. Tipping: Support your favorite posts or content, or simply brighten someone's day with a tip in our PIF token.
  15. Much, much more upcoming for the future...

Why Choose the PIF Token?

The PIF token stands out from other cryptocurrencies due to its unique combination of features, rewards, purpose, and utility:

  • Transparency: Transactions are recorded on a public blockchain, ensuring trust and accountability. Up-To-Date Use-Case and Utility distributions are located in our PlatformDAO.
  • Community-Driven: Designed to support charitable causes and community initiatives through TheBenefactor.net.

Learn more about our PIF token and its Use Case in our whitepaper

 

 

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