MB8 COIN-The World First Cryptocurrency to be Accepted by Vendors.
MB8 Coin is a cryptocurrency issued by Multibuy Company that srves as fuel in loyalty programs run by Multibuy Company. By using MB8 Coin, Users can pay for a variety fo purposes such as buying goods, travel tickets or hotels and others at various vendors or retailers around the wor4ld integrated within the multibuy company network, and users will benefit from every MB8 coin they spend.
Overview of Eurocredit Plus Loyalty Rewards Token
Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support is labour intensive, logistically difficult and open to fraud or abuse of the system.
Why are we changing from Eurocredit Plus?
Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.
Why is MB8 Coin different?
MB8 Coin will be used as the ‘fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses.
A Blockchain based solution
This will allow us to streamline the scaling process and save on running costs. After deeper investigation and consultation, the additional benefits of switching to a cryptocurrency based reward token are:
- Through participation in securing the network you can be rewarded 5% annual growth, in the form of additional tokens.
- MB8 tokens are distributed via an ICO to the public, new and existing business partners.
- Inability to fraudulently issue or create additional MB8 rewards tokens.
- Borderless and immediate transactions, perfect suited to the modern global market.
- Utilisation of the MB8 token via peer to peer gifting and trading on crypto exchanges will allow true price discovery to take place.
- Attract new customers to utilise the rewards platform, as well as bringing many new vendors, businesses and holiday locations to the rewards network.
RoadMap
MB8 Coin in One Eye
Name- MB8
CoinTicker- MB8
Algorithm- X13
Type- Proof of Stake (POS)
Class- Utility Token
Segwit Ready
Main Distribution –Via ICO
All unsold coins will be burnt
Key Fact
- MB8 Coin decentralizes, makes and gives a limited measure of usable tokens inside Multibuys modernized prizes framework.
- Multibuy have banded together with 2100 organizations and is proceeding to develop quick.
- This change will make Multibuy the most generally circulated, various and present day reliability rewards framework.
- This will pull in business accomplices, financial specialists, examiners and esteemed new clients.
For More Information Visit :
Website: http://mb8coin.io/
Whitpapper: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf
Ann: https://bitcointalk.org/index.php?topic=3623567
GitHub: http://github.com/MB8Coin
Twitter: http://twitter.com/MB8Coin
Facebook: http://fb.me/MB8Coin
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Profile URL- https://bitcointalk.org/index.php?action=profile;u=1130623
ETH Address-0xA146d155599533c2C8B86ee68472f3642648cd53