VOID - 1st Proof Of Purchase Ethereum Token

in #cryptocurrency6 years ago (edited)

voidsplash.png

VOID faces adoption issues regarding cryptocurrencies with optimistic and assertive solutions. We base our entire principles on functionality and proven concepts. Bringing proof of purchase to the blockchain as a mining mechanism is both innovative and highly practical in the same sense as saving cash or accumulating coupons is in real life and with real goods.
However, we bring an extra factor to it: speculation and store of value. Spending crypto will never be the same again, since VOID pays you to do it.
Built initially with smart contracts on the Ethereum blockchain, VOID aims to incentivize adopters to use their cryptocurrency funds as a payment method and not as store of value. By rewarding users with newly minted low-supply VOID tokens as other crypto gets spent, our goal is to target mainstream adoption by using this proof of purchase reward system. VOID tokens are generated at a proportionate rate as ETH, BTC or other cryptocurrency is spent.
Cryptocurrencies have a serious problem: they are not used as currency. By using a proof of purchase reward system we intend to “force” merchants into accepting all crypto: the adopter spends to mine a cashback and the merchant receives a reward transfer fee instead of paying it.
New cryptocurrencies are introduced almost daily. Some find utility use, but many are abandoned after their novelty phase wears off. Instead of commiting to build a cryptocurrency with longevity that is viable to be used as an actual currency, we commit to introduce a proper solution to the existing crypto currencies and simultaneously a more valid replacement as store of value: a low-supply, high-demand VOID token.
Bridging the gap between commerce and the crypto-space is essential for the mainstream adoption of cryptocurrency. VOID takes the following approach to achieving this goal:

Address spending with cashback rewards;

Incentivize merchants with cutting fees;

Facilitate a new store of value;

Integrate automatic savings & investments.

Sort:  

For future viewers: price of bitcoin at the moment of posting is 9786.10USD

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 64377.96
ETH 3500.45
USDT 1.00
SBD 2.52