Clarifying the path to tokenization
The TWO token is a digital voucher that you can use to buy all other 2Tokens products at a 10% discount. This token is part of an adoption initiative led by 2Tokens where we aim to stimulate familiarity with token economies and token payment processes. Every token represents a fixed value of 1 EURO, whereas the discount is included in the product price. For example, a product that would normally cost 100 EURO, would only cost 90 Tokens. We trust this incentivizes people to learn how to handle DLT processes in everyday life as well as support the other goals of the foundation.
The sale of the token commenced June 16th and will run until the 2Tokens Conference Summit in November of this year. After your purchase of the token, you will be kept informed via e-mail on the progress of the sale, when the token generation event and token distribution will take place, and which new products you can expect to launch for you to use your tokens on. The tokens expire December 31st, 2020.
How to buy and spend TWO
You can buy your specified amount of TWO in the 2Tokens store.
You will get instructions per email, we'll take care of the rest!
Participate in events and learn about the latest updates on tokenization
Is this a security token?
No, the TWO token is not a security, nor does it require the 2Tokens foundation to register with the Dutch Central Bank (DNB), or acquire an e-money license. The 2Tokens foundation is the only issuer and vendor of the token, and it can only be used as a discount voucher for 2Tokens materials and events.
Does the token have an expiry date?
Yes, because this is an experiment, the token will expire at some point. The current date is 31/12/2020. This gives all participants ample time to spend their tokens on the 2Tokens Conference Summit in November, the upcoming masterclasses, foundation memberships, and a myriad of other products.
Should external factors (COVID-19, other) reduce the ability to effectively spend the token, we may extend the expiration date or otherwise do our best to take care that nobody’s money is lost.
How are the proceeds of the sale used?
Because the token is simply a discounted method of acquiring 2Tokens products, the proceeds of the sale are put towards delivering those products. We expect the token sale to give us insight into attendance and interest in certain events and materials, allowing us to make safer budgetary decisions around things like event locations. This way, the 10% discount benefits you, as well as us, by giving us timely insight into the community’s desires.
My question is not listed, what now?
In case you have a question that is not mentioned here, please send an email to firstname.lastname@example.org. Your question will be answered as soon as possible.
Terms & Conditions
Read our Terms & Conditions here.
Read the TWO whitepaper here.
Interviews and other material
All material on TWO can be found here.
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Why this guide
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