faq

In short: A blockchain-enabled, mobile-first engagement platform connecting brands and consumers. PhunToken (PHTK) is an innovative cryptocurrency brought to you by Phunware (NASDAQ:PHUN).

Brands can now deploy a white-labeled loyalty and rewards ecosystem that leverages blockchain in order to engage with consumers and reward them for profitable behavior. Consumers are able to opt-in and engage with brands while maintaining full control over their digital identity AND data.

Consumers receive PhunToken in return for profitable behavior such as completing surveys, watching videos or checking into specific locations to participate in marketing campaigns.

Brands can customize user interfaces to rebrand PhunToken within their existing mobile applications to avoid changing consumer behavior and maintain brand awareness. Brands also receive direct, real-time access to deterministic and intent-based data for their target consumers and can reward the right consumers for their engagement.

Branded marketplaces will give consumers the ability to spend PhunToken on valuable goods, services and experiences.

Consumers will be encouraged to hold PhunToken as brands unlock more valuable tiers of rewards for consumers with an auditable record of engaging in profitable behavior.

You can find the WhitePaper here!

Yes, PhunToken is currently available on Uniswap and you can purchase it directly via buy.PhunToken.com

You can purchase PhunToken at buy.PhunToken.com with ethereum (eth), bitcoin (btc) or usd wire transfers. The minimum purchase amount is $100 usd.

Of course. Initially, think of it as a score keeping measure (as we grow, brands will be able to offer different rewards and opportunities based on the amount of PHTK you hold).
However, the unit of measure here (PHTK) is inherently valuable itself. Think of it like the picks and shovels brands will need to work the goldmine that is consumer data. These picks and shovels will let you access the features and functionality of our core platform that has been designed to help brands better engage with consumers in a more collaborative and personalized way. So the more brands realize this, the greater the potential demand. With a capped supply, value could increase if demand does as well but that's not our concern. We just want to build a decentralized ecosystem that puts consumers in control and fairly compensates them for engaging with brands and sharing their data. How people value what we're building is ultimately up to each stakeholder. What we can control is what it costs to access our platform using PHTK much like setting gas fees with ETH.
Now, as that ecosystem develops, another use could be redeeming your PHTK within a marketplace but that's a future roadmap item because it involves some regulatory hurdles like getting money transmitter licenses and registering with FinCEN.

PhunToken pricing and details are available at buy.PhunToken.com

10 billion PhunTokens will be issued.

We invite you to share your experiences with other members of our community on various channels:
💬 Join PhunToken Chat @PhunTokenChat
📢 Join PhunToken Announcements @PhunToken
👾 Join Discord: https://discord.gg/hhYP5FtrwD
💰 Buy PhunToken: https://buy.phuntoken.com/
🙋 Purchasing FAQs: https://bit.ly/3uSfiuE
📱 Download PhunWallet: https://PhunWallet.com
👨‍💻 For PhunWallet support, please email: [email protected]

KYC means know your customer. For compliance reasons, everyone purchasing PhunToken must complete kyc with our partner Onfido. If you are having trouble passing KYC, you can reach out to us and we can investigate further.

Yes.

This function is currently not yet available. As a publicly traded company, we are working to comply with all relevant regulations, but hope to activate this feature soon.

Contract Address: 0x1FEE5588cb1De19c70B6aD5399152D8C643FAe7b

NOTE: This is the contract address you need to enter in third-party crypto wallets to view and manage PhunToken. PhunWallet mobile apps have this address inside and do not require any additional information.

Apple App Link: https://apps.apple.com/us/app/phunwallet/id1499880114
Android App Link: https://play.google.com/store/apps/details?id=com.phunware.wallet&hl=en_US&gl=US

Please check if you are using the latest iOS version of PhunWallet by going to https://apps.apple.com/us/app/phunwallet/id1499880114 and see if you have an "Update" or "Open" button.

It could also be that you have ended up in a situation where a new wallet has been created for you, but you do not have a seed phrase yet. To return to your original wallet, you can delete and reinstall the app and then select the "I already have a wallet" option. The seed phrase you previously set up should still work and bring back the older wallet.

We send out account confirmation emails after you’ve created your PhunWallet accounts. If you have not received any emails, please reach out to [email protected] to request assistance.

You can email [email protected] for PhunWallet support or visit @PhunTokenChat for PhunWallet and PhunToken discussion.

That said, if you lost your seed phrase or wrote it down incorrectly, unfortunately there is nothing we can do. We do not have your seed phrase.

This function is currently not available from a regulatory point of view. As a publicly traded company, we are working to comply with all relevant regulations, but hope to activate this feature soon.

You need to register on buy.phuntoken.com and select a purchase amount. Then you will be told the ETH address to send the payment to and asked where you want to withdraw your PhunToken.

You can use PhunWallet or any other compatible, non-pledge wallet to receive your payout. You can pay from anywhere, including Binance. However, do not distribute your PHTK to Binance - you can only store PhunToken in your PhunWallet or other compatible wallets that allows management of custom tokens, like MetaMask.

Every 24 hours you can tap the button to earn additional bonus PhunTokens. The clock will count down until you can tap the button again. So it is worth sticking with it.

PhunCoin is a security token. It is a gold mine that allows consumers to control the data sold to brands and get compensated for it. PhunToken is a utility token designed to incentivize engagement.

You can earn PhunToken for answering surveys that tells a brand you're interested in buying a car. But, you could earn PhunCoin if a brand buys your data to serve you a personalized ad for a new car.

PhunToken is listed on Uniswap and LAToken with other exchanges such as Coinbase, Binance, and other Centralized Exchange (CEX) equivalents coming soon. PhunCoin will be traded on exchanges such as Securitize or Tzero, where they are securities.

No. PhunCoin is a security token and PhunToken is a utility token.

At the moment, it is ERC-20. Having our own blockchain is definitely a possibility for the future.

Why? ERC-20 is the only blockchain that can effectively support a regulated security token at this time.

As a publicly traded company, we have a much higher standard when it comes to ensuring that we comply with all national and international regulations. Ethereum is the best blockchain for ensuring compliance.

We will continue to explore potential solutions as we grow.

Since we are building for longterm and we're a public company, we're doing everything the right way. We're building the software and ecosystem first, rather than just selling tokens irresponsibly. So technically, we've already launched and you can get started earning PhunToken today by downloading PhunWallet on iOS or Android.

You can also purchase PhunToken at buy.phuntoken.com But if your question is when will PhunToken trade on defi or centralized exchanges, that's still TBD but we do expect defi would precede centralized. For all intents and purposes, those who purchase or earn now will likely be the ones that ultimately seed any future liquidity pools and just like hotel sites beat aggregators, buying through or portal will always be the best price.

The project is audited by Quantstamp. Quantstamp is used for verifying smart contracts on the decentralized QSP Security Protocol.

Users can buy automated scans of smart contracts with QSP, and validators can earn QSP for helping provide decentralized security scans on the network at protocol.quantstamp.com For more information about Quantstamp and the verification process, please see the following link: https://quantstamp.com/audits

The exact date has not yet been set. But definitely in the Q1 of 2022

We recommend you to use our official channels on Telegram. Regarding phunware, it is best to visit https://t.me/phunpham and regarding PhunToken or PhunWallet https://t.me/PhunTokenChat.

There you will also find our CEO Alan Knitowski, COO Randall Crowder and many others answering your PhunToken questions directly.