This new GCR coin is implementing a unique strategy to place a solid business model on top of the leading-edge crypocurrency technology. It provides 2 market distinctions above all legitimate cryptocurrency coins.
First, it provides a financial incentive for an independent sales force to promote and develop the GCR coin. This leveraged marketing force is an envied asset of other alt coins that are struggling to establish a significant user-base of coin/stake holders.
Second, it provides a good reason for consumers to buy and use it. It builds real cryptocurrency value by creating buyer demand with an exclusive commerce benefit. Buyer demand drives price up, seller demand on the other hand drives price down. If consumers can get a better deal from merchants if they purchase with GCR coin then they will want to purchase GCR coins from the public exchanges. This creates buyer demand. Just having merchants to take a coin only creates seller demand, but if consumers have a good reason to buy and use the coin, buyer demand is created.
The exclusive commerce benefit is delivered by a technology platform called Nexxus the Global Rewards Community that offers consumers a cash/coin back reward when they pay with cryptocurrency, including bitcoin and GCR coin.
The leveraged marketing force is financially incentivized to promote and develop the Nexxus Global Rewards Community world-wide, for which they earn money on every transaction indefinitely.
Merchants win from an increase in sales and access to a new emerging market, Consumers win with a better deal from merchants and referral rewards, and the Leveraged Sales Force wins from an opportunity to create residual revenue from shopper behavior that never quits.
Cryptocurrency is a technology domain looking for its first killer-app that will attract the main-stream public, like my mother, to embrace and use cryptocurrency. Nexxus is that first killer-app to wake up the rest of the world to cryptocurrency. Cryptocurrency is a great social movement at the moment that can greatly magnify its acceptance and adoption in society with a solid business model on top of the innovative, peer-to-peer, people's-financial-system, cryptocurrency technology.
Topic: [ANN] [GCR] Global Currency Reserve - page 9. (Read 69040 times)
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GCR is the the first cryptocurrency coin with a solid business model on top of the innovative cryptocurrency technology. It applies proven business economics to fuel its development, promotion and use, with a leveraged marketing force and a true value builder.
GCR is the the first cryptocurrency coin with a solid business model on top of the innovative cryptocurrency technology. It applies proven business economics to fuel its development, promotion and use, with a leveraged marketing force and a true value builder.
| Type: | Proof of Stake (PoS) |
| Block Time: | 90 seconds |
| Stake Interest: | 5% |
| Block Maturity: | 50 blocks |
| Minimum Coin Age: | 8 hours |
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| Facebook: | https://www.facebook.com/GCRWorldwide |
| Twitter: | https://twitter.com/GCRWorldwide |
| Block Explorer: | https://chainz.cryptoid.info/gcr/ |
| Exchange: | https://www.bittrex.com/Market/Index?MarketName=BTC-GCR |
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| Windows Wallet: | gcr-v1.0.0.0-windows.zip |
| Mac Wallet: | gcr-v1.0.0.0-osx.zip |
| Linux Wallet: | gcr-v1.0.0.0-linux.zip |
| Source Code: | https://github.com/globalcurrencyreserve/gcr |
| Android Wallet: | Coming soon |
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