MB8 Coin are going to be used because the ‘fuel’ for the prevailing loyalty rewards network. MB8 Coin are going to be the primary ever cryptocurrency that's discharged with a evidenced real-world use and can be accepted as half or whole payment at intervals the prevailing network of vendors and retailers. MB8 Coin is ready to become the backbone of the rewards network that has already been white labelled by over 2100 businesses.
Already evidenced and extremely thriving, the enlargement of our monetary unit credit and loyalty rewards system was a comprehensible chance to utilize the efficiencies that Blockchain technology brings. By commutation our historically “closed system rewards model” we have a tendency to aim to expand to several new markets, investment the innovation of this exciting area. This transition also will afford the platform to be greatly increased and swollen for the good thing about all participants. when the launch, our existing monetary unit credit and rewards platform can getting ready to new customers and be swapped for our cryptocurrency known as MB8 Coin.
Multibuy has been running their ancient loyalty rewards system since 2005. while extraordinarily thriving up to now, a standard rewards system will prove expensive to run and manage particularly once scaling the enlargement to a worldwide market. On such giant scales, the central distribution and support ar labor intensive, logistically troublesome and receptive fraud or abuse of the system.
Why did we have a tendency to prefer to run our own Blockchain?
We needed to feature security and transparency to our rewards system. Early tests incontestable this technology was the proper suitable replace our current technical answer. Developing our own chain permits U.S.A. management over the distribution, integration, support, and enlargement of the network.
- A Blockchain based solution
This will permit U.S.A. to contour the scaling method and save on running prices. when deeper investigation and consultation, the extra advantages of switch to a cryptocurrency primarily based reward token are:
- Through participation in securing the network, you'll be rewarded five-hitter annual growth, within the variety of further tokens.
- MB8 tokens ar distributed via AN ICO to the general public, new and existing business partners.
- Inability to fraudulently issue or produce further MB8 rewards tokens.
- Borderless and immediate transactions, absolutely suited to the trendy world market.
- The utilization of the MB8 token via peer to look gifting and commerce on crypto exchanges can permit true worth discovery to require place.
- Attract new customers to utilize the rewards platform, also as delivery several new vendors, businesses and vacation locations to the rewards network.
- Mobile App
Multibuy launched its 1st mobile app at the top of 2017 and plans to introduce new and improved options to permit customers to find and move with business partners acceptive MB8 Coin. connected to your pre-paid open-end credit, the app conjointly doubles up as a hosted MB8 Coin billfold that you'll use to send and receive your coins with retailers, people or crypto exchanges.
Coin Information
Name: MB8 Coin
Ticker: MB8
Algorithm: Neoscrypt
Type: Proof of Stake (POS)
Class: Utility Token
Segwit Ready
Main Distribution via ICO
All unsold coins will be burnt
Supply Details
Full supply of 1 Billion reached over a 12 Year period.
Coin supply increases by 5% per annum to reach this maximum.
Coins available via ICO: 550,000,000
Discount ratios: 5:1, 4:1, 3:1 and 2:1 released in stages.
Initial Value: 1 MB8Coin = 1 EURO
For more information im invite you to visit the following Links:
Website: http://mb8coin.io/
Whitpapper: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf
Ann: https://bitcointalk.org/index.php?topic=3623567
GitHub : http://github.com/MB8Coin
Twitter: http://twitter.com/MB8Coin
Facebook: http://fb.me/MB8Coin
author : anov996
bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1315225