What is US Token?
When you ride with Forus Taxi or purchase other services from the Forus platform worth 100 euros, you redeem one US Token. You can find an overview of the tokens in the Forus Taxi app, where we continuously add different opportunities for developing and improving services and the opportunity for you to have a say in how we do it. Your thoughts and opinions as an owner are more important and impactful to us than just the opinions of other consumers.
We believe that the business model, where millions consume and contribute to the success of only a small group of owners, is changing.
What value does the US Token create?
Why collect US Tokens?
The value of the US Token grows hand in hand with the company
We welcome ideas from all co-owners regarding the services they want to use or develop on the platform
Every owner has a direct channel for feedback in the app
We implement the owners’ wishes for new functionalities and solutions
To acquire a stake, follow these steps:
Collecting Tokens
Forus clients and partners have automatically been accumulating tokens in their account since April 11, 2022. By using the services of Forus Taxi for a value of 100 EUR, you redeem 1 US Token. You can see the accumulated tokens in the Forus Taxi app, where you will also find a question asking if you want to continue collecting tokens in the future.
You have two choices:
- By answering “YES,” you continue to collect tokens and can see their amount in real-time in the same app.
- By answering “NO,” all previously collected tokens will be deleted from your account, and we will not show them to you until you express a desire to join our token program again.
Opening a Token Account
During the collection of tokens, you do not have to be personally identified yet, as the collection is based on the person’s email address or phone number.
You can use the rights derived from the US Token to obtain a share or trade tokens once you are registered as a token owner in our official registrar KOOS’s environment. To open a token account, you need to log into KOOS’s environment and undergo the identification process. You can open an account at your convenience, but no later than 30.06.2027 at 23:59 EET. If you do not wish to use the right to exchange tokens for a share yourself, you can designate a so-called beneficiary, i.e., a person who can obtain the company’s share on your behalf with the tokens you have collected.
There may be restrictions set in the US Token terms and/or KOOS’s environment on who can open a token account. These restrictions may also change over time. You can learn more about KOOS on their website.
Trading Tokens
You can buy, sell, and exchange the collected US Tokens within the community of all other US Token owners. To transfer your tokens to another person, the transferrer must have at least 1 US Token, and the buyer at least 1 US Token. Tokens can be transferred and received only after both sides have created an account with our registrar koos.io. Transferring is very simple. Open the US Token view in the Forus Taxi app, click on “Transfer US Token,” fill in the required fields, and you can transfer the US Tokens. Our solution currently does not support the making of agreements between parties, but in the future, we will also create this functionality.
Acquiring a Stake
You can acquire a stake if you have collected tokens and opened a token account in KOOS’s environment by no later than 30.06.2027 at 23:59 EET, and have made the corresponding application and other necessary actions. The stake will be formalized by no later than 30.11.2027.
Thoughts of the Owners’ Circle
“When it comes to taxi rides, I want to arrive affordably, safely, and comfortably. When Forus started giving away US Tokens, I began to see this everyday service differently. As I collect tokens, then maybe in the future I will get value back with every ride, which makes this service much more beneficial for me. An an owner myself, I emphasize and try to improve safety and comfort by giving direct and important feedback.”
Mai
“I have worked in quite a few places in my life, but things are different at Forus. The fact that I can directly guide the development of the platform and pass on my ideas without intermediaries is invaluable to me. US Tokens make me a real owner, because if I see a problem or come up with a better solution, I immediately report it.”
Viljar
“Working in Forus Taxi, I am not just a taxi driver, but I can also contribute to the development of the platform and share ideas, and I am really being listened to. Every ride made on the platform earns me US Tokens, which make me a co-owner on the platform. I also believe that the collected tokens will be even more valuable for me in the future.”
Serhii
“The opportunity to collect US Tokens while riding with Forus Taxi is for me like a Cinderella fairy tale. I constantly have to balance between two important roles – entrepreneur-leader and mother-wife. Both worlds are very different, which requires a lot of energy and ingenuity. In this light, the Forus Taxi US Token program is a complete breakthrough. I don’t have to exert myself. I just do what I do every day anyway – move around lot to handle my daily tasks. I manage my life as I am used to, but at the same time, I am rewarded with Forus Taxi US Tokens. Isn’t that like a fairy tale?”
Olga
“When it comes to taxi rides, I want to arrive affordably, safely, and comfortably. When Forus started giving away US Tokens, I began to see this everyday service differently. As I collect tokens, then maybe in the future I will get value back with every ride, which makes this service much more beneficial for me. An an owner myself, I emphasize and try to improve safety and comfort by giving direct and important feedback.”
Mai
“I have worked in quite a few places in my life, but things are different at Forus. The fact that I can directly guide the development of the platform and pass on my ideas without intermediaries is invaluable to me. US Tokens make me a real owner, because if I see a problem or come up with a better solution, I immediately report it.”
Viljar
“Working in Forus Taxi, I am not just a taxi driver, but I can also contribute to the development of the platform and share ideas, and I am really being listened to. Every ride made on the platform earns me US Tokens, which make me a co-owner on the platform. I also believe that the collected tokens will be even more valuable for me in the future.”
Serhii
“The opportunity to collect US Tokens while riding with Forus Taxi is for me like a Cinderella fairy tale. I constantly have to balance between two important roles – entrepreneur-leader and mother-wife. Both worlds are very different, which requires a lot of energy and ingenuity. In this light, the Forus Taxi US Token program is a complete breakthrough. I don’t have to exert myself. I just do what I do every day anyway – move around lot to handle my daily tasks. I manage my life as I am used to, but at the same time, I am rewarded with Forus Taxi US Tokens. Isn’t that like a fairy tale?”
Olga
frequently asked questions
How can I transfer my tokens?
- To transfer your tokens to another person, the transferrer must have at least 1 US Token, and the buyer at least 1 US Token.
- Tokens can only be transferred and received after creating an account with our registrar at koos.io. (see how to create an account here)
- Open the US Token view in the Forus Taxi app and press ““Transfer US Token” “.
- Fill in all the required fields.
- Press the “Transfer” button, enter the verification code sent to you, and the transfer is done.
How do I register an account in the koos.io environment?
On the Koos.io lpage, you can register an account if you have started collecting US Tokens and have actually collected them.
- Go to koos.io jand log in with your phone number. Use the same number with which you registered on the Forus Taxi app, as tokens are collected on the mobile number used in the app.
- Enter the confirmation code sent to your phone via message on the site. Then accept the terms of use of the environment.
- Next, click on “Complete your profile” and correctly enter all the data requested from you.
- Once you have entered the data, accept the token terms twice again and then you are a US Token owner. Welcome to the circle of owners!
How many US Tokens are issued in total?
Over 5 years, we will issue a total of 30 million US Tokens, which corresponds to a 30% stake in the company Forus International OÜ.
Am I obligated to collect tokens?
No. You can easily opt-out of collecting via the Forus Taxi app if you wish. However, you can also start collecting again in the app whenever you wish.
Am I obligated to exchange the collected tokens for a share?
No. Exchanging tokens for a share requires the token owner to sign a Token Rights and Redemption Agreement with Urmas Sõõrumaa, which can be found in the KOOS environment under the token owner’s account.
What should I do if I want to opt out of collecting tokens?
You can exit the US Token program at any time and relinquish or sell your tokens to other members of the US Token community through our registrar KOOS’s trading platform.
Do I incur financial risks or obligations by participating in the program?
No. You collect tokens to your customer account to the extent of 1% of your service consumption. Tokens do not create any financial obligations or risks for you.
How, as a US token collector, can I contribute to the development of the Forus Platform?
Sending feedback and ideas is very easy:
- Open the Forus app.
- Select “US Token” from the menu.
- From the token page, click the “Share your ideas” button.
- Send your thoughts and ideas