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FAB is a native token of the open-source blockchain-based social network FABRK.
Users own their data and receive FAB tokens for creating and consuming content, interacting with various brands and other common online activities. Developers will have access to the FABRK shared data repository for users, which allows them to create an ecosystem of third-party social products based on the protocol.
The FABRK protocol can be seen as a data brokerage that facilitates transactions directly between users and the social products that they use. FABRK allows its users to sell their own data, create and sell content, as well as receive payment for viewing advertisements and participating in other activities.
FAB Tokens are a medium of exchange for offsetting data processing and maintenance costs associated with content consumption. Also, tokens serve to compensate for the production of blocks, interaction with paid applications or services or subscriptions.