Awake Payment Token
The AWAKE Payment Token (AWACASH) is a “stablecoin” with low transaction costs that will be registered on the AWAKE blockchain and used by all participants within the AWAKE Ecosystem as the “preferred internal currency” for all transactions of goods and services. This includes the payment of hotel nights, property rent, food & beverage, tours, excursions, merchandise, airport tickets, marina slips, entrance fees of the attractions, use of the wellness amenities, activities and much more.
The use of the AWACASH facilitates easy, transparent, decentralized and secure transactions for all participants, like guests, residents, staff, suppliers and the families of the surrounding communities.
The AWAKE Payment Token also allows for more transparent “pricing” and “rating” of the different products and services, which improves competition, motivation, commitment and service levels, which results in lower price levels and a higher quality of the overall visitor experience.
To avoid price volatility, AWACASH is designed as a `stable coin` that is pegged to the dollar. The value of 1 AWACASH Token is set at US$ 1.00.
The actual conversion rate between AWACOIN and AWACASH is only defined by the market value of AWACOIN, since the AWACASH is a “stable coin”. The value of AWACOIN is based on supply and demand and the success of the AWAKE development
AWACOIN can be converted into AWACASH at a guaranteed minimum token conversion rate of 1.00 AWACASH Token = US$ 1.00.
Buy AWACOIN now at special entry prices!