The utility of MBN token: service plans
In this article, we’ll show in details how to use MBN tokens now and what options will be available with future development of the ecosystem.
We believe that the development of projects in the crypto industry comes along with new users who use the product for their professional goals. Therefore, we focus on the token, as an element of the internal ecosystem of the functioning of the product. In simple terms, we create a product in which the token plays a major role.
The first thing we did for the use of the token was to offer the Staking. You can learn more about this system from this article.
The second thing that we have been preparing for a long time are the service plans for all users of the MBN ecosystem. MBN platform will remain free to use, thou with MBN tokens you would be able to unlock additional features!
In the upcoming update that is scheduled for September, we are releasing 3 service plans: FREE, PREMIUM and PRO. The payments are done in MBN tokens based on the current market price.
This image shows the functionality of them.
To create service plans and determine their cost, we conducted many interviews with community members. Everyone was asked the same questions and then we checked the answers. They were all about the same content, which means that we chose the right path.
Thus, these tariffs aren't only what the MBN team wants, but also what the community wants. And most importantly — it is basic utility of the token, that will with the release of newly available features and services.
Soon we’ll set all users to a free service plan. To use the advanced functionality of the platform without restrictions, you’ll need to purchase MBN tokens and use them to unlock the plan you’d prefer.
Moreover, we are also releasing Analyzer and External API functionality for Public Testing. We would add them in paid plans after receiving feedback from the community. Any interested person can use them for free and suggest his improvements.
For the future updates of the token usage — we prepare a big update for the COF ecosystem, also bringing token there. It will be a method of access to COF and also will act as collateral for the contracts. More details will come in future announcements regarding COF.
Beta Status. Due to the fact that the platform is in development mode, we’re aware of possible failures. Therefore, we already reduced prices by 50% for your convenience.