Topic: [ANN][ICO] TRIFFIC - Using Augmented Reality To Turn Miles Into Money - page 2. (Read 903 times)

Hello, I've just added my signature. Thanks!

Hey the going guys and welcome to Cryptolaboratory ICO rating list! All fats about Triffic (GPS) you may look on our website. Thank you for your attention!

Hi - I'm not aware of anywhere that we mention lighthouses. I think that you might have used something like Google Translate which mistakenly used the word 'lighthouses' instead of 'beacons'. A beacon is essentially a highly visible marker. All lighthouses are beacons, but not all beacons are lighthouses.  

These lighthouses/beacons appear in augmented reality and users can interact with them and receive GPS Tokens.

You are correct that America controls the current system of GPS satellites, however the information data that they broadcast is publicly accessible by anyone without the need for any license fees to be paid. This is why an increasing number of applications are using GPS data for anything from delivering local search results to marking the locations of photos to tracking the whereabouts of your kids.

We very much think so - and it's only going to get more interesting from here on in.


Correct. The app is monetised by the user needing to watch a short video message which, in turn, gives them a certain amount of time to earn GPS Tokens whilst travelling around. We return 50% of our video ad revenue back to users in the form of GPS Tokens that are bought on the open markets.


You can use them to create augmented reality beacons outside businesses - for example, 'Buy anything over $6 and receive 4.5 GPS Tokens - or you can use them to create scavenger hunt and geocache type games and you can also use them to pay for favours in the local community - eg, walk my dog etc...

The way we've designed the system makes GPS Tokens easy to integrate into literally any business - all you need is the phone app.


Because purchasing them in the ICO gives people a way to stock up on larger amounts of tokens, meaning that businesses and service providers can instantly start using them to create their owe augmented reality campaigns.

I did not understand what you meant. "Lighthouses may contain GPS markers, blockchlin-based cryptocurrencies that govern the Triffic ecosystem.". But, as far as I know, GPS is a satellite navigation system, belongs to America.

Looks interesting.

I think I understand that anyone can download the app, and start earning GPS tokens for just moving around.

What can I do with my GPS tokens that I earn?

Also if I can earn tokens for free why would I buy them at the ICO

Thanks

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GAMIFY YOURSELF AND GET REWARDED


The Loyalty market is a $500 billion opportunity for blockchain-based infrastructure.

• While many companies run their own loyalty programs, they are normally based on individual proprietary systems that are expensive to develop internally.
  
• Users are expected to carry multiple cards or download multiple apps to keep track of their various loyalty program memberships.

The Triffic ecosystem provides a more efficient way for companies of all sizes to create, market and promote their loyalty program.

• Companies use the Triffic App to create augmented reality beacons outside their premises or in high-traffic areas which drive footfall.
  
• Beacons can contain GPS Tokens, the blockchain-based cryptocurrency that powers the Triffic ecosystem.

GPS Tokens can be acquired with or without investment because of the revenue-generating gamification features of the Triffic App.

• The unique ‘Proof of Effort’ smart contract that validates user earnings is based on a variety of factors including geolocation and traffic congestion.

Unlike all other loyalty programs, GPS Tokens have an actual monetary value.

• GPS Tokens can be cashed out and exchanged into fiat using any participating cryptocurrency exchange.

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GPS TOKENS AND TOKEN SALE

FOUNDERS SALE - 2/7/18 TO 29/3/19

Triffic Pre-ICO Begins - 3/2/18 TO 8/7/18

Triffic 'Early-Bird' ICO - 3/12/2018 - 17-12-2018

MAIN ICO - 28/1/19 TO 29/3/19

TRIFFIC ICO OFFICIALLY ENDS - 29/3/19

CURRENCIES ACCEPTED

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TEAM TRIFFIC

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KEY ADVISORS

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FAQ

What is being sold?
^{The GPS Token is a utility token that is being sold to investors and early adopters of the Triffic App.}

What is the GPS Token and what utility does it play within the triffic app?
^{The token will be used to incentivize and reward app users who can either use them in the in-app economy (marketplace, business and service promotion, rewards etc.) or they can exchange them for Bitcoin, Ethereum or any other cryptocurrency.}

How many GPS Tokens are there in total?
^{Triffic Innovations Ltd has generated a total supply of one billion GPS Tokens (1,000,000,000). These will act as a placeholder during stage one of the development of the Triffic app. Once stage two (blockchain integration) is reached, GPS Tokens will become their own child chain on the Ardor ecosystem and holders of the initial GPS Token placeholder will exchange them at the rate of 1:1 into the new token. When this occurs, any undistributed placeholder tokens will be burnt, massively reducing the supply, and the new child chain algorithm will 'mine' GPS Tokens based on GPS and accelerometer readings.}

How many GPS Tokens are being sold in the token sale event (ico)?
^{Forty percent (40%) or 400,000,000 of the total GPS Token supply of 1,000,000,000.}

How will the sales event (ico) work?
^{The Coinerz Group have created an Ignis Asset called 'GPS Tokens'. Each token is valued at US$0.05. Investors can purchase tokens by using Bitcoin, Ethereum, Ardor. The price will be pegged to USD, which means that there will be some fluctuation in the price as the markets move up and down.}

How will the sales process work?
^{A detailed description of our sales process is located on our sales site and in our White Paper which contains an easy step-by-step walkthrough. Please contact our Customer Support team if you have any questions.}

What is the GPS Token structure & pricing?

• ^{Total Supply: 1,000,000,000 GPS Tokens}
• ^{Allocated ICO supply: 400,000,000 GPS Tokens (40%)}
• ^{Allocated Triffic App supply: 450,000,000 GPS Tokens (45%)}
• ^{Allocated Team and Advisors supply: 75,000,000 GPS Tokens (7.5%)}
• ^{Allocated Bounty supply: 70,000,000 GPS Tokens (7%)}
• ^{Allocated Scavenger World supply: 5,000,000 GPS Tokens (0.5%)}
• ^{1 GPS Token = US$0.05}
• ^{Soft Cap = US$100,000}
• ^{Hard Cap = US$12,000,000}

What will happen to all the unsold GPS Tokens during the token distribution event?

• ^{Any unsold GPS Tokens from the ICO allocation will be burnt after the ICO, reducing the overall supply.}

What is the token delivery plan?

• We will deliver the GPS Tokens within 14 days after the conclusion of the public sale event on March 29, 2019.
• The amount of GPS Tokens that the user will receive is based on the BTC, ETH or ARDR price at the time of submission. This means that if you bought tokens when Ethereum was US$500, you would receive 10000 GPS Tokens, whilst if you bought tokens when Ethereum was US$1000, you would receive 20000 GPS Tokens.

Where do I send btc, eth or ardr?
You should only send funds to the address you see on the token sales site. Your payment address will be different depending on the token you wish to use.


Is there any way to earn bonus GPS Tokens?

• ^{We have a number of different ways to earn bonus GPS Tokens. Our bounty programs are available to anybody who meets our basic KYC requirements. More information is available in the 'Bounties' section of the website}
• ^{Investors who purchase more than US$10,000 of GPS Tokens will receive a heavily discounted price of US$0.02 per GPS Token. These tokens have a lock-in period which prevents their sale until approximately 60 days after the close of the ICO.}
• ^{Investors who purchase their GPS Tokens using Ardor will receive an additional 10% bonus.}

Is there a kyc whitelisting process?

• ^{Our KYC process is run by Identitymind, and is fully automated. You must meet our KYC requirements in order to purchase GPS Tokens. People who wish to invest over US$10,000 will also need to pass enhanced KYC. Don't worry, our token sales site makes the process step-by-step and makes it easy.}

I am a us citizen, can I participate in the ico?

• ^{US citizens can take part in the ICO if they are an accredited investor. An accredited investor is someone who has a net worth of AT LEAST US$1,000,000, excluding the value of ones primary residence, or have an income of at least US$200,000 each year for the last two years ($300,000 combined income if married). If you think that you qualify, then please contact our support desk by clicking the 'Help' button.}

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THE TRIFFIC BACKSTORY

Triffic was initially conceived during the Pokemon Go craze of summer 2016 when company founder James Malach was in Laos during an extended public holiday. Because everything was closed and the public transportation system was not operating, he downloaded Pokemon Go and spent the next couple of days wandering around the streets of Vientiane catching a plethora of Pikachus and other digital monsters.

By the time that the public holiday ended, he had walked for miles and collected over a hundred Pokemon. James immediately realised that the hours he had spent on the game had provided little tangible reward apart from the title of ‘Level 7 Pokemon Trainer’, something which, at the age of 41, was not really something to get excited about.

Having been working in the Blockchain Industry since 2012, he immediately started thinking how it could be possible to create a Pokemon Go styled game which gave out real rewards. He initially called this ‘Scavenger World’ and raised just over one Bitcoin (worth approximately US$600 at the time) from members of the Nxt community by creating and selling an asset on the Nxt blockchain.

Click here to watch the original Scavenger World crowdfunding video

After the initial US$600 was depleted, James took the decision to bootstrap the funding of the company himself and during the next few months, he worked with several developers on a variety of concepts and honing the business model each time until eventually the project grew in scope to the point where it was renamed ‘Triffic’ - an amalgam of ‘Traffic’ and ‘Terrific’.

Work continued on the project for the next few months and in August 2017, Alex Shepherd, a high-level blockchain developer and project manager joined the team, quickly implementing new methodologies, and processes to our development and freeing up James to concentrate on the business side of the company.

In September 2017, the decision was taken to raise funds for Triffic via an Initial Coin Offering which would be scheduled for the following year. In October 2017, Christian Wallace, a highly experienced military procurement consultant was brought on board to provide much needed structure to the internal workings of the company.

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ABOUT THE COMPANY

Triffic Innovations Limited is incorporated in the British Virgin Islands as a BVI Business Company (1978145) and is a wholly owned subsidiary company of The Coinerz Group Pte. Ltd. (201732993N) a private limited company that is incorporated in Singapore that currently has team members from UK, USA, France, India and Australia who have been working together for a long time.

We believe that blockchain technology is a game-changer, but we also believe that cryptocurrency is only the tip of the iceberg. The true value of the blockchain will be felt in industries beyond finance. We are positioned to take advantage of this by creating and nurturing the next generation of easy-to-use decentralised applications that are accessible to anybody in the world.

Unlike most blockchain companies, the value of our company will not be based on the fluctuations of a volatile trading market. Instead, we will build value the traditional way - by creating amazing products with a sound business model, making the most effective partnerships and listening to our users.

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