Gift Card System
The XENO Gift Card system is designed to make our ecosystem accessible to everyone, including users who may not be familiar with cryptocurrencies. It provides a simple bridge between traditional payments and token-based rewards, while also creating an additional utility for the $XENO token.
How It Works
Purchase Options: Gift cards can be purchased using fiat, stablecoins such as USDT or USDC, ETH, or $XENO tokens.
Added Bonus for $XENO Holders: When users purchase gift cards with $XENO tokens, they receive an additional 10% bonus value on top of the amount loaded. This creates a powerful incentive to use and hold the token.
Usage: Gift cards can be redeemed within the XENO Shop to purchase robots, IoT devices, rentals, or other ecosystem products.
Accessibility: Web2-native users who prefer fiat or stablecoins can still use gift cards, ensuring inclusivity across both traditional and decentralized audiences.
Example Transaction
User spends $1,000 worth of $XENO tokens to buy a gift card.
After accounting for token transaction taxes, the user holds $950 in net tokens.
With the 10% bonus applied, the gift card value becomes $1,045.
The user effectively gains $45 in credits compared to fiat or stablecoin purchases.
Table: Gift Card Purchase Comparison
Payment Method
Value Purchased
Bonus Applied
Final Credit Value
Fiat (USD)
$1,000
None
$1,000
USDT / USDC
$1,000
None
$1,000
ETH
$1,000
None
$1,000
$XENO Token
$1,000 (net $950)
+10% bonus
$1,045
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