🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 140.

Voltaje

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Activity: 350

Merit: 250

Quote from: toolucky98 on October 02, 2017, 02:02:04 PM

Quote from: bitcoin-shark on October 02, 2017, 01:54:53 PM

Quote from: toolucky98 on October 01, 2017, 10:18:51 AM

Quote from: bitcoin-shark on October 01, 2017, 08:52:17 AM

Just read the road map long time before the release of wallet and market, I like the idea of the project offer to companies an easy way to create an own token, I will support this ico joining Bounty of Twitter and Facebook campaign...

Great, you can visit the bounty thread here : https://bitcointalksearch.org/topic/bountygatcoin-blockchain-rewards-program-for-mainstream-retailers-2197894
There are several other bounties too.

i just take a look at the bounty thread,you are right there are also good others opportunity to earn some bounty token,thank you,everyone should take a look at bounty thread is very interesting...

Youre welcome, hopefully the community of this project will be bigger than we expected.

There will be a BIG community once the platform is live and running, people will receive their tokens instead of giftcards and loyalty points, then we will have poeple trading theirs for others, some will exchange it for gatcoins and get money, etc. the community will be HUGE for that, and all this will start in Asia, where there are a lot of people.

PandaMiner

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Activity: 322

Merit: 250

Quote from: niklasmato on October 02, 2017, 03:22:41 PM

Quote from: Rigorous on October 02, 2017, 12:41:10 PM

Quote from: magisterr on October 02, 2017, 12:15:36 PM

Quote

Types Of Merchant Tokens
Merchant Tokens may be issued to replace traditional discount coupons, gift vouchers, prepaid
cash cards, and loyalty points.
▪ Cash Tokens: used as pre-paid cash to buy products and services
▪ Discount Tokens: used as discounts to subsidise the regular cash price of products and services
▪ Loyalty Tokens: used to replace loyalty points to redeem rewards
▪ Gift Tokens: used as gift vouchers to send to friends and family
▪ Travel Tokens: used as portable currency to spend globally in network merchant stores

So, you will have different types of tokens? Or we can exchange Gatcoin for this types of tokes? Huh

The difference between GAT Coins and merchant tokens is explained in the whitepaper on pages 7 and 8. Here:

GAT Coins

▪ ▪ Available during token sale
▪ ▪ Limited supply of GAT Coin
▪ ▪ Will circulate on the main Ethereum public network
▪ ▪ Freely transferable
▪ ▪ Tradable on major exchanges
▪ ▪ Storable in all major client-wallets
▪ ▪ May not be directly exchanged for merchant products
▪ ▪ May be exchanged for merchant tokens on the GAT exchange

Merchant Tokens

▪ ▪ Not available during token sale
▪ ▪ Used to redeem rewards, products and services
▪ ▪ Unlimited supply and variety
▪ ▪ Issued by participating merchants
▪ ▪ Will circulate on private consortia GAT networks
▪ ▪ Not available on the main Ethereum public network
▪ ▪ Storable only in the GAT Wallet
▪ ▪ May be exchanged for GAT Coin and other Merchant Tokens on the GAT Exchange

I read here that the transfer of the GAT (token/coin) will be free? But you will have to pay some GAS to transfer ETH tokens? Or am I missing something.

I think gat team want to say they will free trade fee. network always need gas to send transaction then there is no way (as I belive) to have free transaction on eth network

niklasmato

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Activity: 616

Merit: 263

Quote from: Rigorous on October 02, 2017, 12:41:10 PM

Quote from: magisterr on October 02, 2017, 12:15:36 PM

Quote

Types Of Merchant Tokens
Merchant Tokens may be issued to replace traditional discount coupons, gift vouchers, prepaid
cash cards, and loyalty points.
▪ Cash Tokens: used as pre-paid cash to buy products and services
▪ Discount Tokens: used as discounts to subsidise the regular cash price of products and services
▪ Loyalty Tokens: used to replace loyalty points to redeem rewards
▪ Gift Tokens: used as gift vouchers to send to friends and family
▪ Travel Tokens: used as portable currency to spend globally in network merchant stores

So, you will have different types of tokens? Or we can exchange Gatcoin for this types of tokes? Huh

The difference between GAT Coins and merchant tokens is explained in the whitepaper on pages 7 and 8. Here:

GAT Coins

▪ ▪ Available during token sale
▪ ▪ Limited supply of GAT Coin
▪ ▪ Will circulate on the main Ethereum public network
▪ ▪ Freely transferable
▪ ▪ Tradable on major exchanges
▪ ▪ Storable in all major client-wallets
▪ ▪ May not be directly exchanged for merchant products
▪ ▪ May be exchanged for merchant tokens on the GAT exchange

Merchant Tokens

▪ ▪ Not available during token sale
▪ ▪ Used to redeem rewards, products and services
▪ ▪ Unlimited supply and variety
▪ ▪ Issued by participating merchants
▪ ▪ Will circulate on private consortia GAT networks
▪ ▪ Not available on the main Ethereum public network
▪ ▪ Storable only in the GAT Wallet
▪ ▪ May be exchanged for GAT Coin and other Merchant Tokens on the GAT Exchange

I read here that the transfer of the GAT (token/coin) will be free? But you will have to pay some GAS to transfer ETH tokens? Or am I missing something.

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: ben_GAT on October 02, 2017, 02:14:02 PM

Quote from: toolucky98 on October 02, 2017, 11:30:54 AM

Quote from: Sozialtourist on October 02, 2017, 11:13:30 AM

Quote from: stormcleric on October 02, 2017, 09:58:33 AM

Quote from: Sozialtourist on October 02, 2017, 09:43:20 AM

Quote from: stormcleric on October 02, 2017, 08:54:06 AM

Quote from: Sozialtourist on October 02, 2017, 08:02:53 AM

Quote from: GAT_Chris on October 02, 2017, 03:59:03 AM

The system will be for online and offline, the A-Drop system allows merchants to drop coins in a geographic location which will benefit offline locations, we envisions merchants holding treasure hunts with various vouchers and the end destination being their store or event. Pokemon Go with real world prizes! Additionally the A-drop system will let merchants to send tokens directly in to the wallets of their target customers, like an electronics chain sending a promotion to every male, who has spent more than $500 on electronics in the last year in New York. This can drive traffic to both online and offline stores!

This system is explained in our System Overview https://www.gatcoin.io/wp-content/uploads/2017/09/170928v2-GATCOIN-System-Overview.pdf

Is your A-Drop system able to recognize if a user tries to fake his geographic location with a GPS spoofing app to get the tokens airdropped to his wallet?

But what's the problem? I mean - if you have to be on a given, offline shop to use those tokens... GPS spoofing won't teleport yourself into any location, so you'll end with useless (for you) tokens on your app.

I thought the idea behind all of this is that these merchant tokens are tradeable on the GAT exchange. So if someone teleports to a location for the airdrop and he can, in the end sell, these token on the GAT exchange for GAT tokens, it's pretty obvious that these A-drop system will be abused.

Let the devs speak then. But GPS spoofing systems are not impossible to block. Look at Pokemon Go for instance, GPS cheaters are blocked and banned.

Of course there is the possibility to block users that used GPS spoofing but I don't know if they can legally close such accounts. Would be really interesting to hear a statement from one of the team.

There must be some terms and conditions for users.
Well, the banned/blocked accounts can be unbanned/unblocked by contacting the support.

Of course we will work to discourage and, when possible, block GPS spoofing. However, as @stormcleric and @Sozialtourist pointed out, even if a user has GPS spoofing for an airdrop you will need to go to the store to use it. If you can't do that, then you can trade the tokens in the system for another. That's how the GATCOIN System is meant to work. Someone else will then get those Merchant Tokens and use them. So both customers and the merchant all get what the want in the end. Wink

I don't think the GPS spoofing will be an issue. You can protect the system anyway by checking in the app if the gps location changes to fast. That's just a simple check. There are other checks you can implement though.
If they do spoof occasionally, I don't think the store owners will give gigantic amounts of tokens anyway so it's not really a big issue imho.

greatteager

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Merit: 250