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Topic: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 160. (Read 51550 times)

full member
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What I have seen so far, I like the distribution through the voucher. And as I am currently in Japan, I like it even more Smiley Seems to be an interesting project!
hero member
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White paper seemed to be written by Balzac. It is necessary to read it for two days. Balzac wrote long novels because he was paid for every page. Now I've reading your white paper, but it's only up to 3/4 again. What I liked: internal Merchant Tokens are accessed only inside the system, your GAT Coins, which is the ERC20 token, serves as the input and output to the system. As far as I understand, Merchant Tokens are being accessed at a much faster rate than the Ethereum network can provide. The speed of transactions like in Visa / Mastercard is a huge advantage. Since the ethereum network often needs to wait a long time for confirmation. This system can unite completely different business sectors on its platform. Universal coupon market! Still very good that you already have major partners.
member
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GATCOIN is pleased to announce that is just unveiled targeted A-Drop functionality to its platform which will allow retailers to target consumers based on demographic, spending preferences and geolocation.

You can view the full press release here  
https://www.gatcoin.io/gatcoin-unveils-new-crypto-currency-airdrop-technology/

And get an overview on how the entire GATCOIN system works here
https://www.gatcoin.io/wp-content/uploads/2017/09/170928v2-GATCOIN-System-Overview.pdf

full member
Activity: 200
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Having a business partner already lined up is a good sign of future success.
member
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by the way- will there be a pre sale too?

There is no presale, however early buyers will be rewarded as the first 33.3% of tokens will be sold at $0.20 per token, the next 33.% at $0.30 and the the final 33.3% at $0.40.
full member
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by the way- will there be a pre sale too?
sr. member
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
NICE INTRODUCTION VIDEO,  Grin

also nice thread
will back to see ico open

stay tuned here, and you will get another good information.
don't miss another good news while you leave
member
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What is the reason for using the ERC20 standard for the GAT token instead of the SLL technology you use for the merchant tokens?

To be honest, there is no need to complicate things by moving away from the proven ERC20 platform for the GAT token itself, the added functionality that the GATCOIN system offers merchants (stay tuned for yet to be announced features) are not required for the token so we wanted to keep it simple!

To hear about these features watch our Founder and CEO live at BlockShow Asia via our Facebook page https://www.facebook.com/gatcoinofficial/videos/2206917076219727/ streaming now.



How you going to deal with congestion in ETH network? merchant wants faster transactions. customer do not want to wait hour for ETH transaction to complete that i seen many time when transfer ERC20 tokens. ERC20 is ok for smart contract and ICO for now.

Great question, merchant tokens will be part of the GAT network not the ETH network and will utilise SLL technology to improve transaction times to a point where they are similar to that of Visa or Mastercard.

You can find out more about SLL technology here https://www.gatcoin.io/how-it-works-high-speed-super-large-ledger-technology/

full member
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@Sharma

if a german translation for the whitepaper is needed please contact me via DM. i would kindly reserve the job to be done
hero member
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What is the reason for using the ERC20 standard for the GAT token instead of the SLL technology you use for the merchant tokens?

To be honest, there is no need to complicate things by moving away from the proven ERC20 platform for the GAT token itself, the added functionality that the GATCOIN system offers merchants (stay tuned for yet to be announced features) are not required for the token so we wanted to keep it simple!

To hear about these features watch our Founder and CEO live at BlockShow Asia via our Facebook page https://www.facebook.com/gatcoinofficial/videos/2206917076219727/ streaming now.



How you going to deal with congestion in ETH network? merchant wants faster transactions. customer do not want to wait hour for ETH transaction to complete that i seen many time when transfer ERC20 tokens. ERC20 is ok for smart contract and ICO for now.
full member
Activity: 448
Merit: 107
Gatcoin is really a nice idea, for exemple the whopercoin is an idea for a brand to build their own token around marketing. But with gatcoin, the platform will manage the creation of these tokens, so any brand who want to build a token for the marketing will use gatcoin. Really disruptive and useful', i love the idea.
full member
Activity: 248
Merit: 100
NICE INTRODUCTION VIDEO,  Grin

also nice thread
will back to see ico open
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Probably companies won't want to do a token. It's an unknown territory for companies who haven't been in the blockchain. So they sure would want to work with some program like Gatcoin.
Exactly, consider this for example - small brand of stores wants to have somekind of loyal program for custormers, so they need to issue their own card. With GAT there will issue their own tokens and you as a customer won't be need to carry your card to collect loyal points

Yes, right. And what's more (that's what I like in particular), you can trade among your several loyalty tokens, e.g. trade your tokens a drugstore chain for flight miles  Smiley
member
Activity: 70
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So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Marketing and popularity would be bigger on 1 concentraded i would say
sr. member
Activity: 476
Merit: 250
The thing I understand from whitepaper is the figure of hard cap 60.000 eth. Am I right about this?

And couldn't find any info regarding of soft cap. So what is the soft cap?

For the ICO soft cap is $20M USD, hard cap is $60M USD

project is very interested and reputed. i think there is no soft cap. and token sale end date is end of November when 200000000 sold out. rest os token will sell in 2 years. project is big project and project team is very strong. this will be revolution in shopping world.
sr. member
Activity: 518
Merit: 250
So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Probably companies won't want to do a token. It's an unknown territory for companies who haven't been in the blockchain. So they sure would want to work with some program like Gatcoin.
Exactly, consider this for example - small brand of stores wants to have somekind of loyal program for custormers, so they need to issue their own card. With GAT there will issue their own tokens and you as a customer won't be need to carry your card to collect loyal points
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
nice idea . dont see any idea like this before. reward system is good choice for many restaurant to keep their customer loyal

of the top of my mind. i say embermine and there are several more if i really think about it.
member
Activity: 64
Merit: 10
The thing I understand from whitepaper is the figure of hard cap 60.000 eth. Am I right about this?

And couldn't find any info regarding of soft cap. So what is the soft cap?

For the ICO soft cap is $20M USD, hard cap is $60M USD
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
The thing I understand from whitepaper is the figure of hard cap 60.000 eth. Am I right about this?

And couldn't find any info regarding of soft cap. So what is the soft cap?
member
Activity: 64
Merit: 10
AWESOME idea! I just went through the thread and didn't see any mention...are there any retailers or stores that you have lined up already?

Thanks!

SK Planet Japan is on board as an anchor client, their COTOCO network covers 21 major international and local brands with 30,000 retail stores 80,000 restaurants and 60,000 beauty outlets.

Nice project. Going to read white paper for more detail. is this only going to available in JAPAN only?

While our anchor client is in Japan we have a global focus and will be pursuing merchant clients across the world.

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