MB8 - Real-world cryptocurrency with retail outlets ready to receive

dakokjuju (26)in #blockchain • 6 years ago

http://mb8coin.io/ | JST Thread | White book | GitHub

About

MB8 Coin will be used as 'fuel' for the existing loyalty gift network. MB8 Coin will be the first cryptocurrency to be released with proven real-world usage and will be accepted as part or all payment in the existing vendor and retailer network. MB8 Coin is set to become the backbone of the gift network that has been labeled white by more than 2,100 businesses.
Already proven and very successful, our Euro Plus credit loyalty reward system expansion is a real opportunity to take advantage of the efficiency brought by Blockchain technology. By replacing traditional "closed system reward models" we aim to expand into many new markets, utilizing this exciting space innovation. This transition will also enable the platform to be further enhanced and expanded for the benefit of all participants. After the launch, the Euro Plus credit bonus platform will approach new customers and be exchanged with a cryptocurrency called MB8 Coin.
Multibuy has been running their traditional loyalty reward system since 2005. Although it has been very successful to date, traditional reward systems can prove expensive to run and manage especially when climbing into the global market. In such a large scale, central distribution and support is labor intensive, logistically difficult and open to fraud or abuse of the system.

Why did we choose to run our own Blockchain?

We want to add security and transparency to our gift system. Initial tests indicate this technology is very suitable to replace our current technical solutions. Developing our own chains allows us to control the distribution, integration, support and expansion of networks.

Blockchain based solution

This will allow us to streamline the scaling process and save operational costs. After deeper investigation and consultation, the added benefit of switching to a cryptocurrency based gift token is:

Through participation in securing networks, you can earn 5% annual growth, in the form of additional tokens.
The MB8 Token is distributed through the ICO to the public, new and existing business partners.
Inability to cheat to issue or make additional MB8 gift tokens.
Unlimited and direct transactions, very suitable for modern global markets.
The use of MB8 tokens through peer to peer gifting and trading on crypto exchanges will allow actual price discovery to occur.
Pull new customers to take advantage of the prize platform, and bring many new vendors, businesses and vacation locations to the gift network.

Cellular Application

Multibuy launched its first mobile application at the end of 2017 and plans to introduce new and better features to enable customers to find and interact with business partners who receive MB8 Coin. Linked to your prepaid debit card, this application also doubles as a hosted MB8 Coin Purse that you can use to send and receive your coins with retailers, individuals or crypto exchanges.

How infrastructure changes

Coin MB8 parameter

Terms of Selling Tokens:

Coin Details
Name: MB8 Coin
Ticker:
MB8 algorithm:
Type X13: Stake Proof (POS)
Class: Utility Token
Segwit Ready
Main Distribution via ICO
All unsold coins will be burned