What is Doortoken (DOOR) | What is DOOR token

What is Doortoken (DOOR) | What is DOOR token

Doortoken (DOOR) is the first lead exchange powered by crypto to reward consumers. DOOR rewards consumers every time advertisers access their data. Door removes the middleman and enables a direct connection between consumers and businesses. In this article, we'll discuss What is Doortoken (DOOR) | What is DOOR token?

In this article, we'll discuss information about the Doortoken project and DOOR token

What Is DOOR (DOOR)?

DOOR is the first lead exchange powered by crypto to reward consumers. DOOR rewards consumers every time advertisers access their data. Door removes the middleman and enables a direct connection between consumers and businesses.

DOOR is the native utility token that is used for:

  • Rewards given to consumers who register their information and property
  • Businesses pay to access opt-in consumer data to sell products and services
  • Consumers connect with businesses when they need a product or service.
  • Enables a fair market value for consumer data and leads based on supply and demand.

DOOR tools include:

  • DOOR Wallet to provide easy licensing of real-time opt-in leads over the network.
  • DOOR Lead Exchange where consumers register and receive rewards each time their data is accessed by a business.
  • DOOR Lead Exchange where businesses can easily access opt-in consumer leads and provide information about their products and services.
  • Full Integration with Metamask Wallet
What Makes DOOR Unique?

DOOR brings value to both the consumer and the advertiser. On one side people want to control and potentially profit off their data. For years, centralized corporations have been selling our data for massive profits. With DOOR the transition of power can be put back into the consumer’s hands.

The other side is the Advertiser. Every day online ads become more and more expensive because they are controlled by a handful of the same centralized monopolies (Google, Facebook, etc). Advertisers would love to cut out the middle-man and connect directly with the consumer (especially when the consumer is opted-in and looking for their product or service).

It truly is a win-win. Consumers get paid to connect with products and services they want to buy - and the Advertiser can directly connect with potential customers at a competitive price.

How it Works

Consumers register their property onto the network and provide information that would be valuable to advertisers including intentions to sell their property, repair or remodel their property or purchase other home services. Once the data is updated by the owner, advertisers are able to access the data using DOOR Coin. The DOOR Coin is the payment for the use of data and transferred to the Consumers.

Work Process

We’ve built a platform for Consumers to earn tokens for use of their data.

Consumers purchase billions of dollars in home servies and products every year. The intention data is valuable and currently not available to advertisers.

  • Consumers earn tokens every time an advertiser accesses their property data.
  • Advertisers get access to real actionable data directly from the Consumers who has a relevant need for home services.
  • Door Coin provides a transparent and fair way to price the value of the property data.

The Value of Door

The current control of data is monopolized by multi-billion dollar corporates that aggregate and sell property and personal data without receiving permission or compensating Consumers.

Accurate: The property data that is registered on the network comes directly from the Consumers or authorized agent.

Rewards: The Consumers receives rewards as Door Coin every time their data is accessed and used by an advertiser.

Easy to Access: The property data is easy for advertisers to access and license. All uses of data is tracked and transparent to the Consumers.

Transparency: Anytime an advertiser accesses property data, the Consumers can view the usage and their rewards.

Fair Pricing: The pricing of the property data to the advertiser is based on market demand and is set by Door Coin value.

Property Income: Consumers can generate new passive income through the licensing of their data.

How many Door Coins exist?

There will be 4,000,000,000 Door Coins. The majority (2.8B) will be used to reward Consumers and agents for registering data on the Door Application.

How are Door Coins used?

Door Coins are used by advertisers to license data directly from Consumers and used to reward Consumers for registering and maintaining accurate property data.

How do Advertisers buy Door Coins?

Advertisers can purchase Door Coins on exchanges to be used to license data from Consumers.

How do Consumers sell Door Coins?

Consumers can sell their Door Coins on exchanges like Uniswap.

Door Wallet Tutorial - Uploading Properties and Adding Home Services Requests

Door Wallet Tutorial - Managing your Leads and Home Service Requests for Businesses

Door Wallet Tutorial - Verifying your MyDoorWallet.com account

Door Wallet Tutorial - Deposit and Withdraw

How and Where to Buy DOOR token?

DOOR token is now live on the Ethereum mainnet. The token address for DOOR is 0x7d48fbe0a877bb1f511fcf9b57f12420c75841e9. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don't have a Metamask wallet, read this article and follow the steps

What is Metamask wallet | How to Create a wallet and Use

Transfer $ETH to your new Metamask wallet from your existing wallet

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap DOOR token

Contract: 0x7d48fbe0a877bb1f511fcf9b57f12420c75841e9

Read more: What is Uniswap | Beginner's Guide on How to Use Uniswap

The top exchange for trading in DOOR token is currently Uniswap v2

Find more information DOOR

WebsiteExplorerWhitepaperSource CodeSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

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