Flambu

Mobile-first sharing economy platform powered by Web3

When you need items to experience something new or achieve a physical task you can find them on Flambu. Share the things you own to generate extra income and borrow the things you need from others to save money. Flambu features a two token model for enhanced P2P renting of anything, with a decentralized trust and fast low-cost payments, also anyone can become a stakeholder.

The token economics in Flambu involves two tokens :

Flame (FLAM): FLAM is the native utility token of Flambu, with 3 main purposes: Loyalty: Incentivize participation in the network: Reward value-adding actions Insurance: Create and maintain robust trust and protection within P2P transactions with a locking mechanism that recompenses good transactional outcomes, and counter dishonest behavior
Governance: Everything about Flambu is governable, with the voting weight directly correlated to $FLAM staked for value-added services

Flambucks (FBX): FBX is a stable token pegged to $USD and backed by other stable tokens such as USDC and FLAM. FBX tokens are used for fast, cheap & secure P2P payments on the Flambu platform. Users of Flambu will see their FBX token balances in their local (or selected) fiat currencies