Q1: What's N-Token?
N-Token is Storefront's utility token that can be used to purchase resources and pay for ads on the forum.
Q2: Can N-Token be exchanged for cash?
No. However, it can be used to purchase resources, pay for ads, purchase Mp3 and Mp4 Tagger credits (new), etc. More use cases will be created.
Q3: Can N-Token be sold?
For now, no. Not directly, at least. But you can pay for or purchase something on behalf of others, which is close to selling it.
Q4: Does N-Token expire ?
Not all. N-Token is designed to serve as gas that powers the forum. Members are rewarded with it for performing certain activities. But they will eventually expire. The only N-Token that doesn't expire is the one earned from resource purchase. This means that if someone downloads your resource, you will earn N-Token, which doesn't expire.
Q5: Can I lose my N-Token?
Yes, the forum has the right to reset all credits to 0, disable, and modify events without prior notice. N-Token gotten under deception will be withdrawn, including a penalty fee.
Q6: Which event earns the most N-Tokens?
Tokens gotten from resource purchase are the highest, and they don’t expire.
Q7: How can I earn N-Tokens?
There are several ways:
* When your resource is downloaded: this is the best way! It pays the highest and doesn't expire. Share resources with the community. Anyone who downloads it will lose their tokens to you. If A downloads B's resource, A loses 200 N-Tokens, and B earns 200 N-Tokens. This token will not expire.
* Registration: Registered members are rewarded with N-Tokens upon completion of their registration. Tokens gotten through this event have expiry dates.
* Daily activity/Login: active members are rewarded credits daily. This, too, has expiry dates.
* Creating threads, dropping comments, when someone likes your post, when you earn an award. Tokens gotten through this event do expire.
Q8: How to lose N-Tokens?
Losing credits are easy, too, LOL! Spamming, creating deceptive posts to earn tokens, manipulating the system, etc, are some ways to lose credits.
Q9: What's the N-Token to Naira rate?
It depends. Currently, 1 naira is equivalent to 5 N-Tokens. This is strictly for purchases in naira. But on credit level, 1 N-Token is equal to 1 credit. Credits are used on Storefront for utility, not naira. For instance, our new system which we're still working on can be paid for in N-Token!
N-Token is Storefront's utility token that can be used to purchase resources and pay for ads on the forum.
Q2: Can N-Token be exchanged for cash?
No. However, it can be used to purchase resources, pay for ads, purchase Mp3 and Mp4 Tagger credits (new), etc. More use cases will be created.
Q3: Can N-Token be sold?
For now, no. Not directly, at least. But you can pay for or purchase something on behalf of others, which is close to selling it.
Q4: Does N-Token expire ?
Not all. N-Token is designed to serve as gas that powers the forum. Members are rewarded with it for performing certain activities. But they will eventually expire. The only N-Token that doesn't expire is the one earned from resource purchase. This means that if someone downloads your resource, you will earn N-Token, which doesn't expire.
Q5: Can I lose my N-Token?
Yes, the forum has the right to reset all credits to 0, disable, and modify events without prior notice. N-Token gotten under deception will be withdrawn, including a penalty fee.
Q6: Which event earns the most N-Tokens?
Tokens gotten from resource purchase are the highest, and they don’t expire.
Q7: How can I earn N-Tokens?
There are several ways:
* When your resource is downloaded: this is the best way! It pays the highest and doesn't expire. Share resources with the community. Anyone who downloads it will lose their tokens to you. If A downloads B's resource, A loses 200 N-Tokens, and B earns 200 N-Tokens. This token will not expire.
* Registration: Registered members are rewarded with N-Tokens upon completion of their registration. Tokens gotten through this event have expiry dates.
* Daily activity/Login: active members are rewarded credits daily. This, too, has expiry dates.
* Creating threads, dropping comments, when someone likes your post, when you earn an award. Tokens gotten through this event do expire.
Q8: How to lose N-Tokens?
Losing credits are easy, too, LOL! Spamming, creating deceptive posts to earn tokens, manipulating the system, etc, are some ways to lose credits.
Q9: What's the N-Token to Naira rate?
It depends. Currently, 1 naira is equivalent to 5 N-Tokens. This is strictly for purchases in naira. But on credit level, 1 N-Token is equal to 1 credit. Credits are used on Storefront for utility, not naira. For instance, our new system which we're still working on can be paid for in N-Token!