Giftz™ Releases itCoin® Black ERC 20, Compatible With Any Standard Ethereum Wallet
What is the Giftz™ Network
"I do not believe that any merchants' loyalty program will remain competitive if they do not tokenize their rewards and allow the customer to take physical possession of the points they've earned. Those merchants who have the foresight to tokenize their rewards points will be leaders in their verticals", recently stated John Paukulis, Founder of Giftz™. With the purpose of providing loyalty rewards on the blockchain, Giftz was created as a network that includes for the first time in history the following components - a digital wallet, crypto-points and points exchange. In a nutshell, its idea is to sell blockchain based crypto points like airlines sell miles; moreover, any business can buy them.
Just one of the things that makes Giftz™ unique is the cryptocurrency rewards tokens called itCoin®Black, itCoin®Gold & itCoin®Silver. Every single type of coin has different, particular redemption controls and values within the ecosystem. Let us see how these things look, especially from the buyer's point of view.
The itCoin® Black Token Sale - useful info and updates
Out of the three tokens we just mentioned, the most valuable one is the exclusive itCoin®Black which is available during a public token sale, at giftz.io, starting with Nov 24, 2017. It will be open for approximately 90 days.
50,000,000 Tokens will be made available in total, of which 38,000,000 will be held by The Giftz™ Network used for maintaining itCoin® Black liquidity pools and future merchant sales.
How can the itCoin® Black reward token be acquired
The Giftz™ Network is selling itCoin® Black tokens that will be launched on the Ethereum Network (ERC 20). This type of token can be bought not only by traders but also by merchants and shoppers. Users will get the itCoin® Black right after the network has confirmed the transfer of ETH and will be able to access it within minutes. However, users will only be able to see the itCoin® Black in their Ethereum wallet at this time. After the purchase, the tokens may be transferred to the Giftz™ Network Wallet (viewable from your Waulit™ App) - this has to be done manually.
The smallest sum of BTC or ETH accepted during sales of itCoin® Black is USD 30.00. Please remember, that since itCoin® Black is an ERC 20 compatible token; transfers will be subject to standard gas/fees.
More about the itCoin® Black ecosystem usage
From a consumer point of view
Using the personal wallet app created by Giftz (free to download from iTunes App Store or Google Play, under the Waulit name), members of the network will have to generate unique codes (points). This itCoin points will be then converted and free to cash or use.
From the merchant point of view
Business owners are permitted to hold, trade or use the itCoin Black to generate codes (the points we mentioned before) - however, merchants will not be allowed to offer rewards to their customers until 2018 (when the platform is fully operational).
Visit https://www.giftz.io to join the pilot program, find out more the itCoin Black and take part in the token sale!
A loyalty program that is based on a block chain is the future. Giftz this is a solution for loyalty tokens that have a premium price and can be used not only by rich people.
This is also an excellent solution for the properties that can use coins Giftz presenting them for participation on your site and getting traffic. This solution is not only for businesses, but also for consumers who use the card Giftz. They can use itCoin to earn, trade or buy their card replenishment.
There are 3 tokens (itCoin®Black, itCoin®Gold & itCoin®Silver.) And each of them has its own value and redemption rules.
U Giftz also has its own application, a purse that is presented on the most popular platforms of smartphones (Android and Apple). Network members create unique points that will subsequently be converted and free for use.
For me this is an innovative system and it is of great interest.
To learn the details and join the pilot program you need to visit the site. This will give answers to all your questions.
Thank you
I love the name, just to use the sentence "want me to send you giftz?" sounds very catchy. I admit that im having too many wallets at the momment, but doing it now gives a code for eventual free cash...I like! Thanks
You need to visit this project!
Great project sir
I will read the white paper for this
thank you for sharing it with us
looks good project , i will do some more research,, thanx mate
Sure to win the heart of customers Companies need to participate and loyalty to survive, and these can be greatly increased with a program such as Miles, Starbucks or Rewards GIFTZ network stars bring the strength of the encryption currency to the business system is coming to change it to good. Its symbol, ITC (coming in silver, gold and black), aims to give companies the ability to reward their consumer base freely and with iron security
Yet another excellent introduction. I'm learning something new and I try to read your writings. I have not regretted it so far. I know you will continue like this. Thanks for sharing. @danizaharie
Will look in this project for sure, Seeing forward to it , thanks man :)
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those who regularly visit your blog should be well acquainted with such an excellent loyalty program called Giftz This is the newest loyalty program which is unique due to 3 types of tokens. Each of these tokens has its own characteristics.
Giftz created in this way (based on the block chain) that would provide loyalty and possess the following components: crypto points, point exchange and a digital wallet.
For example, the existing Luxury Black Coin Program will serve shopping centers, private airplanes, car rental programs, hotels, theaters, key incentive programs for employees, shops, hotel chains and much more. This indicates a great integration and serious work, which develops a loyalty program.
In my subjective view, the loyalty program Giftz this is something that deserves attention and long-term perspectives will be beneficial for investors and users.