Earning AUTOMKT Tokens
The below outlines how AUTOMKT reward tokens can be earned.
Transactions
Total Transactions*
Additional Tokens**
- 10
- 50
- 100
- 500
- 1,000
- 2,000+
- 10
- 50
- 100
- 500
- 1,000
- 5,000
*Each unique service via AutoMarketplace plan / pakcage
**One-time additional tokens at certain thresholds
Value Transacted
Value***
Additional Tokens**
- $500
- $1,000
- $5,000
- $10,000
- $50,000
- $100,000
- $1,000,000+
- 10
- 20
- 100
- 500
- 1,000
- 5,000
- 10,000
***Max credit per unique transaction is $1,000
Vendor Rating
Rating*
Additional Tokens**
- 4.40+
- 4.50+
- 4.60+
- 4.70+
- 4.80+
- 4.90+
- 1,000
- 2,000
- 3,000
- 4,000
- 5,000
- 10,000
*One time, at time of 1,000th unique transaction
Sign-Up New Vendor or User
Vendor/Users**
Additional Tokens**
- 1
- 5
- 10
- 100
- 250
- 500
- 1
- 100
- 500
- 1,000
- 2,000
- 5,000
**Verified user, awarded after 5th unique transaction
YouTube Content
Views***
Additional Tokens**
- 1,000
- 5,000
- 10,000
- 20,000
- 50,000
- 100,000
- 10
- 50
- 100
- 500
- 1,000
- 5,000
***Selected publication on AutoMarketplace YouTube channel
Note: Before AUTOMKT's listing on a crypto exchange the maximum tokens per unique verified user is 150,000 AUTOMKT tokens.
AUTOMKT Tokens & Regulation
Since the regulatory environment related to crypto assets is constantly changing, we want to ensure any structure we build is in compliance with regulatory guidance. In an ideal world, the AUTOMKT token would simply represent a share of the company, but that could violate current and/or future US securities laws.
Therefore, our path to making AutoMarketplace user-owned is through a rewards program built on the blockchain. A crypto-enabled rewards program is allowed under current regulatory guidance. The AUTOMKT rewards program will not only serve as the foundational building block of AutoMarketplace's ultimate value, but also have benefits similar to other reward programs (i.e., discounts on goods & services, Buy Now, Pay Later (BNPL) access, crypto rewards).
Once all AUTOMKT reward tokens are distributed, we will apply for a formal license that will allow us to list AUTOMKT reward tokens on well known crypto exchanges, such as Coinbase. We believe, as the crypto asset class gains mass adoption, regulations will become clearer.
