CUBOMANIA

CUBO TOKEN

CUBO token is the only internal means of payment used in the Cubomania eco-system. CUBO token is a utility token. CUBO token is an ERC-20 compliant Ethereum based token which is designed to work on the Cubomania platform. The token will have the following functions in the Cubomania eco-system:

CUBO token will provide access to the Cubomania game-based learning platform.
CUBO token guarantees discounts for cubes. Any user can buy the product directly from the Company from anywhere in the world without waiting for the product to appear in local stores. Charges in tokens are always 40% lower than charges in Fiat money. If paying with fiat money (using either Visa or MasterCard), the exclusive discount for Cubomania eco-system players is not applied and the toy is sold at full price without a discount.
CUBO token will be used in smart contracts as a means of payment between cre- WhitePaper April 2018 WhitePaper April 2018 23 ators of educational content, partners and participants of the platform. Thus, CUBO token will guarantee mutual fulfilment of obligations, for example, a means of payment for products and services such as educational programs, individual plans, classes with tutors or educational advisors, educational centres, online schools, colleges.
CUBO token is used as a means of payment in the Cubomania Bounty program.
CUBO token will be used as a Tool for the CuboBuddy game. CUBO token will be used for acquiring behavioral characteristics in order to create learning characters.
Using CUBO token as a reward in the Incentives program from external companies, creating content.
CUBO token will be used for getting access to digital assets such as student transcripts for concerned organisations (big data), learning characters and education programs.
Buying a toy, a user will get a certain number of CUBO tokens depending on the type and model of the cube. These tokens start to accrue after the user registers in the ecosystem.
Getting tokens as a reward for daily activities performed by a child, learner, student.
Guarantee mutual fulfilment of obligations, for example, a means of payment for products and services such as educational programs, individual plans, classes with tutors or educational advisors, educational centres, online schools, colleges.
CUBO token is used as a means of payment in the Cubomania Bounty program.
CUBO token will be used as a Tool for the CuboBuddy game. CUBO token will be used for acquiring behavioral characteristics in order to create learning characters.
Using CUBO token as a reward in the Incentives program from external companies, creating content.
CUBO token will be used for getting access to digital assets such as student transcripts for concerned organisations (big data), learning characters and education programs.
Buying a toy, a user will get a certain number of CUBO tokens depending on the type and model of the cube. These tokens start to accrue after the user registers in the ecosystem.
Getting tokens as a reward for daily activities performed by a child, learner, student.

Deficit of tokens will be created by burning them when creating and promoting a character. Also, every time a person makes a payment, the transaction fee, which is 0,5% of CUBO transaction cost, is withdrawn from CUBO token holder as a means of payment for using the platform and burnt as a fuel for transaction. This process is regulated by smart contracts.

Each token offers the following rights to its holder

right to make a transaction

Each token holder holds the right to send or receive tokens between one to another. Tokens can also be sent to the third party to a supported digital wallet.

right to receive goods [services]

Each token holder holds a right to get the services made available by the company for the token, such as creation of the characters and educational programs

Cubomania intended to use funds received during CUBO token sale for further development of the project, payment of salaries and future expenses. This will help accelerate development and also enable the team to work full time with total commitment. During CUBO token sale, purchasers will be provided with the CUBO token within two weeks after the end of Token sale; provided, that this term may be extended due to unforeseen circumstances. The tokens will be distributed during the public token sale. CUBO tokens sold during the token sale are the only tokens that will be sold by Cubomania. After the token sale there will be no additional sales of CUBO tokens. Buying tokens during the token sale is a guaranteed way of buying a CUBO token at a fixed price. Users that don’t have CUBO tokens will have to buy them from existing token holders in order to take advantage of the Cubomania platform. Cubomania may consider in the future to list tokens on exchanges after the Token sale for support and expansion of the user base. Tokens of the Cubomania project can be purchased with BTC or ETH during the public sale. Also, tokens can be obtained as a reward in the Cubomania Bounty program.