If you use 100 euros worth of Forus servides, 1 US Token is issued to you. You’ll find overview of the tokens in the Forus Taxi app and in the same app we will add different possibilities where you can pitch in of improving, creating and developing new and old services. You feedback as a owner matters to us and we want to hear it, because your view as a owner to Forus is different than regular user’s one. We believe that business model where millions of people use services in order to earn money for small circle of owners is ending.
Why could you collect tokens?
- You can get a share of the company services you use daily
- From April 1. 2023, buying and selling tokens will be available for all registered community users
- For every 100 euros spent on the platform services, the user receives 1 US Token, and the token’s value grows along with the company’s value
- By collecting tokens, it becomes possible to influence the development and success of the company. Open the app and send us your ideas right now.
- In 2027, it will be possible to exchange tokens for shares in Forus International.
What is a US Token?
US Token is a right to acquire a share of the enterprise for free. US Tokens can be collected by using the services of the Forus Taxi platform. We will calculate 1 % of each order in tokens and add these to your tokens account in the Forus Taxi app. For example, if you take Forus Taxi rides for €100, you will collect 1 US Token to your account. The tokens are like bonuses that you collect by using a service, but unlike usual bonuses US Token cannot be used for getting a discount or benefits for using a service. US Tokens can be exchanged for shares of the company in 2027.
Take the following steps to acquire shares
You have been collecting tokens by using the Forus Taxi services since April 11, 2022. You can see the tokens collected on your account in the Forus Taxi app and there you will also see the question if you would like to continue collecting tokens.
You will have two choices:
- Answer YES to continue collecting tokens for using the services and to see their amount in real time in the same app.
- Answer NO and the collected tokens will be erased from your account and we will not show them to you until you express a wish to rejoin the token programme.
OPEN TOKEN ACCOUNT
There is no need to be personally identified while you are collecting tokens, because the collection will be done on the basis of the person’s e-mail address or phone number.
You can use the rights arising from US Tokens to acquire a shareholding or trade with tokens after you have been registered as a token owner in the KOOS environment of our official register holder. To open a token account you would need to log in to the KOOS environment and go through the identification process. You can open the account at your convenience, but no later than on June 30, 2027 at 23:59 EET. In case you do not personally wish to use the right to exchange the tokens to shares you can assign a so-called beneficiary — a person who will get the shareholding in the company for your tokens instead of you.
NOTE! US Token terms and/or KOOS environment may have set restrictions on the persons who are allowed to open a token account. These restrictions may change in time.
You can explore KOOS at their website.
TRADING WITH TOKENS
You can buy, sell and exchange your collected US Tokens with any other owners of US Tokens within the community starting from April 1, 2023.
In order to sell tokens the seller should have at least 1 token and the buyer should have at least 10 tokens.
You can acquire shares when you have been collecting tokens and opened your token account in the KOOS environment at the latest by June 30, 2027 at 23:59 EET, and you have submitted the required application and completed other necessary steps. The shareholding will be registered no later than on Nov. 30, 2027.
Frequently asked questions
How do I register an account in the koos.io environment?
- Use koos.io to register your personal account if you have confirmed to collect US Tokens and have already actually collected them.
- Go to koos.io and log in with your phone number. Use the same number with which you registered the Forus Taxi app, because tokens are reserved for the mobile number you use in the app.
- Enter the confirmation code on the page, which will be sent to your phone as a message. Then accept the terms of the use for the environment.
- Next, press the “Complete your profile” button and correctly enter all the personal information that is required.
- Once you have entered the data, accept the token conditions twice and then you immediately become the owner of US Tokens. Welcome to the owner’s community!
How many US Tokens will be issued in all?
In 5 years we will issue the total of 30 million US Tokens that equals to 30 % shareholding in Forus International OÜ.
Do I have to collect tokens?
No, you do not. You can easily stop collecting them through the Forus Taxi app. There you can also restart collecting tokens, if you wish.
Do I have to exchange the collected tokens for a shareholding?
No, you don’t have to. In order to exchange tokens for shares you are required to sign a Token Rights Agreement with Urmas Sõõrumaa. You can find the agreement under the token owner’s account in the KOOS environment.
What should I do if I wish to stop collecting tokens?
You can always leave the US Token programme and transfer or sell your tokens to other members of the US Token community through the KOOS trading platform of our registration holder.
Will the participation in the programme create any financial burdens or risks for me?
No. By using the service you will collect 1 % in tokens to your customer account. The tokens will create no financial burdens or risks for you.
How can I make input into the development of the Forus platform success by collecting tokens?
Send us feedback and ideas. It is easy!
- Open the Forus app
- Select US Token page from the menu
- On the US Token page, click the “Share your ideas” button
- Submit your thoughts and ideas