Topic: [ANN] GoshenCoin Cash (GCC) - Doing Business The Smarter Way - page 2. (Read 466 times)

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How The GoshenCoin Reward System Works

GoshenCoin is your global blockchain-based reward system for C2B (Connector-2-Business) market-place.

A Connector is an account holder representing an individual in the Goshencoin reward system. The account has a weight, which has monetary value. Your account is an asset, and you can earn income and capital gains on it.

A Merchant is a connector that initiates a program (event driven activity initiated by a connector with the goal of increasing their market share through marketing, sales or promotional campaigns).

GoshenCoin was created to bring transparency into the marketing industry, and within the next 10 years will become industry standard for transparent and verifiable performance compensation for marketers and merchants.

GoshenCoin Cash (GCC, GC2) is the currency used in the GoshenCoin reward system. The price of GCC is market determined, and it is an excellent store of value.

How GoshenCoin Reward System Works

Promotion refers to any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand or issue.

Marketing has evolved overtime to meet changing demands of stakehollders, one of such is the need for a system that delivers secure, transparent, and quantifiable ROI for every marketing dollar spent.

What better way to achieve this than to deploy a solution on the revolutionary blockchain - decentralized public ledger of all transactions that have been executed. For this, we introduce GoshenCoin 2.0.

About GoshenCoin 2.0

Goshencoin 2.0 is a global blockchain-based reward system with a C2B (Connector 2 Business) marketplace, where merchants engage the services of marketers for promotion of their programs.

The goal of the GoshenCoin Reward System is to become the viable alternative for organizations to successfully run their marketing, sales, and promotional campaigns as programs, with quantifiable results to show.

Some use cases of the GoshenCoin Reward System are:

i. Decentralized Marketplace for Merchants and Marketers
ii. Loyalty Reward programs
iii. Gift cards
iv. Affiliate Marketing programs
v. Freelance Marketing programs
vi. Performance-based Reward system
vii. Network Marketing programs
viii. Direct Sales programs
ix. Events Promotion
x. Sale of Tickets Online
xi. Internet Marketing programs
xii. Capacity Building and Training programs
xiii. Consensus-based Reward system
xiv. Airdrop programs
xv. Email Marketing programs
xvi. Survey programs
xvii. Contextual Advertising programs
xviii. Social Media/ Digital Marketing programs

The GoshenCoin 2.0 project provides a holistic solution that would guarantee a stable, transparent, and performance-based reward system for the Marketing industry. Also referred to as GoshenCoin Reward System, this solution comprises of:

1. Marketplace
2. GoshenCoin sub-system
3. GoshenCoin Cash (GCC)

Some key concepts in the GoshenCoin Reward System

Connectors are the active participants in the GoshenCoin Reward System, who play both roles of Merchants and Marketers in the marketplace.

Programs - Event-driven activities initiated by Merchants to promote and/or sell their products, services, or brands

GoshenCoin Cash (GCC) - Utility ERC20 token used in GoshenCoin Reward System

Weight - Measures the Quality of Connections (denominated in USD)

Marketplace

i. Is a Decentralized App (DApp)
ii. The top layer of the GoshenCoin Reward System
iii. Meeting place for Connectors (Merchants & Marketers)
iv. Interface for users
v. Stores data in distributed hash tables

Activities

- Activate Connector
- Initiate & launch programs
- Participate in programs
- Buy and Sell weights
- Earn weights
- Build Connection

GoshenCoin Whitepaper download link

Join our Telegram Group https://t.me/joinchat/ELL1cwsohFpZcL_kgfGMWQ

Official GoshenCoin Website