The Fida token (FID) and Fida dApp will launch in Q4 2022.
This will act as a showcase for brand partners on how their tokens could operate using the same infrastructure.
Post launch Fida will be able to be redeemed to purchase goods and services.
Brands will be able to use the Fida API to issue their own loyalty tokens.
Fida will take an allocation of each token for building and issuing the token.
The partner tokens allocations will be added to Fida’s treasury to give an underlying value to the Fida token.
Brands will be able to use the Fida API so their customers can use their tokens to pay for goods and services.