My understanding is that this is an cryptocurrency as the media's shopping platform, but instead of using cash as a cryptocurrency.Does amazon now support BTC shopping?If it were a purely cryptographic currency, shopping, it would probably have a lot of room to live in the future, since cryptocurrencies are becoming more and more popular.
esprit577,
Avalon allows users to get large discounts on the stuff they already buy, by using an Avalon-specific discount code at the check out page, or by showing their Avalon card at the physical cash register (if they go to the store in real life). In addition, you can earn tokens for shopping at select retailers (sort of like a "cash back" credit card), earn tokens for participating in the ecosystem (surveys, watching ads, completing tasks) etc.
Plus any exclusive deal Avalon secures; whether its a bunch of free laptops up for giveaway, or early access to a movie premier, Beta access to an upcoming - Avalon members get it first, all under one roof.
As of right now Amazon does not accept cryptocurrency directly, but with any luck our vendor outreach team will get a chance to bend Amazon's ear one day soon.
i want to make sure the price of one token,
is it 1.10$ each?
The price will be set in Eth, 24 hours before the crowdfund starts, at about $1.10 per Avalon token (AVA). Our ICO facilitator and escrow has the ability to accept all of the major cryptcurrencies. So if you have any leftover litecoin, or dogecoin around, feel free to use it for our ICO on August 25th.