🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 110.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: kraterion on October 10, 2017, 02:50:37 PM

It's just me or devs are not very active here lately? They are active on telegram, maybe I will ask those questions about SSL blockchain and how they will issue merchant tokens there Embarrassed

Devs are indeed more active on Telegam then here on BTCT.
Maybe they should transfer a dev from Telegram to BTCT. Its a very active thread with a lot of question. Investors would like an active dev on a BTCT tread.

Hope someone can answer some questions from the community.
Keep it up!

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: matjas on October 10, 2017, 02:12:54 PM

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

But why would that have to be GAT problem? They give them opportunity to use their platform and take care of their own token, if it would come to the situation that you described, it would be merchant fault for not regulating their token good enough and probably the result of greed.

These merchants are Gatcoin's clients, so I think they have to make the process of token creation/change/destruction more or less foolproof for the merchants and offer adequate support.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

It's just me or devs are not very active here lately? They are active on telegram, maybe I will ask those questions about SSL blockchain and how they will issue merchant tokens there Embarrassed

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: bitcoinbulk on October 10, 2017, 02:27:37 PM

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

I feel like that is the real secret sauce of GAT. How easily can merchants run their own tokens. It needs to be easily enough that little shop owners can create their own without technical knowledge, but the platform still needs all of the functionality.

I am also curious how the interface for a merchant could look like when he wants to create a token. Will it be user-friendly and easy to use? A hint from the devs would be nice about how their plans are, regarding this. But I guess we will have to wait some time till they can show us how it will work.

Trrrt

full member

Activity: 448

Merit: 107

Yes the really great features of gatcoin will be the simplicity to use the platform for merchant and the flexibility. Its really important for that kind of market, where no crypto users will have to start using it, simplicity will really help.

bitcoinbulk

full member

Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

I feel like that is the real secret sauce of GAT. How easily can merchants run their own tokens. It needs to be easily enough that little shop owners can create their own without technical knowledge, but the platform still needs all of the functionality.

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: Heimer on October 10, 2017, 02:15:22 PM

Quote from: kraterion on October 10, 2017, 01:58:01 PM

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

I agree with you man, I'm also interested in those techical things. But maybe they will not share with that user interface, you talk about the interface between merchants themselves and GAT, right?

We just need to wait couple more months. Everything will be clear when whole platform will be finished

you are right we will know exactly only when all the jobs at the platform will be finish and a stable version will be released...

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: the_donald on October 10, 2017, 01:44:33 PM

Quote from: mirx on October 10, 2017, 01:28:37 PM

Quote from: khufuking on October 10, 2017, 08:47:05 AM

The token will start from there but it will not stop , In the whitepaper there is a whole part on how the token will expand they even mentioned the cities on which they are planing expand . 2018 ( Shanghai, Beijing, Shenzhen,Tokyo, Seoul, Singapore, San Francisco ) , 2019 ( Los Angeles, New York,London, Berlin, Stockholm, Paris ) , 2020 (Moscow, Sao Paulo, Milan, Dubai, Jakarta, Manila, Bangalore, Sydney ) . So basically they are planning to expand in most of major cities .

Hope they will succeed. The business model is good, ICO funds will fuel the expansion, innovaions will attract early adopters.

I'm gonna keep my eye on this and see how the early partnerships evolve. if everything goes good I expect a large ROI.

This list of cities from all around the world looks really impressive. If they manage to stick to that schedule, it will be huge! Who knows, maybe they are already in the discussion of more partnerships and can announce a new one even before the ICO starts.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: kraterion on October 10, 2017, 01:58:01 PM

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

I agree with you man, I'm also interested in those techical things. But maybe they will not share with that user interface, you talk about the interface between merchants themselves and GAT, right?

We just need to wait couple more months. Everything will be clear when whole platform will be finished

matjas

full member

Activity: 798

Merit: 115

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

But why would that have to be GAT problem? They give them opportunity to use their platform and take care of their own token, if it would come to the situation that you described, it would be merchant fault for not regulating their token good enough and probably the result of greed.

haxllega

full member

Activity: 392

Merit: 100

Quote from: matjas on October 10, 2017, 01:31:41 PM

Quote from: khufuking on October 10, 2017, 08:47:05 AM

Quote from: magisterr on October 10, 2017, 08:16:06 AM

Quote

GAT digital tokens are planned to be used in SKPJ’s retail gift voucher program, COTOCO. GAT tokens for COTOCO will cover 21 major international and local brands with a network of over 30,000 retail stores, 80,000 restaurants and 60,000 beauty outlets. The brands cover household names in the fast food restaurant, beverage, confectionary, beauty and convenience store businesses.

Can anyone explaine me, in which countries this tokens will be avaliable? As I understand correctry, in Japan and Korea only? (As SK Japan - its Korean company witch working in Korea and Japan) Huh

The token will start from there but it will not stop , In the whitepaper there is a whole part on how the token will expand they even mentioned the cities on which they are planing expand . 2018 ( Shanghai, Beijing, Shenzhen,Tokyo, Seoul, Singapore, San Francisco ) , 2019 ( Los Angeles, New York,London, Berlin, Stockholm, Paris ) , 2020 (Moscow, Sao Paulo, Milan, Dubai, Jakarta, Manila, Bangalore, Sydney ) . So basically they are planning to expand in most of major cities .

Whit those number you posted, Gatcoin is bound to succeed from the beginning. Imagine how many customers are already using COTOCO services, now they can just move to blockchain and gain profit from their coupons. Its a win win situation.

Most important will be marketing and teams ability to get big partnerships but I think it's only a question of time until they will achieve this.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Rigorous on October 10, 2017, 01:46:56 PM

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

I agree with you man, I'm also interested in those techical things. But maybe they will not share with that user interface, you talk about the interface between merchants themselves and GAT, right?

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Korsakopf on October 10, 2017, 01:43:04 PM

Quote from: Voltaje on October 10, 2017, 11:15:48 AM

Quote from: firstboy on October 10, 2017, 11:00:40 AM

Wow! I am so excited about GATcoin.
Honestly, good projects are hard to come by.
This project has success written all over it.
I really like coins with real world use case.
Nothing beats having real world use case.
Just this alone adds huge potential and legitimacy to the project.

They will start with the Asian market, that is a huge number of people, and its success there will pave the way for their introduction to the European market and Africa too, but lets first see how it develops in Japan, where bitcoin is legal Cheesy

.

Yeah, Japan is very accepting of crypto. China not so much anymore and i feel like Korea is also going to crack down on the industry.

Regulating does not mean not accepting, on the contrary, in my opinion it's more a dynamic of integration than anything else.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: Jay2408 on October 10, 2017, 11:38:24 AM

Quote from: Rigorous on October 10, 2017, 10:36:58 AM

I am talking about stopping exploits that could destroy the company. Like the example where someone bought the whole inventory with 60 cents and hundreds of 20% off coupons. There need to be a safeguard in the terms and conditions to prevent that.

Of course it is a two-way street. The business also try to exploit discounts for their gain. For example they might advertise 80% discount but have only 10 items in stock, only to lure customers to the shop. Or situations where a retailer advertises a super low price over half the internet, but cancels all orders because it was an obvious price mistake.

After the merchant has set all terms like max. coupons per person, validity period, etc. there might be some kind of plausibility check that such extreme cases like your example can't occur.

So we agree that the GAT platform needs a way to support sanity checks before the Merchant Tokens are released. But what if an exploit is detected when the promo is already running and it is not covered by the sanity checks?

It looks like that too is covered:

Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

In that case I am interesting in how the user interface for configuring and managing Merchant Tokens looks.

the_donald

full member

Activity: 588

Merit: 100

Quote from: mirx on October 10, 2017, 01:28:37 PM

Quote from: khufuking on October 10, 2017, 08:47:05 AM

The token will start from there but it will not stop , In the whitepaper there is a whole part on how the token will expand they even mentioned the cities on which they are planing expand . 2018 ( Shanghai, Beijing, Shenzhen,Tokyo, Seoul, Singapore, San Francisco ) , 2019 ( Los Angeles, New York,London, Berlin, Stockholm, Paris ) , 2020 (Moscow, Sao Paulo, Milan, Dubai, Jakarta, Manila, Bangalore, Sydney ) . So basically they are planning to expand in most of major cities .

Hope they will succeed. The business model is good, ICO funds will fuel the expansion, innovaions will attract early adopters.

I'm gonna keep my eye on this and see how the early partnerships evolve. if everything goes good I expect a large ROI.

Korsakopf

full member

Activity: 210

Merit: 105

Quote from: Voltaje on October 10, 2017, 11:15:48 AM

Quote from: firstboy on October 10, 2017, 11:00:40 AM

Wow! I am so excited about GATcoin.
Honestly, good projects are hard to come by.
This project has success written all over it.
I really like coins with real world use case.
Nothing beats having real world use case.
Just this alone adds huge potential and legitimacy to the project.

They will start with the Asian market, that is a huge number of people, and its success there will pave the way for their introduction to the European market and Africa too, but lets first see how it develops in Japan, where bitcoin is legal Cheesy

.

Yeah, Japan is very accepting of crypto. China not so much anymore and i feel like Korea is also going to crack down on the industry.

matjas

full member

Activity: 798

Merit: 115

Quote from: khufuking on October 10, 2017, 08:47:05 AM

Quote from: magisterr on October 10, 2017, 08:16:06 AM

Quote

GAT digital tokens are planned to be used in SKPJ’s retail gift voucher program, COTOCO. GAT tokens for COTOCO will cover 21 major international and local brands with a network of over 30,000 retail stores, 80,000 restaurants and 60,000 beauty outlets. The brands cover household names in the fast food restaurant, beverage, confectionary, beauty and convenience store businesses.

Can anyone explaine me, in which countries this tokens will be avaliable? As I understand correctry, in Japan and Korea only? (As SK Japan - its Korean company witch working in Korea and Japan) Huh

The token will start from there but it will not stop , In the whitepaper there is a whole part on how the token will expand they even mentioned the cities on which they are planing expand . 2018 ( Shanghai, Beijing, Shenzhen,Tokyo, Seoul, Singapore, San Francisco ) , 2019 ( Los Angeles, New York,London, Berlin, Stockholm, Paris ) , 2020 (Moscow, Sao Paulo, Milan, Dubai, Jakarta, Manila, Bangalore, Sydney ) . So basically they are planning to expand in most of major cities .

Whit those number you posted, Gatcoin is bound to succeed from the beginning. Imagine how many customers are already using COTOCO services, now they can just move to blockchain and gain profit from their coupons. Its a win win situation.

mirx

sr. member

Activity: 574

Merit: 251

Quote from: khufuking on October 10, 2017, 08:47:05 AM

The token will start from there but it will not stop , In the whitepaper there is a whole part on how the token will expand they even mentioned the cities on which they are planing expand . 2018 ( Shanghai, Beijing, Shenzhen,Tokyo, Seoul, Singapore, San Francisco ) , 2019 ( Los Angeles, New York,London, Berlin, Stockholm, Paris ) , 2020 (Moscow, Sao Paulo, Milan, Dubai, Jakarta, Manila, Bangalore, Sydney ) . So basically they are planning to expand in most of major cities .

Hope they will succeed. The business model is good, ICO funds will fuel the expansion, innovaions will attract early adopters.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Heimer on October 10, 2017, 12:45:47 PM

Quote from: haxllega on October 10, 2017, 10:32:47 AM

Quote from: matjas on October 09, 2017, 04:44:16 PM

Quote from: magisterr on October 09, 2017, 03:55:05 PM

FIEX

OMG.. this is real picture? Grin

Where is this? In China? Im not sure that this is good adversiting.. but this attracts people's attention really...

It is kinda unusual and also probably illegal to put graffiti in the underground station, but i guess any commercial is a good commercial.

Of course, it's illegal i also think that it will not help that much. I can only speak for me but I never searched on the internet for a name in a graffiti I read.

Are you sure that this isn't just photoshopped? I seriously doubt if Gatcoin developers wanted to break the law by putting some graffiti

maybe this graffiti was made by an investor who believes in the success of the project. and thus showed his support?
anyway it's cool! I really like that GATCOIN community is growing

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: FIEX on October 10, 2017, 04:11:22 AM

Quote from: SEELE^^01 on October 09, 2017, 05:11:04 PM

Quote from: matjas on October 09, 2017, 04:44:16 PM

Quote from: magisterr on October 09, 2017, 03:55:05 PM

FIEX

OMG.. this is real picture? Grin

Where is this? In China? Im not sure that this is good adversiting.. but this attracts people's attention really...

It is kinda unusual and also probably illegal to put graffiti in the underground station, but i guess any commercial is a good commercial.

honestly i think that this is clearly photoshopped. if you look closer on the writing you can clearly see that from the angle of the picture taken, the text should be more distorted to the right.

The image came from a video.
I think its real, great marketing. If not still nice to see this Wink

Quote from: niklasmato on October 10, 2017, 03:30:48 AM

Quote from: abakr on October 10, 2017, 02:39:50 AM

Want to become rivals with the ether. It is quite possible if you connect good programmers

Why do you think this? According to what I've read GATCOIN will not be a a ethereum kinda network, it's a token which runs on the ETH blockchain?

There can always be a coin swap, look at Quatum they also used the smart contract of Ethereum and just did a token swap to there own network.
Its done before so.

GAT token is one thing, GAT network is another thing, merchant tokens will be issued on a new blockchain while GAT it will be an erc20, don't know if they have plans to add even it on the new blockchain

Topic: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 110. (Read 51549 times)