Coffee Club Token

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Description

Coffee Club Token is a Web3 social app offering unique tokens as membership passes for private Telegram groups. It allows creators to offer their friends free access, enhancing community engagement. The app monetizes via transaction fees: 6% on purchases, 4% on sales, and an overall 4% platform fee. Referral rewards include a 1% transaction fee bonus and reduce platform fees to 3%. Token valuation follows a bonding curve formula = x² / 10000.

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FAQ

What is the purpose of Coffee Club Token?

Coffee Club Token is designed as a Web3 social application to facilitate access to exclusive Telegram groups. It offers unique cryptocurrency tokens as membership passes, akin to a country club membership, providing a private communication space for members. This setup fosters valuable social communities by leveraging blockchain technology.

How do I use Coffee Club Token services?

Users join Coffee Club by acquiring a unique cryptocurrency token, which serves as a membership pass for exclusive Telegram groups. Creators can invite unlimited friends for free, enhancing community engagement. Members can trade tokens for access or refer others to reduce transaction fees and earn credits.

What are the benefits of using Coffee Club Token?

Coffee Club Token provides a unique membership experience, offering exclusive access to private social groups on Telegram. This fosters a sense of community and belonging. Additionally, creators benefit financially through membership purchases, while users can reduce fees via referrals.

How does Coffee Club Token compare to other social token platforms?

Unlike traditional social platforms, Coffee Club Token uniquely combines Web3 technology with social networking by offering encrypted, token-based group memberships. This approach enhances privacy and exclusivity, setting it apart from standard social media applications that do not leverage blockchain.

How does the bonding curve affect the value of Coffee Club Token?

The token's value is determined by a bonding curve formula, x² / 10000, which governs the dynamic pricing of tokens. As demand increases, the token's price adjusts following this curve, creating a predictable and transparent method for valuing membership access.

What should I do if I encounter issues with Coffee Club Token transactions?

For issues with transactions, first check the status on your linked Ethereum wallet and ensure network fees are covered. If problems persist, contact Coffee Club Token's support for assistance. Verify your referral codes if applicable, as it can impact transaction fees and earnings.

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