SUBBIT: Making the subscription market in the reach of many

Along with the new emerging technologies, another payment method and market has actually emerged that paved a much better way for businesses to get a better chance of gaining more customers, as well as customers getting the most of what they have paid for. Such market is called the Subscription market. This type of market is evident in today’s time where famous digital outlets are offering it such as media outlets like Netflix, Spotify, Pandora and many others.

In an ordinary day, most of us are actually customers of such subscription businesses. But as evident as it is, such type of market remained enclosed to the circle of huge companies, leaving lesser room and a difficult entry for startups as well as the Small-Medium Enterprises (SMEs) in general.

There are various benefits when a business starts to get themselves involved in the subscription market. However, if such benefits remain beneficial to big players, small-scale businesses will never get the chance to match their pace. And this is what SUBBIT is all about, envisioning a world where the subscription market is in the reach of even the smallest and most ordinary business a local or person is patronizing in a regular basis.

SUBBIT is bridging the gap between businesses and customers by bringing the subscription method in the scene. SUBBIT is another type of payment method where businesses can offer their customers to utilize their service or products and pay on a monthly basis. Customers in this type of market can actually make the most of what they have paid for in accordance to the limits and inclusions of their subscribed package or entity.

SUBBIT’s platform can convert any type of product or services offered by a business into a subscription package with no restrictions of whether a business is a startup or have built enough foundation to the industry. What the team behind SUBBIT envisions is to feed experience-hungry consumers who prefer access more than ownership. The subscription market is slowly getting more and more popular in this generation thus the team wanted to make this accessible to all kinds of businesses who wish to build their presence more.

Rather than paying by cash or card, customers can now choose to subscribe on their favorite stores or service provider and gain access to them while paying in a regular period. With SUBBIT, businesses can now provide such financial freedom to all their customers.

SUBBIT and the Blockchain

The team behind SUBBIT made use of the prowess of Blockchain to incentivize the community through cash-back rewards. Through SUBBIT’s utility token, SBT token, users can gain access to limited subscription packages from their favorite stores and service providers.

Through the utilization of smart contracts, slow transactions can now be addressed as well as an ease of payment collection will be experienced by the users. Smart contracts will contain all the necessary information and terms included in a subscription package, which will be carried out automatically. This will give users an instant transaction experience.

To whom can SUBBIT play a role?

Aside from introducing a seamless access to the subscription market for the SMEs, SUBBIT can also bridge the gap for the charities and NGOs. For those who wish to share to the community and provide assistance but are afraid to do so for not having been able to find a solid platform, SUBBIT can be the key to solve such uncertainties.

Charities listed on the SUBBIT platform will now be easily and readily accessible to the SUBBIT community who wish to contribute. A charity or organization will have to go through a single on-boarding process first. They will then receive their own SUBBIT QR code which will be given and accessible to users who wish to contribute via the SUBBIT app.

Social Influencers can also make use of SUBBIT as mean of payment collection for their clients. A QR code will again be given by the influencer to their clients for them to get subscribed by their service. SUBBIT’s Subscriptions Partnership Network (SSPN) can allow influencer to incentivize their followers in exchange of their patronage. This in return, will increase the value and profit of a influencer.

To further actualize the team’s vision, SUBBIT will also be accessible to the national and global chains – including your favorite bakery in the corner of your house’s street.

How to get started

A user will first have to download the SUBBIT app and choose among a wide variety of payment methods SUBBIT offers such as through Apple Pay, Paypal, Stripe, Card and Cryptocurrencies. After choosing a preferred payment method, now is the time to look for an exciting package within SUBBIT’s subscription package marketplace.

The SUBBIT ecosystem also boasts the SUBBIT Code Scan where scanning a unique QR code of a subscription provider can easily subscribe a user in an instant. The SUBBIT App can also be turned into an Eletronic POS (EPOS) where users can easily track subscription usage at a vendor’s touchpoint. The app itself also caters in-app messaging that will allow easy communication between a client and a vendor.

SUBBIT Tokenomics

Token: SBT Token
Total token supply: 12.4 Billion SBT / 20 Billion SBT
Platform: ERC 20 ETH
Token price: 80,000 SBT =1 ETH

To get the latest updates on this ICO, visit their official social media pages and view their website and whitepaper.

Website: https://www.subbit.io/
Whitepaper: https://www.subbit.io/wp-content/uploads/2018/07/subbit-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4631809.msg41865068#msg41865068
Twitter: https://twitter.com/gosubbit
Facebook: https://www.facebook.com/gosubbit/
Telegram: https://t.me/subbitico/
Instagram: https://www.instagram.com/gosubbit/
Medium: https://medium.com/subbit
Reddit: https://www.reddit.com/r/SubbitHQ/
Youtube: https://www.youtube.com/channel/UCj40kogX5zDbokHvMX9AMwQ?view_as=subscriber
LinkedIn: https://www.linkedin.com/company/subbit/
Author: Hypervira
Author Link: https://bitcointalk.org/index.php?action=profile;u=1419911