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Topic: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 125. (Read 51550 times)

full member
Activity: 392
Merit: 100
I think in time  people in bigger countries will benefit from this coin more since there will be more demand for specific merchant coins which means their price will be higher. smaller merchant, less demand, less chance for profit.
I think US and Europe will be the most interesting for this coin but also other countries. Imagine McDonald's will use this it will rocket.
full member
Activity: 798
Merit: 115
Yes i think too Asian market is really a good place to start to use gatcoin. Its a big market and gatcoin will have a lot of application. The concept of tokenize the reward system and permit to Chinese tourist for exemple to pay with it is really nice. I think gatcoin will do great things then will spread the system in a lot of countries.

i agree. i can see quickly grown out to all major market fast if they able to convince some merchants and partner with them

if you can convince a big company in one country to use the system, they can they export it to other branches in other countries. that's how this project will become global.

Yes the more companies that use the services of gatcoin, will encourage other ones to use it too, and the Asian market is huge, so it will a matter of time shops in europe starts using it as well, then it will come to US, and at last to Africa and South and center America.

Its also good for us because the platform and its functionality will get tested in Asia, get some value, and go on other markets. We will get a bugles platform and its value will rise.
sr. member
Activity: 1372
Merit: 259
Quote
The GAT Network is a collection of private consortia GAT networks and enterprise databases.These networks are maintained by participating merchants, and tailored specifically to merchant needs. Some of these private networks will be shared with other merchants, and other networks will be run privately or in partnership with allied merchants

With which merchants you want to make parthnerships? You think about Utrust? Their conceps looks good  Roll Eyes

What do you mean? Networks are made by merchants, is UTrust a merchant? I don't think so, UTrust is a payments service, doesn't offer products like Starbucks for example

Yes, utrust its a payment system. But they also will have merchant. Or Im wrong?
full member
Activity: 294
Merit: 100
One of the thing that must be taken into account is that fidelity is a way for companies to gain access to personal datas on consumers which is a great thing economically speaking for them.

A system like Gatcoin would prevent the collection of personnal datas by the companies or not ?

That ties in with my earlier question, what is the reason for collecting all that data on those cashback forms? I suspect companies want to collect data to analyze customer behavior. From the companies' point of view if GATCOIN prevented the collection of personal data, that would be a loss for them.

Section 2.2.7 of the whitepaper is relevant:

Consumption Patterns: by analyzing geo-location and token consumption from the GAT Wallet, enterprises will gain valuable insight into where marketing resources are best applied

Since the app is on a smartphone it would be technically possible to extract personal data (anonymized or not - and we have known for long that "anonymized" data really isn't).

Therefore, from the consumers' point of view it would be interesting to know GATCOIN's stance how to serve both the companies' and customers' needs with regards to marketing and privacy.

The part of the whitepaper you quoted is very interesting. But couldn't it be possible that these geo-location and token consumtion data is without any connection to personal information about the users. More like a general information where which tokens were used (and not by whom).

Quite right. Let them collect data on movements and coupon payments, transactions, but not personal data.
Data collection is necessary for merchants. The buyer must be able to agree or disagree on data collection. In general, the presence of internal impersonal coupons should preclude the collection of personal data. When such data is collected, it ends with annoying mailing of advertising and spam.
Every company wants this kind of statistics. The question is - will GATCOIN sell this info to third parties or they will be using this only for themselves?

Well, I must have a rare opinion but I'm not opposed at all to merchants having personnal datas about me. These are used to make better and more adapted products, while understanding consumers behaviour. Ok, their goal is to make more money, but they make more money because their products become better for me.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
Quote
The GAT Network is a collection of private consortia GAT networks and enterprise databases.These networks are maintained by participating merchants, and tailored specifically to merchant needs. Some of these private networks will be shared with other merchants, and other networks will be run privately or in partnership with allied merchants

With which merchants you want to make parthnerships? You think about Utrust? Their conceps looks good  Roll Eyes

What do you mean? Networks are made by merchants, is UTrust a merchant? I don't think so, UTrust is a payments service, doesn't offer products like Starbucks for example
full member
Activity: 168
Merit: 100
Gatcoin will gradually replace the means of fidelity to build rewards against the cummulated points, a more intuitive way to preserve the fidelity of the customers.
sr. member
Activity: 518
Merit: 250
One of the thing that must be taken into account is that fidelity is a way for companies to gain access to personal datas on consumers which is a great thing economically speaking for them.

A system like Gatcoin would prevent the collection of personnal datas by the companies or not ?

That ties in with my earlier question, what is the reason for collecting all that data on those cashback forms? I suspect companies want to collect data to analyze customer behavior. From the companies' point of view if GATCOIN prevented the collection of personal data, that would be a loss for them.

Section 2.2.7 of the whitepaper is relevant:

Consumption Patterns: by analyzing geo-location and token consumption from the GAT Wallet, enterprises will gain valuable insight into where marketing resources are best applied

Since the app is on a smartphone it would be technically possible to extract personal data (anonymized or not - and we have known for long that "anonymized" data really isn't).

Therefore, from the consumers' point of view it would be interesting to know GATCOIN's stance how to serve both the companies' and customers' needs with regards to marketing and privacy.

The part of the whitepaper you quoted is very interesting. But couldn't it be possible that these geo-location and token consumtion data is without any connection to personal information about the users. More like a general information where which tokens were used (and not by whom).

Quite right. Let them collect data on movements and coupon payments, transactions, but not personal data.
Data collection is necessary for merchants. The buyer must be able to agree or disagree on data collection. In general, the presence of internal impersonal coupons should preclude the collection of personal data. When such data is collected, it ends with annoying mailing of advertising and spam.
Every company wants this kind of statistics. The question is - will GATCOIN sell this info to third parties or they will be using this only for themselves?
full member
Activity: 182
Merit: 100
Gatcoin will allow to make the purchase from anywhere in the world in the partner network, which will avoid wasting time to spend at the exchange office and pay foreign exchange fees that cause a lot of money.
hero member
Activity: 924
Merit: 520
I think that might be correct , In cases like this why anyone would want to know your personal information ! All they care about is what is this person interested in , What he/she like what they do not like etc a really long list , And if they can already reach you threw GATCOIN ( to advertise and  offer their promotions to you ) then why would they want your personal information !

Correct! Huge company's are only interested in what you do, what you buy and what you want.
They dont need your name or any personal things. They want this so they can send you discount coupons (tokens) for products that you are interested in.

GATcoin will be a great tool for doing this.

I hope that we will see some new partnerships with big vendors before ico. This will be really disruptive project!

I would love to hear Airlines rewards programs integrate with GATCOIN into their system as the airline sector uses such rewards program extensively.

Same here! I have collected 40k KM's on oneworld this year with travelling, but i have a very hard time finding a useful way to spend it. If i could get crypto (ANY CRYPTO) i would be so
happy!

Indeed!, Moreover the beauty of GATCOIN is that you can convert your miles reward to other rewards coming from different merchants and claim it hassle free.
full member
Activity: 294
Merit: 100
Quote
The GAT Network is a collection of private consortia GAT networks and enterprise databases.These networks are maintained by participating merchants, and tailored specifically to merchant needs. Some of these private networks will be shared with other merchants, and other networks will be run privately or in partnership with allied merchants

With which merchants you want to make parthnerships? You think about Utrust? Their conceps looks good  Roll Eyes

Must cost a lot to prospect all these merchants, do you plan to focus a particular continent at the beginning ?

Will you prospect by going directly in the cities or you'll do this at distance ?
sr. member
Activity: 1372
Merit: 259
Quote
The GAT Network is a collection of private consortia GAT networks and enterprise databases.These networks are maintained by participating merchants, and tailored specifically to merchant needs. Some of these private networks will be shared with other merchants, and other networks will be run privately or in partnership with allied merchants

With which merchants you want to make parthnerships? You think about Utrust? Their conceps looks good  Roll Eyes
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
Though you guys might be interested in this join press release from us and SK Planet Japan

https://finance.yahoo.com/news/sk-planet-japan-launch-geo-063000418.html

Great article!
Always nice to see the name of GATcoin in an article

SK Planet Japan (SKPJ) will use GATCOIN's targeted A-DropTM technology to issue branded crypto-currencies to Chinese tourists. Tourists can use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners.

Dont think Chinese people will be investing in this ICO Wink
But now the Chinese people can go shopping in Japan for tokens

Trust me, Chinese people love to go shopping in Japan. I remember times when I couldn't move in some shops because it was full of Chinese who wanted to buy stuff tax free here  Shocked This will be the perfect oportunity now for them  Roll Eyes

yes, i experienced that too. chinese are a wild horde at shopping in japan / hongkong Smiley but the same goes on for the korean people, too. i believe the market will be widen even more, having those customers.

I think gatcoin will spread all Asia after start using in Japan. People want that in their country too. I bet second nation will be Korea.

Starting in Japan is ideal to gain a foothold in the Asian market and I also think other Asian countries will soon follow if they see that the system works well in Japan. I really hope it will eventually be implemented to Europe so that I can try it out for myself, too.

I think so too, but does anyone know if for example Korea and/or China is using reward programs a lot? And how about South East Asia?
As far as I know every country/region uses some kind of reward program to encourage it's customers. This is part of vendors marketing  Wink

Yes, I think most brands have already recognised the importance of loyalty and consumer reward programs. It's an instrument to retain existing customers, attracting new ones and of course getting insight in consumer behaviour.
hero member
Activity: 1736
Merit: 857
One of the thing that must be taken into account is that fidelity is a way for companies to gain access to personal datas on consumers which is a great thing economically speaking for them.

A system like Gatcoin would prevent the collection of personnal datas by the companies or not ?

That ties in with my earlier question, what is the reason for collecting all that data on those cashback forms? I suspect companies want to collect data to analyze customer behavior. From the companies' point of view if GATCOIN prevented the collection of personal data, that would be a loss for them.

Section 2.2.7 of the whitepaper is relevant:

Consumption Patterns: by analyzing geo-location and token consumption from the GAT Wallet, enterprises will gain valuable insight into where marketing resources are best applied

Since the app is on a smartphone it would be technically possible to extract personal data (anonymized or not - and we have known for long that "anonymized" data really isn't).

Therefore, from the consumers' point of view it would be interesting to know GATCOIN's stance how to serve both the companies' and customers' needs with regards to marketing and privacy.

The part of the whitepaper you quoted is very interesting. But couldn't it be possible that these geo-location and token consumtion data is without any connection to personal information about the users. More like a general information where which tokens were used (and not by whom).

Quite right. Let them collect data on movements and coupon payments, transactions, but not personal data.
Data collection is necessary for merchants. The buyer must be able to agree or disagree on data collection. In general, the presence of internal impersonal coupons should preclude the collection of personal data. When such data is collected, it ends with annoying mailing of advertising and spam.
sr. member
Activity: 518
Merit: 250
Though you guys might be interested in this join press release from us and SK Planet Japan

https://finance.yahoo.com/news/sk-planet-japan-launch-geo-063000418.html

Great article!
Always nice to see the name of GATcoin in an article

SK Planet Japan (SKPJ) will use GATCOIN's targeted A-DropTM technology to issue branded crypto-currencies to Chinese tourists. Tourists can use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners.

Dont think Chinese people will be investing in this ICO Wink
But now the Chinese people can go shopping in Japan for tokens

Trust me, Chinese people love to go shopping in Japan. I remember times when I couldn't move in some shops because it was full of Chinese who wanted to buy stuff tax free here  Shocked This will be the perfect oportunity now for them  Roll Eyes

yes, i experienced that too. chinese are a wild horde at shopping in japan / hongkong Smiley but the same goes on for the korean people, too. i believe the market will be widen even more, having those customers.

I think gatcoin will spread all Asia after start using in Japan. People want that in their country too. I bet second nation will be Korea.

Starting in Japan is ideal to gain a foothold in the Asian market and I also think other Asian countries will soon follow if they see that the system works well in Japan. I really hope it will eventually be implemented to Europe so that I can try it out for myself, too.

I think so too, but does anyone know if for example Korea and/or China is using reward programs a lot? And how about South East Asia?
As far as I know every country/region uses some kind of reward program to encourage it's customers. This is part of vendors marketing  Wink
sr. member
Activity: 350
Merit: 250
Yes i think too Asian market is really a good place to start to use gatcoin. Its a big market and gatcoin will have a lot of application. The concept of tokenize the reward system and permit to Chinese tourist for exemple to pay with it is really nice. I think gatcoin will do great things then will spread the system in a lot of countries.

i agree. i can see quickly grown out to all major market fast if they able to convince some merchants and partner with them

if you can convince a big company in one country to use the system, they can they export it to other branches in other countries. that's how this project will become global.

Yes the more companies that use the services of gatcoin, will encourage other ones to use it too, and the Asian market is huge, so it will a matter of time shops in europe starts using it as well, then it will come to US, and at last to Africa and South and center America.
full member
Activity: 336
Merit: 112
Though you guys might be interested in this join press release from us and SK Planet Japan

https://finance.yahoo.com/news/sk-planet-japan-launch-geo-063000418.html

Great article!
Always nice to see the name of GATcoin in an article

SK Planet Japan (SKPJ) will use GATCOIN's targeted A-DropTM technology to issue branded crypto-currencies to Chinese tourists. Tourists can use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners.

Dont think Chinese people will be investing in this ICO Wink
But now the Chinese people can go shopping in Japan for tokens

Trust me, Chinese people love to go shopping in Japan. I remember times when I couldn't move in some shops because it was full of Chinese who wanted to buy stuff tax free here  Shocked This will be the perfect oportunity now for them  Roll Eyes

yes, i experienced that too. chinese are a wild horde at shopping in japan / hongkong Smiley but the same goes on for the korean people, too. i believe the market will be widen even more, having those customers.

I think gatcoin will spread all Asia after start using in Japan. People want that in their country too. I bet second nation will be Korea.

Starting in Japan is ideal to gain a foothold in the Asian market and I also think other Asian countries will soon follow if they see that the system works well in Japan. I really hope it will eventually be implemented to Europe so that I can try it out for myself, too.

I think so too, but does anyone know if for example Korea and/or China is using reward programs a lot? And how about South East Asia?
full member
Activity: 588
Merit: 100
Yes i think too Asian market is really a good place to start to use gatcoin. Its a big market and gatcoin will have a lot of application. The concept of tokenize the reward system and permit to Chinese tourist for exemple to pay with it is really nice. I think gatcoin will do great things then will spread the system in a lot of countries.

i agree. i can see quickly grown out to all major market fast if they able to convince some merchants and partner with them

if you can convince a big company in one country to use the system, they can they export it to other branches in other countries. that's how this project will become global.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
this gatcoin is good ico but what are benefit for investor?

If a project is good and well executed, it always affects the token price. It's always like this without exception. Yes, there is some good plus sides beside token value of having a token, but for me, it is always like that.
hero member
Activity: 686
Merit: 500
Yes i think too Asian market is really a good place to start to use gatcoin. Its a big market and gatcoin will have a lot of application. The concept of tokenize the reward system and permit to Chinese tourist for exemple to pay with it is really nice. I think gatcoin will do great things then will spread the system in a lot of countries.

i agree. i can see quickly grown out to all major market fast if they able to convince some merchants and partner with them
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
Thank you for answering my question so quick dev! Im really enthusiastic about this project.

So one more question; is gatcoin also targeting small shops, besides retailers? Personally I would like that a lot, since its already so difficult for small shops to exist, this will be a huge help for them to connect with customers.
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