IDON Token Price
IDON Price Algorithm
To protect the Idoneus Economy from volatility and the constant changes associated with external economic shocks and exchange rates, and to avoid inflation of the value of the IDON Token, a series of rules have been established that are governed by a transparent and auditable algorithm.
The pricing algorithm for IDON is based on quantitative, verified data regarding real-world movements of value in and out of the Idoneus Ecosystem to calculate a transparent, predictable and auditable token price:
- Base Value - The algorithm has $10.00 as its constant base value. This ensures that the value of IDON will never fall below $10.00.
- Transaction Value - For every $200M in sales transactions on the Idoneus Platform, there is a $1.00 increase in the value of IDON. Once the total value of sales transactions reaches $1B, the IDON Price increase will be $0.50 for every $200M in sales transactions on the Idoneus Platform.
- Asset Value - For every $100M in asset value that is onboarded on the Idoneus Platform, there is a $1.00 increase in the value of IDON. Once the total asset value on the Idoneus Platform reaches $5B, the IDON Price increase will be $0.50 for every $200M in asset value that is onboarded on the Idoneus Platform.
IDON Price History (January 2021 - Today)
No Data Found
IDON Token Definition
IDON is a digital payment token (a.k.a. cryptocurrency) and the enabler of the Idoneus Economy. It is used to buy, sell, rent and otherwise experience luxury assets, goods and services available on the Idoneus Platform, as well as from any individual or company that accepts IDON as a means of payment.
Why use IDON Tokens?
Value Protection
IDON price value protected at a $10.00 minimum for public trading.
Multiply Options
Significantly increases the choices relative to existing holdings.
Devaluation Hedge
Swap fiat currency into IDON as a hedge to historic price devaluation.
Frictionless Trade
Skipping the middlemen and a full digital experience that is easy-to-use.
Transaction Speed
Transactions are executed on the best-established blockchain network.
Transaction Cost
Transactions are executed at a fraction of the costs of traditional finance.
Cash Independence
Little or no cash liquidity required to purchase high-value assets.
Price Advantage
Utilizing IDON can create savings of up to 10% on the original asset price.
Membership Programs*
Eligible participation for all Token Holders (*stay tuned).
How to Manage & Spend IDON Tokens?
Idoneus Platform
The Idoneus Platform is the central hub to access and interact within the Idoneus Economy, as well as to manage and spend IDON Tokens.
- Onboarding & Account Management that includes a comprehensive client due diligence process.
- Connecting & Whitelisting Crypto Wallets to receive / send / store IDON.
- Purchasing (larger amounts of) IDON directly from the source with USD, CHF, EUR, BTC or ETH.
- Make Payments in IDON to buy, rent or otherwise experience luxury assets.
- Trade Luxury Assets, Goods & Services, in exchange for IDON.
Public Asset Portfolio
The extraordinary public portfolio of assets in the Idoneus Economy is where Industry Partners and Asset Owners showcase their inventory, and is accessible to Token Holders to spend IDON on.
- Access to the Portfolio of high-end and high-value assets available in the Idoneus Economy.
- Asset Portfolio Inventory includes diamonds, real estate, fine art, yachts, fine jewelry, and more.
- Browse Luxury Items by category, price range and location.
- In-depth Details on each item in the portfolio.
- Send Inquiries for items of interest and initiate the purchase or rental process.
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Private Asset Portfolio
Dedicated, highly discrete and secure platform where we assist HNWI, UHNWI, family offices and private companies to move tangible wealth via a borderless economy.
- Private Marketplace. Private Marketplace for the world's most exclusive luxury assets.
- Restricted Access. Restricted to qualified individuals with proven financial capacity.
- Exclusive Assets. Fine art masterworks, unique gemstones, luxury estates & more.
- White Glove Service. Personal assistance for high-value asset trading.
- High-Value Assets. Minimum asset value varies depending on asset class.
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Personal Portfolio Service
If you have significant IDON, BTC, ETH, or FIAT holdings, and can’t find what you are looking for in our Public and Private Portfolios, explore our exclusive luxury assets search service.
- Diversification: Diversify and convert your digital assets into high-value tangible assets.
- Risk Mitigation: Mitigate the risk of value loss from holding large amounts of fiat or cryptocurrency.
- Personal Assistance: Providing personal assistance for enabling successful asset transactions.
- Personal Aspirations: Reach out and let us know your personal aspirations. We are experts at finding opportunities that suit our high-value clients.
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How to Buy, Sell, Store & Trade IDON on Third-Party Platforms?
IDON is currently not listed for trading on a public crypto exchange. They can only be traded over-the-counter (“OTC”) and on private marketplaces. Idoneus is developing partnerships with third-party platforms to expand the utilization of IDON, as well as providing additional avenues to buy, sell and trade IDON. As an ERC-20 token, IDON is supported on various Ethereum-compatible crypto wallets in order to receive, send and store IDON.
IDON on Crypto Wallets
You can receive, send and store IDON on any Ethereum-compatible wallet. We recommend you use one of the following wallet solutions:
- CyberWallet the wallet that is integrated with IDON and the Idoneus Platform.
- Hardware Wallets such as Ledger Nano (X and S) and Trezor.
- Mobile Wallets such as Trust Wallet, Coinbase Wallet, MyEtherWallet and MetaMask.
- Software Wallets such as MyEtherWallet and MetaMask.
- MultiSig Wallets such as Gnosis Safe.
CAUTION: Idoneus strongly recommends to take necessary security precautions to keep your IDON safe.
Want To Know More?
We are here to help. Our team is available to answer your questions. To inquire, please send us a message and let us know the nature of your inquiry.