🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 111.

haxllega

full member

Activity: 392

Merit: 100

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

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In Asia especially South Korea, Japan and China live the most crypto enthusiastic people if this project doesn't get successful there it has no future Cool

Heimer

sr. member

Activity: 518

Merit: 250

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

magisterr

sr. member

Activity: 1372

Merit: 259

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 .

Ok, thank you ) As I understand, it will be in Asian country at first

imtiazmahmood

sr. member

Activity: 476

Merit: 250

Gatcoin is the need of large number of people to finance themselves this project will give good returns in the near future

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

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

Quote from: viljy on October 10, 2017, 08:27:03 AM

Quote from: Rigorous on October 09, 2017, 10:24:04 AM

Quote from: viljy on October 09, 2017, 09:21:03 AM

Quote from: cantdecide on October 08, 2017, 04:12:12 AM

Quote from: viljy on October 08, 2017, 03:51:47 AM

Quote from: Rigorous on October 07, 2017, 03:47:42 PM

Quote from: Elkmar on October 07, 2017, 02:55:02 PM

Quote from: Rigorous on October 07, 2017, 12:32:22 PM

In case any of you want to give that a try, there is an anecdote of a man who bought the complete inventory of a store with just 60 cents and a bag full of coupons.

How is that even possible ? Normally you have limits to coupons.

Glad you asked!

The coupons gave 15% to 20% discount on any product. The coupons did not have any rules printed on them that restricted their use. So he figured he could stack the coupons an infinite amount of times. Indeed he could, he even checked it with the Consumer Association.

He came with 2807 coupons and 60 cents. He walked away with 48,500 euros worth of TVs and household products. And gave them away.

My question to the GATCOIN team is: Smart contracts are immutable, what can GATCOIN merchants do in case they made a mistake with Merchant Tokens that could ruin them?

I think that nothing should be done. GATCOIN provides the system to the merchants and buyers, and if there are no errors in the system, then the merchant is responsible for his error.

Well if there are some mistakes in the contract/rules determined by the company itself they just have to stop giving out coins, or?

I mean, that if the merchant gave out his bonuses so much that it would be ruined, then this is the error of this merchant. (Here I assume initially that there are no errors in the GATCOIN system) And if GATCOIN will do hardfork for each such merchant, it will not last long. If hackers kidnap crypto currency, this does not give the right to demand the cancellation of all transactions in the BTC or ETH network, only to return the stolen crypto currency?

As consumers we like merchants to honor their mistakes, but currently almost every promo comes with Terms and Conditions and Disclaimer that allow them to change the rules. If GATCOIN prevented changes to the rules that would be good for the consumers, but terrible for the merchants if they made a mistake. Remember, GATCOIN needs support from Merchants. If it turns out too risky they will back out.

On the one hand you are right. But suppose I want to buy a lot of coupons for an insignificant price, and then for these coupons I want to get a discount. But instead of a discount, I will be refused, because the discount will be too big? Then why should I buy coupons? Then the whole sense of the project, where there is a market of internal tokens (coupons), is lost. Merchants will still cooperate with Gatcoin, because there will be buyers. The buyer is the king of the market. And buyers go to where they are offered discounts, coupons and bonuses. And where will the largest market of such offers - in Gatcoin.

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.

Voltaje

sr. member

Activity: 350

Merit: 250

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

.

firstboy

member

Activity: 91

Merit: 10

firstboy

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.

Rigorous

full member

Activity: 574

Merit: 115