A Fida token is a modern version of a loyalty point but it has a number of additional benefits and characteristics.
1) They don’t expire
2) They can increase (and decrease) in value
3) They can be traded for other similar tokens
4) They can be transferred to others
The tokens that you have earned use a standard called ERC-20. In simple terms this means that your tokens can be traded for any other token that uses the same ERC-20 standard. You can learn more about ERC-20 tokens here
You can find a list of the top ERC-20 tokens here https://etherscan.io/tokens
Stablecoins are tokens where the price is designed to be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities. The idea is that the value of stablecoins don’t fluctuate unlike other tokens e.g. 1USDC = $1.
Yes provided those stablecoins are also ERC-20 tokens.
This can be done through your digital wallet. You need the wallet address of the person you want to send your tokens to. Never send any tokens to someone you don’t know and always check the wallet address in advance of any transfer.
You can see the current value of a Fida token here
Yes you can redeem tokens initially for tickets and then other goods and services.
Some tokens use Proof of Work (PoW) for every transaction that requires high energy consumption. Fida is using a different mechanism known as Proof of Stake (PoS) which doesn’t use high energy consumption. You can read more about PoW and PoS here.