Rebellious Token – A Community driven token distribution process
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Blockchain technology has revolutionized the way we see government currency monopolies. Currencies like Bitcoin and Ethereum have shown us that we don’t need to rely on central governing powers to transfer money around the globe, maintain financial privacy/security, and verify ownership.
The global financial system is changing and the role of cryptocurrencies within this system has long been filled with hopes, questions, and plenty of risks. However, it’s finally becoming clear that blockchain could be the heart of a wide variety of decentralized infrastructure, including everything from cloud databases and social media platforms to mesh networks and share economies.
Rebellious are seeking to reinvigorate the e-commerce market with new blockchain alternatives, make e-commerce transactions easier for the customer. Transactions will be easier and more efficient and are intended to be applied to e-commerce platforms like Prestashop, WooCommerce, Shopify, BigCommerce, and Magento.
Rebellious intends to create a true community in order to encourage mass adoption in the consumer market. Rebellious are not simply trying to undertake an ICO to sell tokens to investors, but are actually seeking to reward those members who will help build the community over time as part of the token distribution process. The true value of any coin will ultimately be realised by the size and the devotion of the community, rather than the number of passive investors who are just hoping to offload the coin for a profit.
I spent some time over the holidays reading through the Rebellious Whitepaper and was quite impressed with the way in which they are proposing to do their token distribution.
https://www.rebellious.io/rebellious-whitepaper/
Tokens will be distributed as follows:
• 250.000.000 tokens will be airdropped to the community.
• 50.000.000 tokens will be given as rewards to the community. Rewards will be given for completing specific tasks
that help Rebellious grow. These tasks will be curated by the Rebellious team and all community members have the
chance to earn more tokens as rewards. Rewards will be given out over 12 months until December 2018.
• 50.000.000 tokens will be used to pay external costs. Such as paying for exchange listings, external development,
exhibitions, etc. Any tokens left over by December 2018 will be funnelled into Rewards and redistributed among the
community.
• 26.200.000 tokens will be reserved for unexpected costs.
• Any tokens left over by December 2018 will be redistributed among the community in amounts of 2000 REBL.
• 19.800.000 tokens will be reserved for the Rebellious team. As a form of salary in the future.
From what I understand most of the Rebl coins have been distributed now as part of the airdrop. If you are interested in joining the Rebellious community the coin is trading on Bit-Z Exchange.
If you are interested in getting further information on this project please go to the following website
Source: Rebellious Whitepaper
It's a great project, really professional team and approach. Nice to see a legit project not dominated by greed and doing a money grab like most other ones that are starting up.
Rebellious is a project that's true to the egalitarian vision of cryptocurrencies.
@cryptojaxx - yes the egalitarian vision was one of stand things that attracted me to it too, so rare these days now.
Thanks for the tip. Will add this whitepaper to the reading list.
@buggedout - no problem, I like some of these community based coin projects. IOP is doing a distribution of Hydra coins too. Hydra will be one of the first hashgraph coins on the market.
I am long on this , i believe in the tech . Not being greedy but i expect it will give massive profits !