What is EyesFi Platform (SPX) | What is SPX token

In this article, we'll discuss information about the EyesFi Platform project and SPX token. What is EyesFi Platform (SPX) | What is SPX token?

EyesFi is building a Web3 social platform using various ideas. It is a Web3 app that combines elements of Game-Fi and Social-Fi. Users communicate with one another on EyesFi using not real-world information, but rather Ethereum Metaverse information. We can verify the user's identity, information, and all behaviors as a result of the blockchain's characteristics. This is an entirely different world. All behavior and information are either verifiable or will be recorded on the blockchain and permanently searchable. In EyesFi, you can always tell what's happening in the Metaverse without worrying about getting false information.

EyesFi is the first social platform based entirely on real information. On EyesFi, user profiles, content, and assets are all authentic and verifiable. These components make up the Web3 social platform that we define.

Utility-NFT of EyesFi appears in the form of glasses called GlassE. Using GlassE, users can curate or like an NFT and receive a token EYE as a reward. These tokens can be used on the EyesFi platform or exchanged for USDC.

EyesFi is built on the value of NFT, which represents all of humanity's spiritual wealth. We believe that everyone has their own interpretation of spiritual life and the right to express themselves. Furthermore, due to the inherent reflexivity of financial behavior, everyone has the possibility to make a difference in the world. This has been verified countless times in the cryptocurrency and NFT fields in recent years. In the future, EyesFi will help the market establish a set of complete value evaluation system through users’ likes and curation. EyesFi will use its Social-Fi features to nurture the creation of more valuable content and to create value across the entire Web3 ecosystem.

All user behaviors will be classified and stored on the blockchain. Likes will be stored on the blockchain ledger through Zero Knowledge (ZK) proofs, while curation will be permanently stored in a storage system similar to Arweave.

Getting Started

To Start, users need to download the EyesFi APP through EyesFi.xyz.

Note: App mentioned below refers specifically to the EyesFi mobile application.

1. Log in to the App

Sign up: Launch the application and sign up with your email address. You will receive a verification code in order to access the application. If an invitation code is required, please acquire it through official channels or members of EyesFi community.

Sign in: If an account and password are set up in the app for login, the email account and password can be used to log in directly.

2. Install wallet

Wallet

Metamask is recommended and available from the App Store.

Note: To create a wallet, there are specific tutorials, which can be viewed on their official website: https://metamask.io/faqs/how to create a wallet

Switch to Arbitrum network

Click Settings - Network - Add Network in the Metamask wallet. The specific parameters are (or go to arbitrum.io to find the parameters):

New RPC URL: https://arb1.arbitrum.io/rpc

Chain Id: 42161

Currency Symbol: ETH

Block Explorer URL: https://arbiscan.io/

After adding the Arbitrum network, select Arbitrum in the network selection interface and return

3. Deposit ETH

Make sure that the Metamask wallet has an ETH balance on the Arbitrum network, then go to the Gateway page in the App and deposit an appropriate amount of ETH. When you deposit ETH, the recharge interface will automatically redirect you to the Metamask wallet, which requires your signature to confirm.

4. Buy NFT GlassE

You can now head over to the in-app Marketplace to look for a GlassE of your preference using the Filter tool. Before purchasing. Ensure you have enough ETH for the purchase.

Marketplace

Users can buy and sell NFT GlassEs and Batteries on the Marketplace. The classification function allows users to filter the products for sale.​

In EyesFi, GlassE is an ERC-721 NFT. In the future, users' social relationships will be decentralized and formed in NFT as well.

Tokenomics

EYE as a Utility Token, has no upper limit on the total amount. It is mainly used and consumed in Game-Fi scenarios.

SPX as a Governance Token, has a total amount of 1 billion. It is mainly used and consumed in Social-Fi scenarios.

1. Utility Token: EYE

Supply and Earning

EYE has an unlimited supply and is minted when a user gives likes and curates in EyesFi.

In order to provide liquidity in the early stage, we will mint a portion of EYE into the liquidity pool.

EYE Burning Mechanics (Continue to update)

The EYE is burned by:

GlassE-Minting

  • Repair GlassE
  • Level-up GlassE
  • Boost GlassE or Mystery Box
  • Level-up Battery
  • Transfer ERC20 Token
  • Transfer NFT

2. Governance Token: SPX

Supply

SPX can be obtained through token minting activities with a total amount of 1 billion.

SPX Burning Mechanics

SPX is mainly used and consumed in Social-Fi scenarios. Coming Soon.

Privacy

This Privacy Policy describes how EyesFi handles personal information that we collect through the EyesFi websites that links to this Privacy Policy, as well as through social media, marketing activities, and other activities described in this Privacy Policy.

We may modify this Privacy Policy from time to time which will be indicated by changing the date at the top of this page. EyesFi has no interest in profiting from user data and strictly follows the Google and Apple Privacy requirements. The whole Privacy Policy will be coming soon.


How and Where to Buy token?

You will have to first buy one of the major cryptocurrencies, usually 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

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase token from the exchange.

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinancePoloniexBitfinexHuobiMXCProBITGate.io

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

🔺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.

I hope this post will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!

#bitcoin #cryptocurrency #token #coin 

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