BioPassport Token Use
BioPassport Token (BIOT)
The token within the BioPassport ecosystem is known as BioPassport Token (BIOT). Tokens may be earned through interaction with the platform at multiple facets. Tokens may then be spent to purchase services that the ecosystem and platform offers, or may be staked on the staking pool. For every purchase made by using tokens, a percentage of the tokens will be allocated to the token reward pool. Rewards within the ecosystem will be supplied from this pool.
Earning Tokens
Both users and telehealth consultants will be able to earn tokens using the BioPassport platform. The ways in which these two groups may earn tokens are as follows.
Users
a. Users will be rewarded for inputting health data
b. Users will be rewarded for inputting official health records (highly recommended)
c. Users will be rewarded for consistency of data input on a tierbased system
a. Users will be rewarded for opting in to list their DPHR on the Marketplace
b. Users will be rewarded for selling their data (granting permission for data access)
c. Users will be rewarded for maintaining good health
d. Users will be rewarded for recruiting new users using a special code
e. Users receive staking interest as a reward
