Tokens is sold in increments of 100 tokens and costs $10 USD. You can use your credit card or crypto via Coinbase account to purchase tokens.
Each Tokens token is worth 7 cents for users to spend on content and tipping, and the remaining 3 cents is used by the platform to cover transaction fees, maintain operations and support future developments of the platform, and creating new exclusive content.
Tokens can be spent in a number of ways. Some content creators will have their content behind a paywall or paid subscription. To access this content, select “buy” under this content. Users and content creators will accept tips; to tip your favorite creator, user or a specific piece of content, tap the _ icon underneath the creator’s profile and/or video.
Users have the choice of purchasing and tipping anonymously. Navigate to your account settings to set your purchases to anonymous.
Tokens is sold in increments of 100 tokens and costs $10 USD, with a cash-out value of $7; each Tokens token is worth 7 cents for users to spend on content and tipping, and the remaining 3 cents is used by the platform to cover transaction fees, maintain operations and support future developments of the platform, and creating new exclusive content.
Cashing out is simple. Navigate to your Sovren Tokens wallet and once you’ve reached the minimum threshold for cashing out, fill out the required information and then select “Cash Out” to request a cash out. You can receive your payment as a check, ACH, or cryptocurrency.
The minimum cash out is 1,450 Tokens.
